Will trading apps replace traditional trading platforms?
Denmark-based trading apps provider tradable announced that its trading apps platform — which now is in working beta testing with six FSA-regulated, UK-based brokerages — now links to Citi’s CitiFX TradeStream.
It is unlikely that platform providers such as MetaQuotes are shaking in their boots, worrying that traders will abandon “traditional” FX trading platforms for a more app-like approach. But the idea of a more open, customizable app-based trading environment is certainly intriguing given how all of us are increasingly doing things online.
As we recently wrote, tradable is not the only one going the app route — industry giant Bloomberg recently launched its financial app store, enabling outside developers to provide all different manner of trading related apps over Bloomberg terminals.
For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.