Patsystems was founded in 1994 by a team of derivatives traders and IT experts who recognised that the derivatives industry was moving towards electronic trading and built systems that would lead the way as traders migrated away from open outcry trading.
Since then, Patsystems has continued to innovate and lead the market in electronic trading of derivatives by developing a range of scalable and versatile trading modules, risk management systems and exchange systems.
Patsystems’ first trading front-end, J-Trader, is now a well recognized name in the derivatives industry, with extensive global distribution. To complement J-Trader, Pro-Mark and IQ-Trader have been launched in recent years to provide an advanced and feature-rich suite of trading tools. Alongside these well-established front-ends, Patsystems offers both proprietary and FIX APIs which are currently used by thousands of developers.
Our trading solutions are complemented by our extensive network of exchange connectivity. Patsystems offers direct market access to over 60 exchanges along with indirect access through our unique X-Link network.
In addition to trading platforms Patsystems offers an exchange solution that includes matching, clearing, and settlement. The exchange system is built around the Patsystems Matching Engine (PME).
In August of 2005 Patsystems acquired the entire issued share capital of Tamesis Limited. The acquisition extended our trading and exchange offerings to include risk solutions with the Risk Informer product, which enables the real-time quantitative analysis of risk across multiple asset classes.
The company floated on the London Stock Exchange in March 2000 and transferred to the Alternative Investment Market (AIM) in February 2003 and was delisted on 28th February 2012. Patsystems Limited (formerly Patsystems plc) is a company incorporated in England and Wales (registered under company number 4498002) with its registered office at Level 26, 30 St Mary Axe, London EC3A 8EP