dxFeed, a provider of data and index management solutions for the financial industry, has announced the launch of an Infrastructure as a Service (IaaS) project for Tradu, an advanced multi-asset trading platform aimed at active traders and investors.
In this venture, dxFeed manages critical aspects of infrastructure and data delivery for Tradu.
dxFeed is ready to address all the technical challenges associated with delivering market data to hundreds of thousands of end users, allowing Tradu to focus on its core business goals. Users around the world can seamlessly connect to Tradu’s platform, receiving authorization tokens to access high-quality market data from EU, US, Hong Kong and Australian Stock Exchanges. This approach eliminates the complexities and bottlenecks associated with building, maintaining and scaling the infrastructure required for such widespread global data access.
dxFeed’s scalable, low-latency infrastructure ensures the delivery of unified and leading market data from multiple sources to customers located in Asia, the Americas and Europe. With the ability to quickly scale and meet growing performance demands, dxFeed is equipped to serve hundreds of thousands of concurrent clients, with the ability to scale the solution even further to meet ever-increasing demand, while providing a seamless and reliable experience.
One of the highlights of this partnership is the introduction of brand new data feed services exclusively for Tradu’s Stocks platform. This exclusive solution enhances Tradu’s offerings and demonstrates dxFeed’s commitment to providing customized and innovative solutions.
Tradu also benefits from dxFeed’s stock radar—a comprehensive technical and fundamental market analysis solution. This software as a service (SaaS) integrates seamlessly with infrastructure, offering added value to traders and investors by simplifying complex analytical tasks.
In addition, Tradu takes advantage of dxFeed’s complex feed.
Brendan Callan, CEO of Tradu, commented:
“When thinking about our new sophisticated multi-asset trading platform for the active investor and investors, we faced the need to expand media and user numbers. We realized that we needed a highly skilled, professional team to develop the infrastructure, taking into account the specifics of our processes and services.
On the one hand, it allows our customers to receive quality consolidated data from multiple sources. On the other hand, as a leading global online currency provider, we can deploy dxFeed’s geo-scalable infrastructure and rapidly scale to meet the growing performance demands to deliver data to our hundreds of thousands of customers around the world.”
Oleg Solodukhin, CEO of dxFeed, added:
“The range of businesses that find the Market Data IaaS (Infrastructure as a Service) model attractive continues to expand. This approach is gaining traction among a variety of businesses, from agile startups looking for rapid growth to established, prominent brands that recognize the strategic benefits of outsourcing market data infrastructure to specialist firms.”