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Newedge, Orc Team Up For High-Speed Link
Futures brokerage Newedge has partnered Sweden’s Orc Software to set up a direct high-speed link between Chicago and Hong Kong.
Futures brokerageNewedgehas partnered Sweden’sOrc Softwareto set up a direct high-speed link between Chicago and Hong Kong,金融时报》reports. U.S. traders will be able to execute high-speed and complex trades across Asian markets via Newedge’s Hong Kong data centre and using Orc’s trading platform.
The trades include market-making, spread trades and volatility trading strategies. They will also be able to trade exchange-traded funds in India, Hong Kong and Korea against their underlying holdings.
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