Patsystems Share Discussion Threads

[bg23] 03/11/2010 07:26

we like this- another exchange operating on the companies infrastructure. makes the company the automatic first choice for users of the exchange when they consider dealing platforms.

gonna take a while for the revenue to come in, but its excellent news that the company is able to gain these sort of contracts in competitive tenders and also each announcement it makes the company first port of call for any exchange considering moving/opening an electronic platform.

mind you, its not the contract i was told was in the offing - that was a bank /broker contract. still not going to complain.



Patsystems Selected as Technology Provider for Mercado a Término de Buenos Aires
(MATba)



Chicago: 3 November 2010 - After an extensive global selection process, the
Mercado a Término de Buenos Aires (MATba) has selected Patsystems as its key
technology provider as it prepares to add electronic trading capability to its
existing open outcry operations.

Based in Buenos Aires, MATba is a futures and options commodity exchange
specializing in wheat, corn and soy. While the exchange has experienced steady
demand over the past few years, MATba acknowledges that they could experience
increased volume with an electronic offering.

Patsystems will provide MATba with a complete exchange system that includes
straight through processing and matching supported by the Patsystems Matching
Engine. The Patsystems Matching Engine is readily scalable and can fully
accommodate the anticipated future growth of MATba.

MATba will also utilize Patsystems' pre-trade risk management module and
front-end trading application, J-Trader. Patsystems' J-Trader is a
user-friendly, feature-rich application that can be easily deployed to MATba
participants over the Internet, WAN, LAN or leased lines. Ease of deployment was
a key consideration for MATba as they aim to make their market more accessible
to local and international participants.

Guillermo Desiervi, Chairman of MATba, said:
"MATba selected Patsystems because they are a flexible and trustworthy partner
that can provide everything we need from the front-end trading platform to the
matching engine. We know that technology will play an important role in MATba's
future growth and we look forward to having Patsystems as our technology
partner."

Sean Barry, Managing Director of Patsystems Americas, said:
"Patsystems is honored to have been selected as MATba's technology partner for
this important initiative in the exchange's lifecycle. We believe that our
scalable technology is ideal for MATba as they look to expand and open up their
market. We also believe that Patsystems is the ideal technology partner with our
ability to provide a complete turnkey solution for exchange."

[dvda] 01/11/2010 14:53

Patsystems Signs Agreement With Interactive Data 7ticks For Connectivity Services To Patsystems XConnect Hub In Chicago

[bg23] 28/10/2010 10:57

looking at the trades, majority seem to be a broker push, ie 3425 shares approx £1000 inc comm, 17500 = £5k inc comm/stamp etc.

more normal to see 10,000 / 25,000 share trade clips, so guess someone has upgraded and is pushing the shares to clients.

be interesting to know who

[interceptor2] 28/10/2010 08:30

Thanks bg23

If it's a broker they must have a very healthy client list.

[bg23] 28/10/2010 08:09

i was told recently that the company was in v late stages on a major new client, but there hasn't been any announcement, so i guess we have to wait and see.

given the number of trades yesterday, and a few first thing this morning, i imagine a broker has done a bit of work on their client base and is pushing the story ?

[interceptor2] 28/10/2010 08:06

The buying continues at the open today.

Unfortunately I haven't found out if PTS was tipped yesterday. My guess would be a tip released at 14:52, but still cant imagine any publication would have that much influence.

Regards.....

[interceptor2] 27/10/2010 17:30

Whats going on here today, the buying volume was huge with 580k buys vs 55k sell, and it all started at 14:52.

It's very strange because all the volume was in small amounts like a pi would purchase. It was like a comment or tip at that time which triggered a buying spree. But I don't know of any tipster who would have that much influence.

Anyone has the answer?

Regards.........

[bg23] 06/10/2010 11:25

i can't find any news or comments re yesterdays move. was it just a case of the stock waking up?

by the way eacn, you look like a chartist to me !

[eacn] 05/10/2010 13:38

FWIW my long term chart. The pink line shows the Elliot wave view (ABCDE, with F the final point due at around now at 41p - we seem to be running a bit late!). The red line shows my guess of the trajectory back in March 2009 when the stock was around 19p.

a href='http://www.advfn.com' title='Free stock charts & share prices from www.advfn.com'>free stock charts from www.advfn.com

I am not a chartist, but I do use charts to help the timing of purchases.

[woodcot] 05/10/2010 11:55

Well, quite a lot of small buys going through pushing the share price May be a news article but I've not noticed anything.

[bg23] 05/10/2010 11:09

thanks DM- doesn't cover any new ground for me, but an interesting take on information dissemination.

if i were a chartist (i'd be pretty dangerous) i'd be thinking ''breakout ??''

[dm1066] 05/10/2010 10:53

Link to an interview with Guillaume Roux-Chabert.............



best rgds

dm

[bugs bunny] 28/9/2010 15:29

an ADVFN competitor have them marked down as sells.

[woodcot] 28/9/2010 13:27

Look like a few big trades have gone through today at 25p, don't know if they are sells but if they are I would think there is a buyer for the shares otherwise the share price would be marked down.

[bg23] 24/9/2010 08:54

thanks DM, good suggestion.

digital look seem to have got confused, ie, pats were listed in their week ahead as providing an update today. perhaps they were mixing up payment of the dividend - next week i think.

no notable trade this week except a few nibbly bits, although the stock seems to be holding its own.

[dm1066] 21/9/2010 10:10

Hi bg - I recommend setting up a Google alert for Patsystems - I got the Standard Bank story in my inbox from about 5 different sources this morning! Got a bit sidetracked with other things or I would have posted a link on this BB.

Best regards

dm

[bg23] 21/9/2010 09:26

just goes to show how unthorough i can be at times , found this new customer announcement on the website:-

Standard Bank Partners with Patsystems
September 21, 2010




Hong Kong: 21 September 2010 – Patsystems is pleased to announce Standard Bank as its
newest customer in Hong Kong.



Standard Bank is now live with a full installation of Patsystems' trading solution, which includes
market connectivity, pre-trade risk management and the use of Patsystems' front-end trading
platforms, J-Trader and Pro-Mark. Standard Bank will use a white labelled version of Patsystems JTrader,
which will be known as MetalsWeb e-Trader, to support its base metals business in Asia
Pacific and worldwide with a direct, low-latency connection to the London Metals Exchange (LME).



Using MetalsWeb e-Trader, customers of Standard Bank can trade LME products, such as
aluminium, copper, nickel, tin, and zinc, directly on the LME during Asia time. The platform provides
traders with an intuitive and flexible trading screen. Key functionality includes access to multiple
markets and instruments from one screen, real-time profit and loss, multi-exchange spreading and
one-click scalping, protection of orders and integrated charting. More advanced front-end
functionality is available through Patsystems Pro-Mark, which offers strategy creation functionality,
Excel integration, sophisticated multi-exchange, multi-leg spreading and advanced order types such
as Icebergs and Ghost orders.



Barry White, Regional Director Asia Pacific, Patsystems, said:
"Patsystems is pleased to provide Standard Bank with a flexible solution to support further growth of
their leading base metals business. We look forward to a long and successful partnership with
Standard Bank."



Victor Yu, Vice Chairman of Commodities, Asia, Standard Bank, said:
"Standard Bank has been a leading player in the base metal market in Asia for over 10 years now.
Trading technology is an increasingly important tool in this market where Standard Bank provides a
global 24 hour base metal service. We are very pleased to be adding further value to our base metal
customers in this area during the Asia time zone."

[bg23] 21/9/2010 09:21

things seem to be warming up quite nicely here.

i can't find any stories and similarly, am not hearing any rumours, but digital look says theres an udate due on friday.

buying ahead of this or is there something else in the pipeline?

[bg23] 17/9/2010 09:16

but it didn't take quite so long to go a trickle further.

bits and pieces going through. can't find anything on the news services.

someone got an inkling that something stirs?

[hybrasil] 16/9/2010 11:29

its taken a vey long time to get to 25p bid

[bg23] 02/8/2010 11:11

a little bit of interest this morning, not a lot of volume, but trades going through look to be buyers, and the mm's don't seem to want to get in the way.

I haven't seen any headlines or comment anywhere - anyone else?

i did re reead the edison report over the weekend, the thing that really struck me was the valuation on a discounted cash flow basis. calculated on a 15% cost of capital they come up with a valuation of 35.1p, but they argue that given the high level of recurring revenue and the maturing business model that a 12.5% cost of capital might be more realistic and therefore have a valuation of 43.7p per share.

they also point out that the company trades on a discount to others in its sphere at 1.5 times '10 revenues against a market norm nearer 1.7x.

so, it seems that there might be a bit of room on the upside. if the m cap can get and stay above 50m, theres a wider base of potential shareholders interested.

looking forward to seeing headlines re customer sign ups and new business to help us onwards

regards

[bbd2] 29/7/2010 20:50

Well looking at Kabouter's investment strategy they obviously don't see the size of the ION holding as an issue for them.