KGI Securities extends use of Horizon trading platform
Horizon Software (Horizon), a global technology provider for electronic trading and investment management, today announced that KGI Securities (Thailand) Plc, Ltd., (KGI), one of the leading securities firms in Asia, will now be using Horizon Automated Trading for increasingly sophisticated trading strategies.
The new deal is in addition to the current implementation of Horizon Delta One, on which the proprietary trading team have relied since 2013.
Enabling both buy-side and sell-side institutions to develop and deploy proprietary algorithmic trading strategies, Horizon Automated Trading is a flexible and robust High Frequency Trading (HFT) solution. It will be used by KGI for creating algos for equity and derivatives trading.
Ekaluck Chaiyaporn, ASEAN Sales Director at Horizon, commented: “KGI’s prop trading team have been using Horizon’s Delta One for the last three years. I am very pleased that they have now chosen to add our Automated Trading solution for their customised trading strategies. Along with the functionality offered by Delta One, KGI will benefit from our algo trading framework (technical indicators, scripting, complex event processing – CEP – tools, etc.), enabling the team to build proprietary systematic trading strategies.”
Jariya Posayajinda, Managing Director, Proprietary Trading Department KGI Securities (Thailand), said: “Our strategic partnership with Horizon and mutual trust have grown steadily since we began working together. Horizon’s platform allows us to be more efficient and we are certain that Horizon will contribute to our continuing expansion and growth.”
Ekaluck added: “Horizon offers flexible implementation models to financial institutions looking for tailor-made algos. We offer clients three choices: having Horizon create algos using the client’s specifications; we can train clients to do their own development; or we can create specific algo structures/skeletons, which allow the client to build advanced trading strategies quickly. Having these options was one of the key reasons KGI Securities chose Horizon Automated Trading.”