Horizon to expand into digital assets on Sagard NewGen buy out
finextra.comHorizon will also seek to better serve clients through new trading services, such as DMA and DSA order routing, enhancing its capabilities to handle high-volume order flows from clients to the market. The firm also intends to grow its current hubs in Europe, the Middle East and Asia and expand into new geographies.
Horizon will benefit directly from the Sagard footprint already established in North America, accelerating client growth in the region, on top of opening offices in Singapore and Dubai to offer bespoke services on the ground. Sylvain Thieullent, CEO of Horizon, commented: “Funding from Sagard NewGen represents the next step in our growth strategy to drive innovation in the trading technology industry.
The investment ensures we are well placed to continue to support the trading of digital asset classes on top of what we currently offer across our cross-asset and algo platform. We look forward to building on our existing client base, as well as expanding our reach geographically.”
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