Patsystems

19 results about this entity

Period: 13 Aug 2007 - 28 Nov 2011

Apply Cancel
Patsystems receives takeover approach as MF Global fallout continues

Patsystems receives takeover approach as MF Global fallout continues

Hit hard by the collapse of its largest customer, MF Global, troubled UK screen-dealing software house Patsystems has been approached about a takeover by ION Trading.

MF Global collapse hits Patsystems

MF Global collapse hits Patsystems

Shares in UK screen-dealing software house Patsystems fell over 10% yesterday on news of the collapse of MF Global, a major customer accounting for recurring revenue of around £3 million.

Exchange spending cutbacks hit Patsystems

Exchange spending cutbacks hit Patsystems

UK screen-dealing software house Patsystems has issued a profits warning as sales to emerging exchanges are hit by economic and financial turmoil.

CVC to buy Convergex majority stake; Patsystems acquiring Mixit

CVC to buy Convergex majority stake; Patsystems acquiring Mixit

US trading technology firm Convergex Holdings has abandoned a planned IPO, agreeing instead to sell a majority stake to funds advised by CVC Capital Partners.

Patsystems sets course for a prosperous New Year with $6 million TurkDex deal

Patsystems sets course for a prosperous New Year with $6 million TurkDex deal

Screen dealing vendor Patsystems has won a $6 million contract to provide exchange, trading and risk management technology to the Turkish Derivatives Exchange (TurkDex).

Finextra50 September 2009

Finextra50 September 2009

The Finextra50 Technology Index has reached 88.90. The majority of the Finextra50 companies are posting an increase in stock price.

Patsystems beats expectations

Patsystems beats expectations

Shares in screen dealing vendor Patsystems rose by more than ten per cent after the UK-based company beat market expectations with a 15% rise in revenue and 23% increase in pretax profit for the full year 2008.

Patsystems share price soars on ION Trading rumours

Patsystems share price soars on ION Trading rumours

The Finextra50 Financial Technology Index held steady last week, with acquisition news and rumours driving up share prices for Patsystems and SSP Holdings. Other gainers include 3i Infotech and Interactive Data, while Fidelity NIS led the fallers.

Nasdaq OMX to provide platform for Hong Kong commodity exchange

Nasdaq OMX to provide platform for Hong Kong commodity exchange

Nasdaq OMX has secured a deal to supply the technology infrastructure for a new commodities exchange that will launch in Hong Kong early next year.

Patsystems and Misys lead Finextra50 down

Patsystems and Misys lead Finextra50 down

The Finextra50 Financial Technology Index slipped two per cent to 88.21 last week, with London-based Patsystems recording the biggest fall after it warned of a profit shortfall in the first half of the year.

Patsystems slumps on profit warning

Patsystems slumps on profit warning

Shares in London-based Patsystems dived after the trading technology vendor warned of a profit shortfall in the first half of the year, which will not be recovered in H2.

Patsystems says customers delaying buying decisions

Patsystems says customers delaying buying decisions

London trading technology vendor Patsystems says major buying decisions by clients "are concluding more slowly than usual" as the credit crisis bites but trading in 2008 has been in line with expectations so far.

Orc hit by downgrade as Factset rises on positive Q2

Orc hit by downgrade as Factset rises on positive Q2

The Finextra50 Financial Technology Index held steady at 83.49 last week. Orc Software led the fallers, dropping almost 18% after analysts downgraded the company based on exposure to the weak US dollar. Factset Research Systems led the gainers after reporting second quarter earnings and reassuring the market that Bear Stearns was not a major client of the firm.

Patsystems signs RBC Capital Markets to Risk Informer

Patsystems signs RBC Capital Markets to Risk Informer

RBC Capital Markets, the corporate and investment banking arm of Royal Bank of Canada, is implementing risk management technology from London-based trading technology vendor Patsystems across its futures division.

Patsystems full year profit up; bullish on prospects for 2008

Patsystems full year profit up; bullish on prospects for 2008

Shares in Patsystems gained in morning trading after the AIM-listed dealing systems vendor reported higher full year pre-tax profit and said prospects for 2008 are in line with its business plans.

Patsystems signs Macquarie to hosted trading platform

Patsystems signs Macquarie to hosted trading platform

Australia's Macquarie Bank has signed an agreement to roll out Patsystems' new hosted electronic trading platform across its futures division.

Finextra50 drops 3.19% led by i-flex and Vasco Data Security

Finextra50 drops 3.19% led by i-flex and Vasco Data Security

Very few stocks posted gains last week as the Finextra50 Financial Technology Index lost ground to close at 100.21. Double-digit percentage falls from i-flex and Vasco Data Security led the downward trend, while Online Resources, Nucleus Software and Chordiant Software also saw significant share price reduction.

Financial technology stocks rally, led by Morningstar and Vasco

Financial technology stocks rally, led by Morningstar and Vasco

The Finextra50 Financial Technology index closed last week at 103.52, increasing just slightly after posting a 4.71% rise the previous week. Morningstar and Vasco Data Security were the biggest gainers, rising 20% and 19% respectively over the past two weeks.

Turbulent markets drag Finextra50 down to 96.02

Turbulent markets drag Finextra50 down to 96.02

The Finextra50 Financial Technology Index fell 1.54% last week as investors' concerns that defaults on US subprime mortgages could spread to various other kinds of debt affected stock markets worldwide. Bank stocks and companies viewed as exposed to the sector were particularly hard hit. However, several US companies in the index posted strong gains, including Jack Henry and Online Resources.

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept