Orc Liquidator is a black box trading system that allows the deployment of custom trading strategies. Among the custom strategies commonly deployed on Liquidator are options market making, cross market futures spreads, pairs trading, volatility trades, currency cash and futures arbitrage, and local exchange vs. ADR. Orc Liquidator, which is available as either a deployed or hosted solution, has connectivity to over 100 exchanges worldwide.

Steve Crutchfield, director of operations for Matlock Capital, said: We required a robust solution for market making that integrated well with our internal systems. In addition, we needed a solution which provided extremely low latency, support for penny-priced stocks, and strong connections to the CBOE. Orc delivered the best solution to meet our needs.

Jesper Alfredsson, head of algorithmic trading for Orc Software, said: We are delighted that Matlock Capital chose Orc Liquidator for its strength in market making capabilities. More and more firms are realizing the power of using Orc Liquidator, and we are seeing tremendous growth in demand for our solutions.