SINOPAC SELECTS ULLINK’S LOW-LATENCY DIRECT MARKET ACCESS, CENTRALISED MONITORING AND PRE-TRADE RISK MANAGEMENT SOLUTIONS
HONG KONG, 8 October 2015. Ullink, a global provider of market leading electronic trading and connectivity solutions to the financial community, today announced that SinoPac Securities, a leading securities firm in the Asia Pacific region, has chosen Ullink’s low-latency Direct Market Access solution to access the Hong Kong Stock Exchange and Singapore Derivatives Exchange, together with Ullink’s comprehensive pre-trade Risk Management solution UL Iris.
SinoPac has a strong reputation in Taiwan and is constantly striving to provide its sophisticated buy-side clients with the latest technologies for their automated trading strategies. By partnering with Ullink, SinoPac is able to instantly provide advanced technologies with optimal latency results and flexible connectivity channels that allow for rapid on-boarding of new clients, without the need for resource intensive in-house development.
UL Monitoring and UL Iris, Ullink’s comprehensive pre-trade risk management solution, appealed to SinoPac because of their ability to monitor client orders, as well as manage risk limits and positions, in real-time. UL Monitoring allows Sinopac to gain full control and visibility of all client orders, including multi-leg strategies across multiple markets. UL Iris is fully configurable, which allows easy integration with existing client systems and bespoke trade risk mitigation solutions.
Commenting on Ullink’s Direct Market Access and risk management solutions, Mr. Maurice Lu, Deputy Chairman of Sinopac Futures said: “Ullink has a strong reputation in the Asian markets for supplying some of the most innovative and advanced trading solutions. We are delighted to offer our clients sophisticated and low-latency access to the Hong Kong and Singapore exchanges, with the added service of real-time risk management and position monitoring.”
Marcus Consolini, Ullink’s Managing Director for APAC, added: “We are committed to servicing our clients in the Asia Pacific region with the best available trading solutions, and are excited to count such a reputable firm as SinoPac amongst our clients. We are looking forward to help strengthen SinoPac’s offering in the region with our innovative and cutting edge solutions.”
Regina Malzburg-Collins Head of Marketing & Communications
tel.: +44 (0)20 7264 2411 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.
SinoPac Securities was founded in 1988. The businesses include brokerage service, proprietary trading, underwriting business, etc. Having 53 branch offices in Taiwan, SinoPac Securities is one of the most influential securities firms on this island. Moreover, to maintain their global competitiveness, SinoPac Securities have positively deployed oversea markets, establishing subsidiaries in Hong Kong, Shanghai, and London. SinoPac Securities aims to establish a best comprehensive regional platform and develop wealth-management business, to become one of the most influential Chinese securities firms in the Pacific Rim.
The parent company SinoPac Holdings﹙2890﹚owns total asset worth over NT$1,300 billion dollars and has more than 2.5 million customers. Bank SinoPac and SinoPac Securities have 210 branch offices in Taiwan, and 22 branch offices or subsidiaries overseas. SinoPac Holdings targets Taiwan, United States, Hong Kong, China, as well as emerging markets such as Vietnam, intending to become one of the most competitive composite financial holding companies in the pan Pacific Chinese region.