FNM Also Suspends Foreclosures Thru January
::
FRE Suspends All Foreclosures, Evictions of Occupied Homes Thru January 9, 2009
::
S&P/TSX Down 765 Points, a 9% Decline to 7724 at Close
::
10yr Yield Drops to 3.05% (Lowest Ever)
::
Dell Beats in Q3 - 37 Cents/Share vs. 31 Estimated
::
BoNY Cutting 4% (1,800 Jobs)
::
Citi: Strong Capital Position, Liquidity --CNBC
::
TSY - no other funds in TSY's temporary money mkt guarantee program rec'd a similar liquidation notice from the SEC
::
TSY's Exchange Stabilization Fund will buy any remaining securities in The Reserve Fund at amortized cost
::
TSY is helping The Reserve Fund to ensure "order and timely" liquidation
::
Office of Thrift Supervision says 225 banks seeking funds are pending Agency Review
::
OTS says 1/3 of Thrift Banks have sought bailout funds
::
TSY - The Reserve Fund's securities are s/t Gov't paper and FNM, FRE securities
::
TSY will serve as 'buyer of last resort' for The Reserve Fund's securities
::
30yr Yield Drops to 3.61% (Lowest Ever) on Biggest Day Drop Since Sep-01
::
TSY had taken The Reserve Fund into the Temporary Guarantee for Money Market Funds program
::
TSY says they agree to help liquidate fund due to "extraordinary and unique" circumstances
::
TSY agrees to help liquidate The Reserve Fund's U.S. Gov't Fund
::
Long Bond Up 5 Handles in Panic-Buying
::
S&P Down 5.1% to 765, Lowest Since Apr-97
::

Username: Password: Forgotten your Password? Create an Account

30th July, 2008 - GL TRADE announces that it has received full certification from Turquoise for its order-routing gateway

GL TRADE’s suite of European MTF gateways moves forward with certification from Turquoise

Eli Lederman, Chief Executive, Turquoise: "its good to see that GL TRADEs significant European user base will be ready to trade on our platform at the start.

GL TRADE has announced that it has received full certification from Turquoise for its order-routing gateway. This is a significant milestone in the development of GL TRADEs suite of capabilities for multi-venue trading in the post-MiFID European equity markets.

Turquoise will commence live trading in September. With this certification, GL TRADEs brokerage clients, and also the DMA clients of those brokers, will be enabled for business on Turquoise from day one.

Eli Lederman, Chief Executive of Turquoise, said, Connectivity to technology solutions providers represents an important link to Turquoise's network of members, and its good to see that GL TRADEs significant European user base will be ready to trade on our platform at the start.

In a two-year project, GL TRADE has developed a suite of software products and services to allow trading firms to maximise the opportunities created by the post-MiFID market environment. As a result, client firms can aggregate the price data published by multiple trading venues into a single European order book, and then use GL TRADEs Smart Order Router to drive decisions on how and where to place their own trades. Best Execution is both the objective and the obligation under MiFID rules. GL TRADE has developed specific products to enable brokerage firms and their clients to build and report on the audit databases that allow Best Ex to be monitored.

This suite of products is in daily use at several client organisations, enabling early gains for these firms and their clients from smart order routing to Chi-X, the first of the major international MTFs to go live. Alongside the Chi-X and Turquoise developments, GL TRADE is building gateways for three other pan-European MTFs: Equiduct, Nasdaq-OMX and BATS Trading, in order to be ready for the start of trading in each case. Interfaces are also developed for dark pools where significant liquidity is available.

Vincent Burzynski, Managing Director for Products at GL TRADE Group, says: The post-MiFID markets present major competitive opportunities to brokerage firms prepared to take them, but the technical challenges are significant. GL TRADE is committed to enabling clients to meet these challenges by providing a comprehensive suite of multi-venue trading solutions, both for enterprise implementations and via ASP market access. Adding Turquoise to our connectivity offerings is an important step forward.

click here to return to the top of the page

30th July, 2008 - GL TRADE announces that it has received full certification from Turquoise for its order-routing gateway

GL TRADE’s suite of European MTF gateways moves forward with certification from Turquoise

Eli Lederman, Chief Executive, Turquoise: "its good to see that GL TRADEs significant European user base will be ready to trade on our platform at the start.

Eli Lederman, Chief Executive, Turquoise: "its good to see that GL TRADEs significant European user base will be ready to trade on our platform at the start.