Turkish Broker Global Securities Enriches Their Trading Platform with Devexperts

FinanceFeeds Editorial Team

The Global Securities trading platform developed by Devexperts has received three new features to keep traders better informed of market events. The new features are radio, video, and model portfolio tracking.

The winds of digital change are blowing faster with the pandemic, causing new requirements to emerge in the investment ecosystem. Investors prefer brokerage houses that keep up with the digital age. This has pushed Turkish trading platforms to take action. There, the investment ecosystem is rapidly digitalizing in parallel with global developments. 

Devexperts, a software company that develops trading platforms for retail and institutional brokers, continues its cooperation with Global Securities and has released a number of updates for the BayGlobal trading platform. Being already 30 years in the business, Global Securities has played a significant role in developing the Turkish capital markets. 

BayGlobal now enables users to listen to live broadcasts of Global’s financial analysts. Every episode of Global’s podcasts is recorded, and always available for users in audio or video formats on the mobile app or web platform. Global Weekly Outlook, Global Companies Outlook, Trading Academy, and platform tutorial videos are among the popular video series. Users can browse the app and listen to the broadcast simultaneously.

Model Portfolio tracking is another significant addition. This is a publicly available portfolio of equities curated by Global analysts and offered to traders as an investment idea to replicate a similar portfolio with their account. If users replicate the Model Portfolio suggested by Global analysts, they can see their aggregated P&L in real-time on the platform. Otherwise, users can continue working with their own portfolio, and compare their performance with Global Analysts’ portfolio in real-time.

“With our investments in technology, trading volume in BayGlobal has increased 6 times since July 2020, during which the world has been enduring the pandemic situation.”

Gülşeyma Doğançay, Global Securities CEO, said: “We are investing in technologies and applications that help users to better track capital markets and provide them with investment suggestions. BayGlobal was designed to serve thousands of people simultaneously on web and mobile (iOS or Android) devices. We believe this NextGen trading platform has raised industry standards. Users can manage their portfolios, track the market using personalized instant notifications, and improve their performance by consuming our podcasts and videos. Thanks to our investments in the platform, the number of users has tripled. And with that, trading volume and subsequent commission income have increased by 6 times.”

“Our objective is to offer a good user experience to Turkish investors.”

Speaking about the project details, Oğuzhan Karakoç, CEO of Devexperts Turkey said: “This was a project where we were able to realize the visionary ideas of BayGlobal and to improve the lives of their traders. Our objective is to offer a best-in-class user experience to Turkish investors by developing applications that are proven with a large number of brokerage and investment companies all over the world.” 

Read this next

Retail FX

Investors from Cyprus and Dubai acquire ‘significant stake’ in M4Markets

Seychelles-regulated brokerage firm M4Markets firm has picked up some investment from Cyprus and Dubai based investors in a new funding round that it will be using to grow its business.

Executive Moves

UAE broker Amana elevates Amr Masry to sales director

Amr Masry has been promoted to a new senior role at Amana Capital, becoming the group’s newest Sales Director, following a successful tenure with the UAE-based FX and CFDs broker.

Executive Moves

TopFX promotes Omar Al-Janabi to head of sales and business development

Prime brokerage firm TopFX has strengthened its Middle East operations with the promotion of Omar Al-Janabi, who is taking on an expanded role as global head of sales and business development.

Retail FX

Plus500 says 2022 revenue to be ‘significantly’ ahead of analysts’ estimates

Israeli-based, but London-stock market listed Plus500 said it expects annual revenue and earnings to be ahead of analysts’ estimates even as trading levels normalised from record volumes in the first quarter.

Digital Assets

Crypto derivatives giant BitMEX launches spot market

Crypto exchange BitMEX is looking to branch out of its singular focus on crypto derivatives with a suite of new product offerings. Although derivatives are to remain at the heart of BitMEX’s business, the popular platform will add spot crypto trading as it aims to aggressively grow their user base.


PrimeXM reports mixed trading volumes for April

PrimeXM has reported weaker trading volumes for April 2022, in line with other institutional and retail platforms that saw the activity of their clients dropped compared to a month earlier.

Digital Assets

DLT Finance approved by BaFin to support brokerage and custody of digital assets

DLT Finance is already partnered with big names within the digital asset space, including Kraken, Bitstamp, B2C2, and Bittrex.

Institutional FX

LUKB taps vestr to launch actively managed products, AMCs

The partnership with vestr goes to show the growing importance of digitising the active investment management space.

Digital Assets

Jewel taps Tokeny to launch stablecoin-as-a-service solution on Polygon

Jewel aims to offer a stablecoin-as-a-service solution to other digital asset and financial institutions B2B, allowing those businesses to provide cheaper, easier and near real time payments with stablecoins issued and redeemable directly at the bank level at Jewel.