Orc, the global market leader in electronic trading technology for
listed derivatives, today announced an extension to its trading and
electronic execution offering with market access to FEX Global Pty. Ltd.
(FEX). This connectivity offering will enable exchange participants to
trade on the new execution venue upon its expected launch in 2016.
FEX will offer futures and options products in the energy and commodity
space. The new Orc gateway was developed in partnership with FEX and
certified by the exchange during Q3, 2015. This extension of Orc’s
native gateway offering is a clear indication of Orc’s commitment to
continuous R&D investments.
“Orc’s new Orc FEX gateway gives derivatives trading firms in the Asia
Pacific region the opportunity to trade on our energy and commodity
markets from the expected launch in early 2016,” said Tom Price, CEO,
FEX Global Pty. Ltd. “We are delighted to work with Orc, a recognized
leader in the exchange traded derivatives space, knowing that their
Trading Bricks platform meets the needs of our trading members and their
clients. Orc’s FEX access clearly demonstrates their leadership in
developing best-in-class electronic trading technology.”
“We are excited to have completed our connectivity to FEX and to be
officially certified for customer use by the exchange,” said Greg
Chambers, President APAC, Orc Group. “Orc’s commitment to the exchange
traded derivatives space is unrivaled and we're looking forward to our
global customer base being able to trade the FEX suite of environmental,
commodity and energy derivatives products from day 1.”
Orc‘s trading and electronic execution solutions provide clients with
the functionality, performance and reach needed in an increasingly
competitive environment to scale their business into new markets via
their own memberships or through a broker’s infrastructure.
About FEX Global
FEX Global has been granted an Australian Market License by the Minister
under s795B of the Corporations Act (the Act), enabling it to offer
energy, commodity and environmental derivative products.
FEX Global seeks to serve the risk management and trading needs of
global customers, with particular emphasis on participants based in the
Asia-Pacific region. FEX Global will provide and operate a broad range
of energy, commodity and environmental futures and options products.
About Orc
Orc is the global market leader in electronic trading technology for
listed derivatives. Successful trading desks of premier institutions
rely on Orc to stay ahead in increasingly dynamic and competitive
markets. We deliver unrivalled next-generation solutions for advanced
trading, market access and electronic execution to leading trading
firms, market makers, banks and brokers worldwide. With 200 customers in
more than 30 countries, access to over 150 trading venues and offices in
each of the world’s key financial centers, Orc offers true global
capabilities.
Orc is owned by Orc Group Holding AB which in turn is majority-owned by
Nordic Capital Fund VII.
www.orc-group.com
For further information, please contact:
FEX Global Contact
Peter Coyle, Head of Exchange Services, Tel: +61
2 8024 5200, email: p.coyle@fex.com.au
Orc Group Contact
Greg Chambers, President APAC Orc, Tel: +852 2167
1950, email: greg.chambers@orc-group.com
Peter McPhee, VP Sales APAC, Orc, Tel: + +61 2 9240 2400, email: peter.mcphee@orc-group.com
Agnes Wong, Senior Marketing Manager APAC, Orc, Tel: +852 2167 1986,
email: agnes.wong@orc-group.com
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