Ullink, a trading and connectivity solutions provider, has deployed its technology to Nordic Liquidity provider Remium, according to a ULLINK statement.
In April, Ullink had its electronic trading platform integrated by full-service investment company, Daewoo Securities Hong Kong (KDB), the second such endeavor in as many months.
The latest integration will see Remium utilize Ullink’s Market Making solution, building on an existing framework of Ullink’s DMA and connectivity platform.
Remium has established itself in capital markets, which caters to Nordic small and mid-caps. More specifically, the company provides capital markets services to corporate finance, equity research and sales, and asset management – the company serves as a leading Market Maker and Certified Advisor on NASDAQ Stockholm.
Remium has already tapped Ullink’s market connectivity technology for nearly half a decade. The new partnership will see Ullink foster connectivity to Nasdaq Nordic markets through direct Exchange gateways, hosted in Ullink’s platform.
According to Remium’s CEO, Petra Sas in a recent statement on the appointment, “We have chosen Ullink’s Market Making solution based on its large capabilities for controlling quoting behavior, and ability to safely automate quoting for a large number of instruments in fast moving markets. As a long term customer to Ullink’s direct market access and client connectivity solutions we feel confident that the solution will be robust, innovative and highly performing.”
“We are delighted to extend our successful relationship with Remium through expansion of the Ullink platform. We are excited about our new cross-product market making capabilities, which have been developed over two years with significant customer input,” added Richard Bentley, Chief Strategy Officer at Ullink in an accompanying statement.
