GL Stream™ for Multi-venue Trading
GL Stream™ for Multi-venue Trading is a suite of capabilities for liquidity management, supporting trading of a set of instruments across multiple competing venues: these may include exchanges, ATSs, ECNs, MTFs, Dark pools and in-house matching engines. All have in common the ability to match trades electronically.
This mode of market operation is well established in the US equities and options markets, and with the introduction of the MiFID legislation in Europe in 2007 is now developing rapidly in Europe, with beginnings also in Asia.
Features
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Aggregates market data from multiple venues to provide a single order book display
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Routes orders to multiple trading venues using smart sweep algorithms
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Provides a flexible Matching Engine for support of in-house Dark Pools
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Databases transactions for multi-year analysis and demonstration of best execution
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Includes a range of reporting capabilities is available
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Supports US options and European equities markets currently
Benefits
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Helps enable brokers and buy-side firms to achieve true best execution
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Allows brokers to demonstrate best execution to clients at any time
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Combines with GL Stream™ ASP market access offer for a cost-effective approach
Brochures & Datasheets