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Prime International Trading Deploys Orc Liquidator for Algorithmic Futures Trading

Orc Software (SSE: ORC), the leading global provider of technology for advanced derivatives trading and connectivity, today announced Prime International Trading, a Chicago-based trading firm, has deployed Orc Software’s Liquidator for its algorithmic futures spreading solution on CME and NYMEX.

“Futures spreading is a critical part of our business and we are delighted with our decision to use Orc Liquidator to deploy our algorithmic futures spreading strategies,” notes Steve Crowley, Head of IT for Prime International Trading. “Our requirements for extremely low latency, flexibility to design our own algorithms to allow for fully automated trading, and the scalability of Liquidator to support many more products than our previous solution were key to our decision in choosing Orc Software.”

“Prime International Trading’s decision to use Orc Liquidator for automated futures spreading is a strong testament to the speed and flexibility of our algorithmic trading solutions,” said Steve Lukes, VP of Sales for Orc Software. “Our customers demand low latency and fast time-to-market. Orc Software is able to deliver on those demands, and Prime International Trading’s selection of Orc Liquidator is an excellent example of this.