Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Mizuho Securities Expands Patsystems Offerings With Singapore Installation

Date 09/06/2009

Patsystems is pleased to announce that Mizuho Securities has added a full installation of the Patsystems infrastructure in Singapore. Mizuho Securities (Singapore) Pte Ltd will offer localized access to CME Group, Eurex, LIFFE, SGX and other major markets via its Singapore hub.

Like Mizuho Securities, which currently operates a full Patsystems infrastructure in Tokyo, Mizuho Securities (Singapore) will offer its customers a choice of Patsystems industry-leading front-ends, J-Trader and Pro-Mark. Both front-ends will be managed by Patsystems pre-trade risk administration module.

Hitoshi Shimoyama, CEO, Mizuho Securities (Singapore) Pte. Ltd., said: “Thanks to Patsystems, we are delighted to provide one of the fastest execution services to our clientele based in Asia. Our clientele will be connected to our ultra low latency infrastructure, then directly connected to major exchanges abroad via our Singapore hub. This will specially meet requirements from high frequency traders, prop traders or other securities houses.”

Barry White, Regional Director of Asia Pacific, Patsystems, said: “The Mizuho Securities’ Singapore installation provides us with a great opportunity to further expand Mizuho’s customer base in Southeast Asia. Mizuho’s regional-based customers will enjoy direct, low-latency access via the Singapore Gateway Hub and Patsystems’ X-links technology, creating a very attractive offering for customers who rely on speed to market.”