HTG Capital Partners to leverage Orc for currency options market making

HTG Capital Partners to leverage Orc for currency options market making

Chicago, Wednesday, December 7, 2011 – Orc Group (SSE: ORC), a leading provider
of technology and services for the global financial industry, announced today
that HTG Capital Partners (HTG), a proprietary trading firm, will use Orc Market
Maker for currency options market making. The order was booked in Q3, 2011, and
the contract is based on Orc’s licensing subscription model.

Orc will provide HTG with Orc Market Maker, a server-based trading solution
designed for options market making. It leverages Orc’s 20 years of experience in
building and deploying high-performance options quoting solutions. HTG will use
Orc to make markets in currency options on the CME.

Steve Lukes, VP of Americas Sales at Orc, noted, “HTG demanded a
high-performance options market making solution, and Orc Market Maker meets
their requirements. We are happy to have HTG take advantage of Orc Market Maker
for their currency options business, and we look forward to supporting their
continued success.”

Bill McNeill, Managing Director of Trading at HTG, commented, “Our business is
growing and we needed a solution that can scale with us. Our traders require
best-of-breed technology and we think Orc’s solution well equips them for
trading in today’s turbulent markets.”

Available as deployed software and as a managed service, Orc Market Maker
addresses the present and future challenges of market makers, including the need
for low-latency quoting and to efficiently reach multiple markets using a single
interface. It adds key features for sophisticated volatility and pricing
management, including a rich volatility management interface and a Volatility
Model API which facilitates development of proprietary models. Orc also provides
pre-defined and configurable volatility models, as well as built-in pricing
models for accurate quoting and hedging.

About Orc Group revenue model

Standard agreements follow Orc’s licensing subscription model, a flexible
approach designed to streamline the customer on boarding process and provide
ease of access to software updates, together with a mature support framework.
Customers are invoiced quarterly, in advance, and revenue allocated to the
invoicing period.

About Orc

Orc is a leading provider of technology and services for the global financial
industry. Orc delivers trading and market access solutions that are used by
proprietary trading and market making firms, investment banks, hedge funds and
brokerage houses worldwide.

Available as deployed software or as managed services, Orc develops and provides
the tools needed for running a profitable trading and brokerage business in
today’s competitive and ever-changing markets.

With market presence in all major global financial centers, Orc provides sales
and support services from its offices across the EMEA, Americas and Asia-Pacific
regions. Orc Group is listed on Nasdaq OMX Stockholm (SSE: ORC).

www.orc-group.com

About HTG Capital Partners

HTG Capital Partners (www.htgcap.com) is a proprietary trading firm with offices
in Chicago and New York. HTG provides individual traders and trading groups with
capital allocations, support, risk management, connectivity, accounting, HR, IT,
and back office services. HTG’s traders have access to a spectrum of products,
execution platforms, and asset classes and trading approaches, including
commodities, indices, FX, and interest rates trades executed in high-frequency,
colocated facilities, on trading floors or over the phone.

For further information:

For Orc: Barry Vasudevan, Marketing Director – Americas, +1 212 351 7624,
barry.vasudevan@orc-group.com

For HTG: Drew Mauck, 3Points Communications, +1 312 725 7950, Drew@3PTsComm.Com