US brokers Patterson Capital Markets and Pax Clearing Corporation have implemented patsystem's J-Trader software and are distributing the front-end application to clients.
Patsystems, a UK-based supplier of software for derivatives trading, says the firms have been supplying the application to clients since January.
Zach Patterson, owner of Patterson Capital Markets, says "We are keen to extend our market reach, particularly in Europe and J-Trader is giving us the edge we need."
Launched in 2000, J-Trader is a Web-based system that provides direct access to global futures, options and equities exchanges and delivers real-time price distribution and pre-trade risk management. The application can be re-branded and distributed through a corporate Web site.