Patsystems extends global coverage for Fimat

Patsystems adds Fimat USA LLC to extend its global coverage for Fimat Group

Patsystems, London, Wednesday 26 January 2005. Patsystems, the global supplier of trading technology and exchange technology, has signed Fimat USA LLC as a client. The Fimat Group, one of the world’s largest derivatives brokers, is a member of more than 40 derivatives exchanges and offers a range of global clearing and execution services for financial futures and options, commodities, equities and equity derivatives, FX and OTC markets.

Following an installation for the Fimat Group last year in London and one in Sydney in 2001, this will be the third and latest. It will be progressively integrated with the current installations and will complement Fimat’s existing offering of a global solution to their customers in the derivatives markets in the USA, Europe and Asia Pacific.

Commenting on the new installation, Kevin Ashby, Patsystems CEO, said that he is pleased that Fimat has chosen J-Trader as the platform to execute their global activities.

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