Patsystems is pleased to announce that Okachi (Hong Kong) Co., Ltd., the Hong Kong branch of Japanese Future Commission Merchant Okachi & Co., Ltd., has signed a license for Patsystems XConnect via Patsystemsâ new ASP hub in Hong Kong.
XConnect is Patsystemsâ new Application Service Provider (ASP) offering and is made up of ASP hubs in Tokyo, Hong Kong, Singapore and Sydney. Okachi currently uses Patsystems Tokyo hub for its front-end trading platforms; J-Trader and Pro-Mark, pre-trade risk management and connectivity to TOCOM. By signing onto Patsystems XConnect via the Hong Kong hub, Okachi will also gain access to HKEx, CME, CBOT, ICE Futures US and LME.
With Patsystemsâ XConnect, Okachi has an efficient and cost-effective means for facilitating cross-market business between Japan and Hong Kong. Okachi can take full advantage of Patsystemsâ advanced connectivity and Global Support Desk service while retaining complete control of their end-user profiles and risk parameters.