SunGard’s Valdi Solution Adds SaaS Access to the SIX Swiss Exchange …


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M2 Communications

ENP Newswire – 20 July 2012

Release date- 18072012 – London, UK – SunGard has extended its Software-as-a-Service (SaaS)*-based Valdi to connect to the SIX Swiss Exchange Liquidnet Service (SLS).

As a non-displayed liquidity pool for block equity trading, SLS offers traders access to volumes that are not available on ‘lit’ or visible order books of traditional stock exchanges and Multilateral Trading Facilities. This helps traders who want to buy or sell large blocks of shares find counterparties and execute their trades with no market impact to share prices and other trading activity. SLS currently supports French, German, Dutch, Swiss and UK equities. This will be soon extended to six additional European markets. SunGard’s hosted Valdi service for SLS helps firms access SLS easily and cost-effectively.

As a hosted service, Valdi helps reduce the cost of owning and managing the technology infrastructure, helping exchange members and their direct market access clients trade on global exchanges from any Valdi workstation or FIX application.

SunGard’s offices in Switzerland provide local support as well as technical points of presence that give local customers efficient access to global trading venues through the SunGard

We recommend you visit the following site for more complete information and related topics. Article source: http://www.equities.com/news/headline-story?dt=2012-07-20&val=291359&cat=finance

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