In an attempt to widen the appeal of its J-Trader front-end, Patsystems has launched a new trading simulator, J-Simulator. The training tool will teach users how to master J-Trader but without any of the risks of live trading. J-Simulator functions in the same manner as J-Trader, except that all orders are both directed to and matched by the Patsystems Matching Engine (PME), rather than being sent to a real exchange. The full functionality of J-Trader is available, but the system is configured so that live (or delayed) prices are used. Users may keep positions overnight, see real-time profit and loss on their open positions, and paper trade against real market price movements. The product is being rolled out to Patsystems’ customers, who will re-brand it and distribute it to end-users.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.