Banca Aletti has deployed Orc Group’s server-based automated trading platform Orc Liquidator for market making on the Italian Derivatives Market (IDEM). The bank booked the order in the second quarter of 2011.
The contract is based on Orc’s licensing subscription model. Orc Liquidator will allow easy implementation of the Milan-based investment bank’s proprietary quoting strategies together with real time management of standard trading parameters, such as position, risk and volatility.
Click here for the release from Business Wire.