Buying and selling know-how supplier, ParagonEX introduced on Monday that it has developed a brand new monetary buying and selling platform, which will likely be deployed by its present world purchasers.
“CFD buying and selling is growing at breakneck velocity,” Simon Duggan, CEO at ParagonEX, said. “Extra devices, asset lessons, and even instrument sorts are discovering their approach into the retail dealer’s palette and we’ve developed a platform that doesn’t restrict our purchasers’ selection.”
As detailed by the corporate, the brand new platform presents added options with an up to date consumer interface.
The platform will provide greater than 100 technical indicators and charting devices and can enable merchants to manage leverages on every place. It’ll additionally add a proprietary revenue/loss simulator that can consider goal ranges based mostly on spreads.
“We’re already receiving optimistic experiences from our purchasers,” Duggan added. “The velocity at which capabilities are accessed, particularly on the cellular app model, is surpassing expectations.”
Rising Choices to the Buying and selling Trade
ParagonEX was established in 2008 and presents three predominant merchandise: ParagonEX Prime, a personalized software program and companies answer; ParagonEX Dynamic, a small and medium-sized brokers-focused answer; and ParagonEX Community, a lead acquisition and conversion instrument.
The corporate is rising its providing additional and launched a platform for novice merchants final yr.
The most recent announcement added that the brand new buying and selling platform will likely be obtainable on cellular as nicely for merchants utilizing each iOS and Andriod units.
ParagonEX has already rolled out the brand new platform to a few of its purchasers. Nevertheless, it didn’t present any timeline for the complete launch.
“We’re anticipating the platform to be obtainable on increasingly more dealer websites because the yr continues,” Duggan stated.