Arqaam Capital leans on Orc trading solution
Financial technology and services provider Orc Group has
renewed its agreement with Arqaam Capital, the Dubai-based emerging markets
According to the agreement, Arqaam will extend its use of
Orc Trader to support cash equity trading on the three stock exchanges in
the United Arab Emirates – Abu Dhabi Securities Exchange, Dubai Financial
Market and Nasdaq Dubai.
As part of the agreement, E2E Infotech, a subsidiary of
aurionPro Solutions, will continue to work with Orc to develop and refine
tailored solutions for Arqaam Capital and will provide support to the firm
E2E and aurionPro offer services around Orc’s trading
solutions and a portfolio of standardised components for integration with Orc.
In addition, E2E and auroinPro offer solutions in outsourcing and IT services.
“Renewing and extending our partnership with Arqaam Capital
is a strategically significant event for Orc,” said Lee Griggs, president EMEA,
Orc. “Arqaam is a major user of our products, and their continued trust in our
evolving technology and services testifies to Orc’s commitment to advanced
trading firms in the Middle East.”