Orc launches Linux-based connection to Italian derivatives market
Monday, March 26 2007 @ 02:16 PM EST Contributed by: sde
Orc Software (SSE: ORC), the leading global provider of technology for advanced trading, market making and brokerage, today announced the release of its Linux-based market connection to the Italian Derivatives Market (IDeM); its second generation development to the existing Orc Solaris-based IDeM market connection.
Orc's testing of its Linux IDeM market connection with Borsa Italiana has been completed, making it the first ISV to provide market connectivity based on Linux in Italy. Orc will continue to support both its Solaris and Linux market connections.
Orc launches Linux-based connection to Italian derivatives market
Orc Software (SSE: ORC), the leading global provider of technology for advanced trading, market making and brokerage, today announced the release of its Linux-based market connection to the Italian Derivatives Market (IDeM); its second generation development to the existing Orc Solaris-based IDeM market connection.
Orc's testing of its Linux IDeM market connection with Borsa Italiana has been completed, making it the first ISV to provide market connectivity based on Linux in Italy. Orc will continue to support both its Solaris and Linux market connections.
"Orc Software continues to anticipate and deliver leading technology requirements for the global financial industry," says Matteo Carcano, President Western Europe for Orc Software. "Orc's latest Linux-based market connection for IDeM adds extra trading performance whilst reducing latency. Algorithmic traders looking for latest performance enhancing development will welcome today's news."
