TraderEvolution Launches Trading Ideas Tool to Platform

TraderEvolution, a startup providing multi-market trading software, is attempting to solve two of the biggest problems for the brokerage industry - user retention and engagement.

As part of this ongoing journey, the company has launched a new add-on, the Trading Ideas tool, to its enterprise software suite to increase client trading activity and volumes.

TraderEvolution provides multi-market trading platforms, including back-end and a full set of front-end trading platforms that have connectivity to dozens of markets across the world.

The new Trading Ideas tool that the startup has added to its software allows its clients’ research departments to create actionable content. According to the statement, this content will be in the form of trading ideas, and clients of TraderEvolution can send the feed out to their customers’ devices.

“Each trading idea brings to the end client technical and fundamental analyses and comments equipped with images, PDF documents, and specific order parameters, which makes placing orders based on them as easy as possible,” the statement said.

TraderEvolution tool to support brokers in challenging conditions

The Trading Ideas tool aims to help brokers operating in challenging markets. In order to survive, many trading firms have diverse product offerings; however, margins tend to vary across different asset classes.

Because of this, TraderEvolution believes that cross-selling is highly relevant for brokers wanting to stay effective in a highly-competitive environment.

“Ultimately, using Trading Ideas may lead to breaking up the segmentation of investors who tend to stick to their favorite asset class only by serving them the most interesting trading opportunities in regards to other asset classes,” the company said.

TraderEvolution is based in Ireland, while its R&D center is located in Eastern Europe. As Finance Magnates reported, the company recently teamed up with PrimeXM and Australian Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term broker Global Prime.

Under the partnership, Global Prime became one of the first brokers to integrate TraderEvolution’s Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, which will be used for the institutional side of the company’s business.