16 July 2024 – Paris– USA, Horizon Trading Solutions (Horizon), a leading provider of electronic trading solutions and algorithmic technology for the global capital markets, announced today the launch of mutualized hosting services. This new offering is made possible through a strategic partnership with Transaction Network Services (TNS), a global leader in providing mission-critical infrastructure for financial markets.
By leveraging TNS’ robust hosting and hardware solutions as colocation provider, Horizon now offers on-premise services at the Hong Kong Exchange (HKEX) data center for multiple clients. This partnership enhances Horizon’s service capabilities, which can allow clients to benefit from reduced latency and improved time to market at a competitive price point.
Stephanie Chung, APAC Business Development Manager, TNS Financial Markets, said: “TNS has a long-standing relationship with the Asia Pacific financial markets, which includes partnerships with key institutions such as HKEX, SGX and JPX and extensive coverage across 14 countries and 26 exchanges. Expanding TNS’ commitment and presence in Asia with Horizon gives traders access to these markets quickly and with a lower total cost of ownership.”
Emmanuel Faure, Head of APAC & MENA at Horizon Trading Solutions said: “We are very pleased with our collaboration with TNS. This partnership allows our clients to trade with faster execution times and at a competitive pricing structure, further solidifying our commitment to providing exceptional trading solutions.”
TNS offers a range of connectivity, colocation, cloud, market data and VPN solutions within its Infrastructure-as-a-Service (IaaS) portfolio. For further information visit tnsi.com/solutions/financial/.
ENDS
About Horizon Trading Solutions
Horizon Trading Solutions is an independent global technology company focused on electronic trading, supporting agency and principal businesses across equities and derivatives. For over 20 years, we have equipped the most advanced global capital market players with powerful algorithmic technology and direct connectivity to exchanges and brokers worldwide. Our single multi-asset platform and our unfaltering commitment to client partnership allow us to promise Performance Simplified: making it easy to be the best in trading. https://horizontrading.io/
About Transaction Network Services (TNS)
Founded in 1990 and with headquarters in the USA and offices across Europe and Asia, TNS is a leading provider of mission-critical infrastructure, connectivity, market data and analytic services for the Financial Markets community. Delivered as a fully managed Infrastructure-as-a-Service offering, TNS provides an unrivalled, global, mission-critical footprint that can significantly help reduce the burdens, complexities and costs attributed to firms ‘going direct’. Through its ultra-low latency connectivity, its global market data offerings and its dedicated 24x7x365 local support, TNS remains the trusted solution provider to more than 750 counterparties globally.
TNS Media Contacts:
Finn Partners
Taylor Trovillion
+1 312 329 3983
TNS@FinnPartners.com
Or
TNS
Clare Cockroft/Bronte Saulle
703-814-8065
pr@tnsi.com
