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Divideon licenses Orc trading technology

29 January 2008  |  1542 views  |  0 Source: Orc Software

Orc Software (SSE: ORC), the leading global provider of technology for advanced derivatives trading and connectivity solutions, today announced Stockholm based trading firm DIVIDEON has integrated Orc technology, including Orc Trader and market connectivity, for its trading business.

DIVIDEON is utilizing Orc Software's non membership market connectivity to trade equities listed on leading European exchanges through their DMA vendor.

Fredrik Loodh, Partner at Divideon, says "Orc Software has always been at the market forefront leading the development of advanced trading technology for the global financial industry. Selecting Orc was based on DIVIDEON requiring rapid deployment of a proven and stable technology developed to enable our complex need for high performance trading and market connectivity. "

Peter Bäck, Orc Software's Sales Director for the Nordic region, says "We are pleased to be working with DIVIDEON to deliver technologies that will meet their complex and sophisticated trading requirements."

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