Trading technology specialist Patsystems has bought the loss-making financial software company Tamesis, in a move that it expects will allow it to develop its derivatives market presence.
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David Jones, previously interim chief executive at London-based derivatives technology company patsystems, has left the company’s board to concentrate on other business ventures outside financial software. In September, Jones was replaced by Kevin Ashby,...
UK-based derivatives trading software vendor Patsystems will take a £500,000 hit in redundancy costs in its end-of-year results. It is also likely to trim staff further in spite of encouraging figures for the third quarter and ongoing cost-cutting measures....
London-based derivatives trading systems vendor, patsystems, has hired Kevin Ashby as chief executive with effect from September 1. Ashby replaces David Jones, who survived a vote of no confidence in March only to announce his decision to resign a few...
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.
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