Gelber Group leverages Orc for quoting on NASDAQ OMX PHLX exchange
Chicago, Monday, February 14, 2011 – Orc Software (SSE: ORC), a leading provider of technology and services for the global financial industry, today announced that Chicago-based proprietary trading firm Gelber Group is using Orc Liquidator for quoting options on the NASDAQ OMX PHLX (PHLX) exchange via Orc’s direct market gateway. The order was booked in Q4 2010, and the contract is based on Orc’s licensing subscription model.The NASDAQ OMX PHLX exchange, previously the Philadelphia Stock Exchange, is one of the largest options trading venues in North America. “With Orc’s connectivity