Horizon Software, a technology provider for electronic trading and investment management, today announced a partnership with Neo & Partners Global (NPG), a Singapore-based provider of smart electronic trading ecosystems, termed ‘The Trading-Atrium’.
The partnership reinforces the island’s position as a leading international financial trading hub and serves to facilitate automated trading in the region for its clients.
Finance Magnates last reported on Horizon last August after it entered into a partnership with Thailand based brokerage KGI Securities, which enlisted Horizon to develop its own proprietary algos aimed at the equities and derivatives markets.
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High-Frequency Trading Solution
Eric Neo Say Wei, Chief Executive Officer at Neo & Partners Global, commented: “We are delighted to be able to offer Horizon’s state-of-the-art technology and we expect quick results for our clients. Part of our company’s core values is to be at the forefront of innovation and this is the reason why Horizon’s leading platform was a natural choice for us.”
Horizon’s Platform for Automated Trading (HPAT), a flexible and robust High-Frequency Trading (HFT) solution will now be available through NPG’s Trading-Atrium, a multi-asset, ultra-low latency trading, broker-neutral platform.
The joint Horizon/NPG clients will immediately benefit from reduced costs, access to advanced hardware and ultra-low latency trading networks, exchanges and liquidity pools, multi-asset clearing broker panel and professional services.
Clement Pelletier, APAC Sales Director at Horizon Software, added: “Our work with NPG is a key part of Horizon’s focus on Asia. Automated trading has developed very quickly in the region and we are very excited to be able to provide our clients with the best trading environment and capabilities possible. We make R&D and innovation our priority and NPG’s offering really embraces our philosophy of ‘Trade Your Way’. We are very much looking forward to the opportunities which will arise from this new strategic alliance in Asia.”