
Orient Securities selects Orc for options market making in China
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information on Premium features.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us to discuss a subscription.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
You can activate this feature with a VendorMatch Premium subscription. Please click here for more information on Premium features or contact us to discuss a subscription.
To learn more about subscribing to our service options, please contact us here
Shanghai, Hong Kong, Sydney and Japan – Wednesday, July 8, 2015 – Orc, the global market leader in electronic trading technology for listed derivatives, today announced that Orient Securities Co. Ltd. (Orient Securities), one of the largest securities firms in China, has selected Orc’s Trading Bricks platform for their options market making operations on Shanghai Stock Exchange (SSE). With the signed agreement, Orc and Orient Securities will be able to take advantage of the opportunity in China’s financial market development.
The implemented solution will support Orient Securities’ expanding market making operations in China. The firm intends to engage across multiple markets as new products launch. The market making tools provided as part of Orc’s Trading Bricks platform leverages 25 years of experience in building and deploying leading-edge market making technology, empowering Orient Securities with robust technology that provides both high performance and unprecedented control.
“It is extremely important for us to expand our options market making business, and we have strong confidence in Orc’s Asia leading position and solid experience in the options market making space,” said Al Ling, General Manager of the Financial Derivatives Business Headquarter, Orient Securities. “We are impressed by the functionality and scalability of Orc’s market making system. By deploying Orc’s system, we expect to enhance our trade efficiency on options market making.”
Orc’s Trading Bricks platform has been designed from the ground up to be fast and flexible. The turnkey market making solution addresses the present and future challenges of making markets in listed derivatives. It features an ultra-low latency, server based trading engine for advanced quoting and hedging, and superior trading performance. Firms can manage low-latency quoting strategies across multiple markets from a single interface.
“We are really pleased to provide Orient Securities with our high performance trading system, which can further accelerate their options market making operation,” said Dennis Chen, VP Sales APAC, Orc Group. “Orient Securities’ choice is a great testimony of Orc as a leading advanced trading solution provider in China, and we look forward to establishing a long-term partnership with Orient Securities.”
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.
www.orc-group.com