dxFeed Unveils IaaS Initiative Transforming Market Data Delivery for Tradu

Tuesday, 23/01/2024 | 15:50 GMT by Tareq Sikder
  • Tradu users globally will get access to market data from top exchanges with authorization.
  • They will gain valuable insights through dxFeed's Stocks Radar.
Trading platform of Tradu
Trading platform of Tradu

Global financial data solutions and index management firm, dxFeed, has announced the initiation of an Infrastructure as a Service (IaaS) project for Tradu, a multi-asset trading platform tailored for active traders and investors. This strategic venture positions dxFeed as the key manager of critical infrastructure and data provision for Tradu, allowing the trading platform to concentrate on its core business objectives.

Tradu's Partnership with dxFeed Unleashes Market Data

dxFeed brings its IaaS capabilities to address the technical challenges associated with delivering market data to end users. This collaboration aims to streamline global data access for Tradu users worldwide, issuing authorization tokens for seamless access to market data from major exchanges in the EU, US, Hong Kong, and Australia.

Brendan Callan, CEO of Tradu, Source: LinkedIn

"When we were thinking of our new sophisticated multi-asset trading platform for the active trader and investors we met with the necessity of expanding instrument and user numbers. We realized we needed a highly competent, professional team to deploy the infrastructure, taking into account the peculiarities of our processes and services," said Brendan Callan, the CEO of Tradu.

Oleg Solodukhin, CEO of dxFeed, Source: LinkedIn

With a scalable low-latency infrastructure, dxFeed ensures the delivery of consolidated market data from diverse sources to clients across Asia, the Americas, and Europe. The platform is designed to accommodate rapid reconfiguration to meet growing performance demands.

Enhanced Analysis through Stocks Radar

One notable highlight of this collaboration is the introduction of exclusive data feed services specifically for Tradu's Stocks platform. In addition to the infrastructure support, Tradu benefits from dxFeed's Stocks Radar, a technical and fundamental market analysis solution seamlessly integrated into the platform. This Software as a Service adds value for traders and investors by simplifying complex analytical tasks.

"The range of businesses finding the Market Data IaaS model appealing continues to expand. This approach is gaining traction among various enterprises, from agile startups seeking rapid development to established, prominent brands acknowledging the strategic benefits of delegating market data infrastructure to specialized firms," Oleg Solodukhin, the CEO of dxFeed, said.

Global financial data solutions and index management firm, dxFeed, has announced the initiation of an Infrastructure as a Service (IaaS) project for Tradu, a multi-asset trading platform tailored for active traders and investors. This strategic venture positions dxFeed as the key manager of critical infrastructure and data provision for Tradu, allowing the trading platform to concentrate on its core business objectives.

Tradu's Partnership with dxFeed Unleashes Market Data

dxFeed brings its IaaS capabilities to address the technical challenges associated with delivering market data to end users. This collaboration aims to streamline global data access for Tradu users worldwide, issuing authorization tokens for seamless access to market data from major exchanges in the EU, US, Hong Kong, and Australia.

Brendan Callan, CEO of Tradu, Source: LinkedIn

"When we were thinking of our new sophisticated multi-asset trading platform for the active trader and investors we met with the necessity of expanding instrument and user numbers. We realized we needed a highly competent, professional team to deploy the infrastructure, taking into account the peculiarities of our processes and services," said Brendan Callan, the CEO of Tradu.

Oleg Solodukhin, CEO of dxFeed, Source: LinkedIn

With a scalable low-latency infrastructure, dxFeed ensures the delivery of consolidated market data from diverse sources to clients across Asia, the Americas, and Europe. The platform is designed to accommodate rapid reconfiguration to meet growing performance demands.

Enhanced Analysis through Stocks Radar

One notable highlight of this collaboration is the introduction of exclusive data feed services specifically for Tradu's Stocks platform. In addition to the infrastructure support, Tradu benefits from dxFeed's Stocks Radar, a technical and fundamental market analysis solution seamlessly integrated into the platform. This Software as a Service adds value for traders and investors by simplifying complex analytical tasks.

"The range of businesses finding the Market Data IaaS model appealing continues to expand. This approach is gaining traction among various enterprises, from agile startups seeking rapid development to established, prominent brands acknowledging the strategic benefits of delegating market data infrastructure to specialized firms," Oleg Solodukhin, the CEO of dxFeed, said.

About the Author: Tareq Sikder
Tareq Sikder
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A Forex technical analyst and writer who has been engaged in financial writing for 12 years.

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