Patsystems will provide access to SAFEX in partnership with Applied Derivatives. Through this partnership, customers of Patsystems will have access to all SAFEX equity derivatives products. Macquarie Bank Limited will be Patsystemsâ first customer to offer this market.
Customers of Macquarie will be able to trade SAFEX products using a choice of Patsystemsâ industry leading front-ends, J-Trader and Pro-Mark.
Graeme Neilly, Director of Global Account Management, Patsystems, said âAs the South African financial markets become more globalized, our customers have experienced increased demand for SAFEX equity derivatives products, particularly from a hedging perspective. As a leading provider of market connectivity, Patsystems strives to provide our customers with extensive market access, which ultimately gives our customers a competitive advantage.â