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Patsystems Establishes High-Speed Connection Between New York and Chicago

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.