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22 June 2012
Cyprus
Reporter Georgina Lavers

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Cyprus firm selects SunGard

MeritKapital Limited is providing its clients with direct market access (DMA) to the London Stock Exchange via the SunGard Global Network (SGN) international order routing service. Merit is a CySec licensed investment firm offering brokerage services, asset management, corporate finance and custody services

MeritKapital also selected SGN to leverage the network’s international user community and be able to receive order flow from asset managers and sell-side firms already connected to the SGN cloud.

Persella Ioannides, managing director at MeritKapital Ltd, said, “SunGard’s SGN provides MeritKapital with integrated and reliable trading solutions. Using SunGard, we can now offer our clients efficient algorithmic trading and low latency connectivity to exchanges around the world.”

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