DERIVATIVES

Orc and Nissan deal to extend Japanese derivatives reach

Nissan Century Securities has announced it will use Orc execution bricks to respond to growing demand for Japanese derivatives trading. The move will enable clients of both Orc and Nissan to trade derivatives on Japan Exchange Group venues.

October 27, 2015 3:20 PM GMT

Nissan Century Securities has announced it will use Orc execution bricks to respond to growing demand for Japanese derivatives trading. The move will enable clients of both Orc and Nissan to trade derivatives on Japan Exchange Group venues.

The deal will see financial broker Nissan benefit from regulations through Orc Flow Control, Orc’s risk management tools.

Lee Nguyen, Vice President of Global Sales, Nissan Century Securities spoke about the new partnership.

“We are pleased to leverage Orc’s electronic execution solutions to provide a solid direct market access option which facilitates the trading needs of our mutual clients for not only Japan but also other global markets.”

“The richness of Orc’s out-of-the-box risk layer also meets our internal compliance needs.”

This is the latest partnership for Orc, which specialises in electronic trading for listed derivatves, after its recent partnership with CameronTec.

Orc’s group President Greg Chambers also spoke of his approval at the forthcoming Nissan partnership.

“Orc’s proven track record in providing world leading trading risk management and electronic execution technology is the key behind the continued up take of the Orc Execution Bricks platform in the region.”

“We look forward to developing the relationship with Nissan in order to service the needs of our global Trading Bricks customers.”