Latest news with #OrderManagementSystem
Finextra
13-05-2025
- Business
- Finextra
EFG Hermes adopts algo trading tech from Horizon
Horizon Trading Solutions (Horizon), a global leader in electronic trading solutions and algorithmic technology for capital markets has announced its collaboration with EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), to enhance its algorithmic trading capabilities for EFG Hermes' securities brokerage clients. 0 Using Horizon's trading technology, EFG Hermes will provide its buy-side clients with enhanced trading efficiency. By integrating Horizon's sophisticated Trading Algorithms, such as VWAP (Volume Weighted Average Price), TWAP (Time Weighted Average Price), Percent of Volume, and Implementation Shortfall, these algorithms optimize trade execution across various financial networks, enabling seamless trading across all Gulf Cooperation Council (GCC) financial markets and Egypt. The comprehensive solutions implemented by EFG Hermes, which will commence in the second half (H2) of 2025, comprise a network of strategically located algo servers throughout the MENA region, orchestrated by Horizon's sophisticated Order Management System (OMS) and Algo Router. This architecture ensures efficient order routing, optimized trade execution, and enhanced operational efficiency for EFG Hermes and its clients. Amr Elshamy, Head of Electronic Trading at EFG Hermes, commented: 'At EFG Hermes, we are dedicated to delivering best-in-class execution capabilities and cutting-edge technology to our clients. Our collaboration with Horizon as our preferred Algorithmic Trading platform reflects their proven expertise and innovative solutions in the financial technology sector. Together with Horizon, we have customized and fine-tuned our algorithms using our deep market knowledge to tailor them specifically to the unique structures of the MENA region, ensuring optimal performance and superior execution outcomes. This partnership underscores our commitment to equipping clients with the tools to enhance their trading operations' efficiency and enable them to navigate today's dynamic markets confidently.' Gerald Blondel, Managing Director, MENA at Horizon Trading Solutions, added: 'We are proud to have established Horizon Trading Solutions in the Middle East as both a local and international trading solution vendor. Combining our local support and understanding of regional demands with global expertise in delivering advanced trading technology allows us to service our rapidly growing MENA client base through EFG Hermes.'
Yahoo
12-03-2025
- Automotive
- Yahoo
How US trade tariffs could ripple higher costs through the US auto industry
Martin Balaam, CEO and Founder of Pimberly, a digital commerce specialist, outlines the impacts that US trade tariffs – especially those imposed on automotive vehicle and component parts imported from neighbouring Mexico and Canada - could have on the US auto sector. JA: Although they have been postponed for USMCA-compliant auto trade until early April, what would the short-term impact of 25% US import tariffs on shipments from Canada and Mexico be—in terms of trade flows and also new vehicle prices facing US consumers? MB: If they apply, these 25% tariffs on imports from Canada and Mexico can be expected to drastically disrupt trade flows. Given the deeply integrated nature of North American automotive supply chains, these tariffs could significantly increase the cost of vehicles due to the high volume of parts sourced from these countries. Consequently, US consumers will likely see noticeable surges in new vehicle prices. Beyond new vehicle costs, the impact will ripple through the broader automotive market. The cost of vehicle repairs will rise as the price of imported parts climbs. In turn, we'll see much higher vehicle insurance premiums, given that repair costs are a major factor in determining rates. Auto parts distributors – even if they work on stockpiling before April – would face pressure on cash, as they must fund an extra 25% in costs for parts. This financial strain will cascade down the supply chain, forcing automotive companies to stretch business-to-business trade credit to cover the sudden spike in costs. Some auto repair centres operating at or near their credit limits may even be pushed into cash-on-order arrangements, which could disrupt service availability and further exacerbate repair costs for consumers. JA: What about the longer-term impacts? (e.g., producing more in the U.S.—how quickly can OEMs or part suppliers change manufacturing plans, manage inventory, etc.) MB: Over the longer term, while there might be a push to have the majority of production happen within the US, the shift won't be swift or straightforward. Establishing new manufacturing facilities or reconfiguring existing ones requires significant time and investment. Additionally, higher labour costs in the US would offset some of the benefits of local production - which manufacturers need to take into account as they plan ahead. Therefore, any substantial realignment of manufacturing strategies would likely unfold over several years. JA: What can companies do to mitigate the effects of this kind of supply chain disruption? MB: To navigate these challenges, companies should enhance supply chain visibility and flexibility. Investing in digital tools, such as PIM (Product Information Management) or OMS (Order Management System), that provide real-time data can aid in anticipating and responding to disruptions. Diversifying supplier bases and exploring alternative (and domestic) sourcing strategies can also help mitigate risks associated with such tariffs. JA: Do you think the Trump administration's strategy is the right way to make the US auto industry more competitive internationally, or is there a danger of a trade war negatively impacting US firms, too? MB: In my view, while the intention of bolstering domestic manufacturing is understandable, imposing steep tariffs as the President has proposed, carries the risk of unintended consequences. There's a genuine concern that such measures could escalate into broader trade conflicts, potentially harming US businesses and, in turn, everyday consumers. A more collaborative approach, focusing on innovation, might yield better outcomes for the US auto industry on the global stage. "How US trade tariffs could ripple higher costs through the US auto industry" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
