DragonBack selects Orc for volatility trading on Asian markets
For Immediate Release: Hong Kong, Sydney and Tokyo – Monday, July 25, 2011 – Orc Group AB (SSE: ORC), a leading provider of technology and services for the global financial industry, today announced that the Hong Kong based fund manager DragonBack Capital has deployed an Orc Trading solution to support their trading needs in their new Asia volatility strategy, the Sharp Peak Vega Fund. The order was booked in Q2, 2011, and the contract is based on Orc’s licensing subscription model.“When evaluating trading software, we were looking for a solution that met our advanced execution needs and