Orc Software: Orc Provides High Performance Trading Access to the New Tokyo Commodity Exchange Trading Platform

* Reuters is not responsible for the content in this press release.

Mon May 18, 2009 3:09am EDT

HONG KONG & SYDNEY--(Business Wire)--
Regulatory News: 

Orc Software (STO: ORC), the leading global provider of technology for advanced
trading and connectivity solutions, today announced a market gateway to the new
trading platform of Tokyo Commodity Exchange, Inc. 

Tokyo Commodity Exchange (TOCOM) is Japan`s largest commodity futures exchange,
handling 80% of all commodity futures transactions conducted in Japan in 2008.
TOCOM was established as the successor institution of the Tokyo Textile
Exchange, which was founded in 1951 and merged with the Tokyo Rubber Exchange
and the Tokyo Gold Exchange in 1984. Orc`s new gateway connects exchange members
and clients to the TOCOM`s next generation platform based on Nasdaq OMX
technology. 

"Our new market gateway to TOCOM highlights the importance of the Japanese
market for Orc`s expansion plans in the Asia Pacific region and provides our
domestic Japanese and international customers with the capability to trade the
market`s listed commodity derivatives," said Greg Chambers, President, Orc
Software, Asia Pacific. "The addition of TOCOM further extends the reach within
APAC of our renowned Orc Trading and Orc Connect solutions and reflects Orc`s
global strategy of providing solutions for trading onto the world`s leading
execution venues." 

"The successful deployment of our new trading platform, launched on May 7, is a
key component in our plans to firmly establish ourselves as the primary
commodity exchange in Asia," said Masaaki Nangaku, President & CEO, Tokyo
Commodity Exchange. "We are very happy to work with world-class vendors like Orc
who we see as being critical in facilitating the advanced trading of our members
and their clients. Orc`s TOCOM access clearly demonstrates Orc`s commitment to
our market and its competence in developing best-in-class electronic trading
technology". 

Orc Connect provides traders and brokers with fast, reliable access to 100+
liquidity pools globally, both for market members and non-members, in the
critical areas of execution, market data and reference data. 

About Orc Software Orc Software (STO: ORC) is the leading global provider of
powerful solutions for the worldwide financial industry in the critical areas of
advanced trading and low latency connectivity. Orc`s competitive edge lies in
its depth of knowledge of the trading world gained by deploying advanced
solutions for sophisticated traders for over 20 years. 

Orc Trading and Orc Connect provide the tools for making the best trading and
connectivity decisions with strong analytics, unmatched market access, powerful
automated trading functionality, high performance futures and options trading
capabilities, ultra-low latency, and risk management. 

Orc`s customers include leading banks, trading and market-making firms,
exchanges, brokerage houses, institutional investors and hedge funds. 

Orc provides sales and quality support services from its offices across EMEA,
Americas and Asia Pacific. 

www.orcsoftware.com

About Tokyo Commodity Exchange Tokyo Commodity Exchange, Inc. (TOCOM) is Japan`s
largest commodity futures exchange with a trading volume of 41 million
contracts, representing an 80% market share, in 2008, and one of the most
prominent exchanges in Asia. Futures and Options contracts on a variety of
industrial products are traded (i.e.: gold, silver, platinum and palladium in
the precious metals market; crude oil, gasoline and kerosene in the oil market;
aluminum and rubber). TOCOM was established in 1984 as a result of a merger
between the Tokyo Textile Exchange, founded in 1951, the Tokyo Rubber Exchange
and the Tokyo Gold Exchange. Tokyo Commodity Exchange was demutualized in
December 2008. 

www.tocom.or.jp/

This information was brought to you by Cision http://www.cisionwire.com



Orc Software
Greg Chambers, President Orc Software
Asia Pacific
Tel. +852 2167 1956
or
Agnes Wong, Senior Marketing Manager
Orc Software, Asia Pacific
Tel. +852 2167 1986 

Copyright Business Wire 2009

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.