GL Trade saw a 10% increase in its annual figures for 2007 while operating profit slipped to 17.4%, down from 17.8% a year earlier.
- GL Trade saw a 10% increase in its
annual figures for 2007 while operating profit slipped to
17.4%, down from 17.8% a year earlier. Overall turnover for
the ISV was 203.3 million up from 184.8 million
in 2006. This gave an operating profit of 35.4 million,
or 17.4% versus 32.9 million (17.8%), a year earlier.
This was in line with targets the company had set itself, GL
- Russian Trading Systems introduced a new
version of its trading system Plaza on March 1. New features
of the system include a technology bridge between Depository
Clearing Company and Russian Depository Certificates (DCC).
This will allow Gazprom shares to be accessed and trades
executed not only using RDC securities accounts but also
those of the DCC. Functionality for evening trading has also
been added. However, a decision regarding the date of its
introduction has not yet been made. There has also been
changes to the data structure of the trading database and the
structure of messages available through the RTS gateway.
These will enable the placing of orders during the evening
- CQG is the latest company to connect to
Liffes new high speed access line as well as acquiring
space at the exchanges co-location facility. CQG will
join a growing throng of companies signing up to connect to
Liffes new offering. So far the exchange has over 100
clinets signed up with over 25 taking co-location while more
than 75 have connected to its 100Mbs high speed access
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