Eurex US, the first all-electronic US futures exchange, began operation on February 8th, 2004, initially trading in US interest rate products. In response, GL TRADE has developed a new trading host that provides direct market access. The GL GATEWAY allows traders to send orders and receive market data on Eurex US of futures, options, and strategies on futures and options.
In addition to its front-office offerings, GL TRADE has developed a GL CLEARVISION gateway for Eurex US. GL CLEARVISION allows clearing members to automatically match and clear their executed orders with the trade legs from the clearing houses.
"Eurex US promises to be a major source of liquidity and we want our clients to be the first to take advantage," said Gerard Varjacques, CEO of GL TRADE Americas. "Developing market access to Eurex US is consistent with GL TRADE's global strategy of providing universal access to market liquidity."