As Exchange Traded Funds (ETFs) are still out-growing the wider asset management industry, Horizon Software has released a new version of its trading platform for electronic trading and market making to support growth in different types of Delta One products, including ETFs.
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.
While at Sibos Toronto, James shares some interviews covering topics on blockchain, fintechs and cybersecurity.Subscribe to Weekly Wrap emails