Patsystems plc, the trading solutions provider to the derivatives industry, and GAIN Capital Group (GAIN), a leading spot FX market maker, announced today the launch of Forex trading capabilities on Patsystemsâ market-leading J-Trader execution platform.
Under the terms of the partnership agreement, GAIN will provide 24-hour liquidity in 16 major currency pairs via the J-Trader platform. GAIN, a registered Futures Commission Merchant (FCM), will act as counterparty to all customer trades executed over the J-Trader platform.
âCurrency trading is increasingly popular with retail traders around the globe,â stated Patrick Kenny, Managing Director North America, Patsystems. âVia this partnership with GAIN Capital, J-Trader users can now trade FX in addition to futures and options, all from a single platform.
âJ-Trader is one the most widely used platforms for derivatives trading, and we are pleased to now offer J-Trader users 24-hour liquidity in spot FX,â commented Glenn Stevens, Managing Director at GAIN Capital Group.
Geared toward the active trader who demands high speed, dependable order execution, Patsystemsâ J-Trader delivers split-second execution, real-time streaming quotes and depth of market execution for electronically-traded products. Connecting to over 40 exchanges globally, Patsystemsâ extensive market connectivity delivers a major advantage to its customers.