Devexperts Expands Global Presence with a New Office in Dubai
Devexperts, a renowned provider of cutting-edge trading technology, has announced its plans to establish an office in Dubai as part of its strategic expansion into the MENA region. This move underscores the company’s commitment to serving its growing client base and tapping into the rising demand for trading solutions in the region.
Founded in 2002, Devexperts has built a stellar reputation for delivering innovative software solutions for the capital markets. With core expertise in multi-asset trading platforms, matching engines, and exchange technologies, the company operates globally from its headquarters in Ireland. Supported by a team of over 800 engineers stationed in the USA, Germany, Singapore, Portugal, Turkey, Bulgaria, and Georgia, Devexperts continues to lead the charge in financial technology innovation.
Why Dubai?
Ben Hurley, CEO of Devexperts, highlighted the growing importance of the MENA region for the trading industry. “The MENA region is rapidly becoming a hub for the trading sector, creating significant opportunities for brokerages,” Hurley said. “Over the past two years, we’ve witnessed rapid growth in our client base in the UAE and Saudi Arabia. Establishing an office in Dubai is a logical step to strengthen our presence and better serve our clients across the region.”
The Dubai office is set to open by mid-2025, marking another milestone in Devexperts’ global expansion journey. Alongside this move, the company has also bolstered its operations in the APAC region and the USA, ensuring its services remain robust and far-reaching.
Innovative Solutions Driving Growth
Devexperts is well-known for its flagship product, DXtrade, a versatile trading platform that supports investments in stocks, commodities, futures, options, forex, funds, and cryptocurrencies. Their portfolio also includes:
- DXtrade XT: Tailored for proprietary trading firms.
- DXmatch: A high-speed, scalable matching engine.
- DXcharts: A sophisticated charting library.
- Devexa: An AI-powered trading assistant.
- dxFeed: A market data service offering comprehensive financial market insights.
Beyond its product suite, Devexperts provides bespoke development and consultancy services, catering to the unique needs of financial institutions worldwide.
A Vision for the Future
Hurley emphasized the company’s focus on global growth: “As an international company, our business spans Europe, the USA, and beyond. Expanding into the UAE aligns with our vision of supporting brokerages and financial firms in key regions while exploring new opportunities.”
Earlier in 2024, Devexperts also expanded its workforce in Singapore and Australia, reinforcing its position as a global leader in trading technology.
About Devexperts
Since its inception in 2002, Devexperts has been a trusted partner for retail and institutional brokerages, wealth management firms, banks, and exchanges. The company’s dedication to innovation and excellence has solidified its status as a leader in the financial technology industry.