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SunGard Consolidates Networks

By linking the SunGard Transaction Network (STN) and BNet with GL Trade's GL Net, the vendor expects to create the largest order routing network worldwide to offer more than 500 global trade execution options to clients, according to officials. The interconnected network is expected to leverage GL Net's 110 exchanges and 300 receiving brokers, STN's 1,800 buy-side clients and BNet's inter-dealer liquidity aggregation services. "The interconnection will help our clients to bring together more

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Risk mitigation in round-the-clock trading

Tied closely with shortened settlement times, overnight trading poses operational and technical risks, writes Sergey Samushin, head of exchange solutions at Devexperts, in this guest column.

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