Spike Trading selects patsystems for derivatives trading

Spike Trading selects patsystems for derivatives trading

Spike Trading, the Chicago division of futures commission merchant Pioneer Futures, has selected patsystems' derivatives trading software J-Trader to provide institutional and professional dealing clients with connectivity to stock and futures markets around the world.

Spike Trading will deploy J-Trader via the Internet to provide users with initial connectivity to Chicago Board of Trade and Chicago Mercantile Exchange, followed by links to Eurex and Nasdaq Liffe Markets.

Tom Mueller, Spike Trading president, says: "We are particularly excited about the opportunity provided by J-Trader to penetrate new markets, including introducing brokers, commodity trading advisors, and hedge funds."

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