Reykjavik-based Spron Securities has implemented an electronic trading brokerage solution from trading technology provider Orc Software.
Spron has deployed Orc technology comprising Orc Traders, Modelbuilder and Orc’s Direct Market Access to ICEX during the first quarter of this year. Spron is routing order flow via ExNet, the Orc network providing non-membership access to all major liquidity pools, including official exchanges and ECNs.
“We look forward to working with Orc Software to provide our customers with added market advantage,” says Jón Hallur Pétursson, CEO of Spron Securities. “Some of the world’s most advanced trading enhancements are developed by Orc such as single screen multi-market access, order handling and instrument pricing capabilities. These solutions will further strengthen a core area of our business and help grow Spron Securities reputation as one of Iceland’s leading financial institutions.”
Henrik Thornqvist, Orc Software’s head of sales and services for the Nordic region, adds, “Orc Software is pleased to be delivering leading turn-key solutions to further strengthen Spron Securities brokerage solution.”