Korean Investment & Securities Co. Ltd. selects Orc to offer low-latency access to Korean markets
For Immediate Release: Hong Kong, Sydney and Tokyo, Tuesday April 10, 2012 – Orc, a leading provider of technology and services for the global financial industry, today announced that Korean Investment & Securities Co. Ltd. (KIS) has selected Orc to meet growing market demand for low-latency connectivity to the Korea Exchange (KRX).
As a result of the deal, customers of both Orc and KIS will be able to capitalize on the market opportunities in Korea. Orc’s solutions allow KIS clients to trade onto the KRX through KIS’ membership.
“We’re really pleased to work with Orc to provide high performance market access to the Korean futures and options markets,” says John Yoo, International DMA Head of Sales, Korean Investment & Securities Co. Ltd. “Orc is well known in Asia for their leading-edge trading technology and we are glad to be in a position to leverage their solutions within our brokerage business. This powerful addition will further enhance our efforts to satisfy the diverse trading needs of clients.”
"With Orc’s low-latency connectivity solution, KIS will be able to facilitate the high speed demands of international trading customers looking to access KOSPI futures and options. We look forward to working with KIS to deliver sophisticated trading solutions to the high-frequency trading community,” comments Peter McPhee, Vice President Sales, APAC, Orc.
Orc’s sponsored access solutions offer buy-side users access to liquidity pools including exchanges and ECNs, without the need for exchange membership.
About Korean Investment & Securities Co. Ltd.
KIS is a securities company in Korea with a comprehensive range of management and investment banking services including securities brokerage of domestic and international investors, underwriting, IPOs, derivatives, real estate, fund management, and financial advisory services.
Orc is a leading provider of technology and services for the global financial industry. Orc delivers trading and market access solutions used by proprietary trading and market making firms, investment banks, hedge funds and brokerage houses worldwide.
Available as deployed software or as managed services, Orc develops and provides the tools needed for running profitable trading or brokerage businesses in today’s competitive and ever-changing markets.
With market presence in all major global financial centers, Orc provides sales and support services from its offices across EMEA, the Americas and the Asia-Pacific regions.
Orc is owned by Nordic Capital Fund VII.
For further information, please contact:
Greg Chambers, President, APAC, Orc
Agnes Wong, Senior Marketing Manager, APAC, Orc