âOrc technology will enable Banca Akros to meet increasing demand for trading on the new energy derivatives market,â says Laura Bisconcin, Head of IDEX Brokerage at Banca Akros. âSmall and middle-size firms willing to trade or hedge in the energy market will be able to access IDEX through Banca Akros. In fact, the solutions provided by Orc will allow us to offer trading and clearing services to all our customers, including those whose small volumes will not justify the fixed costs for market membership.â
âThe energy derivatives market represents an important liquidity pool for financial investors and a real revolution for the whole Italian economic and industrial system,â comments Matteo Carcano, President of Orc Software Western Europe. âWe are honored to cooperate with Banca Akros at the time of the new IDEX market launch in Italy and to face this market challenge together.â
Orc Connect is the global financial industryâs leading connectivity solution. Orc Connect provides traders and brokers with fast, reliable access to liquidity pools, both for market members and non-members, in the critical areas of execution, market data and reference data.
Orcâs customers include leading worldwide banks, trading and market-making firms, exchanges, brokerage houses, institutional investors and hedge funds.