HONG KONG, 9 April 2015. Ullink, a global provider of market leading electronic trading and connectivity solutions to the financial community and Daewoo Securities Hong Kong, a leading full-service investment firm, today announced that Daewoo has chosen Ullink’s electronic trading platform to provide a low latency solution for its High Frequency Trading (HFT) clients.
Daewoo Securities Hong Kong set up its brokerage business three years ago offering execution services for SEHK. It is now growing rapidly and client demands are continuously evolving. Daewoo Securities required a technology partner that was able to provide proven and advanced trading solutions, alongside a strong local presence and solid technical support.
During the vendor assessment process, Ullink worked closely with Daewoo’s high frequency trading (HFT) clients, optimizing the trading infrastructure to achieve the lowest possible latency. As a result, Ullink was selected by Daewoo for its proven technology and flexible platform that allowed for precise fine-tuning and customization. Daewoo’s clients can now trade directly with SEHK and Shanghai HK Stock Connect. In addition, Daewoo further enhanced its Ullink package by implementing advanced trading solutions to manage client DMA orders with pre-trade risk management capabilities.
“We are very confident in Ullink’s strong local support and proven technology,” commented James Park, Associate Director for Execution Sales at Daewoo. “Ullink will fully support all our technology platform needs, so that we can focus on the expansion of our Asian business”.
Philippe Thomas, Managing Director at Ullink Asia commented: “We are very pleased to provide Daewoo with what we believe to be the most integrated low latency platform available. We will continue to collaborate on innovative solutions with Daewoo as their business diversifies and grows across Asia”.
Regina Malzburg-Collins tel.: +44 (0)20 7264 2411
Head of Marketing & Communications email@example.com
Ullink is a global provider of market leading multi-asset trading technology and infrastructure for buy-side and sell-side market participants. Trusted by over 150 of the world’s top-tier banks and brokers, the company provides consistent, reliable access to the most current and innovative trading solutions available. Since 2001, Ullink has established itself as one of the fastest growing technology companies in the industry.
In 2014 Ullink acquired NYFIX and Metabit from the New York Stock Exchange, further expanding its product offering by creating one of the industry’s largest FIX based trading communities.
The combined company manages over 450 trading platforms daily, is connected to more than 100 of the world’s leading liquidity and exchange venues and offers over 700 different FIX and API adapters. Ullink has offices in New York, Toronto, London, Paris, Hong Kong, Tokyo, Singapore, Manila, São Paulo, Cluj and Sydney.
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