CHICAGO, September 1, 2015 /PRNewswire/ --
Orc, the global market leader in electronic trading technology for listed derivatives, today announced that Avery Trading has chosen Orc Tbricks for spread trading on CME Globex.
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Orc Tbricks is a next-generation trading solution, fusing innovative functionality with a flexible, high-performance core system. It is designed for today's trading reality with scalable infrastructure and blazingly fast abilities. Managing operations across multiple markets, Orc clients will have the ability to fully customize the platform to meet the needs of individual users, such as in Avery Trading's case for spread trading.
"Orc has a strong reputation for providing unparalleled trading and execution resources," said Brian Avery of Avery Trading. "Their new platform is fast, flexible and reliable."
Leveraging Speedcore technology, Orc Tbricks gives clients full control over service deployment while ensuring superior performance. Avery Trading will use these capabilities to analyze and refine spreader performance with advanced data visualizations, also employing Orc's innovative spreader functionality including fill estimation, masking and priority preservation to maximize returns.
"We are very happy to provide Avery Trading with the Orc TBricks platform," said Oscar Jönsson, Vice President Sales, Americas, Orc. "Orc TBricks helps sophisticated spread traders achieve enhanced competitiveness in a challenging market. The architecture is fully server-based and scalable to any number of co-located markets and we look forward to seeing what Avery Trading will achieve using Orc Tbricks."
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.
For further information, please contact:
Jesper Alfredsson, President Americas Orc, Tel: +1-312-541-4500, email: jesper.alfredsson@orc-group.com
Jessica Titlebaum, Marketing Director, Americas, Orc, Tel: +1-312-541-4181, email: jessica.titlebaum@orc-group.com
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