Five banks based in Switzerland have recently signed up for the globalXtrade service.

The banks, who are going live between September and November, include Wegelin & Co. Privatbankiers, Privatbank Von Graffenried AG, Cornèr Banca SA and E. Gutzwiller & Cie, Banquiers.

Order routing is carried out via FIX, thereby enabling full STP. Each bank has their own order management system and FIX engine, proving the flexibility of the globalXtrade solution.

This establishes us with a diverse customer base, with a total of ten connected banks so far. Our customers are based in Switzerland, the UK, Luxembourg and Dublin.