Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. selects Orc to enhance its options market making capabilities in Japan

Tokyo, Hong Kong and Sydney - Orc Group AB (SSE: ORC), a leading provider of technology and services for the global financial industry, today announced that Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. has selected an Orc Trading solution to enhance its options market making operations on the Osaka Securities Exchange. The order was booked in Q2, 2011, and the contract is based on Orc’s licensing subscription model.

Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. (MUMSS) is a subsidiary of Mitsubishi UFJ Financial Group, Inc., with global presence in Asia, Europe and North America. The firm is offering various services of market products/investment banking/research for both wholesale and retail clients.

“After evaluating the market making solutions available, Orc proved to have the scope of functionality we were looking for to scale up our options trading on the exchange, as well as the architecture needed to ensure that our minimal latency requirements were met,” says Hizuru Konishi, Chief Manager, Equity Derivatives Division, Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. “We are especially impressed with Orc’s high standard of services and support, and recognize their qualities as a true market leader in the advanced trading space.”

“We are proud that MUMSS has selected Orc to enhance its market making capabilities, which also builds a solid foundation for its future expansion into new trading venues,” says Yoshiyuki Minowa, Sales Director, Japan, Orc Group. “MUMSS’s choice further strengthens our goal to become the preferred advanced trading technology provider for the Japanese trading community. We believe more and more trading firms in Japan will continue to leverage Orc’s proven technology to gain an edge in the evolved trading environment.”

The Orc Trading solutions are used by leading financial firms worldwide for market making, volatility trading and high-frequency trading. Together with access to all major cash and derivatives markets and a network of brokers, this is truly an unmatched offering. Orc Trading is available both as deployed software and as a managed service.

About Orc Group revenue model
Standard agreements follow Orc’s licensing subscription model, a flexible approach designed to streamline the customer on boarding process and provide ease of access to software updates, together with a mature support framework. Customers are invoiced quarterly, in advance, and revenue allocated to the invoicing period.

About MitsubishiUFJ Morgan Stanley Securities Co. Ltd.
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., a core securities firm among all the affiliates in the Mitsubishi UFJ Financial group, is offering various services of market products/investment banking/research for both wholesale and retail clients, tied up closely with those affiliates and the joint enterprise partner, the Morgan Stanley MUFG Securities Co. Ltd.

About Orc
Orc is a leading provider of technology and services for the global financial industry. Orc delivers trading and market access solutions used by proprietary trading and market making firms, investment banks, hedge funds and brokerage houses worldwide.
Available as deployed software or as managed services, Orc develops and provides the tools needed for running profitable trading or brokerage businesses in today’s competitive and ever-changing markets.
With market presence in all major global financial centers, Orc provides sales and support services from its offices across EMEA, the Americas and the Asia-Pacific regions.

Orc Group AB is publicly traded on NASDAQ OMX Stockholm (SSE: ORC).

www.orcsoftware.com