Orc


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Orc

monstrous sea creature; devours human beings. [Ital. Lit.: Orlando Furioso]
References in periodicals archive ?
These new capabilities will be integrated into in a fully hosted and managed solution, Orc Analyst.
Torben Munch, CEO Orc Group said: We are very excited to announce Cidron Delfi Intressenter Holding ABA[sup.
Orc Hosted, which marks Orc's entry into the managed services area, is a fully managed trading service with connectivity to major cash and derivatives exchanges, MTFs and brokers.
Using Orc as a managed services supplier, clients benefit from our economies of scale and have 24/7 access to our expertise, which enables them to utilise their own internal resources for supporting their core business -- trading," said Joacim Wiklander, chief strategy officer, Orc Software.
The interface, initially developed for International Algorithmic Trading (IAT) GmbH, a joint customer of Orc and E2E, is a standard re-usable Financial Information eXchange-based link for use with Orc solutions.
With market presence in all major global financial centers, Orc provides sales and support services from its offices across EMEA, the Americas and the Asia-Pacific regions.
Under this contract, financial details of which were not available, Erste Group's Equity Capital Markets team will migrate to Orc's Electronic Execution platform, including the Orc FIX Access connectivity product.
For arbitrage and spread traders, profitable opportunities are becoming increasingly difficult to reach and take advantage of," said Greg Chambers, president, Asia Pacific at Orc Software.
The value of the deal was not disclosed but Orc Software said the contract was based on its licensing subscription model.
Orc customers gain a competitive edge using Orc Trader, a multi-asset class trading application for its sophisticated analytical capabilities, risk management services and efficient execution techniques.
The company said that the connectivity provided through the Gateway Development Kit is integrated with the Orc Trading products.
This extended offering means Orc users in Asia will be able to trade exchanges natively in US and Europe without the need for exchange memberships.