Orc opens access to ABN Amro US execution services

Source: Orc

Orc, a leading provider of technology and services for the global financial industry, announced today that it has enhanced its connectivity offering by providing access to the US execution services of ABN AMRO Clearing (AAC).

Connecting to AAC's infrastructure will provide traders with high-performance access to the US equity and derivatives markets.

Clearing and execution clients of AAC will be able to leverage Orc's trading solutions to trade US markets including CME, CBOE, NASDAQ, NYSE, ISE, BATS, among others. AAC offers connectivity to over 45 markets around the world and Orc already offers connectivity to AAC in Asia and Europe through connections in Singapore and London. The additional U.S. connection will expand low latency opportunities and enable traders to explore various markets.

Marty Leamy, President, Americas at Orc, comments, "We are happy to see the Orc broker network grow with the addition of ABN AMRO Clearing here in the US. Fast and efficient execution service is important for our clients, and we're happy to be able to offer them this through ABN AMRO Clearing."

Reece Effeny, Director, Market Access Americas at ABN AMRO Clearing, commented, "We have created a state of the art multi exchange gateway with the aim of attracting both regional and international clients. This innovative low latency, fully risk managed service drives our Market Access offering from strength to strength. We are committed in providing our clients with first-rate connectivity solutions that in return delivers a cost-effective and highly reliable global reach. We are excited to offer this service along with Orc's solution to our clients."

The Orc Trading solutions are used by leading financial firms worldwide for market making, volatility trading and high frequency trading. Together with access to the major cash and derivatives markets and a network of brokers, this is truly an unmatched offering.

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