Modern Technologies Are Changing the Face of Trading

Modern Technologies Are Changing the Face of Trading

Capital Markets CIO Outlook | Friday, November 30, 2018

Trading platforms have undergone a revolutionary change in the recent past. For over a decade, the foundation of almost all trading platforms has pivoted on technologies such as Java, .NET, and others. While technologies continue to offer scalability, convenience, and flexibility to the consumer, the financial trading industry has witnessed a seismic shift from being a manually-operated industry to now a fully-automated one. Traders today feel empowered, thanks to modern trading platforms encompassing all the required tools to execute trade. While the number of mobile users is increasing by leaps and bounds, trading platform providers have been forced to adopt a more robust solution that offers utmost compatibility—across platforms and devices.

One of the technologies, HTML5, comes bundled with loads of features and characteristics that enable the coder to build platforms with ease, offering consistency, mutuality, improved interactions, enhanced accessibility and more. Building platforms using HTML5 allows providers to incorporate state of the art features into their consumer platforms including video feeds, advanced charting tools, and customizability, thus enhancing customer experience significantly. On the other hand, the trader can trade conveniently and enjoy faster platform responsiveness, have access to almost all indicators and be able to customize charts and build trading setups. The runtime environment such as node.js has given a boost to the speed at which real-time data is processed and delivered to the trading interface.

In conclusion, traders are leaving no stone unturned to grab every opportunity to build customer loyalty. They are introducing avant-garde features in their platforms—like trading robots and social trading option to retain existing customers and build a new customer base. For a trader, having the exposure to such features on a single page will enable them to make actionable decision while trading in the market.

Check Out This: Customer Experience Management Solution Companies

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