Patsystems is a trading-solutions provider best known for its globally distributed J-Trader front-end trading screen. Patsystems, often referred to in shorthand as Pats, is an AIM-listed company incorporated in England and Wales (registered under number 4498002).
Patsystems also offers an extensive network of exchange connectivity, risk management solutions and an API for third-party solutions providers to connect through.
Besides the well-known J-Trader, Patsystems offers two other newer front ends, Pro-Mark and IQ Trader.
IQ is a front end designed for technical traders (chartists). Currently, fewer people are using it than use Patsystems' more traditional front ends.
Patsystems was founded in 1994 by a group of derivatives traders and technology professionals at a time when the futures markets were beginning to migrate from physical trading floors to an electronic model.
David Weber is the CEO of Patsystems. He joined the company in 2006, replacing Kevin Ashby as CEO. Weber was formerly the chief executive of AttentiV Systems Group. At AttentiV Systems he led a management buyout and public flotation on AIM. AttentiV Systems Group Plc was acquired by TietoEnator in May 2005.