Devexperts has introduced its new platform for institutional traders, DXtrade Institutional, aiming to enhance the trading infrastructure of major organizations such as banks, hedge funds, asset managers, and market makers. This new platform offers a unique trading solution for institutional clients, providing a more tailored and efficient approach.

Unlike previous ready-made solutions, the DXtrade Institutional platform is specifically customized for each organization, allowing full control over pricing, liquidity flow, and risk management. It is designed to integrate with existing systems within firms, offering flexibility and scalability, making it ideal for institutional clients looking to modernize their infrastructure without needing large internal development teams.

"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," said Nick Mortimer, Institutional Business Development Head at Devexperts.

Key features of the platform include support for various asset classes such as spot, forwards, swaps, and options. The DXtrade Institutional platform also provides strong risk management mechanisms, with pre- and post-trade checks to ensure enhanced security for users.

"The standout aspect of DXtrade Institutional is that it comes with a dedicated team offering deep institutional trading software development expertise," said Anthony Mervin, Vice President at Devexperts. "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 remains in good condition and is continuously optimized."

Devexperts, known for its expertise in financial solutions, highlights that the platform provides companies with a more cost-effective and efficient solution to modernize their operations without needing to hire extensive internal resources.

"We developed DXtrade Institutional with a view to helping banks, hedge funds, asset managers, and market makers 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," added Jon Light, Head of OTC Platform at Devexperts.

This move strengthens Devexperts' position in the institutional platform sector, offering an innovative solution for the market with the goal of simplifying and enhancing the user experience in the financial sector.

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