Horizon
Software, an algorithmic and electronic trading technology solution provider for
global capital markets, has announced its certification on the Montreal Exchange
(MX).
According
to Tuesday’s press release sent to Finance Magnates, the certification
allows Horizon’s clients to trade exchange-traded derivatives, such as equity,
index, currency options, and interest rate derivatives, on the MX platform.
Horizon is
now equipped to offer connectivity to any financial institution interested in
trading on the MX, providing support for workflows like committed orders,
orders for strategies trading via implied, basis trade on close instruments,
pre-arranged trade workflows, and stop orders.
Robert
Tasca, the Managing Director of Derivatives Products and Services at MX, stated
that the Montreal Exchange is delighted to certify Horizon Software as MX’s new
independent software vendor (ISV).
“MX is
constantly exploring fresh opportunities to expand our global client base and
execute our long-term, sustainable growth strategy,” Tasca added.
For over two
decades, Horizon has been strengthening the position of capital market
participants by incorporating algorithmic technology into its electronic
trading platform and enabling trading opportunities via direct access to over
80 exchanges globally.
“Achieving
this certification marks a significant milestone in our expansion strategy
within the Canadian market and our OMS suite of offerings. This certification
showcases Horizon’s dedication to providing clients with innovative trading
solutions and state-of-the-art technology,” Isabelle Dominjon, the Business
Development Manager at Horizon Software, commented.
New Markets, Partnerships
and Promotions for Horizon Software
Two weeks
ago, Horizon Software announced its new connectivity to the Singapore Exchange
(SGX Group) within six months of its official launch in Singapore. The direct
link with the SGX Group enables Horizon customers to engage with and transact
across various financial markets and create a market for exchange-traded funds
(ETFs). Moreover, they will be able to execute hedging strategies more rapidly
and effectively.
In January,
the algorithmic and electronic trading technology solution provider presented the cross-asset
electronic platform Horizon Extend. Horizon Extend empowers customers to tailor
pricing models and hedging tools, streamline processes, and foster a more
adaptable and transparent trading ecosystem. In addition, the platform facilitates the
creation of sophisticated routing regulations for direct market access (DMA)
and allows clients to oversee trading risk and compliance .
At the end
of last year, the company announced that the brokerage arm of Santander Bank
Polska became the first Introducing Market Makers on Horizon’s platform for the
‘Global Connect’ equity market organized by the Warsaw Stock Exchange (WSE). During
the same period, Horizon Software promoted Francois-Xavier Detourniere to the position
of Head of Product Management.
FMA flags
CFDs broker and AI in portfolio management, read today’s
news nuggets.
Horizon
Software, an algorithmic and electronic trading technology solution provider for
global capital markets, has announced its certification on the Montreal Exchange
(MX).
According
to Tuesday’s press release sent to Finance Magnates, the certification
allows Horizon’s clients to trade exchange-traded derivatives, such as equity,
index, currency options, and interest rate derivatives, on the MX platform.
Horizon is
now equipped to offer connectivity to any financial institution interested in
trading on the MX, providing support for workflows like committed orders,
orders for strategies trading via implied, basis trade on close instruments,
pre-arranged trade workflows, and stop orders.
Robert
Tasca, the Managing Director of Derivatives Products and Services at MX, stated
that the Montreal Exchange is delighted to certify Horizon Software as MX’s new
independent software vendor (ISV).
“MX is
constantly exploring fresh opportunities to expand our global client base and
execute our long-term, sustainable growth strategy,” Tasca added.
For over two
decades, Horizon has been strengthening the position of capital market
participants by incorporating algorithmic technology into its electronic
trading platform and enabling trading opportunities via direct access to over
80 exchanges globally.
“Achieving
this certification marks a significant milestone in our expansion strategy
within the Canadian market and our OMS suite of offerings. This certification
showcases Horizon’s dedication to providing clients with innovative trading
solutions and state-of-the-art technology,” Isabelle Dominjon, the Business
Development Manager at Horizon Software, commented.
New Markets, Partnerships
and Promotions for Horizon Software
Two weeks
ago, Horizon Software announced its new connectivity to the Singapore Exchange
(SGX Group) within six months of its official launch in Singapore. The direct
link with the SGX Group enables Horizon customers to engage with and transact
across various financial markets and create a market for exchange-traded funds
(ETFs). Moreover, they will be able to execute hedging strategies more rapidly
and effectively.
In January,
the algorithmic and electronic trading technology solution provider presented the cross-asset
electronic platform Horizon Extend. Horizon Extend empowers customers to tailor
pricing models and hedging tools, streamline processes, and foster a more
adaptable and transparent trading ecosystem. In addition, the platform facilitates the
creation of sophisticated routing regulations for direct market access (DMA)
and allows clients to oversee trading risk and compliance .
At the end
of last year, the company announced that the brokerage arm of Santander Bank
Polska became the first Introducing Market Makers on Horizon’s platform for the
‘Global Connect’ equity market organized by the Warsaw Stock Exchange (WSE). During
the same period, Horizon Software promoted Francois-Xavier Detourniere to the position
of Head of Product Management.
FMA flags
CFDs broker and AI in portfolio management, read today’s
news nuggets.
