Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Patsystems Plc Provides Connectivity To MexDer, Mexican Derivatives Exchange

Date 19/03/2007

Patsystems plc, the trading solutions provider to the derivatives industry, is pleased to announce connectivity to MexDer, the Mexican Derivatives Exchange. The connectivity provides order flow, market data and contract creation for futures and options on both of MexDer’s central trading systems: S/MART and SENTRA. The decision to connect to the exchange was driven by customer demand.

This access will provide Patsystems’ customers with the opportunity to trade all of the futures and options contracts available on the Exchange including:

  • TE28, the 28 day Interbank Interest Rate
  • 91 day Treasury Bill Certificate
  • 3 Year Bond
  • 10 Year Bond
  • IPC Future and Option

Jorge Alegria, CEO, MexDer, said:

"We are glad to announce that Patsystems is a Certified ISV by MexDer. This is a very important step for our Exchange. Patsystems has fast, powerful, electronic trading tools that will provide global connectivity from a single screen to our members and it increases our capability of connecting more participants to our market. ”

Patrick Kenny, Managing Director of North America, Patsystems, said:

“This latest connectivity to MexDer adds to our growing list of major global exchanges. There has been considerable customer interest in trading products on this exchange, and we are pleased to meet those needs.”