Orc Adds Connectivity to Nasdaq OMX NLX
Orc's NLX gateway, which will be available in the third quarter of 2014, will give trading access to a suite of European listed interest rate derivatives products.
"Extending Orc's market reach to NLX is the result of immediate client demand, and also reflects our belief that NLX helps meet a significant demand for a robust market model in European interest rate derivatives," says Martin Nilsson, the head of product management at Orc Group. "The NLX offering of futures and options on the full European interest rate curve makes for a very attractive proposition to several Orc clients, as well as a great match with our derivatives trading, market-making and institutional order flow offering."
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