Taiwan-based financial institution SinoPac Securities (Asia) has selected technology provider Orc Software’s Trading and Connect solutions to enhance its regional trading capabilities.
Using Orc Trading, SinoPac will be able to execute multiple trading strategies simultaneously from a single platform. The solution is commonly used for trading, pricing and risk management on electronically traded instruments.
According to Orc, its Connect solution will provide SinoPac with fast, reliable access to liquidity pools, both for market members and non-members, for execution, market data and reference data.
“We chose Orc Software because of its extensive regional reach, ultra-fast market gateways and its rich functionality. We are especially impressed with Orc’s expertise in formulating and implementing a reliable solution that best fits our business requirements within a tight timeline,” said William Su, director and head of proprietary trading division, SinoPac Securities (Asia), in a statement.
SinoPac Securities (Asia), the business arm of SinoPac Financial Holdings, engages in various financial businesses including brokerage, proprietary trading and underwriting. The firm has 49 offices in Taiwan and established subsidiaries in Hong Kong, Shanghai and London.