Patsystems moves into forex trading

UK-based trading technology vendor Patsystems will expand into foreign exchange trading through a deal reached with IFX Markets. The British companies will develop an interface that will allow traders on Patsystems’ trading platform to connect directly…

Jones leaves patsystems

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,…

Patsystems to take £500,000 hit

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…

Jones steps down to make way for new patsystems chief

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…

Patsystems' Jones survives no-confidence vote

The results of patsystems' extraordinary general meeting (EGM) held yesterday could not have produced better results from the perspective of the London-based independent software vendor’s current management team.

Spike Trading signs with patsystems

Spike Trading, a Chicago-based supplier of clearing and support services to floor-based traders, has contracted independent software vendor patsystems, to provide it with J-Trader, the company’s online derivatives trading platform.

Patsystems saga continues

Patsystems’ extraordinary general meeting, requisitioned by a group of disgruntled shareholders on February 11 this year, has been postponed until March 23.

Cargill signs up to patsystems

Chicago-based Cargill Investor Services (CIS) has signed up to a derivatives trading service supplied by patsystems, the London-based software vendor specialising in electronic exchange connectivity and front-end trading.

SGX to launch single-stock futures on October 26

The Singapore Exchange (SGX) will launch 15 single-stock futures contracts on October 26. The contracts are based on underlying blue chip stocks listed on SGX’s securities market, and include names like Chartered Semiconductor Manufacturing, DBS Group,…

Patsystems' de Cock ousted from CEO role

Jacques de Cock has stepped down as chief executive officer of London-based trading software company patsystems. David Jones, who was appointed to the board as non-executive director in January 2001, takes over as chief executive. Patsystems said de Cock…

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