TraderEvolution Global releases an integral market data entitlement system

Rick Steves

The company serves banks and brokers from around the world, empowering them with an independent and liquidity-neutral solution to facilitate core brokerage operations or to complement their existing solutions.

3.98 update contains an important functionality added to TraderEvolution multi-market trading platform software.
The leading global trading software vendor releases a market data entitlements system for its multi-market trading solution to enable seamless market data usage and reporting for their clients, banks and brokers, as well as for end users.

Brokers who offer investment services involving exchange-traded products inevitably deal with licensing and distributing market data which needs to be supplied to both internal desks and external trading applications provided to end users.

While many brokers look to add exchange-traded products or new markets to their current offering, it becomes more and more complicated for them to manage market data sources and its usage in compliance with licensing requirements.

With the 3.98 update all TraderEvolution brokers will be able to manage and report all market data subscriptions in an easy and sensible manner directly from TraderEvolution’s back office.

The newest feature improves not only the back-end procedures but also positively affects the end-user experience by implementing a dedicated market data subscriptions panel across all front ends. This proprietary mechanism allows displaying all available market data sources along with key information about terms of subscription. Users may understand costs, subscribe to a chosen set of data and accept the electronic user agreement without leaving their front-end terminal. It all makes the whole process as fast and as easy as possible.

TraderEvolution is a multi-market trading platform provider offering modular, tailored solutions that include a back-end with established connectivities to dozens of markets across the globe, and a complex front-end suite with web, mobile, and desktop applications.

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