Patsystems Plc

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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.

Pro-Mark is an advanced application designed for professional, high-volume traders. It was built for high speed trading, in particular of complex strategies such as multi-leg spreads.

IQ Trader is designed for technical traders (chartists). It contains tools that analyze markets to help traders choose the best strategies.


History

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.

People

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.

Weber has been a member of the Institute of Chartered Accountants since 1989 and holds a BSc (Economics) from the London School of Economics.