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GL Trade teams with Sonic to deliver direct access to US markets

02 July 2003  |  3938 views  |  0 GL Trade teams with Sonic to deliver direct access to US markets

GL Trade is partnering Sonic Financial Technologies to provide users of its proprietary trading network GL Net with direct access to the US equities markets.

Under the deal, GL Net will link to Sonic's direct access trading portal, SonicStorm, to provide users with order routing and execution services on the US markets, including ECNs, Nyse and Nasdaq.

In turn, SonicStorm customers will be able link to the 70 markets and 300 global brokers currently connected to GL Net.

Gerard Varjacques, CEO, GL Trade, Americas, says: "By combining the strength of Sonic's extensive connectivity to the US equity markets with GL Trade's global market access, customers will have a truly global trading platform with the ability to execute their trades anywhere there is liquidity."

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