GL Trade, the Paris-based software vendor, is to expand access to products traded on Euronext.Liffe, the pan-European derivatives exchange, by offering a leased connection to the exchange's trading system to small and mid-sized brokers.
The software company, in which Euronext has a minority stake, will offer the necessary software over the internet or on its own network so that brokers will not need to install the hardware, software and connecting lines usually required to use a trading system. GL Trade will host and maintain all trading and market data, hardware and software.