Orc Unleashes Quoting Tool

Swedish trading technology provider Orc Software last week unveiled Orc Market Maker, a tool that enables market makers to send price quotes to multiple markets at low latency from a single interface, and provides features for volatility and pricing management, an API for developing proprietary models, and pre-defined pricing models for quoting and hedging.

The tool, which is available as deployed software or as a managed service, is initially being rolled out in North America, and will be launc