27 April 2022, Paris. Horizon Trading Solutions, a global leading vendor in Market Making and Algo Trading Technology, announces today the expansion of its trading platform to include Low-Touch Direct Market Access (DMA) order routing. Horizon is enhancing its capabilities to enable handling of high-volume order flows from clients to the market. This represents a continuation of the effort to improve the handling of client order flow for agency trading, on a single platform for both cash and derivatives.
The DMA router integrates with Horizon’s existing connectivity offering, to efficiently route High-Touch order flow to Horizon’s Order Management System (OMS), and Low-Touch order to the breadth of direct market connectivity solutions supported by Horizon, including Horizon Execution services and buy-side FIX network access.
This new DMA capability comes with more advanced & customizable order routing, and monitoring features for the traders, including handling of exceptional and error cases to ensure client orders always reach their intended destination.
This new capability also paves the way for Horizon to offer Direct Strategy Access (DSA) later this year, to enable client orders to better execute against the market. This will also mean that Horizon’s partners can offer clients access to third party strategies, inside of a white-label offering, simplifying the process of entering algo orders for the traders.
Vincent Dumontoy, Global Head of Product Management at Horizon Trading Solutions explains: “DMA order entry is now a required feature for our customers that want to ensure their clients orders are routed to their destination with full customization, minimum latency, even under high-volume.”
Gaetan Vaysse, Senior Lead Developer at Horizon Trading Solutions adds: “This project is a step forward in extending our technical capabilities for high-volume order entry, and paves the way for further improvements for the handling of our partners order flows.”
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/
