GL Trade's new Reg NMS service

According to Franck Lambert, head of strategic marketing projects, front-to-back solutions with GL Trade, additions to the ASP-based GL Stream trading platform include support for multi-leg direct market access (DMA) orders allowing users to model each leg of a trade in DMA, archive it and re-model it during the life of each leg. This functionality became available at the end of last month (April).

Lambert explains that GL Trade has two Reg NMS-related tools in the pipeline – the first iterations

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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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