AmerBrokers selects SunGard for DMA

Source: SunGard

AmerBrokers, a Polish financial institution regulated by Komisja Nadzoru Finansowago (KNF) and a member of the Warsaw Stock Exchange (WSE), has chosen SunGard for direct market access (DMA) trading and connectivity to international markets.

Amerbrokers will use SunGard's Valdi DMA trading platform and offer its services to international investors through the SunGard Global Network (SGN), helping support its current brokerage activities on the WSE and its expansion following the exchange's launch of the NYSE Euronext UTP exchange platform later this year.

Artur Koziol, president of the board of Amerbrokers, said, "SunGard offers Amerbrokers a robust trading platform and global network to support our international expansion plans, along with in-depth industry expertise and experience in successful project management."

Philippe Carré, global head of connectivity for SunGard's capital markets business, said, "Dynamic, growing economies like Poland offer opportunities to both domestic brokers and international investors. SunGard can support their ambitions by providing DMA technology and connectivity as well as a connectivity hub in Warsaw for direct access to international market data and trading."

Comments: (0)