Patsystems, a trading and risk management solutions provider to the derivatives industry, has rolled out a global, fully-managed application service provider (ASP) network in London. The new Patsystems XConnect hub provides customers with low-latency connectivity to futures markets and access to Patsystems’ suite of front-end trading tools without the need to invest in hardware infrastructure or related technical support resources.
It will provide connectivity to over 20 futures exchanges globally. The firm’s existing Patsystems XConnect hubs, which are located in Chicago, Hong Kong, Singapore, Sydney and Tokyo, are all connected to Patsystems XLink technology.
Click here for the release from Patsystems.