Turkish broker Tera Securities goes live with TraderEvolution’s platform

Rick Steves

Turkish brokerage house Tera Securities embraces the Makinali platform powered by TraderEvolution multi-market software.

TraderEvolution, the leading multi-market trading technology provider onboards Tera Securities, an independent non-bank brokerage house operating in Turkey since 1990, onto its brokerage solution dedicated to the Turkish market.

Tera Securities offers equities, derivatives, CFDs, and FX and aims at offering those to traders and investors under a unified multi-asset trading platform branded as Makinali which is powered by TraderEvolution’s back-end and front-end systems.

On top of direct integrations with BIST (former Borsa İstanbul) that TraderEvolution already had, the vendor developed additional gateway and drop copy integrations for the Makinali project, to make the setup for Tera Securities optimal. The broker will utilize the full multi-asset capabilities of the solution along with its account and portfolio management features.

Tera is preparing for its IPO at Borsa Istanbul, and in our offering circular, we have announced that we will invest 10% of our IPO income to technology. We believe Makinali will be the premier analytics and trading platform, with our multi-asset offering. ” – says Dr. Abdulkadir Cakir, CEO of Tera Securities.

Firat Gurler, the founder of 6Zeka commenting for Makinali:
The participation in Borsa Istanbul by retail investors has increased significantly in the last 5 years and there is a growing demand for scalable investment intelligence. With Makinalı, our end-to-end intelligent investment platform, we are aiming at improving, growing, and evolving the financial markets.

About Tera Securities:
Tera Securities is an independent (non-bank) brokerage house, operating in Turkey since 1990. Tera offers a wide range of financial products, i.e. equity trading, derivatives, CFDs, FX instruments, international markets.
For more information, please visit: www.terayatirim.com

About 6Zeka:
6Zeka is listed as a data vendor at Borsa Istanbul and is focusing on new approaches to Machine Learning and Market Data Analytics in financial markets. Created as a joint venture between TraderEvolution Global Ltd. and 6Zeka, the Makinali project is devoted to bringing a digital transformation to the Turkish market by offering every broker in the country modern brokerage technology and the global market connectivity.
For more information, please visit www.6zeka.com

About TraderEvolution
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. 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.
For more information please visit: traderevolution.com

Read this next

Retail FX

CySEC delists Leverate from investor compensation fund

The Cyprus Securities and Exchange Commission (CySEC) announced that Leverate, a provider of brokerage solutions for the financial services industry, has been excluded from its investor compensation fund today.

blockdag

Top Crypto Investment: BlockDAG Outpaces Bitcoin Price and Cardano ADA Upgrades, Securing $19.3M in Revolutionary Presale

After plummeting below the crucial $70,000 mark amidst geopolitical tensions, the Bitcoin price is signalling a recovery as it climbs past $63,000. Concurrently, Cardano ADA upgrades, particularly the much-anticipated Chang Hardfork.

Fundamental Analysis, Tech and Fundamental

Global FX Market Summary: Middle East, US economic data, Eurozone data April 22 ,2024

US Dollar strengthens as easing Middle East tensions and strong economic data boost investor confidence, while dovish central banks and weak data weigh on the Euro.

Digital Assets

Thailand moves to block crypto websites to combat online crime

Thai authorities announced that they will block access to unauthorized cryptocurrency platforms. The decision was made after a meeting of the Technology Crime Prevention and Suppression Committee.

Tech and Fundamental, Technical Analysis

GBPUSD Technical Analysis Report 22 April, 2024

GBPUSD currency pair can be expected to fall further toward the next support level 1.2200, previous strong support from November.

Fintech

TT now enables users to create synthetic multi-leg instruments

“TT Splicer combines the ease and flexibility of TT’s market-leading Autospreader with the power of our best-in-class execution algos to uniquely minimize slippage and optimize trade execution when trading synthetic multi-leg spreads.”

Fintech

Imandra launches FIX Wizard: AI assistant for FIX connectivity suite

“LLMs hold tremendous promise, but ultimately cannot be trusted in regulated environments. By combining their strengths with scalable, rigorous automated reasoning, we obtain a kind of magic: conversational interfaces with correct reasoning and domain-specific skills.”

Chainwire

Sui Overflow Hackathon Funding Pool Balloons to $1,000,000 as New Sponsors Join

Alibaba Cloud, AngelHack and dWallet are among the latest supporters for the global event.

Institutional FX

Liquidnet launches SuperBlock Matching for equities trading

“The creation of a protected space to trade the most challenging blocks is a direct response to a request from our Membership and is an extension of our existing block trading offering, to facilitate more complex and nuanced trades.”

<