Thailand based brokerage KGI Securities has entered a partnership agreement with Horizon Software, a company which is delivering sophisticated electronic trading software. The solution which the brokerage will be using is called Horizon Automated Trading. The software enables advanced algorithmic trading strategies for the proprietary trading arm of KGI.
KGI’s prop trading team have been using Horizon’s Delta One for the last three years
The Managing Director of the Proprietary Trading Department of KGI Securities (Thailand), Jariya Posayajinda, said: “Our strategic partnership with Horizon and mutual trust have grown steadily since we began working together. Horizon’s platform allows us to be more efficient and we are certain that Horizon will contribute to our continuing expansion and growth.”
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“We offer clients three choices: having Horizon create algos using the client’s specifications; we can train clients to do their own development; or we can create specific algo structures/skeletons, which allow the client to build advanced trading strategies quickly,” Posayajinda explained.
A Powerful HFT Product
In its core Horizon Automated Trading is a high frequency trading (HFT) solution. The trading teams at KGI will be using it to develop their own proprietary algos aiming at the equities and derivatives markets.
The solution enables both the buy-side and sell-side institutions to use advanced algorithmic trading. The solution is supporting cross-asset and cross-product trading strategies involving deals on cash and derivatives markets.
Commenting on the partnership the ASEAN region, the sales director at Horizon, said: “KGI’s prop trading team have been using Horizon’s Delta One for the last three years. Along with the functionality offered by Delta One, KGI will benefit from our algo trading framework (technical indicators, scripting, complex event processing – CEP – tools, etc.), enabling the team to build proprietary systematic trading strategies.”