Orc selected by Nano Capital in France for Eurex Market Making
Stockholm, SWEDEN – June 26, 2012 – Orc, a leading provider of technology and services for the global financial industry, today announced that Nano Capital, a newly established Paris-based trading firm, has chosen Orc Market Maker to support the firm’s market making operations on Eurex.
“Our extensive evaluation of vendors and their respective offerings clearly revealed Orc Market Maker as the most powerful, reliable, functionally rich solution available and optimized for Eurex,” said Pierre Carotti, CEO and founder, Nano Capital. “We also know Orc to be a strong and capable partner for us to work with in the long term, enabling us to benefit from their market intelligence and continued development of high-performance trading technology.”
Adding Nano Capital to its client base reinforces Orc’s presence in France, which ranges from startup firms to Tier one investment banks. Nano Capital has implemented Orc Market Maker as a hosted, co-located solution to minimize latency and operational costs. As part of the solution Nano Capital uses Orc’s proven APIs to apply custom pricing and volatility models to its market making activities, leveraging the openness of the system.
“We believe that France, a reference market in the equity derivatives world, is a great fit for the Orc offering, and we are delighted to welcome Nano Capital as a client,” said Guillaume Poitevin, Sales Manager, Orc. “Their successful, rapid deployment of Orc Market Maker demonstrates that Orc is the first choice in trading solutions for firms of all sizes and categories, supporting their efforts to gain competitive edge.”
About Orc
Orc is a leading provider of technology and services for the global financial industry. Orc delivers trading and market access solutions that are 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 a profitable trading and brokerage business 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 the EMEA, Americas and Asia-Pacific regions.
Orc is owned by Nordic Capital Fund VII.
www.orc-group.com
For further information, please contact:
Lee Griggs, President EMEA, Orc, Tel. +44 20 794 209 58
Christine Blinke, Chief Marketing Officer, Orc, Tel. +46 739 01 02 01
Pierre Carotti, CEO and founder, Nano Capital, Tel. +33 1 83 56 95 97
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