Patsystems signs Japan's Harbest Futures to hosted trading services

Harbest Futures Inc is the latest futures commission merchant to select Patsystems hosted solution (FM Solution) in Japan. They will be using the system to access the TOCOM market as well as the Tokyo Grain Exchange once live trading on continuous market starts at the exchange.

Ryoichi Sagae, Harbest Futures General Manager in International Department said: "We are very pleased to make a master agreement with Patsystems in order to expand and achieve our ultimate goal. In addition, we are now focusing on international brokerage services while Japanese commodity futures markets face globalization. FM solution is one of the best reliable systems in the world and helps our brokerage services advance to provide more investing opportunities for our clients. I am looking forward to making our company the best for our prospective and existing customers."

Kazuaki Takabatake, Patsystems Regional Director for Asia said: "We are delighted that Harbest Futures Inc has become a new customer of our FM Solution. One of the key reasons behind their selection of Patsystems was our lead time to go live. We have been able to achieve this through the use of our FM Solution enabling live trading within 3 weeks of signing contracts."