Brand Story
22 Jun 2022, 22:29 GMT+10
Devexperts announced DXtrade XT, which is an out-of-the-box trading platform for exchange-traded instruments, such as stocks (whole, fractional or notional shares), options, mutual funds, and fixed income (bonds). The platform is now available to brokers from around the world, who want to provide traders with access to US-listed securities.
DXtrade XT
To view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/8552/128473_ecd2a4df84a9ba4e_001full.jpg
DXtrade XT offers modern and uncluttered web and mobile platforms that are suitable for both professional and novice traders. The mobile app gives the opportunity to investors to manage their accounts and order on-the-go, which is appealing for onboarding new clients.
With DXtrade XT, brokers can attract more clients by lowering barriers to entry: Their traders can benefit from fractional and notional orders and invest the amount of money they feel comfortable about.
On the broker's side, manual allocation of the fractional trades can be booked under the main account, distributed among the client accounts and managed in a flexible manner according to the brokers strategy.
At the same time, this flexibility in investment plans for traders still guarantees that brokers fully control their order management workflow. DXtrade's web-based admin portal affords brokers real-time order flow oversight. Brokers can monitor client positions and accounts, adjust risk settings, update platform configurations, and manually manage all registered accounts.
The risk management module of DXtrade XT incorporates advanced tools such as routing wheel. This tool allows automated routing according to the criteria such as asset type and destination-based percentage.
Michael Sprachman, Devexperts Vice President of Trading Platform, commented on the launch: 'In the process of designing DXtrade XT, our team has analyzed key pain points of brokers, strategies for attracting and retaining new investors, and ways to automate risk management further. During the course of our market analysis, we have concluded that the majority of brokers run on legacy systems with outdated user interfaces, hence, we see a lot of opportunity for DXtrade XT in assisting brokers to grow their business.'
Learn more or request the demo to experience the full functionality here: https://dx.trade/dxtrade-xt/dxtrade-xt-web-trader/
Contact:Elena GorbachevaHead of Communications, Devexperts[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/128473
This content is published on behalf of the above source. Please contact them directly for any concern related to the above.
Get a daily dose of Nashville Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Nashville Herald.
More InformationATLANTA, Georgia: The United States is facing its worst measles outbreak in more than three decades, with 1,288 confirmed cases so...
In the past month alone, 23 Israeli soldiers have been killed in Gaza—three more than the number of remaining living hostages held...
LONDON, U.K.: At least 13 people are believed to have taken their own lives as a result of the U.K.'s Post Office scandal, in which...
WASHINGTON, D.C.: Travelers at U.S. airports will no longer need to remove their shoes during security screenings, Department of Homeland...
WASHINGTON, D.C.: An elaborate impersonation scheme involving artificial intelligence targeted senior U.S. and foreign officials in...
SLUBICE, Poland: Poland reinstated border controls with Germany and Lithuania on July 7, following Germany's earlier reintroduction...
REDMOND, Washington: Artificial intelligence is transforming Microsoft's bottom line. The company saved over US$500 million last year...
WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...
BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...
NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...
LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...
AMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...