Patsystems Completes SGX Broker Installation
Derivatives trading technology provider Patsystems has completed the installation of an exchange-hosted electronic broker system at the Singapore Exchange (SGX). The system went live in late summer, providing SGX member firms and participants with a trading alternative to the existing exchange-provided trading front-end. Users can connect via dedicated leased lines or via the exchange-provided secured Internet facility for global remote access. It is planned that of Patsystems’ global customers will be able to provide their clients with access to the SGX electronic derivative market via an SGX member gateway while being able to provide reciprocal access to SGX members for global markets access.