Electronic trading solutions vendor Horizon Software has launched a purpose-built Composite Spreader as part of its broader OMS roadmap, to automate the execution of multi-leg spreads. The product, which is now live and can be integrated with Horizon’s algo framework, provides clients with a user interface to define synthetic multi-leg spreads with a set of trading paramaters, which can then be executed automatically.
Horizon leveraged its proven algo technology and expertise in high frequency trading to develop the Composite Spreader, which is designed to respond rapidly to market movements, and comes with advanced safety features in case liquidity cannot be sourced.
