SCB Securities, a unit of Siam Commercial Bank, will use the latest version of Horizon Software’s electronic trading platform for derivatives trading on The Stock Exchange of Thailand (SET) and the Thailand Futures Exchange (TFEX).
"We were looking to upgrade to a new trading platform to support our growing trading room," said M.L. Thongmakut Thongyai, chief executive officer of SCB Securities, in a statement.
The prime broker will use Horizon's platform for advanced warrant market making and delta one trading activities on the SET and TFEX.
"Horizon's ‘Trade Your Way' technology gives us the trading flexibility we need; the extensive functionality of the platform has already resulted in us looking to expand the scope of our work with them," Thongyai added.
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