Orc delivers new market making application for EMEA

Orc Market Maker combines superior performance with rich off-the-shelf functionality.

Stockholm, SWEDEN – Tuesday, September 13, 2011 – Orc Group AB (SSE: ORC), a leading provider of technology and services for the global financial industry, today announced the availability of Orc Market Maker for EMEA. Orc Market Maker is a high-performance solution designed to address the most pressing challenges faced by market makers in today’s competitive markets. Developed and proven on some of the most demanding instruments listed on EUREX, Orc Market Maker provides advanced market leading technology off -the-shelf at a fraction of the typical cost.

Orc Market Maker features a server based quoting engine and the ability to connect to multiple markets from a single screen. With support for options, warrants, and structured products, Orc Market Maker can be utilized across desks. Furthermore, customers have the choice to buy Orc Market Maker as a managed service, thus enabling co-located, low-latency, scalable market making across multiple markets and asset classes with low cost of ownership.

Features also include sophisticated volatility management, robust and accurate volatility and pricing models, and rich APIs for integration of custom volatility and pricing models. With focus on increasing trading efficiency, Orc Market Maker also features automated hedge management, market taking and quote responding.

“We have developed Orc Market Maker to address the present and future challenges of leading market makers, including their needs for low-latency quoting and access to multiple markets worldwide,” said Jesper Alfredsson, Vice President Product Management, Orc. ”Orc Market Maker also offers great flexibility to suit a wide array of users; it is delivered as an out-of-the-box application, while still offering extensive support for developing proprietary models.”

Orc Market Maker is currently also available for North American markets, and will be introduced in APAC during the second half of 2011.

About Orc

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 publicly traded on NASDAQ OMX Stockholm (SSE: ORC).

www.orc-group.com

 

For further information, please contact:
Jesper Alfredsson, VP Product Management, Orc, Tel. +46 739 01 02 20
Christine Blinke, VP of Marketing and Investor Relations, Orc Group. Tel +46 739 01 02 01

 

 

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About Us

Orc is the global market leader in trading technology for listed derivatives. Building on our commitment to long term partnerships and technology innovation that delivers results, Orc serves the trading and electronic execution needs of clients worldwide. Leading trading firms, market makers, banks and brokers depend on Orc to provide robust solutions that deliver concrete value, ensuring that they achieve their business goals in the world's increasingly dynamic and competitive markets. With nearly 200 customer sites in more than 30 countries, access to over 150 trading venues and offices in each of the world's key financial centers, we offer true global capabilities. Combining our technology and financial industry expertise, including a solid understanding of regulatory issues, Orc also provides expert advice and services that help reduce complexity and cost, while enabling clients to stay focused on value creation in their core businesses. Orc is owned by Orc Group Holding AB which in turn is owned mainly by Nordic Capital Fund VII. www.orc-group.com

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