Reuters Takes Equity Stake In GL Trade, Maker Of Electronic Exchange Gateways
TRIARCH/TIB REPORT
LONDON--With a 33.5 per cent stake in the Paris-based GL Trade, Reuters fully expects GL Trade's electronic equities trading gateway products to find their way into trading rooms with Reuters Triarch digital data distribution systems, says Richard Burdge, director, order handling for Reuters.
In addition to the equity stake, Reuters has signed an agreement with GL Trade to market its electronic exchange gateway technology to existing Reuters clients with open systems to enable them to link to
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