Devexperts Teams Up with nuam Exchange to Boost Equity and Derivatives Trading

Tuesday, 30/04/2024 | 18:09 GMT by Jared Kirui
  • The exchange plans to integrate Devexperts' platform with Nasdaq's trading systems.
  • This collaboration promises to improve access to the equity and derivatives market for regional and international brokers.
Devexperts
Devexperts

Devexperts has entered into a partnership with nuam exchange, a platform that resulted from the integration of the Lima, Santiago, and Colombia Stock Exchanges to enhance trading in equity and derivatives markets in Latin America.

nuam exchange aims to introduce an interface with new features by integrating the financial software development firm's front end with Nasdaq's trading systems. This integration promises to streamline the trading experience and facilitate market access for regional and international brokers.

Targeting Latin America's Capital Market

Juan Pablo Córdoba, the CEO at nuam mentioned: "Through our systems, there will be people conducting transactions from different parts of the world for companies valued in different currencies. Certainly, this has enormous value and potential for investors, but it also poses operational complexities. Through developments like the one we aim to implement with Devexperts, we can overcome this."

naum exchange is a multi-country integration of stock exchanges from Chile, Columbia, and Peru. The platform aims to standardize the operating rules across the three countries. On the other hand, Devexperts is a software development firm targeting equities, options, FX, and cryptocurrencies sectors.

Early this year, Devexperts' DXtrade integrated TradingView to enhance brokerage services. This collaboration allows brokers using DXtrade to directly integrate TradingView, providing their clients access to charting tools and an online trading community.

Streamlining Integration Process for Brokers

The company said that the integration between DXtrade and TradingView simplifies the process for brokers to offer integrated charting and community features to their clients. By connecting DXtrade's trading backend directly to TradingView, brokers can centralize key functionalities such as order execution, risk management, and commissions within DXtrade.

Additionally, Devexperts launched DXtrade XT Mobile, a mobile app designed to enhance DXtrade. This app promises to make trading more accessible for retail investors by offering a user-friendly solution for trading various financial instruments.

"After Devexperts contributed to multiple broker integrations with us through their DXtrade trading backend and facilitated the process, we stand prepared to welcome new brokerages into our mutually beneficial ecosystem," said Rauan Khassan, the VP of international Growth at TradingView.

Devexperts has entered into a partnership with nuam exchange, a platform that resulted from the integration of the Lima, Santiago, and Colombia Stock Exchanges to enhance trading in equity and derivatives markets in Latin America.

nuam exchange aims to introduce an interface with new features by integrating the financial software development firm's front end with Nasdaq's trading systems. This integration promises to streamline the trading experience and facilitate market access for regional and international brokers.

Targeting Latin America's Capital Market

Juan Pablo Córdoba, the CEO at nuam mentioned: "Through our systems, there will be people conducting transactions from different parts of the world for companies valued in different currencies. Certainly, this has enormous value and potential for investors, but it also poses operational complexities. Through developments like the one we aim to implement with Devexperts, we can overcome this."

naum exchange is a multi-country integration of stock exchanges from Chile, Columbia, and Peru. The platform aims to standardize the operating rules across the three countries. On the other hand, Devexperts is a software development firm targeting equities, options, FX, and cryptocurrencies sectors.

Early this year, Devexperts' DXtrade integrated TradingView to enhance brokerage services. This collaboration allows brokers using DXtrade to directly integrate TradingView, providing their clients access to charting tools and an online trading community.

Streamlining Integration Process for Brokers

The company said that the integration between DXtrade and TradingView simplifies the process for brokers to offer integrated charting and community features to their clients. By connecting DXtrade's trading backend directly to TradingView, brokers can centralize key functionalities such as order execution, risk management, and commissions within DXtrade.

Additionally, Devexperts launched DXtrade XT Mobile, a mobile app designed to enhance DXtrade. This app promises to make trading more accessible for retail investors by offering a user-friendly solution for trading various financial instruments.

"After Devexperts contributed to multiple broker integrations with us through their DXtrade trading backend and facilitated the process, we stand prepared to welcome new brokerages into our mutually beneficial ecosystem," said Rauan Khassan, the VP of international Growth at TradingView.

About the Author: Jared Kirui
Jared Kirui
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