Westpac Banking has selected Orc Group’s trading solution to upgrade its options trading and warrants market making business on the Australian Securities Exchange. The solution will allow Westpac’s team to adapt its proprietary pricing models for the pricing of its warrants and exchange-traded options.

The solution will allow Westpac to both make markets on the exchange and gather more trading opportunities. The deal is based on Orc’s licensing subscription model. Various financial firms use Orc Trading solutions for market making, volatility trading and high-frequency trading.

Click here for the release from Business Wire.