Horizon expands connectivity to Singapore Exchange for securities and derivatives trading

Rick Steves

“Our aim is to promote our trading platform for securities products and derivatives, to allow the community to trade and market-make new instruments throughout Asia, extending our market coverage and connectivity in response to our client’s requirements.”

Horizon Software (Horizon) has announced new connectivity to the Singapore Exchange, offering clients a faster and more efficient way to access and trade on multiple financial markets, make markets on exchange-traded funds (ETFs), and hedge.

SGX is one of the world’s hottest international marketplaces, operating equity, fixed income, currency, and commodity markets to the highest regulatory standards.

As an approved vendor by the exchange, Horizon Software had the first client go live on SGX Securities Trading in November 2022.

Horizon is an electronic trading platform specialized in algo trading, providing direct connectivity to more than 80 exchanges worldwide. Its ‘Trade Your Way’ motto supports clients in quickly creating, testing and implementing automated trading strategies in real-time.

SGX connectivity promotes Horizon’s platform for securities and derivatives

Emmanuel Faure, Head of APAC Sales at Horizon Software, added: “We are delighted to be working closely with SGX Group in Singapore and ASEAN region. Our aim is to promote our trading platform for securities products and derivatives, to allow the community to trade and market-make new instruments throughout Asia, extending our market coverage and connectivity in response to our client’s requirements. We look forward to further collaboration between Horizon Software and SGX Group, as we look ahead to future growth in the region.”

Pol De Win, Senior Managing Director, Head of Global Sales & Origination at SGX Group, said: “To meet the diverse requirements and sophisticated trading strategies of global market participants today, we are constantly working with the right partners to deliver growth. We are delighted to welcome Horizon Software to provide market participants with access to our SGX Securities and Derivatives Trading.”

Horizon offers market making and agency trading functions

In late 2021, Horizon Software expanded its Electronic Trading platform to include market making and agency trading functions. Offered in one single platform powered by Horizon’s algo framework, the firm’s Market Making and Algo Trading services leverage its expertise in latency, scalability and expertise in algo and execution strategies to banks and brokers.

The market making and agency trading solution features advanced functionalities in high touch, DMA, DSA and global order routing for equity and global derivatives. This will enable banks and institutional and retail brokers to meet the trading challenges of today and tomorrow.

Horizon stated that clients using their Market Making solution are now expanding towards client order flow and execution through one single platform, optimizing their running cost and implementing cross businesses logic such as Internalization or Central Risk Book.

Horizon’s Managed Services and Hosting is a complementary service that turns the solution into a one-stop shop and takes ownership of upgrades, monitoring, configuration, and full users support.

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