KISA Deploys Horizon for Derivative Warrants Market Making on HKEX
14, December 2023: Paris & Hong Kong: Horizon Software (Horizon), provider of electronic trading solutions and algorithmic technology for the global capital markets, announced the successful go live of Korea Investment & Securities Asia Limited (KISA) with Horizon for Derivative Warrants Market Making (MM) on The Hong Kong Exchange (HKEX). As our longstanding ETF Market Maker customer, KISA has been utilizing Hosted and Managed Services on H3 since March 2021.
KISA’s debut on Derivative Warrants MM includes the introduction of its first two derivative warrants linked to the single stock shares of HKEX (388.HK) and China Mobile (941.HK). Notably, KISA is now the second new entrant in the Hong Kong listed structured products market this year and the first Korean issuer to join the Hong Kong derivative warrants market.
Jangwon SEO, Head of Global Derivatives at KISA said, “We are delighted with the successful implementation of the Horizon System for derivative warrants market making on HKEX . We have full confidence that the utilization of the Horizon System will further augment our trading capabilities, enabling us to achieve greater success and expand our market presence in Hong Kong’s derivative warrants space”.
Emmanuel Faure, Head of APAC Sales at Horizon Software, added: ” Congratulations to KISA on this successful deployment. The collaboration between Horizon and KISA not only underscores our commitment to providing reliable and efficient technology solutions but also reflects the ongoing dedication to fostering innovation within the trading landscape. We look forward to supporting KISA in their continued success in the Hong Kong market.”
About Horizon Software:
Horizon, a global leading vendor in Market Making, Agency Trading, and Algo Trading Technology, has empowered capital market players for over two decades by building powerful algorithmic technology into its electronic trading platform and offering trading opportunities through direct connectivity to more than 80 exchanges worldwide. Horizon, a B Corp certified company, enables clients to quickly create, test and implement automated trading strategies in real-time, in line with its ‘Trade Your Way” philosophy. Its platform can be easily integrated with rich APIs and allows proprietary strategies to be built while keeping traders’ code confidential.
More information: www.hsoftware.com
About Korea Investment & Securities Co., Ltd. :
Korea Investment & Securities Co., Ltd. is one of the largest securities companies in South Korea, offering financial services including securities trading, brokerage, underwriting, online trading, commercial papers, and asset management services. Korea Investment & Securities serves customers in South Korea and the Asian regions. For more information about Korea Investment & Securities Co., Ltd. , please visit the website at https://www.truefriend.com/eng/main.jsp
For more information about KISA’s derivative warrants, please visit the website at https://kisasiawarrants.com/en/index