Fimat, a global brokerage organisation, has selected GL TRADE, a multi-asset provider of front-to-back-office solutions for international financial institutions, to connect to the Tokyo Grain Exchange (TGE). GL TRADE has developed a gateway directly connected to the central system of the exchange, which will list agricultural products including coffee and sugar products.
"We are very pleased to strengthen our partnership with GL TRADE by connecting to the Tokyo Grain Exchange via the GL TRADE gateway. This is an important development for us which fits into our commitments to the Japanese commodities markets we are now members of," says Julien Le Noble, CEO, Fimat, Japan. "Our clients will not only benefit from GL TRADE's expertise in market connectivity but also from the direct market access (DMA) Fimat will be able to offer them via the GL NET network."
"We have worked closely with TGE to complete successful conformance tests and are now ready to offer order flow from the GL TRADE customer community," comments Charles Henry Choel, deputy regional CEO Asia, GL TRADE.