Orc (STO:ORC), the global market leader in electronic trading technology
for listed derivatives, was named “Prop Traders’ ISV of the Year” at the
FOW International Awards, presented by FOW yesterday in London.
The FOW International Awards recognize the most innovative companies
from across the global derivatives markets. “Prop Traders’ ISV of the
Year” is based on a survey of over 80 board level executives at
proprietary trading businesses in Europe, Asia and the US. It is awarded
to the preferred software vendor specifically named by the respondent
community, without prior nomination or multiple choice selection.
“We are honored and humbled by this recognition, as prop traders are
particularly demanding users whose opinions carry a lot of weight, for
Orc’s strategic direction as well as for inspiring our services and
development teams,” said Jonas Hansbo, Chief Strategy Officer, Orc
Group. “We see the prop trading community’s choice as a litmus test of
Orc’s competitive advantage, and it encourages us to keep listening to
their needs and to stay true to Orc’s commitment to game-changing
innovation.”
Orc's next-generation Trading Bricks platform was engineered from the
ground for today’s trading reality: built to be easily customized,
scalable, co-located and blazingly fast. With an app-based, modular
architecture, Trading Bricks provides an easily extendable and fully
customizable trading platform which is inherently low latency.
”While Orc has a well-established brand in the futures and options
space, the company has taken great strides forward the past year,
following its merger with Tbricks,” said William Mitting, publisher of
FOW. “The Prop Traders’ award suggests that Orc has managed to combine a
loyal, satisfied user community with the forward-looking initiatives
which firms expect from their trading technology suppliers.”
Orc recently announced an expansion and update of its offering to
address new regulatory requirements arising from the revised European
MiFID II Directive, which is expected to have major implications for
market participants: trading venues, investment firms and their clients.
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 unrivaled 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.
In October 2015, Orc joined forces with CameronTec, the global standard
in financial messaging infrastructure, to create the most powerful
trading and connectivity technology offering for capital markets.
Orc is owned by Orc Group Holding AB which in turn is majority-owned by
Nordic Capital Fund VII.
www.orc-group.com
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