Horizon Software Opens New Office in Shanghai to Pursue Expansion in Mainland China

SHANGHAI, CHINA�- Media OutReach - 5
September 2019 – Horizon Software (Horizon), a leading provider of electronic
trading solutions and algorithmic technology, is pleased to announce the
opening of its Shanghai office. Horizon continues to demonstrate its support of
the rapidly growing financial markets in Asia by enlarging its presence in
mainland China.

 

The new
office, strategically located in the heart of Shanghai’s central business
district, will focus on addressing promising mainland China as Chinese
financial regulation authorities recently promoted the opening of local capital
markets and attracted more long-term overseas capital. A Shanghai-based team of
Horizon consultants will provide implementation services and local support to Horizon
clients in the growing region.

Today
Chinese capital markets are among the most dynamic in Asia. The Chinese capital
market, despite its relative short history in its modern form, has experienced
a tremendous growth and is now the second largest in the world, with a strong
focus on derivatives. With already 12 existing clients using Horizon for
derivatives market making and advanced electronic algorithmic trading, Horizon
software is ideally positioned to accompany local players.

The new
office expands Horizon international footprint and consolidates its global
leadership in the field of electronic trading software solutions in Asia.

“China
represents a very significant business opportunity for Horizon, and we are
investing in the presence that will demonstrate to our existing and new Chinese
clients that we are committed in providing locally the solutions and services
for which we are renowned worldwide,” commented Sylvain Thieullent, CEO at
Horizon Software. “We know that China has a great amount of potential and we
look forward to developing new relationships in this region.”

 

Adrien
Mastronardi, Head of Sales in the APAC region added, “The good news is that in
recent years, China has been reforming its capital markets, liberalizing its
financial system and internationalizing its currency to encourage more foreign
institutional investors to participate in its economy. Horizon has a special,
long-term relationship with Asia as one of the first vendors to fully invest in
the region’s potential. My aim here is to grow and improve our pre-existing
connections and partnerships, continuing to be influential in the increasing
sophistication of the local financial markets.”

 

In addition
to Shanghai, Horizon has offices in Hong Kong and Bangkok in Asia.