Compelo Banking is using cookies

We use them to give you the best experience. If you continue using our website, we'll assume that you are happy to receive all cookies on this website.

ContinueLearn More
Close
Dismiss

Caerus Trading Selects ORC Software To Expand Market Making Operations

Caerus Trading, an Amsterdam-based market making firm, has selected Sweden-based ORC Software's Orc Trading solution to support its market making operations, primarily focused on listed equity and index options trading.

The order was booked in fourth quarter of 2009, and the contract is based on Orc’s licensing subscription model. According to ORC Software, by including trading risk management functionality provided by it, Caerus will be able to make full use of Orc Trading as a comprehensive market making solution.

Bas Walraven, partner at Caerus Trading, said: “When looking at the market making solutions available from software vendors, Orc proved to have the most flexible algorithmic trading engine, which also makes us very competitive in terms of latency when trading on opportunities or hedging options trades.”

Christopher Lederer, vice president of sales for Continental Europe at Orc Software, said: “We are very pleased to have Caerus as a customer, with their rich experience from the Amsterdam derivatives market. Caerus’ choice, which followed upon extensive evaluation, testifies to the strength of Orc’s market making offering.”