Horizon Software Upgrades Delta One Trading System to Support ETFs
Horizon Software announces the release of a new version of Horizon Trading Platform.
According to the Ernst and Young Global ETF Survey, the global ETF market will continue to grow in 2015 to hit $5 trillion a year in the next three to five years. To answer this anticipated growth, Horizon has added functionalities to its Delta One trading product to support market making in cash, futures, ETFs and other listed products.
Horizon for Delta One offers intuitive functionalities for spot customization, quoting and hedging, as well as for implementing trading strategies, such as statistical and index arbitrage, and market making for Delta One Products such as futures, ETFs, CFDs, etc.
“The ETF market is going through rapid expansion, but competition is becoming more intense as ETF providers need to launch fewer ETFs but with better hit-rate and liquidity,” says Sylvain Thieullent, CEO of electronic trading at Horizon Software. “So the industry is more complex than ever, and the need for a functionally-rich and sophisticated solution has never been greater. Clearly market participants need to have the right trading tools to be able to compete.”
Horizon Software first deployed ETF market making and algo-trading capabilities in China in 2013.
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