2 years ago
103 FinanceFeeds -
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.”
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