Horizon Software, innovative provider of front end trading solutions, today announced the availability of its new DMA to Australia's largest exchange, ASX Group.
ASX Group is the brand name for ASX Limited. It was created by the merger of the Australian Stock Exchange and the Sydney Futures Exchange in July 2006 and is today one of the world's top 10 listed exchange groups measured by market capitalisation.
Sylvain Thieullent Head of Sales at Horizon Software, says "Being connected to ASX is an important step in starting our operations in Australia and we put a lot of effort to deliver a low latency gateway to support market participants. Horizon Software is one of the few vendors to be certified for both platforms ASX Trade and ASX Trade24."
Horizon Software is delighted to now propose its full suite of electronic trading solutions to investment banks, hedge funds and brokers in Australia.
"Our hard work with ASX has been very successful. This should result in a promising use of our high-frequency trading solutions such as Horizon Algo Trader on this fast-growing market" adds Sylvain Thieullent.
This new connectivity solution will give Horizon the opportunity to extend its number of market connections, already covering 35 exchanges at the most important financial centres in Asia, Europe and America.