TraderEvolution Partners with Singapore Broker-Dealer UOBKayHianSeptember 22, 2020
The adoption of the trading software provided by TraderEvolution continues, with the company revealing this Tuesday that it has secured a deal in the Far East, furthering its regional expansion.
In particular, TraderEvolution has entered into a partnership with UOBKayHian, a broker-dealer in Singapore. Under the agreement, the brokerage company will offer a multi-market trading platform solution to its users.
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TraderEvolution provides multi-market trading platforms, including back-end and a full set of front-end trading platforms that have connectivity to dozens of markets across the world.
Whilst UOBKayHian already has a strong regional presence, the partnership with TraderEvolution compliments its strategy to offer its clients access to multiple assets, such as futures, listed options, contracts for differences (CFDs), foreign exchange (forex) and equities.
Commenting on the partnership, the Product Manager of UOBKayHian, Augustine Ng said in the statement: “We chose TraderEvolution to replace an old platform we were using and ensure the scalability of our offering.
“The software provided by the team enables us to deliver multi-market trading within one single application with one account – something that is essential to our clients. In addition, we were highly impressed with both the desktop and mobile capabilities of the platform that also has a key Trade Ideas functionality.”
TraderEvolution has been expanding its offering and reach across the trading industry. In recent months, the company announced an integration with ICE Data Services, part of the Intercontinental Exchange (NYSE:ICE).
The trading software provider has also partnered with a number of financial institutions, such as Velocity Trade, Borsa Istanbul, Trading Central and more.
“The addition of this important partnership in the Far East perfectly underscores our capability to adapt to the needs of different markets,” added CEO of TraderEvolution, Roman Nalivayko in the statement.
“The combination of multi-market product offering, retail clientele and specifically customized requirements made this project to be very much in line with our specialization. We are continuing our expansion across different geographies and are pleased to help with such ambitious projects.”
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