Patsystems plc signs contract with with Ong First Tradition Pte Ltd

24 January 2007

Patsystems is pleased to announce the signing of Ong First Tradition Pte Ltd as a new customer. Ong First will be using Patsystems to access SGX (Singapore Exchange), and other global exchanges in US and Europe such as CME, CBOT, LIFFE and Eurex, and Asian exchanges such as KRX, OSE, TSE, TIFFE, TOCOM and HKFE.

Ong First will be distributing Patsystems’ J-Trader front-end to its customers in Singapore, offering this substantial market access.

Ong Ka Thai, Chairman, Ong First Tradition Pte Ltd said:
“With the inclusion of Patsystems’ easy to use trading front-end and robust pre-trade risk management software as part of our offerings, this has further reinforced our company's commitment to provide world-class e-trading services to our customers in the Asia Pacific Region with the connectivity to a comprehensive list of global exchanges.”

Kazuaki Takabatake, Patsystems Regional Director for Asia said:
"We are delighted to welcome Ong First as a new customer. Through Patsystems’ network of customers and connectivity, we are able to provide them with a premium range of market access, which they can provide to their customers. We look forward to working with Ong First and to playing an integral part in the development of their electronic trading offering."

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