Orc provides connectivity to the Singapore Exchange securities platform further extending its reach in Asia
Hong Kong, Sydney and Tokyo - Orc Software (SSE: ORC), the leading global provider of technology for advanced trading and connectivity solutions, today announced the availability of its new interface to the Singapore Exchange (SGX) securities platform, SGX-ST. Orc’s new gateway completes the SGX offering, enabling its customers to now trade all listed products across both the exchange’s securities and derivatives platforms.
”The addition of the SGX cash interface demonstrates our continued commitment to providing access to quality execution venues in the region. The ability to trade equities, ETF’s and warrants amongst other listed products on the SGX is a great complement to our existing gateway to the exchange’s derivatives platform,” said Greg Chambers, President, Orc Software, Asia Pacific.
”We are pleased to work with established vendors such as Orc, which we see as being strategic in facilitating the advanced trading needs of our members and their clients. Orc’s new securities trading connection at SGX clearly demonstrates Orc’s commitment to our market, and advances its position as a leading electronic trading technology provider,” said Rick Aston, Senior Vice President and Head, Institutions at Singapore Exchange Limited. For more information on the SGX Securities market, please refer to the latest SGX Securities Update in attached pdf.
Orc Trading is used by leading financial firms around the world for enhanced trading for electronically traded derivatives. It encompasses both screen-based trading and algorithmic trading for firms to trade any listed instrument, across all asset classes, on 100+ markets.
Orc Trading provides the competitive edge to trade from a single platform capable of running thousands of complex trading strategies simultaneously. Orc Trading is used by financial firms worldwide for enhanced trading, pricing and risk management on electronically traded instruments.
Orc Connect is the global financial industry’s leading connectivity solution. Orc Connect provides traders and brokers with fast, reliable access to liquidity pools, both for market members and non-members, in the critical areas of execution, market data and reference data.
Orc Software is next exhibiting in FIA Asia Derivatives Conference 2009, Singapore on 2-4 December.
About Singapore Exchange
Singapore Exchange (SGX) was inaugurated on 1 December 1999, following the merger of two established and well-respected financial institutions - the Stock Exchange of Singapore (SES) and the Singapore International Monetary Exchange (SIMEX). SGX is Asia-Pacific’s first demutualised and integrated securities and derivatives exchange and is listed on its own bourse. The exchange’s stock is a component of benchmark indices such as the MSCI Singapore’s Free Index and the Straits Times Index (STI).
SGX aims to offer a highly trusted, comprehensive and efficient securities and derivatives marketplace for raising capital, risk transfer, trading, clearing and settlement. SGX facilitates the trading and clearing of commodity futures and over-the-counter (OTC) derivatives such as forward freight agreements and oil swaps. Through strategic alliances and partnerships with other exchanges around the world, SGX is firmly positioned as an Asian Gateway.
For more information, please visit SGX website: www.sgx.com
About Orc Software
Orc Software (SSE: ORC) is the leading global provider of powerful solutions for the worldwide financial industry in the critical areas of advanced trading and low latency connectivity. Orc’s competitive edge lies in its depth of knowledge of the trading world gained by deploying advanced solutions for sophisticated traders for over 20 years.
Orc Trading and Orc Connect provide the tools for making the best trading and connectivity decisions with strong analytics, unmatched market access, powerful automated trading functionality, high performance futures and options trading capabilities, ultra-low latency and risk management.
Orc’s customers include leading banks, trading and market-making firms, exchanges, brokerage houses, institutional investors and hedge funds.
Orc provides sales and quality support services from its offices across EMEA, Americas and Asia Pacific.
www.orcsoftware.com
WebWireID108828
This news content was configured by WebWire editorial staff. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.