"AI to Drive Demand for Sophisticated Trading Tools": FMLS:23 Explores Multi-asset Trading
<p>During the Finance Magnates London Summit (FMLS:23),
a new multi-asset brokerage platform was unveiled at an exclusive fireside
chat with Brendan Callan, the CEO of Stratos Group, and Matt Barrett, the CEO and Co-Founder of Adaptive Financial Consulting. </p><p>Dubbed Tradu, this platform aims to transform the
trading landscape, offering a seamless experience for active investors. As the
duo delved into an insightful conversation, a bold vision for the future of multi-asset trading unfolded.</p><p>Multi-asset Trading for Active Investors</p><p>Under Stratos Group, Tradu aims to address the
complexities of multi-asset trading with a user-centric approach. According to
Callan, Tradu aims to be the finance super app for active investors, combining
simplicity, sophistication, and a focus on empowering users.</p><p>Callan kicked off the discussion by
revealing the aspects of Tradu, a result of two years of collaboration with Barrett's team at
Adaptive Financial Consulting.</p><p>He mentioned: "Tradu will have FX and CFDs, it
will also have listed equities trading, it will have a spot crypto exchange
inside the portal, and it will have an e-wallet solution." </p><p>With a diverse range of offerings, including FX,
<a href="https://www.financemagnates.com/tag/cfds/" target="_blank" rel="follow">CFDs</a>, equities, spot crypto exchange, and an e-wallet solution, Tradu is poised
to cater to the diverse needs of the modern investor, Callan explained. </p><p>The Market Opportunity and Tradu’s Positioning</p><p>Callan highlighted the market gap Tradu aims to
fill. Existing <a href="https://www.financemagnates.com/terms/m/multi-asset/">multi-asset</a> trading options either involve managing numerous
accounts across different brokers or dealing with convoluted interfaces.</p><p>However, <a href="https://www.financemagnates.com/forex/fxcms-sister-tradu-taps-crossovers-crypto-ecn-ahead-of-launch/" target="_blank" rel="follow">Tradu</a> seeks to streamline this by providing a
unified portal with separate sub-accounts, offering a best-in-class experience
for each asset class. Callan stated: "Tradu way is one firm, obviously one
app, one login, but you get access to a portal, and then you click into each of
these sub-accounts." </p><p>Additionally, the presentation highlighted Tradu's
approach to multi-asset trading and the importance of regulatory compliance and
technological sophistication in the crypto space. </p><p>Barrett emphasized that Tradu isn't just a new
venture; it's built on the foundation of over 20 years of trading technology
expertise. Stratos Group's experience in serving FX traders, known for their
high expectations, positions Tradu to meet the needs of active investors
seeking sophisticated trading tools.</p><p>Empowering Investors beyond Gamification</p><p>In an era where gamification is prevalent in trading
apps, Callan emphasized Tradu's commitment to steering clear of such tactics.
The platform's focus is empowering the active investor rather than creating a gamified
user experience. He said: "We consider FX traders to be kind of the super
users of trading technology." </p><p>Besides that, Callan and Barrett discussed the strategic decision to
build rather than buy technology. The partnership with Adaptive Financial
Consulting, known for its expertise in building trading technology, aligns with
Tradu's commitment to maintaining core expertise while enhancing the platform
with third-party partnerships.</p><p>Callan said: "Stratos group has been building
trading technology for over 20 years and obviously has somewhat of a biased
opinion here, but I certainly consider FX traders to be super users of trading
technology." </p><p> Navigating
the Future: Cloud Migration and Liquidity</p><p>The conversation delved into the emerging
technologies in the industry cloud migration and the future of liquidity. While
embracing the <a href="https://www.financemagnates.com/terms/c/cloud/">cloud</a> for scalability and adaptability, Callan explained certain
aspects like price formation in Tradu. The discussion highlighted the ongoing
shift and the potential impact on the retail trading space.</p><p>"The cloud is rightly the way forward, is the
solution, it is ultimately scalable, it is secure, it's adaptable, it's
flexible," Callan mentioned. </p><p>Additionally, the chat highlighted artificial
intelligence (<a href="https://www.financemagnates.com/tag/ai/" target="_blank" rel="follow">AI</a>) technology. Callan mentioned: "With AI, there's going to be
an unforeseeable amount of demand and interest in highly sophisticated trading
tools."</p><p>Challenges Faced by Brokers</p><p>Barrett shared insights into the challenges faced by
brokers in deploying new functionalities. The discussion touched on the gap
between technological capability and brokers' ability to implement changes,
emphasizing the need for agility in a rapidly evolving market.</p><p>A member of the audience asked for more details about
Tradu's crypto offerings, prompting Callan to elaborate on the platform's plans
for crypto CFDs and spot exchange. The discussion transitioned to the evolving
landscape of regulation and stability in the crypto market.</p><p>Participate in Our Fraud Survey: Your Opinion Matters!</p><p>We invite you to participate in our joint survey conducted
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This article was written by Jared Kirui at www.financemagnates.com.
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