GL TRADE now offers ASP connectivity to OMX-linked Nordic and Baltic Exchanges, giving access to the various stock exchanges – Copenhagen, Helsinki, Oslo, Reykjavik, Riga, Stockholm, Tallinn and Vilnius – through OMX’s central trading engine.
GL TRADE brokers will be able to access any of the exchanges, depending on their membership, through the Internet, VPN connection or GL NET.
Since the launch of OMX Nordic Exchange a month ago the average trades per day is 125,510, and average daily share trading value has equaled € 4,631 million.
“GL TRADE is pleased to add OMX to its existing pan-European ASP market access coverage,” says Philippe Carr, managing director of GL TRADE client connectivity business line. “Our unrivalled expertise on fully serviced market connectivity together with our ability to provide efficient and cost effective access address our clients’ requirements for broader trading needs. We expect our first clients to go live on the OMX service before the end of the year.”