Orc Group AB (OTCMKTS:ORCYY), an international provider of trading technology for listed derivatives, today announced certified connectivity to Borsa İstanbul.
The new high-speed interface enables quoting and trading on Borsa İstanbul for all Orc clients using the Execution Bricks or the Orc Trading Bricks platforms.
“Turkey is becoming an increasingly attractive market, with a steady rise in trading activity and demand from the region,” said Jonas Hansbo, Chief Strategy Officer, Orc Group.
“We are delighted to offer all Orc clients high-performance connectivity to Borsa İstanbul and to have our first Turkish users of Orc’s next-generation trading platform active on Borsa İstanbul.”
Orc’s Execution Bricks platform offers access to more than 150 exchanges, brokers and alternative liquidity pools, along with with the execution tools needed to manage, control and execute high volume, latency sensitive customer order flow. By consolidating market access to Orc, clients gain access to global markets efficiently while extending the reach of their trading infrastructure.
“We are pleased to see Orc, a distinguished software vendor offering enhanced connectivity to Borsa İstanbul,” said Muammer Çakır, Head of Derivatives Market-VIOP, Borsa İstanbul. “Orc is highly regarded for their sophisticated trading and electronic execution solutions, and we strongly believe that their development efforts help make Borsa İstanbul an even more attractive trading venue.”
To view the official press release, click here.