Knight Direct joins ExNet by Orc Software for Global Market Access
London, Tuesday, August 31, 2010 – Orc Software (SSE: ORC), the leading global provider of technology and services for advanced trading in financial instruments, today announced that Knight Direct has joined the Orc ExNet broker connectivity network to offer algorithmic execution services and market access to clients. The order involved in the Orc-Knight partnership was booked in Q1, 2010, and the contract is based on Orc’s licensing subscription model.The partnership allows Orc users to trade securities directly using Knight Direct and provides access to Knight Direct’s extensive set of