Orc Software releases Market Connectivity to the HedgeStreet Exchange

New York – 26 April 2007

Latest Orc DMA development enables binary trading of event derivative contracts for Sell Side institutions and Hedge Funds

Orc Software (SSE: ORC), the leading global provider of technology for advanced trading, market making and brokerage, today announced the release of its latest market connection, providing direct access to the HedgeStreet Exchange. Users of Orc Trader and Orc Liquidator can now access the HedgeStreet Exchange via Orc’s global connectivity network.

“Native connectivity to HedgeStreet is a further enabler for improving order flow while reducing trading costs,” said Stephen Race, CEO of the HedgeStreet Exchange. “Orc’s proven global market connections provide the simplified and stable trading infrastructure so customers can better navigate increasingly complex market dynamics.”

“We are pleased to offer our customers connectivity to the HedgeStreet Exchange to further expand their market making capabilities, across multiple markets and asset classes,” said Martin Koopman, North American President for Orc Software. “Orc’s growing number of market connections further strengthens our market leading position for providing unmatched connectivity and global trading network depth.”

Regulated by the Commodity Futures Trading Commission (CFTC), the HedgeStreet Exchange offers online trading of $100 binary options in a variety of financial, commodities and economic events markets.

Orc Liquidator enables firms to capture latest market opportunities by taking advantage of its high performance capabilities for adapting strategies on-the-fly in response to changing market conditions. The reliable and stable Orc Trader meets demanding market requirements for handling large trading volumes on multiple markets and risk management.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development