Paris – 28 October 2009 – Horizon Software, provider of low-latency trading and market making solutions to a wide range of players, is proud to announce its connection to cats-os (Citibank Automated Trading Platform).
Horizon Market Maker is designed for Sales and Traders to quote derivative products on listed markets, quoting platforms or on Web sites. This complete solution enables teams around the world to handle thousands of products in real-time via a global architecture.
Cats-os allows OTC trading and routing of securities online in real-time by providing access to a large range of diversified investment products on a single platform. The solution offers a broad market reach to trading partners across the EU with a single connection.
In order to meet clients’ growing needs on quote management and trade information, Horizon Software decided to couple Horizon Market Maker with a connection to cats-os. Features and advantages include access to distribution of investment products in a cost-effective manner, facility to handle large volume, small-size transactions, OTC trading platform transparency with real-time tradable prices and volumes and immediate trade execution confirmation at a fixed price.
“Our solution offers added-value features such as arbitrage automatons, custom spots processing, volatility order management, auto-hedging and much more”, says Hugues Deroubaix, Global Head of Products at Horizon Software, before concluding: “With the cats-os connection, we remain even more confident to fulfill our clients’ expectations”.