HKMEx Chooses Horizon Software To Support E-Trading Platform

May 31 2011 | 2:13pm ET

The Hong Kong Mercantile Exchange, which began offering automated trading services earlier this month, has chosen Horizon Software solutions to support its trading platform.

"Horizon Software’s open and scalable architecture perfectly meets our members’ business requirements while handling ultra-low latency and high throughput. This is an ideal choice to provide a state-of-the-art and future-proof electronic trading solution," said Barry Cheung, chairman of HKMEx.

Horizon Software provides global exchange and broker connectivity to a range of market players, from latency-sensitive financial institutions to market makers seeking high-throughput trading systems.

The firm’s gateways offer load balancing and throttling capabilities, failover management and advanced monitoring tools.

The HKMEx provides an electronic platform for commodities trading in the Asia-Pacific time zone.

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