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MF Global connects to Indian exchanges with Patsystems

27 May 2008  |  2525 views  |  0 Source: Patsystems

As part of its offerings on the U.S. Futures Exchange MF Global will now offer connectivity to the National Stock Exchange of India Limited and the Bombay Stock Exchange Limited (BSE) through its existing Patsystems infrastructure.

Connectivity to the BSE will permit MF Global market makers and customers to trade Sensex futures, single stock futures and underlying cash equities that are available through the BSE.

Patsystems will provide MF Global with a new release of the FIX Exchange Specific Adaptor that supports the interface to the MF Global sponsored FIX router for order flow.

Chris Smith, COO and deputy CEO, MF Global, said: "Patsystems is an important technology partner of MF Global and we are delighted to be extending our working relationship with them with the provision of this exciting extension to our market connectivity."

Graeme Neilly, Director of Global Account Management, Patsystems, said: "We are happy to assist MF Global with connectivity to these new markets through the use of their existing Patsystems infrastructure. Our flexible and scalable solution makes it easy for current clients, such as MF Global, to add new connectivity at any point in time."

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