Thomson Reuters, Horizon Software Push Joint Chinese Derivatives Platform

The collaboration between the two venues will aim to provide a consolidated destination for derivatives trading participants.

Horizon Software, a global technology provider of electronic trading and investment management solutions, has entered into a joint initiative with Thomson Reuters, in an effort to spearhead a comprehensive derivatives trading platform for the Chinese market, according to a Horizon statement.

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In particular, the new collaboration between the two venues will aim to provide a consolidated destination for derivatives trading participants, thereby supporting a trading platform that is powered by Chinese market data. Horizon entered into the partnership given a burgeoning demand for improved trade execution – additionally, the advent of a growing exchange-traded-fund (ETF) market has also led to an added emphasis in the Chinese market.

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The agreement is important for users and derivatives market participants as it will help strengthen the trading experience for a large swell of new clients in the region.

Clement Pelletier, Horizon Software
Clement Pelletier, Horizon Software

According to Hua He, Head of Market Development, Financial & Risk, China at Thomson Reuters, in a recent statement on the partnership: “To deliver superior derivative trading experience for all participants in the Chinese market, Thomson Reuters and Horizon have joined hands to deliver a powerful and winning combination of trading technology with news, data and research. I look forward to our joint clients quickly benefiting from this collaboration.”

“This is a significant development for derivatives trading in China and we are delighted to announce the collaboration. Our platform allows securities houses in China to trade ETF options, both locally and globally. The platform provides connectivity to all the exchanges in China (SSE, CFFEX, Commodity Exchanges) so our clients have an excellent choice of trading venues,” noted Clement Pelletier, Asia-Pacific (APAC) Sales Director at Horizon, in an accompanying statement.

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