The relatively new start-up Tradable continues expanding: it has collaborated with Dow Jones to develop a news application that will be exclusive to the new platform.
The Danish company recently announced a partnership with NetDania, a well established developer of charts. For more on the cooperation with Dow Jones, here is the official press release:
Tradable, the new online platform which is transforming the trading market, has announced a partnership with Dow Jones to develop a news app to be made available exclusively through the platform.
The award-winning open trading platform is working with Dow Jones to launch an FX Select app offering brokers real-time, breaking global FX news, expert trend analysis and in-depth policy commentary.
Dow Jones FX Select is the leading news service for online FX brokers for their retail clients and the app will help online traders identify opportunities and make smart trading decisions.
Tradable, which was last year voted the most innovative financial product at the ForexMagnates Summit in London, allows traders to create a completely customized online platform using third party developed apps to fully define their trading experience.
Christian Frahm, executive chairman and founder of tradable, said: “From our initial discussions, it was clear that Dow Jones shared tradable’s vision and that the app model fits well with their own plans. It’s a significant day in tradable’s development that we can introduce the Dow Jones-partnered app to the platform.”
“Dow Jones is one of the world leaders in financial data, news and analysis. To have secured a company of its prestige is a real testament to the quality of the tradable platform that we have developed, as well as its supporting products.”
Jannick Malling, CEO and co-founder of tradable, said: “The reason tradable is offering an AppStore model is because we don’t see ourselves as experts in delivering apps and tools for traders. Instead, we are working alongside specialist third parties to ensure that tradable is the most informative and useful platform on the market. Having one of the world leaders in financial data as an official app vendor on the tradable platform is a perfect match.”
Joe Cappitelli, head of financial products at Dow Jones, said: “Fast, accurate and actionable FX news is core to what we offer the online trading community – round the clock business, economic and political news is a principal and constant driver for these markets. Through our alliance with tradable, retail traders will benefit from real-time access to our market-moving FX news, as well as deep commentary and analysis from our global network of reporters.”
“The model represents a new and unique way for Dow Jones to deliver its services to the retail FX market, as well as an innovative framework that extends the possibilities of how news can help traders make money.”
Additional apps on the tradable platform include automated trading tools, algorithmic trading strategies, social apps and charting tools. Among the first companies to have developed apps for the platform are several major tech organisations, smaller financial technology firms and fin-tech start ups. Further app development is ongoing.