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

September 04, 2019 - 06:28
Horizon Software Opens New Office in Shanghai to Pursue Expansion in Mainland China

SHANGHAI, CHINA - Media OutReach - 5September 2019 - Horizon Software (Horizon), a leading provider of electronictrading solutions and algorithmic technology, is pleased to announce theopening of its Shanghai office. Horizon continues to demonstrate its support ofthe rapidly growing financial markets in Asia by enlarging its presence inmainland China.

 

The newoffice, strategically located in the heart of Shanghai's central businessdistrict, will focus on addressing promising mainland China as Chinesefinancial regulation authorities recently promoted the opening of local capitalmarkets and attracted more long-term overseas capital. A Shanghai-based team ofHorizon consultants will provide implementation services and local support to Horizonclients in the growing region.


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


The newoffice expands Horizon international footprint and consolidates its globalleadership in the field of electronic trading software solutions in Asia.


"Chinarepresents a very significant business opportunity for Horizon, and we areinvesting in the presence that will demonstrate to our existing and new Chineseclients that we are committed in providing locally the solutions and servicesfor which we are renowned worldwide," commented Sylvain Thieullent, CEO atHorizon Software. "We know that China has a great amount of potential and welook forward to developing new relationships in this region."

 

AdrienMastronardi, Head of Sales in the APAC region added, "The good news is that inrecent years, China has been reforming its capital markets, liberalizing itsfinancial system and internationalizing its currency to encourage more foreigninstitutional investors to participate in its economy. Horizon has a special,long-term relationship with Asia as one of the first vendors to fully invest inthe region's potential. My aim here is to grow and improve our pre-existingconnections and partnerships, continuing to be influential in the increasingsophistication of the local financial markets."

 

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


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