Fixed Income

GL Trade joins forces with Decision Software

GL Trade, a provider of front-to-back-office software solutions, announced Monday it had acquired American company Decision Software, a firm which provides North American financial institutions with fixed income trading platforms and connectivity to liquidity providers.

Instinet expands commission management offering with launch of T*Share

On Monday, Instinet, an agency-only broker and wholly-owned subsidiary of Nomura Holdings, launched T*Share, a new program which allows institutional clients to trade with multiple brokers while consolidating their commission credits on Instinet’s new Plazma commission management platform.

Liquidity crunch causes breakdown in fixed income market

A new study from Greenwich Associates revealed last Thursday that the liquidity crunch in global credit markets sparked by the collapse of the U.S. sub-prime mortgage sector severely disrupted the trading and usage of many fixed income products. Institutional investors fear that fallout will continue to spread.

Evolution Securities selects GL RIMS ASP solution

Equity research provider Evolution Securities (Evolution) is to adopt software vendor GL TRADE's middle- and back-office solution, GL RIMS ASP, the firms announced on Wednesday.