Mexican broker GBM joins Tradeware GlobalX network

Source: Tradeware

Tradeware Global Corp., a leading broker-neutral solution provider for electronic access to over 90 equity markets worldwide, today announced that it is live with Mexican broker GBM (Grupo Bursátil Mexicano).

GBM will serve to generate order flow into the GlobalX network as an originating and executing broker.

Tradeware's GlobalX broker-to-broker network serves as a neutral "liquidity grid" for global order flow, with a full settlement support in place. It enables brokers to trade globally on an agency basis, thus increasing the efficiencies of cross-border trading.

Grupo Bursátil Mexicano, S.A. de C.V. is a leading company in the Mexican financial market, offering technologically advanced DMA and Portfolio Trading. Through its model of co-investment with clients and capital commitment, it focuses on companies that have strong fundamentals and long-term investment potential. Its investment philosophy is to provide timely and valuable analysis on mid-cap companies that are under-covered by the majority of global firms. The firm has subsidiaries in Mexico, Brazil, and the U.S.

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