New features spotlight:
advancing trading innovation
At Horizon Trading Solutions, research, development, and innovation are the foundation of everything we build. This commitment ensures clients have access to the latest advancements in trading technology. Over the past quarter, significant resources have been dedicated to enhancing the platform, introducing new features designed to address evolving market demands.
A relentless focus on R&D drives the creation of high-performance solutions, enabling users to navigate dynamic markets with confidence. These updates mark another step forward in delivering cutting-edge functionality and maintaining a competitive edge.
Discover the highlights of what's new:
OMS
To manage a large number of orders more effectively, we have introduced dynamic search capabilities in our Low Touch Monitoring view. You can easily create tabs for the orders you want to monitor (e.g., Rejected Orders, Exceptions) or use our dynamic search bar to enter your criteria. For more advanced filtering, you can also directly input SQL-like or Google-like queries. To improve efficiency, our Low Touch Monitoring view applies pagination, ensuring that only the data you want to monitor is loaded.
To ensure quick and efficient decision-making during critical moments, Horizon Notify sends alerts concerning any technical issues (e.g., FIX connection disruptions), business events, pre-trade risk and IOI. Notifications are delivered as popups on the user’s screens and can also be delivered via email or Teams. Easily customize the email template (layout and content) and choose your preferred delivery frequency (real-time or batch).
Tailor the order dialog layout to match your workflow with the new Layout Editor. Rearrange and customize fields, add real-time market data widgets, and double-click prices to auto-fill them for faster order placement. Create distinct layouts for different order types, such as care orders or child orders, and seamlessly access your brokers’ algos. Future updates will include automation capabilities, allowing fields to auto-populate based on selected parameters for an even smoother user experience.
Directly from your order monitor, attached to your High Touch orders and/or Low Touch algo orders, access benchmarks calculated on the fly to compare how orders were executed relative to the market. For a more in-depth analysis, the Order Benchmarks widget provides additional benchmarks such as VWAP, arrival price, market volume since order time, and much more. This enables you to optimize order execution strategy and effectively communicate order performance to your clients.
Horizon Extend
Horizon provides a metric to detect liquidity changes in instruments, enabling custom algorithms to adapt execution strategies to current market conditions and capitalize on these fluctuations.
The Custom Safety Rules functionality enhances security and customization options. Tailored pre-trade safety rules can now be created, leveraging external data to refine risk management. The introduction of data safety segregation allows distinct safety rules for each client, even when multiple clients connect to the same broker. Key statistics are accessible via a REST API, enabling effortless integration into workflows for improved decision-making
Market Making
The implementation of asynchronous pre-trade safety rules has reduced processing time by 70%, enabling faster execution and improved responsiveness.
The depth replication feature enhances CFD trading strategies by allowing depth limits to be replicated across multiple instruments and exchanges. This improvement supports consistent performance and effective risk management.
Our new low-latency architecture integrates market-making logic into the gateway for improved performance. Latency monitoring provides real-time tracking and detailed insights, enabling precise analysis of latency fluctuations and better system optimization.
Connectivity
New connectivity to Qatar Exchange now supports market data, order management, and mass quoting. Additionally, Horizon provides market feed indices and iNavs for ADX ETFs.
The European market presence has been expanded with Bern connectivity and enhanced SIX connectivity, featuring quoting management and intelligent queuing for improved execution control
Mass quoting functionality has been enabled through the integration of Ouch technology. This enhancement strengthens Horizon’s global exchange connectivity capabilities.
Technology
The integration with the Azul platform boosts Horizon's performance by reducing latency, improving transaction speed, and enabling high-frequency trading across markets.
