
Maybank Sekuritas goes live with Horizon for Warrant Market Making
05 September 2023, Paris & Jakarta: Today, Horizon Software (Horizon), provider of electronic trading solutions and algorithmic technology for the global capital markets, announces that Maybank Sekuritas has deployed Horizon’s Platform for Warrants Market Making.
The Horizon platform for Warrant Market Making empowers Maybank Sekuritas to deliver an enhanced trading experience to clients, combining Horizon’s advanced technology with Maybank Sekuritas’s market expertise. This collaboration enables seamless execution, comprehensive risk management, and real-time market monitoring, facilitating efficient and accurate warrant market making operations.
This announcement represents one of the first clients to go live with Horizon’s warrant market making feature in Indonesia. Maybank Sekuritas has introduced 30 structured warrants on the Horizon platform to date, utilizing Horizon’s innovative technology offering to provide an overall better trading experience for clients in the region.
Stefany Chew, Manager, Equity & Commodity Derivatives Indonesia at Maybank Sekuritas said, “We were able to increase our capacity and capability to provide structured warrants market-making in Indonesia, thanks to Horizon’s platform. As the demand for our structured warrants is picking up, it is imperative that we continue enhancing the features to ensure a seamless market-making experience and boost our confidence in listing more structured warrant series in Indonesia.”
Emmanuel Faure, Head of APAC Sales at Horizon Software, added, “We are pleased to be Maybank’s Partner in Indonesia. As a result of this partnership, Horizon is the first provider to deploy our latest solution to help them quote and trade structured warrants actively in on the Indonesia Stock Exchange. Ultimately, this demonstrates a key pillar of our growth strategy, providing customers with access to cutting-edge technology to better service their clients on a global scale.”
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 Maybank Investment Banking Group (Maybank IBG)
Maybank Investment Banking Group (Maybank IBG) is the investment banking arm of Maybank, one of Asia’s leading banking groups and ASEAN’s fourth largest bank by assets. Maybank IBG is ASEAN’s leading homegrown investment banking group with deep capabilities in investment banking and advisory services, retail and institutional securities broking, research, derivatives and prime broking, and with full-fledged operations and research teams in six ASEAN markets—Malaysia, Singapore, Thailand, Indonesia, the Philippines, and Vietnam—and is also present in Hong Kong, India, and the UK. Maybank IBG has won over 1,000 awards since its formation for retail and institutional brokerage, research, investment banking, custodian services, sustainability-linked transactions, and Islamic financing. It seeks to be the force for equitable prosperity and to become ASEAN’s leading sustainability-first investment bank by Humanising Financial Services.
About Maybank Sekuritas
Maybank Sekuritas is part of Maybank IBG and offers services in retail and institution brokerages, investment banking & advisory, structured warrants, and research in Indonesia.
For more information, please visit our website at bit.ly/MaybankSekuritas