GL Readies Hosted LSE Links

OUTSOURCING

LONDON--French independent software vendor (ISV) GL Trade is moving to provide a fully hosted "service bureau" link to the London Stock Exchange (LSE), allowing user firms to sidestep exchange gateway hardware and software deployments.

GL already received approval to host exchange gateways on behalf of users (TTW, Aug. 4), and now has clients interested in full-service outsourcing.

However, firms using only the hosted gateway for back-up and resiliency purposes may find it is still a relatively

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