Devexperts, a global software developer for the capital markets industry, has launched a turnkey futures trading platform that will enable brokers looking to expand into both futures and options on futures trading.
“We have seen a steady increase in futures trading volumes over the last few years and there continue to be a number of international market factors that suggest this trend is likely to continue,” said Peter Snasdell, Senior Vice President at Devexperts.
“We are living in exciting times where we are seeing progress happening very quickly. Factors such as regulatory and policy shifts in response to change, for example, have led to market conditions that lend themselves favourably to options and futures trading,” he told Traders Magazine.
The idea of this platform is to be provided both as an “out-of-the-box platform white-labelled with a broker’s logo”, and as a flexible solution for those with legacy infrastructure and many integration points, Snasdell said.
The number of customization options is almost unlimited, examples include: implementing different/unique workflows, automation, specific risk rules and settings, layouts, integrations options (executing venues, market data, third party tools for marketing, support, analytics, etc.), he said.
The new futures trading platform provides brokers with access to futures and options on futures on CME and ICE; is partnered with a futures commission merchant; and features DOM ladder trading, with simplified, one-click order placing functionality removing complexity, and aligning with UX expectations on specialized futures platforms.
According to Snasdell, the depth-of-market (DOM) ladder provides a clear visualization of order groups, such as OCO (One-Cancels-the-Other) or OSO (One-Sends-the-Other) orders, and incorporates trade parameters like bracket order price levels.
“With one-click order placement, traders can execute orders instantly, reducing friction and ensuring fast execution in high-speed futures markets,” he said.
The platform’s customizable and adaptive UI allows traders to personalize their layouts to fit their trading style, while brokers can offer preset layouts designed for novice users, he said, adding that this helps new traders get started quickly without overwhelming them with unnecessary complexity.
“A clean, high-performance interface ensures optimal speed in data processing and execution, minimizing distractions while keeping real-time market insights front and center,” Snasdell said.
Other functions include a real-time order management system (OMS), with automated real-time calculation of SPAN margin requirements and built-in pre-trade validation of placed orders to ensure margin requirements are satisfied; as well as a post-trade monitoring function that ensures portfolios are automatically liquidated in case of market moves, whilst also allowing brokers to offer intraday margin discounts and liquidation levels according to their risk management practices.
“Our platform’s automated SPAN margin calculation is a key component of pre-trade risk controls, ensuring that orders comply with margin requirements before execution,” Snasdell said.
As part of CFTC Rule 1.73 compliance, pre-trade validation checks margin sufficiency, position limits, and overall exposure to prevent excessive risk-taking and market abuse, he said.
Beyond pre-trade validation, margin is continuously monitored post-trade to help brokers manage client risk dynamically, he added.
“By integrating these automated controls into the trading workflow, our platform enhances brokers’ ability to comply with regulatory requirements while protecting market integrity,” he said.
The platform provides full integration with executing destinations, with existing destinations including CQG, StoneX, and others.
“We see brokers and firms within the US market as being most likely to benefit from this platform most immediately,” Snasdell said.
This is for various reasons, he explained, the regulatory environment in the US means derivatives such as futures and options are particularly attractive instruments for US traders.
The existing infrastructure surrounding these is therefore strong which is of course a big advantage, he said.
“The market conditions we are currently seeing mean traders are looking for opportunities to trade on these instruments, so we are happy to be in a good position to be able to help both our existing and prospective customers meet this demand,” he said.
According to Snasdell , the platform is designed to meet the high-performance demands of experienced futures traders by delivering fast execution, advanced order types, and a customizable trading workflow.
“With an optimized, low-latency infrastructure, traders can execute orders with minimal slippage, a critical advantage for active traders and scalpers,” he said.
To support precise risk management and automation, the platform offers advanced order types, including bracket orders, OCO orders, and trailing stops, he said.
“By focusing on speed, flexibility, and execution control, our platform provides professional traders with the tools they need to compete effectively in the fast-moving futures markets,” he added.
Snasdell also said Devexperts has an AI bot called Devexa, which will soon be integrated across all their products, offering a wide range of benefits including knowledge base capabilities, natural language responsiveness, and automated tailored alerts.
“Devexa is also integrated with multiple external platforms, providing services such as market data analysis, real-time trading alerts, and CRM connectivity,” he said.
“The Devexa team is, in addition, now actively working on machine learning-based predictive tools which could help brokers with client profiling, segmenting them according to their areas of interests and thus providing personalized offers and news, helping to retain active traders and enhancing engagement,” he concluded.
