Java-Based Trading Vehicle From Patsystems

TECHNOLOGY NEWS

LONDON -- Developer and distributor of derivatives trading systems, patsystems, has launched a Java-based version of its transaction system, called J-Trader. It says it is the first system to provide end-users with direct browser access to any regulated derivatives exchange.

J-Trader will be distributed to the bigger investment banks and broking firms, who will then pass it on to their clients.

Jacques de Cock, chief executive of patsystems, says, "The end-user doesn't need any technical ski