Ascot Financial Services Limited signs deal with Patsystems Asia

22 April 2008

Patsystems is pleased to announce that Ascot Financial Services Limited has signed a deal to implement and deploy Patsystems technology in Hong Kong.

Ascot will be taking a full installation of the Patsystems solution, and will be deploying it to its customers as an ASP model. The installation will include fast order routing, extensive connectivity and integrated risk management. The solution will provide Ascot and their customers with direct access to HKEX, CME, ICE, NYBOT, eCBOT and TOCOM, via Patsystems’ well-established J-Trader and Pro-Mark front-end trading screens.

Patsystems J-Trader front-end tool provides traders with an intuitive and flexible trading screen. Key functionality includes access to multiple markets and instruments from one screen, real-time profit and loss, advanced order management, multi-exchange spreading and one-click scalping, protection of orders, and integrated charting.

Patsystems Pro-Mark front-end tool provides specific functionality for professional, high-volume traders who use complex strategies across a wide range of products and exchanges. Key functionality includes advanced options trading capability, flexible charting, Excel integration and sophisticated spreading tools.

Angela Kwan, Chief Executive Officer, Ascot Financial Services Limited, said:
“Patsystems' ASP solution will provide us with a cost effective, robust platform that will suit our diverse range of traders. In addition, the extensive connectivity across both regional and global markets will give us more value-added services that we can pass on to our client base. We are confident that this new system implementation with our connectivity will enable us to offer substantial benefits to both customers and prospects.”

Barry White, Regional Director Asia Pacific, Patsystems, said:
"We are extremely pleased to add Ascot Financial Services Limited to our growing list of Asian customers. We are continuing to invest in our Asian infrastructure and provide an excellent service in the region. Ascot’s recent signing demonstrates recognition within the industry of our continued high levels of sophisticated technology and timely delivery.”

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development