Trading technology provider Orc Software has achieved record revenue growth in North America, thanks to significantly greater demand for the company’s advanced futures and options trading applications, and its CameronFIX connectivity products.
Due to increased product adoption by leading sell-side and hedge fund institutions, Orc’s latest Q1 interim results demonstrate that the company’s revenues are up 70% in the North American region.
Orc Liquidator has seen the largest increase in sales in the last 12 months, as algorithmic trading in futures and options rapidly increases. Orc Liquidator is an event-driven/black box trading system that allows the rapid deployment of custom trading strategies at a processing speed of up to 20,000 orders per second, with sub- millisecond latency.
Orc Software has over 200 customers in North America, connectivity to all major US futures and options markets, a suite of advanced click and algorithmic trading applications that are ideally suited for the complex nature of the North American market, and the CameronFIX set of products, stated Martin Koopman, president of Orc Software North America. We have a strong team in our three offices in Chicago, New York and Toronto and are well positioned for rapid growth this year and beyond.