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DongXing selects Horizon for option trading

First Published 12th October 2016

Hong Kong - Horizon Software has announced that Chinese broker, DongXing Securities, has chosen Horizon for its equity trading, market making and algorithmic trading.

The deal is an extension of Horizon's use by DongXing Investment, a subsidiary of DongXing Securities, which has a market cap of USD 9.5 Billion and is named as one of the Forbes 2000 largest companies in the world.

Dr. Dengli Wang, Head of Proprietary Trading at Dongxing, added: "The key consideration of any quant team is to control their risk exposure, and Horizon will help us to significantly reduce the time between calculating risk exposure to sending an order."