Toro Trading selects Orc Software for options market making on Chicago Climate Futures Exchange
New York, Monday, April 26, 2010 – Orc Software (SSE: ORC), the leading global provider of solutions for advanced trading and connectivity, today announced that New York-based options market maker Toro Trading has selected Orc’s options market making solution for connectivity to the Chicago Climate Futures Exchange (CCFE) options platform. Toro Trading intends to become one of the first options market makers connected to CCFE’s options platform. The order was booked in Q1, 2010, and the contract is based on Orc’s licensing subscription model.“To expand our business, we wanted a solution