Patsystems, the trading and risk management solutions provider to the derivatives industry, is pleased to announce that Advantage Futures has joined Patsystems XConnect in Chicago.
Through Patsystems XConnect, customers of Advantage Futures will have low latency connectivity to several leading futures exchanges, including CME Group, Eurex, IntercontinentalExchange (ICE) and NYSE Liffe. Customers can access these markets using one of Patsystems' award-winning front-end trading platforms, J-Trader or Pro-Mark, which offer advanced functionality such as multi-leg spreading, Excel integration, options strategy creation, advanced order types and order passing capability for brokers.
Patsystems XConnect is a high performance, fully-managed Application Service Provider (ASP) solution. It is highly scalable, supporting any number of customers, with full resiliency and redundancy. It offers the full benefits of the Patsystems trading solution - including a choice of front-end trading platforms, full pre-trade risk management, 24x6 customer support and 24x7 real-time network monitoring - without the need for clients to manage or invest in hardware and related support resources. Patsystems XConnect is made up of a network of hubs located in Chicago, Hong Kong, Singapore, Sydney and Tokyo. These hubs are connected to one another using Patsystems' unique XLink capability.
Sean Barry, Managing Director for Patsystems Americas, said:
"It is a pleasure to extend our existing relationship with Advantage Futures by way of our Patsystems XConnect offering. With powerful high-speed order routing and low latency market connectivity, Patsystems XConnect is an ideal solution for Advantage Futures, known for its high calibre of technology offerings. "
Bill Harrington, Advantage Futures EVP and Sales Manager, added:
"Advantage Futures is excited to expand its relationship with Patsystems and introduce Patsystems XConnect to Advantage clients. This ASP solution should enhance the trading experience for our clients utilizing Patsystems' front end software. This represents our continued effort to increase and improve our technology offerings."