On Thursday, Horizon Software, which provides technology in the financial services industry, announced the opening of a new office in Singapore. Additionally, the company has a presence in France, Canada, Hong Kong, China and Thailand.
The location of the new office is strategic, aiming to bolster the sales of the company in the Asia Pacific region. The company already has five clients located in Singapore and is expecting a growth in APAC clients.
“We are proud to officially announce the opening of our new office in Singapore, as a result of a remarkable growth in the region,” said Horizon Software’s CEO, Sylvain Thieullent.
The offerings of Horizon include technology solutions in market making, agency trading and algo trading
Algo Trading
Algo trading sometimes referred to as algo, may be defined as computerized trading that employs proprietary algorithms or pre-programmed commands that are tailored to take into consideration variables like price, volume, and timing. First introduced in American financial markets in the 1970s, algo-trading is generally utilized in trading scenarios such as arbitrage, trend trading strategies, and order execution while approximately 60% of all trades were executed by computers in 2010. Today, algo trading can be classified into the following two categories: Algo Execution Trading occurs when an order (generally a large order) is conducted via an algo trade. Since algo programs are engineered to secure the best possible price, algo execution trading may divide the trade into smaller fragments and place trades at varying times. You can think of algo execution trading as performing a set order trade. High-frequency trading (HFT) is a style of algo trading that seeks to capitalize on small trading opportunities within the market, where tens of thousands of trades can occur per second. Type of Algo TradersAlgo trading provides traders with a more systematic trading approach as opposed to manual trading while the majority of algo trading occurs in the form of high-frequency trading. Given the versatility of algo trading, it is used by a myriad of traders. Short-term traders tend to gravitate towards algo trading where arbitrageurs and brokerage houses not only benefit from automated trading execution but also by the generation substantial liquidity created through algo trading. Algo trading performed by medium to long-term traders tend to acquire large sums of stock where traders aim not to cause disturbances or volatility with anonymous, large-volume trades. Trend followers, forex traders, and hedge funds use algo trading systematically to benefit from increased trade efficiency and through automated trade execution as opposed to instinctual-based investing.Common algo trading strategies used include index fund rebalance, mean reversion, time-weighted average price, volume-weighted average price, and percentage of volume.
Algo trading sometimes referred to as algo, may be defined as computerized trading that employs proprietary algorithms or pre-programmed commands that are tailored to take into consideration variables like price, volume, and timing. First introduced in American financial markets in the 1970s, algo-trading is generally utilized in trading scenarios such as arbitrage, trend trading strategies, and order execution while approximately 60% of all trades were executed by computers in 2010. Today, algo trading can be classified into the following two categories: Algo Execution Trading occurs when an order (generally a large order) is conducted via an algo trade. Since algo programs are engineered to secure the best possible price, algo execution trading may divide the trade into smaller fragments and place trades at varying times. You can think of algo execution trading as performing a set order trade. High-frequency trading (HFT) is a style of algo trading that seeks to capitalize on small trading opportunities within the market, where tens of thousands of trades can occur per second. Type of Algo TradersAlgo trading provides traders with a more systematic trading approach as opposed to manual trading while the majority of algo trading occurs in the form of high-frequency trading. Given the versatility of algo trading, it is used by a myriad of traders. Short-term traders tend to gravitate towards algo trading where arbitrageurs and brokerage houses not only benefit from automated trading execution but also by the generation substantial liquidity created through algo trading. Algo trading performed by medium to long-term traders tend to acquire large sums of stock where traders aim not to cause disturbances or volatility with anonymous, large-volume trades. Trend followers, forex traders, and hedge funds use algo trading systematically to benefit from increased trade efficiency and through automated trade execution as opposed to instinctual-based investing.Common algo trading strategies used include index fund rebalance, mean reversion, time-weighted average price, volume-weighted average price, and percentage of volume.
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The purpose of the new office is to focus on client service, support regional growth traction and increase the company’s visibility in the region.
“Horizon has always been a customer-centric business, with solid and out-of-the-box financial solutions. We want our clients to have the best possible experience and with the opening of the new office, we will be able to meet the growing needs of our clients in APAC more efficiently, while providing them with the highest level of service,” Thieullent added.
The APAC Financial Hub
Singapore has established itself as a financial hub. Thus, companies within the financial services industry are finding added incentives in establishing a base in the city-state. Earlier, Tools for Brokers opened a Singapore office to strengthen its position in the region.
On top of that, Horizon decided to move its ASEAN sales manager, Michael Lim from the Bangkok office to Singapore to strengthen the position of the new office.
“This is a very exciting step for Horizon Software after being present for more than 20 years in APAC,” said Emmanuel Faure, Horizon’s Head of Sales in the APAC region.
“We have been working very closely with SGX and the Singapore financial community, and this move will allow us to answer all our client needs, from market making to algo trading and order management in the region.”
On Thursday, Horizon Software, which provides technology in the financial services industry, announced the opening of a new office in Singapore. Additionally, the company has a presence in France, Canada, Hong Kong, China and Thailand.
The location of the new office is strategic, aiming to bolster the sales of the company in the Asia Pacific region. The company already has five clients located in Singapore and is expecting a growth in APAC clients.
“We are proud to officially announce the opening of our new office in Singapore, as a result of a remarkable growth in the region,” said Horizon Software’s CEO, Sylvain Thieullent.
The offerings of Horizon include technology solutions in market making, agency trading and algo trading
Algo Trading
Algo trading sometimes referred to as algo, may be defined as computerized trading that employs proprietary algorithms or pre-programmed commands that are tailored to take into consideration variables like price, volume, and timing. First introduced in American financial markets in the 1970s, algo-trading is generally utilized in trading scenarios such as arbitrage, trend trading strategies, and order execution while approximately 60% of all trades were executed by computers in 2010. Today, algo trading can be classified into the following two categories: Algo Execution Trading occurs when an order (generally a large order) is conducted via an algo trade. Since algo programs are engineered to secure the best possible price, algo execution trading may divide the trade into smaller fragments and place trades at varying times. You can think of algo execution trading as performing a set order trade. High-frequency trading (HFT) is a style of algo trading that seeks to capitalize on small trading opportunities within the market, where tens of thousands of trades can occur per second. Type of Algo TradersAlgo trading provides traders with a more systematic trading approach as opposed to manual trading while the majority of algo trading occurs in the form of high-frequency trading. Given the versatility of algo trading, it is used by a myriad of traders. Short-term traders tend to gravitate towards algo trading where arbitrageurs and brokerage houses not only benefit from automated trading execution but also by the generation substantial liquidity created through algo trading. Algo trading performed by medium to long-term traders tend to acquire large sums of stock where traders aim not to cause disturbances or volatility with anonymous, large-volume trades. Trend followers, forex traders, and hedge funds use algo trading systematically to benefit from increased trade efficiency and through automated trade execution as opposed to instinctual-based investing.Common algo trading strategies used include index fund rebalance, mean reversion, time-weighted average price, volume-weighted average price, and percentage of volume.
Algo trading sometimes referred to as algo, may be defined as computerized trading that employs proprietary algorithms or pre-programmed commands that are tailored to take into consideration variables like price, volume, and timing. First introduced in American financial markets in the 1970s, algo-trading is generally utilized in trading scenarios such as arbitrage, trend trading strategies, and order execution while approximately 60% of all trades were executed by computers in 2010. Today, algo trading can be classified into the following two categories: Algo Execution Trading occurs when an order (generally a large order) is conducted via an algo trade. Since algo programs are engineered to secure the best possible price, algo execution trading may divide the trade into smaller fragments and place trades at varying times. You can think of algo execution trading as performing a set order trade. High-frequency trading (HFT) is a style of algo trading that seeks to capitalize on small trading opportunities within the market, where tens of thousands of trades can occur per second. Type of Algo TradersAlgo trading provides traders with a more systematic trading approach as opposed to manual trading while the majority of algo trading occurs in the form of high-frequency trading. Given the versatility of algo trading, it is used by a myriad of traders. Short-term traders tend to gravitate towards algo trading where arbitrageurs and brokerage houses not only benefit from automated trading execution but also by the generation substantial liquidity created through algo trading. Algo trading performed by medium to long-term traders tend to acquire large sums of stock where traders aim not to cause disturbances or volatility with anonymous, large-volume trades. Trend followers, forex traders, and hedge funds use algo trading systematically to benefit from increased trade efficiency and through automated trade execution as opposed to instinctual-based investing.Common algo trading strategies used include index fund rebalance, mean reversion, time-weighted average price, volume-weighted average price, and percentage of volume.
Read this Term.
The purpose of the new office is to focus on client service, support regional growth traction and increase the company’s visibility in the region.
“Horizon has always been a customer-centric business, with solid and out-of-the-box financial solutions. We want our clients to have the best possible experience and with the opening of the new office, we will be able to meet the growing needs of our clients in APAC more efficiently, while providing them with the highest level of service,” Thieullent added.
The APAC Financial Hub
Singapore has established itself as a financial hub. Thus, companies within the financial services industry are finding added incentives in establishing a base in the city-state. Earlier, Tools for Brokers opened a Singapore office to strengthen its position in the region.
On top of that, Horizon decided to move its ASEAN sales manager, Michael Lim from the Bangkok office to Singapore to strengthen the position of the new office.
“This is a very exciting step for Horizon Software after being present for more than 20 years in APAC,” said Emmanuel Faure, Horizon’s Head of Sales in the APAC region.
“We have been working very closely with SGX and the Singapore financial community, and this move will allow us to answer all our client needs, from market making to algo trading and order management in the region.”