Derivatives brokerage house Cube Financial is to deploy patsystems' trading platform and J-Trader software across its operations.
Under the agreement, Cube Financial will install the patsystems' derivatives trading platform to connect to Euronext.liffe, Eurex, CBOT a/c/e and CME Globex2, with the potential to extend connectivity in the future to further exchanges.
Cube Financial will deploy the patsystems J-Trader software to in-house brokers in London and externally to institutional clients in Europe, via the Internet or leased lines.
John Ruskin, CEO of Cube Financial, comments: "Patsystems will provide us with an alternative solution for our in-house brokers. We can now open up new markets with the patsystems solution and respond to the needs of our external clients who are looking for a high functionality trading application which is cost effective, reliable and secure."