About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Alize Trading Builds Algo Trading Business on Horizon Platform

Subscribe to our newsletter

By: Zoe Schiff

Alize Trading, a Paris-based algorithmic prop house, has gone life with Horizon Platform with a view to developing its algorithmic trading business. The flexibility of Horizon’s algorithmic trading software allows smaller prop trading firms to engage in trades with a few exchanges and gradually increase their scale of operation as they grow.

Bruno Morel, head of IT at Alize Trading, explains: “There were two key factors in choosing Horizon’s trading platform. The first was the ability to tailor the platform to the needs of smaller operations. The second was the flexibility to widen the scope of the system as and when needed. Horizon is constantly improving connectivity to exchanges in the Americas, Europe and Asia, which is also of real benefit.

“The platform’s functionality and built-in features have helped us recreate sophisticated features and code our algorithmic strategies for statistical arbitrage quickly using Horizon Algo Designer. This meant we were able to get the system into production very quickly.”

Sylvain Thieullent, CEO of electronic trading a Horizon Software, adds: “For Alize, the ability to access the full depth of the features of our platform was a major advantage. Horizon’s 70+ native gateways to exchanges worldwide give our clients the flexibility that is essential for high frequency trading and access to brokers for algorithmic trading.”

Horizon provides a user interface giving clients the ability to code trading algorithms in SCALA, an object-oriented programming language, and run the algorithms via servers for high frequency trading. The company also provides a native exchange gateway for market data and connectivity to third-party vendors for algorithmic trading.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Trade the Middle East & North Africa: Connectivity, Data Systems & Processes

In Partnership With Date: 20 May 2024 Time: 11am London / 1pm Egypt & Saudi Arabia / 2pm United Arab Emirates / 6am CET Duration: 50 minutes As key states across the region seek alternatives to the fossil fuel industries that have driven their economies for decades, pioneering financial centres are emerging in Egypt, United...

BLOG

Overbond Introduces AI-Driven Smart Order Routing System for Credit Trading

Following the recent introduction of its bid-ask liquidity scoring model, Overbond, the API-based fixed income trading automation and execution service, has launched a Smart Order Router (SOR) for credit trading. Credit traders on both the buy-side and sell-side often grapple with assessing a bond’s liquidity before executing a trade, information that is vital for determining...

EVENT

RegTech Summit London

Now in its 8th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Entity Data Management Handbook – Third Edition

Welcome to the third edition of the Entity Data Management Handbook which is available for free download. In this updated edition we delve into the role entity data plays in the smooth running of financial institutions and capital markets, the challenges of attaining high quality data, and various aspects, approaches and technologies involved in managing...