Devexperts, a trading platform provider to retail and institutional brokers, has extended its partnership with a Turkish brokerage firm, Global Securities for developing additional features.
The press release shared with Finance Magnates detailed that the tech provider has developed three new features for Global Securities’ trading platform, BayGlobal. These can be broadly categorized as audio, video and model portfolio tracking features.
One of the updates enables traders to listen to live broadcasts of Global’s financial analysts. It will record and store the broker’s podcasts in both audio and video formats. In addition, Devexperts is supporting the Turkish broker in the distribution of its video series on market updates and educational content.
However, the model portfolio tracking feature seems to be most interesting as it will contain equities curated by the analysts of Global Securities. Traders can replicate these model portfolios in trading or can just refer to them in building trading strategies.
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Commenting on the development, Oğuzhan Karakoç, CEO of Devexperts Turkey said: “This was a project where we were able to realize the visionary ideas of BayGlobal, and to improve the lives of their traders. Our objective is to offer a best-in-class user experience to Turkish investors by developing applications that are proven with a large number of brokerage and investment companies all over the world.”
Meanwhile, Devexperts is aggressively strengthening its industry presence by expanding collaboration with other players as well. Earlier this year, it integrated GCEX’s solutions to enhance FX and crypto liquidity.
“We are investing in technologies and applications that help users to better track capital markets and provide them with investment suggestions. BayGlobal was designed to serve thousands of people simultaneously on web and mobile (iOS or Android) devices,” said Gülşeyma Doğançay, CEO at Global Securities.
“We believe this NextGen trading platform has raised industry standards… And with that, trading volume and subsequent commission income have increased by 6 times.”