A provider of software solutions targeting brokers and financial institutions, Devexperts, has partnered with DriveWealth to allow users to trade or hold small portions of stocks, also known as fraction stock trading. Devexperts will also access DriveWealth’s stock to allow users to invest a few dollars.
Commenting on the partnership, Michael Sprachman, Director of Exchange Trading Solutions at Devexperts, said: “As trading continues to go global, providing the US market with access to brokers around the world remains a priority for Devexperts.”
“DriveWealth, with its focus on small equity and partial liquidity, is an ideal partner in achieving our goal of providing brokers with the technology necessary for them to transform Retail
Retail
In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include both beginners and experienced traders. Trading and investing is divided into two categories, retail and institutional. Institutions include investment banks such as JP Morgan or Citibank and global central banks such as the US Federal Reserve and the European Central Bank. However, when we talk about retail trading, we usually refer to forex trading, but there is retail trading
In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include both beginners and experienced traders. Trading and investing is divided into two categories, retail and institutional. Institutions include investment banks such as JP Morgan or Citibank and global central banks such as the US Federal Reserve and the European Central Bank. However, when we talk about retail trading, we usually refer to forex trading, but there is retail trading
Read this term Experience and ensure access to investment services for users of all ages and levels of financial experience.
Founded in 2002, Devexperts is said to be planning to integrate DriveWealth to enable users to trade securities listed on DXtrade XT. It is one of the trading platforms offered by the company along with DXtrade CFD for OTC trading, DXmatch for exchange solutions, and DxFeed for capturing and sharing market data.
The software solutions provider hailed the addition of DriveWealth as an opportunity to enable order routing and add value to its uses in the US, Latin America, EMEA, and Asia Pacific regions. According to information on its website, Devexperts has a presence in several locations globally, including Germany, Singapore, Ireland, and Lithuania.
The concept of fractional stock trading is not limited to Devexperts but it has become popular among traders. Most brokers now offer fractional stock trading to attract younger investors and to remove barriers to investing in diversified portfolios. For example, the automated global online broker, Interactive Brokers, is said to have been offering fractional stakes since 2019.
D-experts expands services
Meanwhile, FinanceMagnates reported last month that Devexperts has launched a mobile app for its DXtrade platform, dubbed DXtrade XT Mobile. The company aims to make trading accessible to more users and to make it easy to use. The app provides a range of financial instruments, including stocks, options, bonds, and futures.
Devexperts’ DXtrade XT solution reports a growing list of users, including major retail brokers. New Zealand-based BlackBull Markets recently launched a new forex and CFD trading platform that uses DXtrade XT. Similarly, the solution was integrated by the multi-asset broker, Brokeree Solutions, in May.
A provider of software solutions targeting brokers and financial institutions, Devexperts, has partnered with DriveWealth to allow users to trade or hold small portions of stocks, also known as fraction stock trading. Devexperts will also access DriveWealth’s stock to allow users to invest a few dollars.
Commenting on the partnership, Michael Sprachman, Director of Exchange Trading Solutions at Devexperts, said: “As trading continues to go global, providing the US market with access to brokers around the world remains a priority for Devexperts.”
“DriveWealth, with its focus on small equity and partial liquidity, is an ideal partner in achieving our goal of providing brokers with the technology necessary for them to transform Retail
Retail
In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include both beginners and experienced traders. Trading and investing is divided into two categories, retail and institutional. Institutions include investment banks such as JP Morgan or Citibank and global central banks such as the US Federal Reserve and the European Central Bank. However, when we talk about retail trading, we usually refer to forex trading, but there is retail trading
In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include both beginners and experienced traders. Trading and investing is divided into two categories, retail and institutional. Institutions include investment banks such as JP Morgan or Citibank and global central banks such as the US Federal Reserve and the European Central Bank. However, when we talk about retail trading, we usually refer to forex trading, but there is retail trading
Read this term Experience and ensure access to investment services for users of all ages and levels of financial experience.
Founded in 2002, Devexperts is said to be planning to integrate DriveWealth to enable users to trade securities listed on DXtrade XT. It is one of the trading platforms offered by the company along with DXtrade CFD for OTC trading, DXmatch for exchange solutions, and DxFeed for capturing and sharing market data.
The software solutions provider hailed the addition of DriveWealth as an opportunity to enable order routing and add value to its uses in the US, Latin America, EMEA, and APAC regions. According to information on its website, Devexperts has a presence in several locations globally, including Germany, Singapore, Ireland, and Lithuania.
The concept of fractional stock trading is not limited to Devexperts but it has become popular among traders. Most brokers now offer fractional stock trading to attract younger investors and to remove barriers to investing in diversified portfolios. For example, the automated global online broker, Interactive Brokers, is said to have been offering fractional stocks since 2019.
D-experts expands services
Meanwhile, FinanceMagnates reported last month that Devexperts has launched a mobile app for its DXtrade platform, dubbed DXtrade XT Mobile. The company aims to make trading accessible to more users and to make it easy to use. The app provides a range of financial instruments, including stocks, options, bonds, and futures.
Devexperts’ DXtrade XT solution reports a growing list of users, including major retail brokers. New Zealand-based BlackBull Markets recently launched a new forex and CFD trading platform that uses DXtrade XT. Similarly, the solution was integrated by the multi-asset broker, Brokeree Solutions, in May.