Winterflood starts trading on SWX Eurobonds using globalXtrade

Winterflood Securities Limited went live on SWX Eurobonds on the 11th of June 2003.

Winterflood chose glox Ltd as Network Connectivity Provider for the connection to SWX Eurobonds. This connection provides a fully functional front end as well as the facility to stream prices to the exchange.

Quote from Antony Di Lorenzo, Director of Winterflood "As a one of the leading providers of liquidity to the UK retail sector, we are very happy to extend access to our wide range of products and services to the Swiss retail market through membership of SWX. Choosing globalXtrade as a network provider has given us the most cost effective means of doing so."

Quote from Ueli Goldener, Head of Fixed Income at SWX Eurobonds “We are very pleased to welcome Winterflood to our exchange. As a strong player in the retail market, they are well suited to our focus on retail trades below €1m backed up by straight through processing. With globalXtrade, the connection process was quick and efficient."

Quote from Paul Reynolds, Head of European Sales, glox Ltd: "Network connectivity dramatically reduces the cost of connection to exchanges whilst the customer maintains its status as a member on the exchange."

Notes for editors:
SWX Eurobonds, which went live in 1998, currently has 55 active participants and over 1000 trades per day. More than 1300 Eurobonds are traded on the exchange.
SWX Eurobonds provides firm prices which are available on the internet at
www.swx.com/cgi/dqs/eurobonds?currency=USD&newiss=14&lang=en


Glox Ltd. was founded to provide an alternative to direct exchange connection by offering simple and cost-effective exchange access. GlobalXtrade connects banks and brokers to exchanges as members without the usual high costs and system maintenance required of a direct connection.

For more details, see the following web links :
www.wins.co.uk
www.swx.com
www.swx.com/products/eurobonds_en.html
www.swx.com/news/media/media20030611_en.html
www.swx.com/news/messages/pdf_dir/swx4603e.pdf