"The cooperation with AtomPro strengthens our position in the Euronext area and with Orc Software's multi-market connectivity the AtomPro user can access all these markets using the expertise of AtomPro. Orc Software and AtomPro will together represent a tremendous knowledge base to further expand the know-how in advanced trading and especially the mathematical skills needed to trade in electronic markets", says Nils Nilsson, CEO of Orc Software.
"The co-operation with Orc Software enables AtomPro to continue to focus on the development of trading engines and applying new mathematical skills for trading. The multiple market connectivity of Orc Software enables us to widen our target markets and be operational on a global basis. Combining the best components of both companies enables us to serve our mutual clients better with high quality trading solutions and optimal usage of both companies’ expertise. This collaboration with Orc Software also enables our clients to use the Orc ExNet, offering direct access to exchanges without the need of exchange membership", says Ralph van Put, Chairman of AtomPro.
For more information:
Orc Software
Anders Fogel, Head of Corporate Affairs, +44 77 8691 6235
AtomPro
Nico van den Hijligenberg, CEO, +31 20 5 510 500
About Orc Software
Orc Software provides technology for advanced market making, trading and brokerage. The Orc Technology is used in 20 countries and allows users to access more than 80 markets. The company is listed at Stockholmsbörsen and has operations in Chicago, Frankfurt, Hong Kong, London, Milan, Moscow, New York, Stockholm, St Petersburg, Sydney, Tokyo, Toronto, Vienna and Zurich. In 2003, the company's total revenue amounted to SEK 249 million with an operating income of SEK 74 million.
About AtomPro
AtomPro creates powerful decision support tools for professional traders by combining mathematical know-how, business knowledge and market experience. Close contact with the diversified client base of market makers and risk managers within clearing firms combined with in-house knowledge of derivatives and cash markets provide the valuable inputs for the AtomPro product line, which currently constitutes trading and risk management systems with connectivity to the main European electronic exchanges as well as financial libraries. www.atompro.com