Horizon Software (Horizon), the leading global technology provider for electronic trading and investment management, today announced collaboration with Thomson Reuters, the world’s leading source of news and information for professional markets. Uniquely, the collaboration will provide an advanced “one-stop-shop” derivatives trading platform, along with Chinese market data, for quantitative trading to the Chinese market, further enhancing the experience of quantitative trading participants.
Clement Pelletier, APAC Sales Director at Horizon, commented: “This is a significant development for derivatives trading in China and we are delighted to announce the collaboration. Horizon was the first foreign vendor in China to provide sophisticated trading software back in 2012. We have since built a great reputation in China by continuing with our approach of putting the client at the centre of our technology, our Trade Your Way philosophy. I am confident that our clients will quickly see the competitive advantages of having a low latency trading platform and reliable market data resulting from the collaboration with Thomson Reuters.”
Hua He, Head of Market Development, Financial & Risk, China at Thomson Reuters commented: “To deliver superior derivative trading experience for all participants in the Chinese market, Thomson Reuters and Horizon have joined hands to deliver a powerful and winning combination of trading technology with news, data and research. I look forward to our joint clients quickly benefiting from this collaboration.”
Pelletier added: “Our platform allows securities houses in China to trade ETF options, both locally and globally. The platform provides connectivity to all the exchanges in China (SSE, CFFEX, Commodity Exchanges) so our clients have an excellent choice of trading venues.”
Horizon is seeing strong demand for more sophistication in trade execution, with Horizon Automated Trader delivering both, as well as significantly reducing the time required to build trading strategies. Thanks to the growth of the global ETF market we are seeing increasing demand for Delta One; that, along with new opportunities coming from markets such as China have the potential to change the global trading landscape of the industry.