GL Trade, the Euronext software subsidiary, has continued to outperform the sliding technology market with third-quarter turnover of €32.6m ($32.2), up 28% on the same period in 2001.

GL Trade has also confirmed 25% growth on 2001 for the full year and has been protected from this year's uncertainty in the financial markets through balanced revenue share across its product range and its product licensing system, which leases software to clients a year in advance.