Westpac Banking Corporation selects Orc Trading solution for warrants market making
For immediate release: Sydney, Hong Kong and Tokyo – Tuesday, June 7, 2011 – Orc Group AB (SSE: ORC), a leading provider of technology and services for the global financial industry, today announced Westpac Banking Corporation has deployed Orc Trading to support its options trading and warrants market making operations on the Australian Securities Exchange (ASX). The order was booked in Q1, 2011, and the contract is based on Orc’s licensing subscription model.Westpac Banking Corporation (Westpac) was founded in 1817 and was the first bank established in Australia. The Westpac Group provides