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

Gedik Investment Selects Horizon as Algo Trading in MENA Region Grows

Subscribe to our newsletter

Gedik Investment, a leading brokerage house in Turkey, has chosen Horizon Software as its platform for algorithmic execution of equities on the Borsa Istanbul exchange. Gedik has implemented both the TWAP and POV trading strategies offered by Horizon, allowing the Gedik team to time trades efficiently and instantly benefit from significant changes in price.

“The Turkish market has become increasingly mature, not only from a technological trading standpoint, but also from a regulatory point of view,” says Damien Jenner, managing director sales EMEA at Horizon. “So we’re starting to see a lot more local broker activity, as well as an influx of more international firms, including liquidity providers, market makers, principal traders and brokers who are offering execution into the Turkish market.”

Adoption of algorithmic trading is growing not just in Turkey, but across the MENA (Middle East & North Africa) region, says Jenner. “From a traded volume or sophistication point of view, other countries in the MENA region are probably a little bit behind the curve of Turkey’s growth, but they are rapidly ramping up. Regulation plays a part in that, as does the establishment of clearing houses, and the sophistication of the technological landscape.”

Gedik will take advantage of Horizon’s fully-hosted solution, which provides a flexible algo framework allowing traders to benefit from an advanced set of execution algorithms, and which the company offers as a service. “We like to standardise and to make algo technology less of a burden, and more something that customers can deploy very quickly and effortlessly” says Jenner.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: The Role of Data Fabric and Data Mesh in Modern Trading Infrastructures

23 September 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes The demands on trading infrastructure are intensifying. Increasing data volumes, the necessity for real-time processing, and stringent regulatory requirements are exposing the limitations of legacy data architectures. In response, firms are re-evaluating their data strategies to improve agility, scalability, and governance....

BLOG

HERE’s Enterprise Browser Claims Best Desktop Interoperability Framework at TradingTech Insight Awards USA 2025

Desktop interoperability has long been the missing piece in unifying fast-moving, multi-application trading workflows. At this year’s TradingTech Insight Awards USA, HERE – the enterprise browser born from OpenFin’s pioneering container technology – was recognised for closing that gap, capturing the award for Best Desktop Interoperability Framework. TradingTech Insight took the opportunity to sit down...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...