Trading solutions provider GL TRADE has received full certification to provide an order routing gateway to European multilateral trading facility Turquoise.
The deal will allow GL TRADE’s brokerage clients and those brokers’ DMA clients to execute trades on Turquoise from its launch.
The agreement, first revealed by theTRADEnews.com last Tuesday, follows comments from David Morgan, marketing director for trading and client connectivity at GL TRADE, that clients have requested connectivity to all “significant” multilateral trading facilities.
This is the third such deal announced by GL TRADE, following links with Chi-X and Equiduct Trading.
“GL TRADE is committed to enabling clients to meet post-MiFID challenges by providing a comprehensive suite of multi-venue trading solutions, both for enterprise implementations and via ASP market access,” Vincent Burzynski, Managing Director for Products at GL TRADE, in a statement. “Adding Turquoise to our connectivity offerings is an important step forward.”