ULLINK, a trading and connectivity solutions provider, has had its electronic trading platform integrated by full-service investment company, Daewoo Securities Hong Kong (KDB), according to a ULLINK statement.
The new accord between the two firms helps KDB Daewoo tap into an ULLINK’s comprehensive electronic trading platform, helping provide a low latency solution that caters to its High Frequency Trading (HFT) clientele.
ULLINK has worked closely with KDB Daewoo, ensuring the most customized and optimized solutions for its HFT clients – Moreover, KDB Daewoo also enhanced its ULLINK solutions package by further assimilating its advanced trading solutions to manage client its DMA orders.
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According to James Park, Associate Director for Execution Sales at Daewoo in a recent statement on the provision, “We are very confident in ULLINK’s strong local support and proven technology. ULLINK will fully support all our technology platform needs, so that we can focus on the expansion of our Asian business”.
“We are very pleased to provide Daewoo with what we believe to be the most integrated low latency platform available. We will continue to collaborate on innovative solutions with Daewoo as their business diversifies and grows across Asia,” added Philippe Thomas, Managing Director at ULLINK Asia in an accompanying statement.
Last month, ULLINK underwent a notable personnel move, having lost its CEO, Laurent Useldinger, who parted ways solutions provider, snapping a fourteen-year stint.