Patsystems Lays Out Mixit Integration Plans

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Earlier this week, derivatives trading platform vendor Patsystems finalized its acquisition of equities order management system (OMS) provider Mixit, which was first announced in late July.

According to David Webber, CEO of Patsystems, the merger will yield cross-asset trading capabilities for both vendors’ trading platforms.

"Mixit was developing a simple futures interface prior to the acquisition," says Webber. "This allows us to accelerate plans we both had in place."

Mixit’s 160 clients will

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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