Polish Player BRE Securities Turns to SunGard for Connectivity
Dom Inwestycyjny BRE Banku SA (BRE Securities), the broker arm of Polish BRE Bank Group, part of the Commerzbank financial services group, has selected SunGard's Valdi solution, together with the SunGard Global Network (SGN), the company's international trading cloud.
BRE Securities' traders will use Valdi's trading tools, including basket trading and arbitrage modules, along with the Valdi order management suite, helping them handle the increased volumes expected on the Warsaw Stock Exchange's (WSE) new trading platform. SGN provides direct access to more than 2,000 buy-side firms and more than 530 brokers, facilitating international order routing and Polish capital markets access for its customers.
"We are facing changes on the Warsaw Stock Exchange and needed a technology provider that we could depend on for many years to come," says BRE Securities deputy director Marzena Lempicka.
BRE Securities was the top futures trading firm on the WSE in 2012. It ranked third for options trading and seventh for equities trading in volume.
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