As per the agreement, customers of both Orc and KIS will be able to take advantage of on the market opportunities in Korea while the Orc solutions provides assistance to KIS clients to trade onto the KRX through KIS’ membership , said the firm.
KIS International DMA head of sales John Yoo said that the firm is pleased to establish a partnership with Orc to cater high performance market access to the Korean futures and options markets.
"Orc is well known in Asia for their leading-edge trading technology and we are glad to be in a position to leverage their solutions within our brokerage business. This powerful addition will further enhance our efforts to satisfy the diverse trading needs of clients," Yoo said.
Leveraging Orc’s low-latency connectivity solution, KIS can provide the high speed demands of international trading customers looking to access KOSPI futures and options.
Buy-side users can access to liquidity pools including exchanges and ECNs, without the need for exchange membership through Orc’s sponsored access solutions, claims Orc.
The Korean securities firm offers a range of management and investment banking services such as securities brokerage of domestic and international investors, underwriting, IPOs, derivatives, real estate, fund management, and financial advisory services.
