Orc Group AB

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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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Bank of America Merrill Lynch expands participation in Orc ExNet to provide algorithmic trading services for US options and equities

Mon, Sep 28, 2009 09:00 CET

New York, Monday, September 28, 2009 – Bank of America Merrill Lynch and Orc Software announced today that users of Orc ExNet broker connectivity network will now gain expanded access to Bank of America Merrill Lynch's US options algorithm platform, providing order execution algorithms and market connectivity globally.The order was booked in Q3, 2009, and the contract is based on Orc’s licensing subscription model. Orc users will now be able to trade US options and equities through Bank of America Merrill Lynch and leverage its advanced algorithmic trading services, including new options

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Bank of America Merrill Lynch expands participation in Orc ExNet to provide algorithmic trading services for US options and equities

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