Algorithmic Trading news articles - The Bank of East Asia Selected GL TRADE for Its Trading on Options
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May 8, 2007 - GL TRADE, global provider of front-to-back office software solutions for international financial institutions, announces that The Bank of East Asia, the largest independent local bank in Hong Kong, has selected GL TRADE options trading station, GL RUBYX to handle market making on 10 equity options on Hong Kong Futures Exchange currently.
The Bank of East Asia Selected GL TRADE for Its Trading on Options
GL RUBYX meets the specific needs of traders, hedgers and market makers by automating trading and quoting on a number of option classes simultaneously on multiple exchanges.
BEA makes use of GL RUBYX to perform automatic answer to quote request, automatic hedging of positions and neutral delta hedging. GL RUBYX complies with the Exchange requirement by providing complete statistics in real-time of BEA click here to return to the top of the page
