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Article: Orc Software: Bank of China International Selects Orc Algorithmic Trading to Spearhead Growth.
- Article from:
- Business Wire
- Article date:
- August 27, 2008
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Copyright informationCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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STOCKHOLM, Sweden -- Regulatory News:
Orc Software (STO:ORC), the leading global provider of technology for advanced derivatives trading and connectivity, today announced that BOC International Holding Limited (BOCI) has selected Orc Software's Algorithmic Trading solution for expanding its trading capabilities. The deal was booked Q2 2008.
BOCI is a wholly owned subsidiary of Bank of China Limited and has been an Orc customer since 2004. The additional function on Orc Algorithmic tool will enable BOCI to increase its market activities in warrants market-making and index options trading. Deploying Orc Algorithmic Trading will also enable BOCI to achieve its business ...
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