Bridge & ORC To Create On-line Derivatives Service

VENDOR UPDATE

NEW YORK--Bridge Information Systems and Orc Software (ORC) have formed a joint venture to develop an on-line trading service for the global derivatives and equities markets.

Accessible through Savvis’s Internet Protocol (IP) network or via the Internet, the service, to be released by Q3, will order-route transactions through selected brokers to ORC’s 20 global exchanges using an ORC server.

The service, offering the first derivatives broker-neutral order-routing network, will allow clients to

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