Algorithmic Trading news articles - Orc provides connectivity solutions for new DIFX trading platform
- Automated Trading News
- Algorithmic Trading News
- Data News
- Direct Market Access News
- Smart Order Routing News
- Electronic Crossing Network News
- Dark Pools News
- Quant News
- Exchange News
- Algo Appointments News
- Back Office News
- Event Processing News
- HPC News
- MTF News
- Complex Event Processing News
- EMS News
- Colocation News
- OMS News
-
-
-
http://www.autobahn.db.comYou need to upgrade your Flash Player
-
News Sections
- REGISTER Partial Site Access - Digital Editions - News Feeds
- SUBSCRIBE Full Site Access - Printed Magazine - PDF/Digital Edtions
September 8th, 2008: Orc Software (SSE: ORC), has announced an updated market gateway to the Dubai International Financial Exchange (DIFX) and its new OMX X-Stream trading platform. Orc Software is one of the first certified vendors for the new DIFX platform.
Orc provides connectivity solutions for new DIFX trading platform
Since the DIFX went operational 2005, the exchange has experienced explosive growth. The DIFX currently lists shares, structured products, Sukuk (Islamic) and conventional bonds. The exchange plans to introduce new asset classes shortly, such as equity derivatives, as well as increase listings in its existing equities trading.
Orc provides advanced trading solutions and liquidity access to our members, while the exchange also relies on Orcs CameronFIX solution as a part of our new trading platform, said Dean Noble, Vice President, Head of Market Operations DIFX. The high performance and proven reliability offered by Orc makes their new market gateway an ideal choice for DIFX trading members and market data providers, as they prepare for the next-generation X-Stream trading platform.
Orc Liquidity Access provides traders with the complete solution for fast, reliable access to derivatives and cash markets globally. Orc Liquidity access provides access to 100+ low latency markets via membership, and enables exchange non-members to reliably connect to 90+ markets worldwide.
The DIFX is at the center of a booming financial market, and their demand as well as support for Orc technologies is a milestone for our efforts to advance Orcs business in the Middle East region, said Anders Henriksson, President Benelux, Central and Eastern Europe, and the Middle East, Orc Software. As the DIFX develops and expands into advanced derivatives trading, their members and clients will increasingly rely on high-performance connectivity, which Orc will be ready to provide and support locally.
click here to return to the top of the page
