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Orc Software connects to NASDAQ OMX Commodities

Oslo, 4 May 2010

Orc Software, the leading global provider of technology for advanced trading and connectivity solutions, has connected to NASDAQ OMX Commodities, through Nord Pool ASA, the world’s largest power exchange. Orc Software will now be able to provide access to NASDAQ OMX Commodities’ European power and carbon derivatives contracts. “Access to Nord Pool’s trading platform is a great addition to the Orc connectivity offering, as we see an increased market interest in energy derivatives,” said Jesper Alfredsson, vice president product management, Orc Software. ”Orc’s certified solution will enable our customers to actively make markets and to explore the growing range of trading opportunities available through Nord Pool.”

Geir Reigstad, senior vice president of NASDAQ OMX Commodities, said: “NASDAQ OMX Commodities see connectivity to traders and clearing customers via leading independent software vendors as a key success factor to ensure continued growth in trading and clearing volumes. I am very pleased that Orc's trading application has passed our obligatory conformance tests and become a Certified Independent Software Vendor to our trading and clearing platform.”

This solution provides Orc’s customers with ultra low- latency access to NASDAQ OMX Commodities markets. With its specialist trading solutions that provide best-in-class capability for volatility trading, options market making, futures spread trading and arbitrage, Orc's solution will improve the NASDAQ OMX Commodities reach to international traders.

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Orc Software is a leading global provider of technology and services for advanced trading in financial instruments. Orc’s competitive edge lies in its depth of knowledge of the trading world, gained by deploying sophisticated trading solutions for over 20 years. www.orcsoftware.com

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