TraderEvolution Partners with Singapore Broker-Dealer UOBKayHian

The adoption of the trading software provided by TraderEvolution continues, with the company revealing this Tuesday that it has secured a deal in the Far East, furthering its regional expansion.

In particular, TraderEvolution has entered into a partnership with UOBKayHian, a broker-dealer in Singapore. Under the agreement, the brokerage company will offer a multi-asset 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 solution to its users.

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

Whilst UOBKayHian already has a strong regional presence, the partnership with TraderEvolution compliments its strategy to offer its clients access to multiple assets, such as futures, listed options, contracts for differences (CFDs), foreign exchange (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) and equities.

Commenting on the partnership, the Product Manager of UOBKayHian, Augustine Ng said in the statement: “Clients are getting more sophisticated in this data driven digital age, We chose TraderEvolution to allow us to fulfil these needs and ensure the scalability of our offering.

"The software provided by the team enables us to deliver multi-asset trading through different channels within one account - something that is essential to our clients. In addition, we were highly impressed with Traderevolution ability to develop flexible solutions to enable us to build a wide range of institutional offering."

TraderEvolution Expansion

TraderEvolution has been expanding its offering and reach across the trading industry. In recent months, the company announced an integration with ICE Data Services, part of the Intercontinental Exchange (NYSE:ICE).

Moreover, the trading software provider has partnered with a number of financial institutions, such as Velocity Trade, Borsa Istanbul, Trading Central and more.

“The addition of this important partnership in the Far East perfectly underscores our capability to adapt to the needs of different markets,” added CEO of TraderEvolution, Roman Nalivayko in the statement.

“The combination of multi-market product offering, retail clientele and specifically customized requirements made this project to be very much in line with our specialization. We are continuing our expansion across different geographies and are pleased to help with such ambitious projects.”