GL Trade talks up Singapore business

GL Trade, global provider of integrated multi assets and multi markets software solutions to international financial institutions, announces the seventh financial company to sign GL CLEARVISION, its middle office solution for clearing listed derivatives on the Singapore Stock Exchange (SGX).

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"As many operations are reaching volumes that can no longer be cleared manually, the functionality of GL CLEARVISION seems to be welcomed by many financial institutions," notes Paul Abrey, Senior Business Analyst at GL TRADE Singapore.

"As many Derivatives Operations are setting up in Singapore, GL CLEARVISION on SGX has often been a right decision for Heads of Operations to complete their regional clearing platform using GL CLEARVISION," comments Fabrice Oriol, GL TRADE's Sales Director of the business unit Post Trade for Derivatives South East Asia and North East Asia.

GL TRADE is a major stakeholder in the field of futures and options, as demonstrated by its turnover, product range, R&D resources and number of clients worldwide. From front office with GL STREAM, to back office with UBIX, GL TRADE is the only vendor capable to offer a complete range of systems for listed derivatives.

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