This arrangement will enable clients to hedge currency transactions and implement algorithmic trading strategies across asset classes on multiple global markets.
Orc Software’s native direct market access platform, the Orc System, links to FXall and Hotspot FXi via the Financial Information eXchange (FIX) protocol, providing clients with both order entry capabilities and real-time market data.
With access to the major venues for FX securities, Orc Software now offers execution for spot FX, options, futures, forwards and swaps, all on one application. Orc Software’s recently acquired FIX solutions firm Cameron Systems provides the FIX connectivity services using the ‘CameronFIX Platform’ for FXall’s ‘QuickFill’ and ‘QuickTrade’ products.
Peter Sibirzeff, managing director of Orc Software US, commented: Through a single montage, our clients can price and execute listed and over-the-counter spot FX, and futures and options contracts, traded on multiple markets throughout the US.
