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Orc Provides New Opportunities In Canadian Markets By Connecting To Aequitas NEO Exchange

Orc, a global leader in trading technology, today announced they have expanded coverage of the Canadian markets to include the Aequitas NEO Exchange, a newly launched Canadian stock market. Orc clients looking for new opportunities can leverage connectivity for order routing and market data to the Aequitas Lit Book and NEO BookTM.

The NEO Exchange uses a bold new blueprint that puts investors, capital-raising companies and their dealers first. It launched its trading platform and data services earlier this month and is on track to launch a public listing platform by mid-2015. Its mandate is to use innovation and technology to bring more competition to the Canadian markets, for the benefit of all market participants. The NEO Exchange also aims to reduce the dealers’ cost of doing business and ensure their financial interests are aligned with the best execution interests of their clients.

“By leveraging technology and market innovation, we are committed to providing all market participants with a level playing field and ensuring all investors feel they have a fair chance to participate,” said Karl Ottywill, Chief Operating Officer, Aequitas NEO Exchange. “We are pleased that Orc supports us in this new endeavor.”

“We are excited to provide access to the NEO Exchange and to offer Orc clients new opportunities in the Canadian markets,” said Martin Nilsson, Head of Product Management, Orc Group. “Our sophisticated and powerful connectivity solution coupled with the expansive market coverage of the NEO Exchange is unparalleled and we are committed to evolving our Execution Bricks offering.”

Orc believes the key to staying competitive is robust low latency access to trading venues, and provides fast, reliable market access to over 150 exchanges, broker and alternative liquidity pools in the critical areas of execution, market data and reference data.

Aequitas NEO Exchange Inc. is a wholly owned subsidiary of Aequitas Innovations Inc., a company founded by a diverse group of prominent investors representing all Canadian capital market stakeholders.

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