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About GAIN: News & Events |
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Patsystems plc Adds Forex Trading Capabilities to J-Trader Front-end Via Partnership With GAIN Capital Group
J-Trader now supports 24-hour currency trading.
Bedminster, NJ - March 27, 2007 - 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 Patsystems' market-leading J-Trader execution platform.
Under the terms of the partnership agreement, GAIN will provide 24-hour liquidity in 18 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.
"Currency trading is increasingly popular with retail traders around the globe," stated Patrick Kenny, Managing Director North America, Patsystems. "Via this partnership with GAIN Capital, J-Trader users can now trade FX in addition to futures and options, all from a single platform.
"J-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," commented Glenn Stevens, Managing Director at GAIN Capital Group.
Geared toward the active trader who demands high speed, dependable order execution, Patsystems' 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, Patsystems' extensive market connectivity delivers a major advantage to its customers.
About Patsystems LLC
Patsystems delivers tailored solutions, built from modular components, to enhance derivatives trading performance and trade processing. We work in partnership with our customers to deliver robust systems that align with their business strategies. Our solutions can range from a plug-and-play module to address a specific issue, to complete high-performance trading systems with global market access. Patsystems operates from a global network of offices covering all major derivatives trading centres. Our shares are traded on the London Stock Exchange's Alternative Investment Market (AIM) under the symbol (LSE:PTS). www.patsystems.com
About GAIN Capital Group, LLC
GAIN Capital Group, LLC is a leading provider of foreign exchange services, including direct-access trading and asset management. Founded in 1999 by Wall Street veterans, GAIN Capital Group is one of the largest, most respected firms in the online forex industry, servicing clients from more than 140 countries and supporting trade volume in excess of $100 billion per month. Headquartered in Bedminster, New Jersey, the company operates sales offices in New York and Shanghai.
GAIN Capital Group, LLC and FOREX.com are registered with the National Futures Association (NFA) as a Futures Commission Merchant (NFA ID #0339826). For more information, please visit www.gaincapital.com
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