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News in brief: Toro Trading to use Orc’s options market making solution


Toro Trading to use Orc’s options market making solution
Toro Trading, a New-York based options market maker, will use Orc Software’s options market making solution to connect to the Chicago Climate Futures Exchange’s options platform. The contract between the two firms is based on Orc’s licensing subscription model.
Satish Nandapurkar, president and CEO of CCFE, said that: “We are delighted to have Toro Trading, a premier options market maker, connected to CCFE’s futures and options platforms and Orc Software as the first ISV to offer connectivity to the options platform.”

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