ThinkMarkets Reduces Latency for Mobile Traders via Neumob Partnership

The mobile trading app's users saw an impressive uptake in speed, mainly in emerging markets with slow networks.

FCA-regulated multi-asset brokerage ThinkMarkets announced that it has reduced latency on its ThinkTrader mobile app through the implementation of Neumob’s SDK, an app acceleration framework. Founded in 2014, Neumob specializes mobile app acceleration, speed and performance.

ThinkMarkets says that thanks to the partnership with Neumob, the app had a swifter load-speed and quicker interactions between every transaction, with traders in several countries reporting an increase in performance.

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Nauman Anees

Nauman Anees, founder and CEO of ThinkMarkets, commented: “We are seeing a sharp increase in the number of traders executing trades on the ThinkTrader mobile app, particularly from emerging markets where mobile-networks are traditionally sluggish and congested, however with the technological enhancements ThinkTrader is now considerably faster.”

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The app achieved faster load times in India increasing by 37%, 25% in both the United Arab Emirates and the UK, and by 20% in China. Malaysian users reported a 42% uptake in speed.

Joe Rundle, Head of Trading, said: “Our clients have given excellent feedback with impressive gains in load times and in-app performance for the ThinkTrader iOS app.”

Neumob CEO Jeff Kim stated: “ThinkTrader is a forward-thinking app committed to delivering a high availability, low latency experience for its traders around the world. We’re delighted to see the positive impact that Neumob mobile app acceleration is having on ThinkMarkets’ customer experience, and on ensuring that traders in Asia, Eastern Europe, the Middle East and elsewhere have a first-rate mobile trading platform they can rely on.”

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