Devexperts launched DXtrade Institutional, an institutional platform promising to help banks, hedge funds, asset managers, and market makers enhance their trading infrastructure. The single-dealer platform is reportedly customized for each firm and leverages existing systems to improve scalability, risk management, and user experience.

Unlike previous DXtrade products, which offered ready-made white-label solutions, DXtrade Institutional aims to offer a bespoke trading experience. The platform reportedly integrates with existing back-end systems while offering a front-end interface.

A Custom Approach to Institutional Trading

“This is the first DXtrade product we have launched that is not an off-the-shelf solution, but built specifically for each customer, offering a tailored solution that builds on and improves their existing software and meets firms’ unique operational needs,” Nick Mortimer, Institutional Business Development at Devexperts, commented.

On the platform, firms can reportedly execute trades directly while retaining complete control over pricing, liquidity distribution, and risk management. DXtrade Institutional also supports trading across multiple asset classes, including spot, forwards, swaps, and options.

According to the information shared with Finance Magnates, the new platform’s key features include direct trade execution with risk management controls and pre- and post-trade risk controls for enhanced security.

It also includes full customizability to match specific institutional needs, scalability, flexible deployment options to accommodate growth, and a user-friendly design aimed at improving trader efficiency.

Anthony Mervin, the Vice President at Devexperts, highlighted the value of expertise behind the platform: “The standout aspect of DXtrade Institutional is that it comes with a dedicated team offering deep institutional trading Institutional Trading Institutional trading can be characterized as individuals or entities with the ability to invest in securities that are not available to retail traders directly.This includes specific investments such as FX forwards or swaps, among others.There are many types of players in the institutional trading space. These include central banks, retail and commercial banks, internet banks, credit unions, savings, and loan associations, investment banks, investment companies, brokerage firms, insurance compa Institutional trading can be characterized as individuals or entities with the ability to invest in securities that are not available to retail traders directly.This includes specific investments such as FX forwards or swaps, among others.There are many types of players in the institutional trading space. These include central banks, retail and commercial banks, internet banks, credit unions, savings, and loan associations, investment banks, investment companies, brokerage firms, insurance compa Read this Term software development expertise.”

‘Devexperts focuses on building long-term relationships with its customers, meaning firms will have ongoing access to this expertise, as well as support to ensure the software is maintained and optimized, both in the short and long term,” he explained.

Alternative to Internal Development

Many financial institutions face the challenge of maintaining competitive technology without the high costs of internal development teams, Devexperts explained. DXtrade Institutional now aims to offer a solution by allowing firms to modernize their platforms without needing extensive in-house resources.

“We developed DXtrade Institutional with a view to helping banks, hedge funds, asset managers, and market makers to ensure their technology is up-to-date and competitive, without the need to invest in internal development resources, which can be both time-consuming and costly,” Jon Light, the Head of OTC Platform at Devexperts, added.

With over 20 years of experience in capital markets software development, Devexperts has built a reputation for delivering robust, institutional-grade trading infrastructure.