GL Trade Acquires Decision Software
Decision Software does not have a significant presence in the European market, so GL Trade officials plan to build a European offering focused on the fixed-income market. "We consider that [multi-asset-class trading] will become more and more requested by our customers. ... Fixed income is a new market for us from a trading point of view," says Philippe Rapp, executive vice president, strategic development and mergers and acquisitions with GL Trade.
With the acquisition, GL Trade is in a position
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