GL Trade Ups the Ante
TRANSACTION SYSTEMS
PARIS--French electronic trading solutions provider GL Trade is planning new products and growth initiatives for 2002 after seeing profits rise by over 50 percent last year over 2000, as turnover was boosted by the purchase of trading and risk management firm Finsoft last June (TTW, Feb. 4).
GL Trade predicts sustained growth this year and expects profits to remain 13 percent of turnover. It plans to open new offices in Stockholm and Johannesburg and offer access to more stock exchanges worldwide
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