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SinoPac Securities Selects Orc for Trading
November 30, 2009  Category: General

Taiwan-based financial institution SinoPac Securities (Asia) Limited is using Orc’s Trading and Connect solution to enhance its regional trading capabilities.

SinoPac Securities (Asia) Limited is the business arm of the Taiwan Stock Exchange-listed company SinoPac Financial Holdings. It engages in various financial businesses including brokerage service, proprietary trading and underwriting business. It has 49 branch offices in Taiwan and established subsidiaries in Hong Kong, Shanghai and London.

The contract is based on Orc’s licensing subscription model, a flexible approach designed to streamline the customer on boarding process and provide ease of access to software updates, together with a mature support framework. Customers are invoiced quarterly, in advance, and revenue allocated to the invoicing period.

Orc Trading provides the competitive edge to trade from a single platform capable of running thousands of complex trading strategies simultaneously. 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.

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