GETCO Execution Services Launches in EuropeBy Getco, PRNE
Wednesday, June 23, 2010
GES Provides Liquidity, Speed and Central Counterparty Clearing for All Clients -
LONDON, June 24, 2010 - GETCO, a global electronic trading and technology firm, today announced
the European launch of GETCO Execution Services (GES). The GES trading
platform provides investors with direct, efficient, reliable and anonymous
access to the dedicated liquidity of leading market-maker GETCO. Importantly,
GES also reduces systemic risk by ensuring central counterparty clearing for
all participants - the first trading venue of its kind in Europe to do so.
"GETCO Execution Services is pleased to raise the standard for investors
seeking to minimize market impact," said Jon Ross, global co-leader of GES.
"GES provides deep liquidity and sub-millisecond executions, and with its CCP
clearing model GES reduces counterparty and overall systemic risk."
GES's liquidity is made possible by GETCO's position as a leading
market-maker on more than 50 exchanges, ECNs, ATSs and MTFs in North and
South America, Europe, and Asia.
The GES platform provides a technologically superior trading experience.
Client orders receive, on average, sub-millisecond executions - including
fills and partial fills - at the European Best Bid and Offer (EBBO) or
In Europe, GES is an appointed representative of GETCO Europe Limited.
GETCO Europe Limited is authorized and regulated by the FSA. In the US, GES
is a member of SIPC, FINRA, NASDAQ and BATS, and is a wholly owned subsidiary
of GETCO Holdings. For more information, please visit: www.getcollc.com/GES/.
GETCO is a global electronic trading and technology firm focused on
helping investors efficiently transfer risk. Our primary business, electronic
market-making and liquidity provision, involves both buying and selling
securities to provide two-sided markets on exchanges around the world. The
electronic liquidity we supply allows individual and institutional investors
to immediately transfer the risk often associated with securities while
saving money on trading costs. In addition, GETCO provides customers with
dedicated liquidity through GETCO Execution Services (GES).
Media Contacts: Adam Weiner, +1-212-521-4823 Sofia Mata-Leclerc, +1-212-521-4821
Adam Weiner, +1-212-521-4823; Sofia Mata-Leclerc, +1-212-521-4821
Tags: France, Germany, Getco, June 24, London, United Kingdom