CITIC Securities International deploys Ullink’s Order Management, Algo trading and Market Making solutions to enhance client offering

  • 06.05.2015 01:00 am

Ullink, a global provider of market leading electronic trading and connectivity solutions is pleased to announce that CITIC Securities International (CSI), a leading China-focused international investment bank, deployed Ullink’s low latency connectivity platform, order management, algorithmic trading and market making solutions as a fully hosted service, to power its trading desk technology in Asia and the US.  Adding CSI to its growing list of clients adds further reinforcement to Ullink’s expansion plans across the Asian Pacific and Americas regions.

The system set-up for CSI includes pre-trade risk management and monitoring software, middle office management and post-trade allocation services. CSI will also leverage Ullink’s algo suite to maximize the trading efficiency and handle higher trading volume. The setup includes a market making module for CSI’s ETF trading business on the Hong Kong Stock Exchange.

“We were looking for a solution that offered far more flexibility, robustness and better quality, than our previous systems. Ullink’s technology offers precisely these key components, which helped us choose our new trading technology,” commented a Dealing Director at CITIC Securities International. “In addition, Ullink’s platforms are easy to maintain and scale, as well as highly cost effective.”

“We are delighted that CSI has chosen Ullink’s cutting-edge technology,” said Philippe Thomas, Managing Director of Ullink. “We are certain that our solutions will provide CSI with the means to maximize its growth opportunities whilst establishing a growing international business.”

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