Imported from previous forum
[ original email was from Annie Walsh - anniew@orcsoftware.com ]
Marco Polo Network Partners with Orc Software for Providing Unmatched Market Access
Hong Kong: Monday June 4, 2007 — Orc Software (SSE: ORC), the leading global provider of technology for advanced trading, market making and brokerage, today announced worldwide trading network provider, Marco Polo Network, has joined the Orc ExNet, utilising the leading FIX protocol connectivity solution, CameronFIX.
Orc Software’s Head of Sales for Asia Pacific Robert Rooks says: "Our partnership with Marco Polo Network seamlessly unites local and global buy side originators, broker dealers and exchange points to create one of the most formidable order dissemination and execution networks available in the market today.”
“With Marco Polo’s widespread emerging markets distribution network and Orc’s global market access and connectivity, customers with both organisations now have access to more exchanges, ECN’s and execution points than available on any other FIX-based order routing network,” said Peter Jardine, Head of the Broker Network at Marco Polo Network. “Marco Polo looks forward to working with Orc Software to provide customers with a truly global partnership resulting in over 175 execution points worldwide they can access.”
Orc ExNet provides fund managers with non-membership access to all major liquidity pools, including official exchanges and ECN’s. CameronFIX is the globally proven FIX connectivity solution used by the world’s leading financial institutions.
Orc Software is currently exhibiting at Trade Tech Equities in Tokyo until June 6.
About Marco Polo Network
Marco Polo Network Inc. (MPN) is a leading broker neutral multi-asset class electronic platform for global investors to trade emerging markets. MPN brings transactions into compliance with local rules and regulations allowing for seamless and transparent cross-border transactions. MPN’s platform is a gateway for multidirectional flows and offers connectivity and routing to brokers and exchanges in more than 40 markets. MPN provides investors with access to more than 90% of the MSCI emerging market index.
MPN is partially owned by the New York Stock Exchange and the International Finance Corporation, the private sector arm of the World Bank Group. Marco Polo Securities Inc., a wholly owned subsidiary of MPN, is a NASD registered broker dealer.
About ORC Software
Orc Software (SSE: ORC) is a leading global provider of technology for advanced trading, market making and brokerage. Celebrating 20 years in 2007, Orc provides solutions and services to its worldwide customers from its offices across Europe, North America and Asia Pacific. Orc Software’s customers include leading investment banks, trading and market-making firms, exchanges, brokerage houses, institutional investors, hedge funds and software vendors.
CameronFIX, the number one Financial Information Exchange protocol (FIX) platform, is an Orc Software connectivity solution. CameronFIX is used as a FIX platform by major members of the global financial industry including Bank of America, International Securities Exchange, Nomura Securities, Standard Chartered Bank, Credit Suisse, Singapore Stock Exchange, Australian Stock Exchange, OMX, Fidelity Management and Research, Knight Securities, UBS, Citigroup, BlackRock, Barclays Capital, CIBC World Markets and Dresdner Kleinwort Wasserstein.
Orc Software has offices in Chicago, New York, Toronto, London, Stockholm, Frankfurt, Milan, Vienna, Zurich, St. Petersburg, Moscow, Hong Kong and Sydney.
For further information:
Zeynep Yener, Marco Polo Network, +1 212 220 2704
Annie Walsh, Orc Software, +44 20 7942 0946