Things to Know About the Evolution of Trading Platforms

Things to Know About the Evolution of Trading Platforms

Firms who offer their own platforms do so for a number of reasons. Sometimes they choose not to pay for a license from one of the software developers and task their in-house tech teams with creating one. In other instances, they like to offer clients as many options as possible. That means letting customers choose among in-house proprietary systems, software for which the firm has paid a license fee, and using their own packages. Some of the in-house systems include special features developed for large groups of clients, like special charting or analysis capabilities.
Firms who offer their own platforms do so for a number of reasons. Sometimes they choose not to pay for a license from one of the software developers and task their in-house tech teams with creating one. In other instances, they like to offer clients as many options as possible. That means letting customers choose among in-house proprietary systems, software for which the firm has paid a license fee, and using their own packages. Some of the in-house systems include special features developed for large groups of clients, like special charting or analysis capabilities.
Firms who offer their own platforms do so for a number of reasons. Sometimes they choose not to pay for a license from one of the software developers and task their in-house tech teams with creating one. In other instances, they like to offer clients as many options as possible. That means letting customers choose among in-house proprietary systems, software for which the firm has paid a license fee, and using their own packages. Some of the in-house systems include special features developed for large groups of clients, like special charting or analysis capabilities.

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