Guotai Junan Futures Signs Deal with Patsystems Asia

Guotai Junan Futures Holdings has signed a deal to implement and deploy Patsystems technology in Hong Kong, according to Patsystems, a deliverer of tailored solutions, built from modular components, to enhance derivatives trading performance and trade processing. Guotai will be taking a full installation of the Patsystems solution. The installation will include fast order routing, extensive connectivity and integrated risk management. The solution will provide Guotai and its customers with direct access to CME, CBOT, NYBOT, ICE, LIFFE, LME, Eurex, SGX, OSE, KRX, and HKEX via the Patsystems X-Link, which enables Patsystems' customers to interconnect to a receiving broker. Customers of Guotai will be able to access these markets using Patsystems' industry-leading front-end products, J-Trader and Pro-Mark. "As a result of our contract with Patsystems, Guotai can offer a leading international trading platform to our customers. Patsystems also enables us to provide connectivity to over 10 major markets across the globe, which gives us a significant advantage over the local competition," said Calvin Chan, managing director, Guotai Junan Futures. "We are extremely pleased to add Guotai to our growing list of Asian customers. We feel confident in our ability to provide outstanding service and technology to this market. We anticipate a swift and seamless implementation at Guotai," added Barry White, regional director Asia Pacific, Patsystems, in the release.