Brief: Sungard Futures Systems primed for single stock futures trading

Brief: Sungard Futures Systems primed for single stock futures trading

Sungard Futures Systems says it is ready to begin processing single stock futures over its back office clearing and accounting package GMI.

The SunGard operating unit says the package will clear transactions conducted over OneChicago and Nasdaq Liffe Markets when trading commences in the US later this year.

The GMI package is used by futures commission merchants, banks and brokerage firms.

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