Bank Vontobel has chosen electronic trading solutions provider Horizon’s platform for its electronic execution of trades. The company is also working with the financial services industry to develop a new type of digital asset that will be used in cross-border payments and other transactions. Horizon will aid the financial institution in meeting regulatory changes such as MIFID II, handling all aspects of agency and principal trading, retail and execution flows.
Bank Vontobel has chosen electronic trading solutions provider Horizon’s platform for its electronic execution of trades. The Horizon Platform for Automated Trading (HPAT) will be used by Bank Vontobel to manage CHF 187bn ($187bn) across its 22 locations. Horizon will aid the financial institution in meeting regulatory changes such as MIFID II, handling all aspects of agency and principal trading, retail and execution flows.