Orc introduces FIX Access to global trading venues
Orc FIX Access extends the reach of FIX-enabled trading systems using Orc’s native exchange gateways.
Stockholm, SWEDEN – Wednesday, October 9, 2013 – Orc, a leading provider of technology and services for the global financial industry, today announced Orc FIX Access, a key addition to its stand-alone market access offering. Orc FIX Access allows any FIX-enabled trading system to use Orc's native exchange gateways for reaching 150+ global execution venues covering all major asset classes.
Orc FIX Access builds on Orc’s 25+ years’ of experience working closely with exchanges around the world to build superior market gateways. It provides an ideal solution for firms seeking to either leverage their existing Orc market gateways or extend the trading reach of any FIX-enabled EMS or OMS.
Many trading firms face a problem due to a proliferation of ISV or in-house trading systems, each with their own set of native exchange gateways in addition to a standard FIX adapter for broker access. Users of each specific trading system are limited to trading only those markets which the particular system supports. Orc FIX Access overcomes such constraints by providing all trading systems with access to Orc's native market gateways via FIX, without intermediate components.
“Orc FIX Access is a business facilitator which enables firms to focus on their core trading activities,” said Martin Nilsson, Head of Product Management, Orc Group AB. ”With this new solution we can offer our customers convenient access to high-quality market gateways with global coverage, allowing them to explore new regions and trading venues with minimal effort.”
The first version of Orc FIX Access is now available to customers globally.
About Orc
Orc is a leading provider of technology and services for the global financial industry. Since 1987, Orc delivers trading and market access solutions used by proprietary trading and market making firms, investment banks, hedge funds and brokerage houses worldwide.
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 Orc Group Holding AB, which is in turn mainly owned by Nordic Capital Fund VII.
For further information, please contact:
Jesper Alfredsson, Chief Strategy Officer, Tel. +46 506 477 55, jesper.alfredsson@orc-group.com
Christine Blinke, Chief Marketing Officer, Tel. +46 8 506 477 21, christine.blinke@orc-group.com
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