Major Spanish client for patsystems

Banesto Bolsa, the Spanish brokerage arm of the Banesto banking group, has signed up to J-Trader Gold, a derivatives trading service supplied by patsystems, the London-based software vendor.

Banesto Bolsa will access the Spanish derivatives market and international derivatives exchanges through the patsystems trading interface - J-Trader Gold. Connectivity will be provided through the patsystems Cross Link (Xlink) service. Xlink enables organisations to gain access and trade on exchanges where they do not hold a membership, through relationships with existing patsystems exchange member clients.

“This is a significant breakthrough for us in the Spanish market, as this deal represents