14, December 2023: Paris & Hong Kong: Horizon Trading Solutions (Horizon), provider of electronic trading solutions and algorithmic technology for the global capital markets, announced the successful go live of Korea Investment & Securities Asia Limited (KISA) with Horizon for Derivative Warrants Market Making (MM) on The Hong Kong Exchange (HKEX). As our longstanding ETF Market Maker customer, KISA has been utilizing Hosted and Managed Services on H3 since March 2021.
KISA’s debut on Derivative Warrants MM includes the introduction of its first two derivative warrants linked to the single stock shares of HKEX (388.HK) and China Mobile (941.HK). Notably, KISA is now the second new entrant in the Hong Kong listed structured products market this year and the first Korean issuer to join the Hong Kong derivative warrants market.
Jangwon SEO, Head of Global Derivatives at KISA said, “We are delighted with the successful implementation of the Horizon System for derivative warrants market making on HKEX . We have full confidence that the utilization of the Horizon System will further augment our trading capabilities, enabling us to achieve greater success and expand our market presence in Hong Kong’s derivative warrants space”.
Emmanuel Faure, Head of APAC Sales at Horizon Trading Solutions, added: ” Congratulations to KISA on this successful deployment. The collaboration between Horizon and KISA not only underscores our commitment to providing reliable and efficient technology solutions but also reflects the ongoing dedication to fostering innovation within the trading landscape. We look forward to supporting KISA in their continued success in the Hong Kong market.”
About Horizon Trading Solutions
Horizon Trading Solutions is an independent global technology company specializing in electronic trading, supporting agency and principal businesses across equities, derivatives, and virtual assets. For over 20 years, we have empowered the world’s leading capital market participants with cutting-edge algorithmic technology and direct exchange connectivity. Our multi-asset platform and deep commitment to client success allow us to deliver Performance Simplified: making it easy to excel in trading. https://horizontrading.io/
About Korea Investment & Securities Co., Ltd. :
Korea Investment & Securities Co., Ltd. is one of the largest securities companies in South Korea, offering financial services including securities trading, brokerage, underwriting, online trading, commercial papers, and asset management services. Korea Investment & Securities serves customers in South Korea and the Asian regions. For more information about Korea Investment & Securities Co., Ltd. , please visit the website at https://www.truefriend.com/eng/main.jsp
For more information about KISA’s derivative warrants, please visit the website at https://kisasiawarrants.com/en/index
