#United States #New York #Futures Trading #options trading #Devexperts

Devexperts' New Futures Trading Platform

In a significant advancement for trading technology, Devexperts has officially launched its state-of-the-art futures and options trading platform, aimed specifically at U.S. brokers. This comprehensive platform comes equipped with a suite of features designed to enhance the trading experience across the board.

Key Features of the Platform

The newly released platform offers brokers the ability to delve into futures and options markets with ease. It is structured to be either deployed out-of-the-box for quick implementation or fully customizable according to the specific needs of the brokers. With the increasing demand for futures products in the U.S. market, this move by Devexperts is both timely and strategic.

Ben Hurley, CEO of Devexperts, highlighted the global interest in futures trading, emphasizing that several international market factors are influencing this trend. He stated, "The regulatory environment in the U.S. makes derivatives, such as futures contracts, particularly appealing, leading to an uptick in trader interest."

Advanced Trading Capabilities

The platform is designed with an intricate real-time order management system that simplifies the trading process for brokers and their clients. Key functions include:

• - Automated SPAN Margin Calculations: This feature ensures that traders understand their margin requirements, promoting responsible trading practices.
• - Pre-Trade Validation: Orders are checked before execution to confirm that all conditions meet the necessary criteria, thus safeguarding against common trading pitfalls.
• - Post-Trade Monitoring: The software offers robust monitoring features that trigger automatic liquidation of portfolios in response to significant market movements, minimizing potential losses.
• - Intraday Margin Discounts: Brokers can offer their clients special liquidation levels and margin discounts based on their individual risk management policies.

Seamless Integrations

Importantly, Devexperts has teamed up with futures commission merchants to guarantee full integration with top-tier executing destinations, including CQG and StoneX. Additionally, traders benefit from default integration with dxFeed, Devexperts' proprietary market data service, with access to multiple exchanges such as CME and ICE. This setup provides real-time Level 1 and 2 quotes along with a wealth of wider market data, ensuring traders have the information they need at their fingertips.

The platform also supports DOM (Depth of Market) ladder trading, facilitating a simplified order placement process. Noteworthy features include:

• - Real-Time Alerts: Traders receive notifications for significant market changes or opportunities.
• - Heatmap Tools: These visual aids help traders quickly assess market activity and trends.
• - Built-In Option Strategies: To assist in executing diverse trading strategies effectively.

Traders can access the platform via a web browser or mobile application, providing flexibility and convenience in trading on the go.

Looking Ahead

Ben Hurley expressed optimism regarding the platform's launch, stating, "We are excited about bringing our futures trading offerings into the market. We look forward to partnering with both existing and prospective clients to enhance their trading capabilities."

As the U.S. futures market continues to evolve, the introduction of a user-friendly and feature-rich platform by Devexperts seems set to address the growing needs of brokers and traders alike. For more insights and details, the company invites stakeholders to explore their new offerings further.

About Devexperts

Founded in 2002, Devexperts is a leading software development firm for the capital markets. With a specialization in multi-asset trading platforms covering equities, options, foreign exchange, commodities, and cryptocurrencies, Devexperts is committed to fostering the growth and innovation of trading technologies worldwide. The company boasts a global team of over 800 engineers and is headquartered in Ireland, shaping the future of trading solutions.

For inquiries, you may contact Mariana Wall at [email protected]