Patsystems releases Pro-Mark and IQ-Trader front ends

Patsystems releases Pro-Mark and IQ-Trader front ends

London trading software vendor Patsystems has released two new front-ends - Pro-Mark and IQ-Trader - and an enhanced 'Platinum' version of its current electronic dealing platform.

The two front end applications are the first products to be released from the vendor's newly-developed next generation trading platform, TradeMark.

Patsystems says Pro-Mark was developed after comprehensive market research and provides a range of trading applications including its market depth trading tool, Reflector, which was introduced in 2004 to replace the vendor's Dome system. The front-end system also includes Patsystems' Grid tool which enables traders to view and trade exchange-supported spreads, strips, packs and bundles from a single window.

The first release of the product is targeted at short-term interest rate (STIR) traders and yield curve traders. The vendor says future releases of the system will also include its multi-leg spreading tool, Prism.

Patsystems says the IQ-Trader application is a powerful 'back-testing' and 'optimisation' module that allows traders to test and refine their strategies and to build their own meta-strategies. The application includes a range of intra-day and historical charting and analytical tools, combined with the ability to define and execute a wide range of automated trading strategies.

Furthermore, Patsystems is releasing an enhanced version of its current trading platform which it says delivers a 30% improvement in speed and performance.

Commenting on the changes, Kevin Ashby, CEO, Patsystems, says: "The joint launch of Pro-Mark and IQ-Trader, together with the Platinum performance enhancements, extends our suite of products for the professional futures trader."

Comments: (0)