January 2016, Paris: Horizon Software has announced that Sylvain Thieullent has been appointed the new CEO, while Jean-Marc Delfarguiel, the founder of Horizon, becomes the company’s President. Horizon is the leading provider of electronic trading solutions and algorithmic technology to the world’s exchanges, banks, brokers and fund managers. Thieullent was previously the EMEA Head of Electronic Trading at Horizon and has played a key role in the double-digit growth and the record results the company is currently achieving.

Sylvain Thieullent says: “We are an agile company, with clients at the centre of everything we do. I am very fortunate to work with a great team of specialists and we are committed to giving our clients the best technology and the best service. Our unique Trade Your Way philosophy and technology are seen by many traders as the way forward in a growing algo market. There is increased demand for Delta One and new opportunities coming from MiFID II; at the same time traders are demanding more sophistication in trade execution.” He adds: “We expect growth to come from Europe, North America, and Asia; Hong Kong and Singapore are both interesting areas, with new prop shops becoming very active in pan-Asian systematic trading strategies. We will also continue to grow our presence in mainland China.”

Jean-Marc Delfarguiel commented: “The last few years have been very successful, with exceptional growth for Horizon; increasing numbers of financial institutions around the world want our technology and Sylvain has been the driving force behind our growth, backed by our specialist sales, development, support, marketing and account management teams. He grew our Asian business significantly when he was based in Hong Kong, and has done an exceptional job as head of EMEA. I am delighted that Sylvain has stepped up to the role of CEO and look forward to working with him as we take the company forward to even greater successes.”