Devexperts has introduced DXtrade Institutional, a custom-built multi-asset trading platform designed for banks, hedge funds, asset managers, and market makers looking to modernize their front-end trading systems.
The new platform, launched today, marks a shift from Devexperts’ traditional off-the-shelf DXtrade offerings to a fully customizable single-dealer solution.
DXtrade Institutional is tailor-built using each customer’s existing platform as a foundation
Unlike previous DXtrade variants, DXtrade Institutional is tailor-built using each customer’s existing platform as a foundation. Devexperts says this approach allows institutions to maintain control over pricing, risk management, and liquidity distribution while integrating a scalable, multi-asset solution with a modern user interface.
DXtrade Institutional supports trading in spot, forwards, swaps, and options, offering direct trade execution alongside advanced risk management features, including pre- and post-trade risk controls. The platform is designed for full scalability with flexible deployment options, ensuring it can evolve alongside institutional requirements.
With over 20 years of experience in capital markets software development, Devexperts has built a reputation for delivering institutional-grade FX trading solutions. The company emphasizes its commitment to helping capital markets firms grow and adapt, leveraging API-driven architectures and institutional trading expertise to optimize user experience and investment returns.
“The first DXtrade product we have launched that is not an off-the-shelf solution”
“This is the first DXtrade product we have launched that is not an off-the-shelf solution, but built specifically for each customer, offering a tailored solution that builds on and improves their existing software and meets firms’ unique operational needs,” said Nick Mortimer, Institutional Business Development at Devexperts.
“The standout aspect of DXtrade Institutional is that it comes with a dedicated team offering deep institutional trading software development expertise,” said Anthony Mervin, Vice President at Devexperts. “Devexperts focuses on building long-term relationships with its customers, meaning firms will have ongoing access to this expertise, as well as support to ensure software is maintained and optimized, both in the short and long term.”
Jon Light, Head of OTC Platform at Devexperts, highlighted the benefits of DXtrade Institutional for firms seeking to keep their technology competitive without investing heavily in internal development. “We developed DXtrade Institutional with a view to helping banks, hedge funds, asset managers, and market makers to ensure their technology is up-to-date and competitive, without the need to invest in internal development resources, which can be both time-consuming and costly.”
“We are really pleased to be bringing our consultancy and custom development expertise to single-dealer firms, and believe DXtrade Institutional can offer a solution to those working with legacy systems that delivers strong, long-lasting outcomes for optimized user experience and robust return on investment,” said Peter Snasdell, Senior Vice President at Devexperts.
Devexperts’ move into customized trading infrastructure solutions aligns with a broader industry trend toward bespoke trading environments. The launch of DXtrade Institutional underscores the company’s focus on long-term partnerships and tailored technology solutions for institutional clients.