Euronext Inks Software, Innovation Agreement with Tredzone

Euronext, Europe’s largest exchange, has inked a new partnership agreement with Tredzone, a provider of technology solutions dedicated to developing software tools and data management, simultaneously taking a 34% stake in the group, per a Euronext statement.

Euronext has been one of the more active venues on the continent in recent months, having embarked on a number of memorandums of understanding (MoU) and partnerships with several regional and international entities, including many in China. Its decision to bolster its strategic partnership with Tredzone will allow for a symbiotic exchange between the two groups.

Data and Innovation Driving the Accord

More specifically, Tredzone will benefit from Euronext’s technology infrastructure across the continent, while the partnership will help Euronext benefit from future developments made by Tredzone. Tredzone’s service suite specializes in the handling of complex data with high volumes and latency.

In addition, Euronext will rely on Tredzone’s technology by using it to develop its next generation 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 Optiq. The partnership will also see both enter into a more structured collaboration, culminating in Euronext making a capital increase of €1.36 million, consequently resulting in a 34% stake in Tredzone.

The agreement is important to both parties, especially Eurozone, which will Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term Tredzone’s software development tools to help facilitate its multi-core processing capabilities. Euronext hopes the agreement will foster substantial savings in use of hardware, whereby simplifying and securing its IT infrastructure.