Soc Gen Expands Electronic Trading Service to Brazil, Mexico, Malaysia and Taiwan
Societe Generale Corporate & Investment Banking announced April 13 that it has extended its global equity electronic trading service to Brazil, Mexico, Malaysia and Taiwan, allowing institutional clients to benefit from the bank’s global reach and comprehensive execution service across both developed and emerging markets.
In these four markets the bank is introducing algorithmic trading strategies Direct Strategy Access (DSA) as well as Direct Market Access (DMA), providing clients with faster and smoother execution. The introduction of equity electronic trading in four of the fastest growing emerging markets underlines the Bank’s commitment to extend its geographic coverage and provide innovative technology and services.
With this addition, the bank is now offering direct electronic access (DMA & DSA) on key global exchanges including all developed European markets (15 primary exchanges & the 4 largest MTFs), the Americas (US, Canada, Brazil & Mexico) and Asia (Japan, Hong Kong, Australia, Singapore, New Zealand, South Korea, India, Thailand, Malaysia & Taiwan).
With access to one of the largest liquidity pools in Global Equities (including #1 market share on Euronext), the bank’s Cash Equity Execution team offers global coverage across 65 markets, comprehensive liquidity solutions, advanced algorithms and an integrated execution product, which includes all equities & exchange traded funds (ETFs).
In 2010, the bank plans to further enhance its sales-trading service, to continue to innovate in global electronic services, to provide consistent capital commitment across all equities, and to reinforce its offering in portfolio trading, index & quant services, futures as well as US and Pan-Asian products.