Rosenthal Collins Group Now Live with ASPEN FX from GL TRADE Capital Markets Solutions

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Tue Sep 2, 2008 11:50am EDT

PARIS & PHILADELPHIA--(Business Wire)--
Regulatory News:

   GL TRADE (Paris:GLT), global provider of multi-market and
multi-asset solutions, today announced that Chicago-based Rosenthal
Collins Group, LLC (RCG), one of the largest independently owned
Futures Commission Merchants, has gone live with GL TRADE's ASPEN for
FX trading back-office operations. ASPEN FX will enable RCG to manage
positions from its institutional FX group.

   GL TRADE's ASPEN is a feature rich, proven ASP solution offering a
suite of trading, position management, risk management, processing,
and general ledger tools. Through ASPEN's leading platform, RCG was
able to connect to five FX electronic trading platforms and a rate
provider to support its operations. ASPEN gives RCG's institutional FX
group a straight-through processing environment that automatically
processes transactions and generates client reports. Furthermore, with
the ASP deployment model, RCG was able to start using ASPEN in less
than 60 days.

   Kevin Nelligan, RCG's Manager of Institutional Foreign Exchange
Sales, said, "We continue to enhance our foreign exchange offerings in
addition to our extensive futures products and services. ASPEN was a
logical choice for meeting our goal of finding an FX back-office
solution that could enhance our ability to manage the operations and
risk associated with institutional foreign exchange. Additionally, RCG
and ASPEN share similar commitments to robust technology, client
service and quality standards."

   Steve Yerkes, Director of ASP Services for GL TRADE Capital
Markets Solutions added, "We are pleased to have Rosenthal Collins
Group as a new client. Our rich FX functionality and ASP deployment
model are particularly attractive to Futures Commission Merchants
looking to gain a competitive edge. The FX market is growing at an
exceptional pace and is being viewed as alternative to the equity and
fixed income markets. We provide a solution that allows our clients to
offer their customers access to the FX market quickly. Furthermore,
our clients benefit from the flexibility of the solution to expand in
the future as business and market needs change."

   RCG is registered with both the Commodity Futures Trading
Commission and the National Futures Association.

   www.gltrade.com

   About Rosenthal Collins Group

   With more than 80 years of experience in the futures industry,
Rosenthal Collins Group (RCG) is one of the world's leading regulated
Futures Commission Merchants (FCMs) offering trading execution,
clearing, brokerage, foreign exchange, managed futures programs and a
full range of electronic trading services to a global institutional,
professional and retail customer base. RCG holds clearing memberships
on all principal U.S. futures exchanges and has access to world
futures markets through a network of correspondent relationships. With
over 25,000 active accounts and more than 150 correspondent brokerage
firms, RCG cleared more than 88 million contracts in 2007 and more
than 73 million contracts in the first half of 2008. Further
information about Rosenthal Collins Group can be found at
www.RCGdirect.com.

   About GL TRADE

   GL TRADE is a global financial software solutions company,
operating in over 50 countries and serving 1,600 clients. We are the
leading provider of multi asset front to back solutions, connectivity
and information services. Our mission is to deliver trading solutions
that ensure our clients' success.

   Headquartered in Paris and London, GL TRADE employs more than
1,400 people. GL TRADE is listed on Euronext Paris (ISIN FR
0000072084).

Marianne Quentin
GL TRADE Group Marketing & Communication
marianne.quentin@gltrade.com
or
Charlotte Crivelli
Metia
+ 33 1 53 40 43 98 +1.917.320.6452
charlotte.crivelli@metia.com

Copyright Business Wire 2008
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