GL Trade, Pershing announce brokerage-focused alliance

Paris-based GL Trade has entered into a licensing agreement with Pershing, that will allow it (Pershing) to provide global equity execution capabilities to its introducing broker-dealer and independent registered investment advisor customers. According to GL Trade, its OMS and order routing network will allow Pershing to electronically execute customers' equity orders for both US and international destinations through a single connection. GL TRADE's software will allow Pershing to: - Connect