Munich based Devexperts, which develops retail and institutional trading platforms and provides cloud based financial data infrastructure, has announced that it has partnered with US based Bookmap in the release of trading platform Bookmap version 7.
Bookmap is an innovative visualization and trading platform for US Equities, Futures and digital currencies.
Bookmap’s data visualization offers complete depth of market transparency. The platform’s heatmap allows traders to monitor the auction, observe and interpret the evolution of the order book, the market microstructure and the volume traded with amazing clarity. With the power to execute trades directly from the chart, Bookmap is the first independent software vendor (ISV) enabling to trade Futures, Stocks and Digital currencies simultaneously. In addition, Bookmap also includes advanced order flow analytics, indicators and automated strategies.
With Bookmap v7 traders can now benefit from:
- A unique approach to visualizing the dynamic in the order book on the fly, further enhanced with a new colored heatmap supporting a wider color range.
- Trade stocks with fast action directly from the chart. It is now possible to trade stocks on Interactive Brokers while connecting via Devexperts to Nasdaq Totalview full market depth data.
- Access to crucial price information by comparing the current and historical liquidity in the market. This became available with the support of historical market depth data for any instrument subscription. Devexperts launched a unique dxFeed orderbook charting service for Bookmap, specially designed to minimize bandwidth requirements for heavy FOD data delivery used for visualization.
- Enhanced trading opportunities in multiple security types. Added connectivity and trading to the GDAX exchange, enabling the trade of Digital Currencies such as Bitcoin and Etherium.
Eugene Kuznetsov, Director of Product Management, Devexperts, said:
At Devexperts we’re passionate about investigating new ideas and transforming them into innovative software products that are built on Devexperts technologies. We have applied our experience in historical data aggregation technologies to provide a unique orderbook charting service for its visualization in Bookmap 7. Historical depth data has never been so accessible. Together with Bookmap we now have an amazing solution which leads a new era in charting software and sets new standards for market data visualization.
Tsachi Galanos, Bookmap CEO added:
In Bookmap 7 we have incorporated several innovative features, and addressed many requests from our users, such as access to historical depth data. Together with the high quality market data provided by Devexperts, Bookmap offers excellent value to all traders at an affordable price.
Mr. Galanos’ comments echo the trend in recent years where more professional traders demand precise high quality data visualization. The combination of Devexperts’ data with Bookmap’s visualization meet the demand of these traders and offer them competitive trading advantages.
For a brief overview of the platform please see the following video:
More information on the Bookmap platform can be seen here.