Patsystems selected by Traders Securities Co, Ltd.

Patsystems has announced that it has been selected by Traders Securities Co, Ltd. in Japan to provide a complete trading and back office solution to allow Global Index Trading by Traders Securities' retail customer base.

The system, which went live on the 2nd October 2009, offers trading on the CME Group Nikkei 225 contract.

Patsystems is also providing the J-Vision back office reporting platform which is intended to simplify the provision of Japanese regulatory reports to users. With multi-time zone and multi-currency support, J-Vision will be able to support any of the international or domestic markets to which Traders Securities wishes to connect.

Duncan Symmons, Managing Director Patsystems Tokyo, said "We are delighted to be supporting Traders Securities in launching this new Global Index Trading initiative. The trading and back office package solution has allowed Traders Securities to rapidly connect to these new markets without the typical high cost and delays of making significant changes to legacy back office systems. This new offering significantly brings down the barriers to entry for brokers looking to offer new domestic and overseas markets to their customers."

Kiyoshi Hashimoto, President Traders Securities Co, Ltd. said: "We are delighted to launch Global Index Trading service which enables our customers to trade the stock index futures all over the world. By using J-Trader offered by Patsystems, our customers - primarily individual investors - will be able to trade the stock index futures they desire under the same conditions as institutional investors."