26 February 2018
visit www.nextgenbanking.co.uk/

UBS extends Orc infrastructure

16 January 2013  |  1092 views  |  0 Source: Orc

Orc, a leading provider of technology and services for the global financial industry, today announced that UBS Securities (UBS) has extended its usage of the Orc Access solutions to meet increasing global demand for high-performance and robust access on APAC exchanges.

Since 2007, UBS has facilitated its customer's DMA requirements in Asia via Orc Trading solutions and recently renewed and extended the scope of its existing Orc infrastructure to provide a comprehensive execution service across Asia via both low-latency native and FIX DMA access.

In addition to offering local trading firms sponsored access to Asian markets, UBS clients can now take advantage of Orc's low-latency infrastructure to trade on CME and Eurex via APAC hubs. This extended offering means Orc users in Asia will be able to trade exchanges natively in US and Europe without the need for exchange memberships.

"Orc is committed to evolving its trading and market access technology. Our sophisticated and powerful trading and connectivity solutions coupled with the market coverage and multi-asset execution expertise of UBS makes this a compelling offering to the trading community," said Peter McPhee, Vice President, Sales APAC, Orc.

"Via UBS Quant HQ our clients can now not only access key APAC exchanges but also expand their reach to the CME and Eurex," added Mr. McPhee.

"UBS is committed to providing client solutions in the APAC region. As the Quant HQ business grows, these platforms allow us to meet client demands across a variety of markets and asset classes," said Steve Hammerton, Head of Quant HQ APAC, UBS.

The Orc Access solutions allow brokers to offer buy-side firms access to liquidity pools including exchanges and ECNs, without the need for exchange membership. Connecting to the Orc ExNet Private IP (PIP) Network gives trading firms the ability to send and receive orders from more than 150 Orc sites.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.ebaday.comVisit http://info.nice.comRegister for the webinar

Top topics

Most viewed Most shared
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
12754 views comments | 16 tweets | 10 linkedin
hands typing furiouslySome Interesting Applications Of The Inter...
10893 views 4 | 9 tweets | 1 linkedin
Basel Committee outlines disruptive fintech scenariosBasel Committee outlines disruptive fintec...
9440 views comments | 15 tweets | 27 linkedin
Investment Association sets up fintech accelerator for asset managersInvestment Association sets up fintech acc...
8808 views comments | 19 tweets | 10 linkedin
R3 creates Legal Centre of Excellence for blockchain technolgyR3 creates Legal Centre of Excellence for...
8715 views comments | 11 tweets | 14 linkedin

Featured job

Competitive base + commission + benefits
London, UK

Find your next job