Orc DMA for Brokerage

Orc DMA for Brokerage enables sell-side firms to offer customers access to liquidity pools for trading directly on any market via membership. Sell-side firms can route customer order-flow, via a single platform, to derivatives and cash markets globally.

Orc DMA for Brokerage PDF

Execution and market data capabilities for routing customer orders to 100+ markets
Market data over FIX or FAST
Standardized FIX format (all versions)
Support for the ability to cancel customer orders
Support for pre and post-trade limit handling
Reference data management

Unmatched liquidity access and broker access to 100+ markets
Proven Orc CameronFIX and Orc CameronFAST technology
High performance technology - outperforms competitors in head-to-head challenges
Flexible - open architecture allows easy customization to clients’ business requirements
Reliable - deployed in major production sites worldwide
Scalable - scales easily to meet expanding business requirements
Quality support - responsive local technical and functional support worldwide
Reputation - 20+ years providing globally proven solutions for the worldwide financial industry

Orc Technology Tools

Orc Market Connections
Orc ExNet
Orc CameronFIX
Orc CameronFAST
User defined business processing tools

Which markets are you interested in?

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.

Europe, Middle East & Africa

	Broker Connection		Market Connection		Derivatives		Cash

	Equities	Fixed income	Commodities	Foreign exchange
Athens Derivatives Exchange (ADEX)
Athens Stock Exchange (ATHEX)
Bratislava Stock Exchange
Budapest Stock Exchange (BSE)
Chi-X
Citibank Automated Trading System (CATS)
Copenhagen Stock Exchange (CSE)
Cyprus Stock Exchange
Dubai International Financial Exchange (DIFX)
EBS
Eurex
Euronext
Euronext.liffe Amsterdam
Euronext.liffe Brussels
Euronext.liffe Lisbon
Euronext.liffe London
Euronext.liffe Paris
European Energy Exchange (EEX)
Euwax
Frankfurt Stock Exchange (FWB)
Helsinki Stock Exchange
Iceland Stock Exchange (ICEX)
Irish Stock Exchange (ISE)
Istanbul Stock Exchange (ISE)
Italian Derivatives Market (IDEM)
Italian Stock Exchange (MOT)
Italian Stock Exchange (MTA)
Italian Stock Exchange (SeDeX)
Johannesburg Stock Exchange (JSE)
Karachi Stock Exchange
Kazakhstan Stock Exchange
London Stock Exchange (DTS)
London Stock Exchange (RSP)
London Stock Exchange (SETS)
Luxembourg Stock Exchange (LuxX)
Madrid Stock Exchange (SIBE)
Mercado Espanol de Futuros u Opciones (MEFF)
Moscow Interbank Currency Exchange (MICEX)
Nordic Exchange, Copenhagen
Nordic Exchange, Iceland
Nordic Exchange, Helsinki
Nordic Exchange, Stockholm
Nordic Growth Market (NGM)
Nord Pool
OETOB
Oslo Stock Exchange
PFTS Ukraine Stock Exchange
Prague Stock Exchange
Quotrix
Riga Stock Exchange
RMX Hannover (WTB)
Russian Trading Systems (FORTS)
South African Futures Exchange (SAFEX)
Swiss Exchange
Tallinn Stock Exchange
Tel Aviv Stock Exchange
TLX
Ukrainian Stock Exchange
Vienna Warrants
Vilnius Stock Exchange
virt-x
Warsaw Stock Exchange
Xetra
Xetra Vienna

Asia Pacific

	Broker Connection		Market Connection		Derivatives		Cash

	Equities	Fixed income	Commodities	Foreign exchange
Australian Securities Exchange (ASX)
Hong Kong Futures Exchange (HKFE)
Korea Stock Exchange
Osaka Securities Exchange (OSE)
Singapore Exchange (SGX)
Sydney Futures Exchange (SFE)
Taiwan Futures Exchange (TAIFEX)
Taiwan Stock Exchange (TSEC)
The Stock Exchange of Hong Kong (SEHK)
Tokyo Commodity Exchange (TOCOM)
Tokyo Financial Exchange (TFX)
Tokyo Futures Exchange (TFE)
Tokyo Stock Exchange (TSE)

Americas

	Broker Connection		Market Connection		Derivatives		Cash

	Equities	Fixed income	Commodities	Foreign exchange
American Stock Exchange (AMEX)
Bloomberg Tradebook
Boston Options Exchange (BOX)
Brazilian Mercantile & Futures Exchange (BM&F)
BrokerTec
Buenos Aires Stock Exchange
CBOE Futures Exchange (CFE)
Chicago Board of Trade (CBOT)
Chicago Board Options Exchange (CBOE)
Chicago Mercantile Exchange (CME)
Colombia Stock Exchange
Eurex US
FXall
HedgeStreet
Hotspot FXi
Instinet
Intercontinental Exchange (ICE) (IPE)
International Securities Exchange (ISE)
ISE Stock Exchange
Kansas City Board of Trade (KCBOT)
Lima Stock Exchange
Mexican Derivatives Exchange (MexDer)
Mexican Stock Exchange
Minneapolis Grain Exchange (MGEX)
Montreal Exchange (MdM)
NASDAQ
New York Board of Trade (NYBOT)
New York Mercantile Exchange (NYMEX)
New York Stock Exchange (NYSE)
NYSE Arca Equities
NYSE Arca Options (PCX)
OneChicago
Philadelphia Stock Exchange (PHLX)
Pure Trading
Santiago Stock Exchange
Sao Paulo Stock Exchange
Toronto Stock Exchange (TSX)
TSX Venture Exchange
US Futures Exchange
Winnipeg Commodity Exchange (WCE)

Cases

Erik Penser Fondkommission
Challenge:

Erik Penser Fondkommission offers a wide selection of financial services to both the private and institutional investment community including Equity Brokerage, Equity Research, Asset Management and Structured Products. They were looking at:
- A complement to their existing offering of personal guidance, professional service and qualified research.
- A solution for enhanced trading, pricing and risk management on electronically traded derivatives.
- A solution that offered their institutional customers access to liquidity pools for trading directly on many markets.
- A solution for offering large scale program trading (Care orders).
- A front end solution that offers stability, flexibility and high performance capabilities for their customers.
- A trading system with a large number of connected markets.
- A solution that in the future could be further developed to also include Algorithmic Trading to capture latest market opportunities with proprietary, speed-sensitive trading algorithms.
Solution:

Erik Penser Fondkommission is now using Orc as a core component for its offering within electronic trading and new proprietary trading service. Selected Orc technology includes:
- Orc Trader for cash and derivatives in the Nordic region.
- Orc ExNet for non-member market access as well as receiving broker.
- Erik Penser Fondkommission chose the Orc System in combination with proximity hosting at OMX. This means that the infrastructure is placed at OMX for a secure environment with the lowest possible latency.
Why it worked:

Erik Penser Fondkommission is now live with its DMA and Care Order offering as well as the set-up for proprietary trading. Connected markets include the Nordic ones but also the rest of Europe and US through external brokers. The program trading service that was launched in mid January has been highly appreciated by clients, being able to benefit from the combination of local expertise and state of the art connectivity.
Danske Markets
Challange:

Danske Markets offers financial services to both the private and institutional investment community in the Nordic region. They already used the Orc system in their Derivatives trading department and for Market Making of derivatives and had good experience of the Orc system. They were now looking at:
- A solution that offered their institutional customers access to liquidity pools for trading directly on many markets over Internet.
- A solution that in the future could be further developed to also retail customers that are actively trading on the cash markets.
- A solution that made it possible to match orders from the customer against Danske Markets own orderbook on the condition that certain criteria is matched instead of sending orders directly to the market.
- A stable and scalable solution that could make use of existing infrastructure and also be expanded to other countries.
- A solution that could be integrated to other internal systems in an easy way.
Solution:

Danske Markets is now using Orc as a core component for its offering within electronic trading. Selected Orc technology includes:
- Orc Trader for cash and derivatives in the Nordic region.
- Danske Pro Trader ( Infronts OrcOnline solution combined with Orc )
  for cash trading in Europe and North America.
- Danske Markets has a special built module for the internal matching on certain instruments that is looking at the incoming orderflow from the Danske Pro Trader clients and then sends it to the Orc system.
- The solution has been integrated with the internal bank systems through the Orc Protocol, the development has been made by Danske Markets themselves.
Why it worked:

Danske Markets is now live with its DMA. Connected markets include the Nordic ones but also the rest of Europe and US through external brokers. Extensive testing and a very dedicated project team has made this a success, the number of customers using the solution is constantly growing.

Orc provides timely, responsive sales and technical support locally from our worldwide service centers located in every major financial center.

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Orc DMA for Brokerage

Key Solution Features

Key Business Benefits

Orc Technology Tools

Which markets are you interested in?

Europe, Middle East & Africa

Asia Pacific

Americas

Cases

Erik Penser Fondkommission

Challenge:

Solution:

Why it worked:

Danske Markets

Challange:

Solution:

Why it worked:

Contact sales & services

Service portal

CameronFIX Forum

Change Region

Your Contact

Upcoming Events

Newsletter

Orc DMA for Brokerage

Key Solution Features

Key Business Benefits

Orc Technology Tools

Which markets are you interested in?

Europe, Middle East & Africa

Asia Pacific

Americas

Cases

Erik Penser Fondkommission

Challenge:

Solution:

Why it worked:

Danske Markets

Challange:

Solution:

Why it worked:

Contact sales & services