Press release published at The Swedish Wire
The partnership is designed to leverage Orc's expertise in the electronic options markets with Blue Trading System's experience in floor markets. The combined solution uses Orc's APIs to integrate BlueTrade's tablet system with Orc's electronic options platform. This enables floor traders and electronic market makers to increase their market opportunities in hybrid markets by granting access to the same option prices, models and analytics.
The tablet synchronizes with Orc, displaying theoretical values, risk parameters and real-time market data. It's dynamic spread window can analyze a spread with an unlimited number of legs.
"We are excited to partner with Blue Trading Systems and offer a solution that provides optimal performance for electronic market makers and the specific functionality and screen set up that floor traders require" said Peter Huff, Sales Director at Orc.
"TradePad integrated with Orc, enriches the trading experience for all types of traders," said Kevin Darby, Blue Trading Systems. "Our first client loves the speed and functionality."
About Blue Trading Systems
Blue Trading Systems was spunoff from Blue Capital Group in June 2011 when Blue Capital's core technology group, a seasoned team of technology and finance professionals, set out to bring sophisticated options traders the battle tested trading technology that powered Blue Capital's trading operations for over a decade of profitable trading.
Orc is a leading provider of technology and services for the global financial industry. Orc delivers trading and market access solutions that are used by proprietary trading and market making firms, investment banks, hedge funds and brokerage houses worldwide.
Orc develops and provides the tools needed for running a profitable trading and brokerage business in today's competitive and ever-changing markets.
With market presence in all major global financial centers, Orc provides sales and support services from its offices across the EMEA, Americas and Asia-Pacific regions.
Orc is owned by Nordic Capital Fund VII.
For further information, please contact:
Marty Leamy, President Americas, Orc, Tel. +312 541 4500
Jessica Titlebaum, Marketing Director, Orc, Tel. + 312 541 4181
This information was distributed by Cision