GL Trade has announced that it is ready to go live with its new gateway offering access to the Dubai Mercantile Exchange, and that Calyon Financial is the first broker to have signed up to connect to this new gateway.
The Dubai Mercantile Exchange (DME), which is scheduled to open on May 1, 2007, is the first energy futures exchange in the Middle East. GL Trade has developed a gateway directly connected to the central system of the DME.
The group will offer market data and order routing to all users.
The move will add the DME to the more than 130 electronic markets worldwide that GL Trade already connects to, including equity and derivatives markets.