Orc Group has launched Orc Market Maker for EMEA, a high-performance solution designed to address the most pressing challenges faced by market makers in today’s competitive markets.
Developed and proven on some of the most demanding instruments listed on EUREX, Orc Market Maker provides advanced market leading technology off -the-shelf at a fraction of the typical cost.
Orc Market Maker features a server based quoting engine and the ability to connect to multiple markets from a single screen. With support for options, warrants, and structured products, Orc Market Maker can be utilised across desks. Furthermore, customers have the choice to buy Orc Market Maker as a managed service, thus enabling co-located, low-latency, scalable market making across multiple markets and asset classes with low cost of ownership.
Features also include sophisticated volatility management, robust and accurate volatility and pricing models, and rich APIs for integration of custom volatility and pricing models. With focus on increasing trading efficiency, Orc Market Maker also features automated hedge management, market taking and quote responding.
"We have developed Orc Market Maker to address the present and future challenges of leading market makers, including their needs for low-latency quoting and access to multiple markets worldwide," says Jesper Alfredsson, Vice President Product Management, Orc. "Orc Market Maker also offers great flexibility to suit a wide array of users; it is delivered as an out-of-the-box application, while still offering extensive support for developing proprietary models."
Orc Market Maker is currently also available for North American markets, and will be introduced in APAC during the second half of 2011.