TFX Eyes Remote Traders with GL, Co-Lo

GL Trade has been a recognized TFX independent software vendor, providing connectivity to local exchange members, for around eight years. The new agreement is part of an initiative by the exchange to attract members from outside the country, making it the first Japanese exchange to accept foreign members.

"We have a target of three to five institutions that we'd like to connect by the end of the year [via the new remote membership scheme]," says Philippe Carré, head of connectivity at GL Trade.

TF

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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