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”.