Tradewire Adopts SunGard Liquidity Services

The Miami-based firm was already a GL Trade customer, using GL Win, SunGard's multi-asset, multi-broker execution management system (EMS) that sits on its buy-side customers' desktops. SunGard acquired GL Trade last year and gained Tradewire as a customer at the time (DWT, Aug. 4, 2008). The U.S. vendor rebranded GL Trade as SunGard Global Trading. The new business unit comprises three product lines: trading and client connectivity, which represents around 60 percent of the business segment

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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