BCS Financial Group Selects Horizon Software for Russian Derivatives Market-Making
- Horizon Software will provide the Russian BCS Financial Group with Delta One and Option Trader, its market-making platform, which includes native exchange connectivity to numerous exchanges throughout Europe.
BCS Financial Group, the largest trader in Russia for Equities, FX and Derivatives, announced today that it has selected Horizon Software to launch its derivatives market-making and distribution activities.
Horizon will provide BCS Financial Group with Delta One and Option Trader, its market-making platform, which includes native exchange connectivity to numerous exchanges throughout Europe. Horizon’s flexible APIs will allow the market-making platform to be seamlessly integrated into the Russian group’s existing infrastructure.
Matthieu Ressencourt, Head of Equity Derivatives Trading at BCS Financial Group, commented on the announcement: “We went through a selection process to determine the best platform to support our business. Horizon was the clear choice, both from a functionality and technology perspective. They were able to implement the platform in a few weeks, allowing us to meet our tight deadlines. We use the platform to its full potential for quoting, auto-hedging, electronic eye, real-time Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term and connectivity to exchanges in order to provide a better service to our existing clients. BCS Financial Group will also benefit from Horizon’s latest developments on sophisticated Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term management, as well as embedded volatility and pricing models.”
offers financial services firms connectivity to global financial instruments through its suite of trading terminals, specializing in trading terminals for options market-making. The firm was founded in 1998 and has offices across the globe, including Paris, Hong Kong, London, New York and Bangkok.
Sylvain Thieullent, CEO of Electronic Trading EMEA and Americas at Horizon Software, commented: “Our Company has 15 years experience working with financial institutions on market-making projects across various countries and regions. This experience has helped us win BCS Financial Group and to get them up-and-running very quickly in numerous markets. This deal also reinforces our presence in Eastern Europe and Russia in particular, a key region where Horizon is investing substantially to serve its clients.”
BCS Financial Group, the largest trader in Russia for Equities, FX and Derivatives, announced today that it has selected Horizon Software to launch its derivatives market-making and distribution activities.
Horizon will provide BCS Financial Group with Delta One and Option Trader, its market-making platform, which includes native exchange connectivity to numerous exchanges throughout Europe. Horizon’s flexible APIs will allow the market-making platform to be seamlessly integrated into the Russian group’s existing infrastructure.
Matthieu Ressencourt, Head of Equity Derivatives Trading at BCS Financial Group, commented on the announcement: “We went through a selection process to determine the best platform to support our business. Horizon was the clear choice, both from a functionality and technology perspective. They were able to implement the platform in a few weeks, allowing us to meet our tight deadlines. We use the platform to its full potential for quoting, auto-hedging, electronic eye, real-time Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term and connectivity to exchanges in order to provide a better service to our existing clients. BCS Financial Group will also benefit from Horizon’s latest developments on sophisticated Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term management, as well as embedded volatility and pricing models.”
offers financial services firms connectivity to global financial instruments through its suite of trading terminals, specializing in trading terminals for options market-making. The firm was founded in 1998 and has offices across the globe, including Paris, Hong Kong, London, New York and Bangkok.
Sylvain Thieullent, CEO of Electronic Trading EMEA and Americas at Horizon Software, commented: “Our Company has 15 years experience working with financial institutions on market-making projects across various countries and regions. This experience has helped us win BCS Financial Group and to get them up-and-running very quickly in numerous markets. This deal also reinforces our presence in Eastern Europe and Russia in particular, a key region where Horizon is investing substantially to serve its clients.”