GL Readies Thin Client Update

"That [functionally] minimizes latency in trading, maximizes throughput and speeds up updates on pricing," says John Fretwell, deputy managing director for trading and connectivity business unit of GL Trade. The new version will also have enhanced ability for clients to book orders, as well as execute orders, "which leads the product into the over-the-counter (OTC) world," he says.

In addition, the planned upgrade will also feature support and capability to capture, book and record OTC trades.

"We

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