PhilipCapital Taps Orc for NSE Connectivity
Orc, which is owned by Nordic Capital Fund VII, will provide direct market access (DMA) to the National Stock Exchange of India (NSE) to enable PhilipCapital's clients to execute cash, futures and options on the NSE without the need for membership on the exchange.
"Apart from Orc's speed and performance, we were impressed with the robust real-time risk management capabilities within the system," says Vineet Bhatnagar, managing director of PhillipCapital in India. "This powerful addition allows us to satisfy the low-latency trading needs of our international clients."
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