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Patsystems Establishes High-Speed Connection Between New York and Chicago

October 25, 2011

DATE: 25 October 2011

Sean Barry
Managing Director Americas
+1 312 542 1347

Katherine Murray
Global Head of Marketing
+1 312 542 1313

Chicago: 25 October 2011 – Patsystems, the trading and risk management solutions provider to the derivatives industry, now offers an ultra low-latency connection between Chicago and New York. The new connection will provide Patsystems’ New York-based customers with high-speed, point-to-point access to Patsystems XConnect hub in Chicago.

Patsystems XConnect is a high performance, fully-managed 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 without the need for clients to manage or invest in hardware and related support resources. The Patsystems XConnect hub in Chicago offers low-latency connectivity to 15 futures markets.

Customers interested in utilizing the new connection should email or contact Patsystems at (New York) 212-837-7841 or (Chicago) 312-542-1321.

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About Patsystems
Patsystems delivers tailored solutions, built from modular components, to enhance derivatives trading performance and trade processing. We work in partnership with our customers to deliver robust systems that align with their business strategies. Our solutions can range from a plug-and-play module to address a specific issue, to complete high-performance trading systems with global market access. Patsystems operates from a global network of offices covering all major derivatives trading centres. Our shares are traded on the London Stock Exchange’s Alternative Investment Market (AIM).