WIKIFX REPORT: Complete X Open Hub’s trading infrastructure to support a new growing trend

Growing market demand

The post-pandemic era mirrored the growing tendency of central banks to reprint money, forcing investors to seek out various forms of investments to hedge against rising inflation. To ensure the widest possible range of services and to respond to the increasing demand for capital expenditures, banks all over the world are joining the group of institutions offering their clients new investment opportunities by adding brokerage solutions to their overall offer.

Adequately optimized infrastructure

The most common mistake made when planning a brokerage house is implementing an inadequately optimized infrastructure for the entire project from the very beginning. Most of them lack crucial integrated solutions and do not allow for quick and effective project implementation. Keep in mind that one of the most important features of the platform is an open environment that allows for quick integration.

Currently, forex brokers mainly focus on the most popular trading solutions with access to OTC instruments based on currency pairs and indices. On the other hand, bank brokerage departments in order to meet their clients expectations, are required to provide multi-asset trading solutions with access to the ETF and Shares. As statistics show, a modern platform and a wide range of instruments have a key impact on the success and interest of investors.

Another crucial requirement for such companies is high legal and compliance standards. A partner providing brokerage solutions for banking groups should represent the highest credibility and should be fully compliant with global regulations.

Mobile-first trend

Another important aspect is a fast-growing worldwide trend in mobile trading where in some areas of the world, a larger base of brokerage clients are now using smartphones as a predominant device to trade. According to App Annie, the mobile data and analytics, Finance app installs flourished in 2020, increasing by 15% compared to 2019. Users installed 4.6 billion finance apps globally and spent 16.3 billion hours in-app, up 45% from the previous year. This evenly applies to trading applications.

X Open Hub understands this trend, which is why we are constantly developing mobile applications, creating new functions, improving the user experience, and optimizing stability with low bandwidth internet connections. An experienced UX team analyzes the statistics of users behavior on an ongoing basis. It allows for improving user flow, shortening the path to perform the activity. This makes the application easy to use and speeds up the conversion of users.

The end result even on providing the crucial instruments and the innovative mobile app does not still guarantee full success. However, even providing the crucial instruments and the innovative mobile app does not still guarantee success. It takes far more to reach the utmost level that the market desires.

It takes far more to reach the utmost level that the market desires.

Only a complete brokerage infrastructure focused on marketing can secure the ultimate success for the project.

The XOH trading platform is equipped with the latest financial publications, insights, and trend analysis to help clients make informed trading decisions. It provides its own insight into market news and includes a panel of advanced trading statistics to allow users to track all decisions, test new strategies, and improve trading. Another tool is the Economic calendar, which shows the most important economic events that currently affect financial markets.

The platform has a built-in Stock Market Scanner that allows you to select the most promising assets from a broad selection of groups covering over 5,000 instruments, including access to the EU and US stock markets.

Finally the Heatmaps, an Industry-proven investment tool that synthesizes complex data to help users make faster and better trading decisions.

The XOH trading platform is a real breakthrough in the industry, providing innovative solutions such as visual marketing and direct communication between the brokerage house and the client via integrated videos and chat.

XOH Mobile app offers complete account management, charts, and other vital tools required for real-time financial trading. The platform provides a convenient way to keep up with the markets latest developments, and it empowers the success of some of the fastest-growing retail brokerage firms in the world.

One of the more interesting advantages is that partners can put their own branded apps on the App Store for iOS and Android. This allows them to stay in line with their own branding identification and promote the app under their own logo.

To draw attention to the scope of activity, the largest brokerage company in our portfolio has recently achieved over a million downloads only on Google Play.

Enhanced back office systems

WlCreator is a tool that provides constant access for immense automated branding that allows you to set up a logo, login panel, colors, and unlimited languages.

Partners can rely on the news feed provided automatically and managed by us or alternatively integrate their own local or international content. It also gives full control over video content and a chat provider of choice.

xManager is a robust and easily adjustable administration tool to manage and monitor traders‘ accounts. xManager provides flexible and individual markups and commission, no limitations on the securities groups as well as allows the creation of a custom report or configure suitable trading conditions with no limitations on the client’s accounts and a number of trading groups

Institutional Foundations

X Open Hub is an institutional division of an internationally regulated European financial group with a prominent global presence, providing multiple Banks and Brokers with multi-asset execution, prime brokerage services, and technology.

XTB Capital Group is listed on the Warsaw Stock Exchange and meets the highest standards of corporate governance, financial reporting, and disclosure of information.

As a public company, we are obliged to full transparency and all corporate actions are granularly audited by PWC, E&Y auditors.

X Open Hubs trading solutions enable banks and brokers to achieve a more profitable business with zero total cost of maintenance and trading, and the multi-asset liquidity is equipped with advanced capabilities and features that help you maximize your product offering and diversify your revenue streams.

If you consider providing your clients with more trading opportunities and you are looking for track-proofed trading technology with extensive liquidity coverage, contact their helpful team and ask for a showcased presentation.