 |
 |
 |
 |
Greetings,
In this quarter, we highlight several new and existing customers of Orc. Öhman Capital, Renell, Arqaam Capital, and Theoria Capital Management all announced either new or expansion of their business with us. We’re happy to have them all as Orc customers!
We would also like to note that Orc Group is now owned by Nordic Capital, a Swedish private-equity firm. To learn more about Nordic Capital, visit www.nordiccapital.com.
Warmest regards,
The Orc Team |
 |
|
|
Orc Feature of the Quarter:
Orc Trading Workflow Tools
To make your daily activities more efficient, you should ensure you are taking advantage of an array of existing and new Trading Window tools for workflow optimization:
- Contract Activity Filters
- Monitor Columns
- Manual Contract Filtering
- Improved Unknown Combination Descriptions
- Combination Component Expansion
- Improved Combination Type Filters
- Combination Type-Expiry Sorting
Learn more>>
|
|
Customer news |
|
Orc clients enjoy success with Orc Market Maker for CME Group Markets
Mark Harmon, Trader at Sallerson-Troob, comments, “Orc Market Maker has been successful for me when trading equity indices on CME. These instruments are highly liquid, and Orc Market Maker and their CME Group gateway offer outstanding performance. In addition to speed, Orc Market Maker offers excellent functionality to allow me to price and respond to options spreads – all the things I need to win trades on this market.”
Read more>> |
| |
 |
|
|
Öhman Capital secures its competitive position by selecting Orc as trading technology provider
Öhman Capital, a Stockholm-based investment and trading firm, has chosen Orc as its preferred trading technology supplier. Öhman Capital will use Orc Trading to support its market making and high frequency trading operations. The solution includes Orc Trader and Orc Liquidator products together with market access to Nasdaq OMX, Burgundy and Nordic Growth Market (NGM).
Read more >>. |
| |
|
|
|
Renell selects Orc Trading solution for Euronext trading
“Looking to widen the reach of our activities into new geographical areas, we were impressed by the support Orc provided and the competence demonstrated during a business-sensitive phase,” said Mr. Marc Renell, Managing Director, Renell Wertpapierhandelsbank.
Read more >>. |
| |
|
|
|
Arqaam Capital extends use of Orc Trading solution
Arqaam Capital, the Dubai-based emerging markets investment bank, will extend its use of Orc Trader to support their cash equity trading on the three stock exchanges in the UAE, Abu Dhabi Securities Exchange (ADX), Dubai Financial Market (DFM) and NASDAQ Dubai (DIFX).
Read more >>. |
| |
|
|
|
Theoria Capital Management extends use of Orc for high-frequency trading on Asian markets
“Over the years, Orc’s solutions have proven to be an essential component of our trading business, and we are happy to add Orc Liquidator to further support our growing high-frequency trading need in Asia,” says Minoru Umezaki, President, Theoria Capital.
Read more >>. |
|
|
|
|
|
Company news |
|
Orc, Neonet and CameronTec to be operated as separate companies
Orc Group will separate its businesses to enable the three operating companies to better focus on their respective product and customer niches. Orc, Neonet and CameronTec will continue its operations as before.
Read more>> |
| |
|
|
|
Orc names Siag Consulting as service partner
Siag Consulting International, a major consulting and systems implementation specialist based in Madrid, has joined the Orc Vantage partner program as an independent service partner, providing consultancy to Orc customers and supporting key markets for Orc’s successful trading technology.
Read more>> |
|
| |
 |
|
Technical corner |
|
|
| |
....................................................................................................................................................
|
|
| |
INTRODUCING ORC SERVER-SIDE LIMITS MANAGER
Orc announces the availability of a new graphical administration tool: Orc Server-Side Limits Manager.
The application is targeted to business users and provides a guided interface for the configuration of Server-Side Limits, which constitute the last barrier for preventing unwanted orders that have passed client-side market limits from reaching the exchange.
OSSLM is immediately available for customers from the Downloads area of the Orc Portal. Pertinent documentation can be found in the Technical Documentation area of the same website.
|
|
| |
...................................................................................................................................................
|
|
| |
END OF SUPPORT FOR SPARC SERVER HARDWARE
In order to focus resources and endeavors on testing and optimization of x86-64 hardware, which has become the de-facto standard in the industry, Orc has decided to discontinue support for Sparc server hardware. There are no changes to the supported server operating systems, which remain Linux and Solaris but in exclusive combination with x86-64 hardware.
The end-of-support process will be gradual and is implemented in three distinct phases, the first of which started in January:
- Phase 1 - Immediate (January 24, 2012): No newly introduced market gateway will be made available for Solaris/Sparc.
- Phase 2 - After 12 months (January 24, 2013): Orc will stop the automated build and distribution of Solaris/Sparc binaries, which will be made exclusively available on demand.
- Phase 3 - After 18 months (July 24, 2013): Orc will completely stop delivering and supporting Solaris/Sparc binaries.
Those market gateways that cannot be built for Solaris/x86-64 will continue to be available for Solaris/Sparc until their end-of-life. It is immediately possible to migrate most parts of any installation to either Solaris/x86-64 or Linux/x86-64.
This announcement is published in a Client Advisory which explains the rationale for this decision, follows Orc's End of Life policy and illustrates all the details about the sunset phase.
|
|
| |
....................................................................................................................................................
|
|
| |
|
|
| |
|
|
|
|
Orc’s Latest Financial Results |
|
Q4 2011 - CEO Thomas Bill comments, “The technology operations – Orc and CameronTec – weathered the ongoing turbulence in the global financial markets comparatively well during 2011 and both business areas have expanded their market shares. The combination of our competitive solutions and strong market positions have enabled the technology business to fare relatively well when a number of banks and brokers experienced a continued sharp drop in revenue and were forced to downsize their operations.”
Read more>> |
|
|
| |
|
|
| |
|
|
|
|
|
|
 |
|
| |
 |
 |
Meet us at upcoming events |
|
9th Annual China Derivatives Summit
29 – 30 March, Beijing
Swiss market making & trading seminar: Orc, Eurex Exchange and PMHK Partners discuss and present how to stay competitive in today’s rapidly changing market
17 April, Zürich
German market making seminar: Orc, Eurex Exchange and Renell Bank on how to stay competitive in today’s ever-changing market
19 April, Frankfurt
Trade Tech Europe 2012
24 – 26 April, London
FIA New York Expo
17 May, New York
FIA/FOI International
Derivatives Expo
26 – 27 June, London
Open Day Deutsche Börse
IT Conference
6 September, Eschborn
Screen Event 2012
27 September, Amsterdam
|
 |
 |
|
View our webinars |
|
Orc Market Maker in the Americas
Orc Market Maker for EMEA
ICE Advanced Options
Trading Webinar
Introduction to basic risk management in Orc Trader with integration to the Algorithmica risk analysis tool
CME Energy Options Market Making Webinar
Equity Options Market Making Webinar
Orc Spreader Demonstration
More >>
|
|
 |
|
Read our articles |
|
How fast is fast enough?
The evolution of sponsored access
Statistical Arbitrage: Low-latency automation of complex trading strategies
Improving Trading Performance - Get the right information from your trading screen
Opportunities in Brazil - Taking Advantage of a Growing Market
More >>
|
| |
|
|
|
|
| |
|
|
|
