SHANGHAI, CHINA& PARIS, FRANCE - Media OutReach- 4 September 2018 - Horizon Software(Horizon), the leading global technology provider for electronic trading andinvestment management, announced today that the China-based securities firm CaitongSecurities  has gonelive with its Options Trading platform to trade SSE 50 ETF options on theShanghai Stock Exchange.   

Founded in 1993, Caitong Securities is based in Hangzhou andnow has more than 80 brokerage outlets as well as over 2000 employees. Thecompany primarily engages in securities brokerage, investment banking, assetmanagement, proprietary securities trading and research.

Chunting XU,General Manager of Caitong Securities' derivatives department, commented: "Weare very impressed that the professional team at Horizon Software has shown thecapability to support our specific market requirements. Since the ShanghaiStock Exchange launched SSE 50 ETF Options in 2015 we have been preparing forthis opportunity and researching the right technology platform to help us growour project effectively. Horizon came out far ahead of the competition becauseof the strength of its systems, particularly its business coverage, softwarestability, flexibility, scalability and expert support, all of which arecrucial qualities for us meeting our goals quickly and efficiently."

He adds: "The support provided by Horizon's teamduring the implementation process has ensured a smooth transition and we arevery happy with the result. I know it has been working hard with us and thiseffort is both truly appreciated and reflected in its system."

Adrien Mastronardi,North Asia Sales Director of Horizon Software, said: "We are very pleased to bepart of Caitong's success and development, culminating in its ability to tradeSSE 50 ETF Options on the Shanghai Stock Exchange using our trading algorithms,which allow it to create its own proprietary quantitative strategies based onvolatility. We are proud to have delivered our advanced technology platform andhigh-performance systems to develop options trading opportunities acrossseveral APAC nations, especially in China."

He adds: "We have recently significantly expanded ourpresence in China, working with an increasing number of Chinese securitiesfirms to implement our system, which is testament to our being a leading technologyprovider internationally. Long-term partnerships in China such as this one arevery important to us; they underline our strong track record of helping clientsmeet their business objectives with our products and services."

Horizon has been empowering capital market players for overtwo decades by building powerful algorithmic technology into its electronictrading platform and offering trading opportunities through direct connectivityto more than 70 exchanges worldwide. Horizon enables clients to quickly create,test and implement automated trading strategies in real-time, in line with its'Trade Your Way' philosophy. Its platform can be easily integrated with richAPIs and allows proprietary strategies to be built while keeping traders' codeconfidential.