Technology vendor Orc and broker BCS have announced a partnership whereby the former's clients can send orders to Moscow Exchange and the London Stock Exchange through the latter.
Orc users will be able to send securities and derivatives trade flow to BCS, with the service particularly targeted at those who do not have a Russian physical presence, which is mandatory for exchange membership. Both plan to roll out the service to currencies and other markets in the future.
"International investors increasingly want access to the Russian markets and expect the highest standard of trading infrastructure," says Audrey Faveeuw, direction of international prime brokerage sales at BCS. "This partnership with Orc is ideal for our clients as it includes BCS's Russian deep market knowledge and Orc's leading trading technology and electronic execution solutions."
James and Anthony talk about the looming Sibos event in Toronto and take a look at some recent M&A activity and blockchain developments in the capital markets.Subscribe to Weekly Wrap emails