Horizon Software (Horizon), provider of automated trading solutions and algorithmic technology, announced today the expansion of its crypto trading platform. Horizon recently added the Crypto exchange BINANCE to the list of its cryptocurrency gateways, allowing clients to trade spot and futures on cryptocurrencies.
Crypto trading takes place 24/7 with quantity precision at 10-9. Therefore, Horizon has adapted its trading platforms to these requirements. Through the algo framework and Principal Trading features, Horizon enables users to implement long and short strategies, as well as arbitrage strategies to seize opportunities without being constantly glued to their computer or phone.
With connectivity available to other crypto exchanges such as Coinbase, Kraken, Bitstamp and Bittrex, Horizon proved its ability to connect to new exchanges and to extend its expertise in the crypto trading world while supporting crypto-specific features in each of its core components.
Vincent Dumontoy, Global Head of Product Management at Horizon Software explains: “Cryptocurrency market capitalization reached close to $3 trillion USD at its peak in November 2021. We believe cryptocurrencies are here to stay as market participants use them to diversify their portfolios and to perform transactions on-chain.
“As a cross-asset trading platform, cryptocurrencies are an integral part of Horizon’s strategy. We’re already connected to main cryptocurrency exchanges and offering full scope of Principal Trading strategies on crypto cash & futures through Market Making and Algo Trading.
“In 2022, we’ll extend our Principal Trading scope to options on Deribit and our Agency Trading modules will also handle 10-9 quantity precision to be able to execute crypto client orders. As our full trading platform & workflows become crypto-compliant, we believe Horizon is uniquely positioned on crypto markets”.