Samsung Securities joins Orc's ExNet to provide low-latency access to Korean markets


Samsung Securities joins Orc's ExNet to provide low-latency access to
Korean markets

For immediate release: Hong Kong, Sydney and Tokyo - Monday, August 15,
2011 - Orc Group AB (SSE: ORC), a leading provider of technology and
services for the global financial industry, today announced that Samsung
Securities has joined the Orc ExNet broker connectivity network (Orc's
ExNet network) to meet the growing 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.

Samsung Securities is a leading Korea-based financial service provider
specialized in the securities and investment banking sectors. Apart from
retail brokerage and wealth management services for individual
investors, the firm also offers institutional brokerage, investment
banking and capital markets services for domestic and global public and
private enterprises.

The Orc-Samsung Securities 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.

“By joining Orc's ExNet network, Samsung Securities will now be able to
facilitate access to the Korean markets to an even wider community of
global trading firms,” said K Y Cho, Head of Sales, Samsung Securities.
“Orc's reputation for high performance, reliable connectivity and
extensive reach is well known throughout Asia and we are excited to
offer this powerful addition to our connectivity offering.”

“The addition of Samsung Securities to Orc's ExNet network provides our
clients with a convenient way to access the ultra speed-sensitive Korean
market,” comments Peter McPhee, VP Sales, APAC, Orc. “Orc's growing
buy-side client base demands robust connectivity solutions to meet their
high-frequency trading requirements, and our offering provides firms
with an efficient way to scale their business into new markets without
the need to establish exchange memberships.”

Orc's sponsored access solutions offer buy-side users access to
liquidity pools including exchanges and ECNs, without the need for
exchange membership. Connecting to the Orc ExNet Private IP (PIP)
Network gives trading firms the ability to send and receive orders from
more than 150 Orc sites.

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 Samsung Securities
Samsung Securities is a leading Korea-based financial service provider
specialized in the securities and investment banking sectors. Apart from
retail brokerage and wealth management services for individual
investors, the firm also offers institutional brokerage, investment
banking and capital markets services for domestic and global public and
private enterprises.

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.orc-group.com

For further information, please contact:
Peter McPhee, Vice President Sales, APAC, Orc, Tel: +61-2-9240-2499,
email: peter.mcphee@orc-group.com

Agnes Wong, Senior Marketing Manager, APAC, Orc Group, Tel:
+852-2167-1986, email: agnes.wong@orc-group.com

K Y Cho, Head of Derivatives Sales and E-Trading, Samsung Securities,
Tel: +822-2020-7403, email: Kycho75@samsung.com

Richard Bu, Salesperson, Samsung Securities, Tel: +822-2020-7404, email:
Jaehoon.bu@samsung.com

Ken Woo, Salesperson, Samsung Securities, Tel: +822-2020-7491, email:
ken.woo@samsung.com

 

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