Patsystems Tests Hosted System for SGX

EXCHANGE TECHNOLOGIES

SINGAPORE--U.K. derivatives trading technology vendor Patsystems is currently testing an exchange-hosted electronic brokerage system for the Singapore Exchange (SGX), says Kazuaki Takabatake, general manager of Patsystems in Singapore.

Takabatake tells TTW he expects trials to be completed with the system by December of this year.

The system is designed to provide SGX members and participants with an alternative to the existing exchange-provided front end. "Up until the installation every member

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