Orc Software has launched Orc Liquidator Hosted, an exchange co-located, fully hosted platform designed for quickly deploying custom algorithmic derivatives trading strategies with ultra-low latency.
Orc Liquidator Hosted is a trading platform targeted at proprietary trading desks at investment banks, trading firms and hedge funds. According to Orc, with Orc Liquidator Hosted firms can focus more on creating advanced futures and options trading strategies to deploy into the market in weeks, and less on managing technology.
The trading platform allows the rapid deployment of custom trading strategies at a processing speed of over 20,000 orders per second with sub-millisecond latency. It has connectivity to over 100 exchanges worldwide, including the Chicago Mercantile Exchange, Eurex and IntercontinentalExchange.
The monthly fee for Orc Liquidator Hosted includes a high-speed dedicated server, co-location at the exchange, Liquidator and market gateway software, network connectivity to each market, network connectivity to the customer over any telco, and full hosting services, including management and support.