| Benefits of globalXtrade |
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Benefits
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With direct exchange connections you must invest in very high specification hardware and telecoms equipment. Because glox Ltd. has already made that investment you can connect for a fraction of the cost. In fact, all you need is a PC.
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As a member of the exchange, you only pay the exchange fees. Because glox provides the connectivity and does not trade itself, there are no brokerage fees to pay. All trades are carried out in your own name and so there is no credit risk either.
Also, since members do not pay the minimum activity charge, trading over globalXtrade means only paying for the volumes that you execute.
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Because you are an exchange member, you have the same liquidity advantages as directly connected members.
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Using state of the art technology, you can enter orders directly onto the exchange using our Java client and receive instant execution.
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As an exchage member, you will benefit from the full value chain of integrated trading, clearing and settlement provided by that exchange.
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You can route your orders automatically from your clients onto the exchange, creating true STP from your customers through to settlement.
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Since we handle the task of maintaining the exchange's trading system, you save on complicated system maintenance. All you need is a direct connection to globalXtrade and a PC to run the trading application on.
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Since you can choose from three different connection methods, there is an option to suit everyone's needs - leased line, ISDN dial-up or internet.
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Developed using the latest technological tools in Java, globalXtrade provides a fully scaleable and highly fault tolerant system which incorporates industry standard security.
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We can connect you wherever you are. There are no geographical boundaries.
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Since you will be a member of the exchange, you will benefit from straight through processing. You can choose your settlement organisation and can now settle cross-border trades at the equivalent of the domestic cost. You can also settle using a clearing member. All settlement is usually done in your own name and account, so settlement costs and risk are dramatically reduced. And because you settle directly, there is no need for costly back-to-back trades.
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Using our XML or FIX interfaces, it is possible to fully integrate globalXtrade into your own internal or front end systems. This ensures minimum impact to your existing processes. You can either perform the integration yourself, or we can provide experience to aid you in the process.
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