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Samsung Securities joins Orc ExNet broker connectivity network.

TELECOMWORLDWIRE-August 15, 2011-Samsung Securities joins Orc ExNet broker connectivity network(C)1994-2011 M2 COMMUNICATIONS

Provider of technology and services for the financial industry Orc Group AB (SSE:ORC) announced on Monday that Korea-based financial service provider Samsung Securities has joined the Orc ExNet broker connectivity network to meet the market demand for high performance connectivity to the Korea Exchange.

The order was booked in Q2 2011 and the contract is based on Orc's licensing subscription model. No other financial details were disclosed.

According to the company, the partnership facilitates mutual customers' trading needs on the Korea Exchange. Orc's solutions allow Samsung clients to trade Kospi 200 futures and options on the exchange via Samsung Securities' membership.

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Date:Aug 15, 2011
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