TEB Investment Launches Mobile Trading Platform Developed by Devexperts

TEB Yatirim Launched the Mobile Trading Platform Developed by Devexperts
TEB Investment Launches Mobile Trading Platform Developed by Devexperts

While Borsa Istanbul is increasingly preferred among investors seeking returns, investors also need tools where they can follow the data instantly and make purchases and sales from anywhere at any time. Devexperts, which develops special software for institutions operating in the capital markets, developed a mobile trading platform for TEB Investment.

Borsa İstanbul (BIST), which achieved significant success in 2022, stood out as an important alternative for investors. The BIST100 index rose to 196,57 points with a return of 5.509,16% last year, performing well across the world. This rise of BIST was recorded as the strongest increase since 1999. According to the data of the Central Registry Agency, as of the end of the year, the number of investors in the BIST increased by 61 percent to 3 million 794 thousand 409, while the portfolio value reached 6,2 trillion liras.

Devexperts Turkey CEO Oğuzhan Karakoç, who pointed out that data is of great importance in the buying and selling decisions of the increasing number of investors, said that the increasing use of technology in the sector is also effective in the growth of the investment ecosystem. Explaining that they have developed a mobile trading platform called TEB YATIRIM TRADER for TEB Investment, one of the subsidiaries of Turkish Economy Bank (TEB), Oğuzhan Karakoç said, “Users can direct their investments with data-based decisions by taking advantage of the market data provided by dxFeed, a subsidiary of Devexperts.” said.

Contract management with mobile application

Oğuzhan Karakoç said, “The possibility of remote customer acquisition, which was brought to banks during the pandemic period, was also introduced to brokerage houses and portfolio management companies this year, enabling investors to access investment instruments more and more easily,” said Oğuzhan Karakoç, adding that the contract signing process was also included in the TEB INVESTMENT TRADER application. He emphasized that investors can focus on buying and selling transactions.

Anytime and anywhere access to the stock market

Pointing out that Borsa Istanbul Equity Market and Futures and Options Market can be accessed anytime and anywhere with TEB YATIRIM TRADER, Oğuzhan Karakoç said, “The mobile application that we developed as Devexperts, one of the leading software development companies in the capital markets, runs on iOS and Android operating systems; Stocks, options, futures and warrants can be traded. Users can benefit from customized reports and recommendations from TEB Investment's research experts. With the watch list, warning mechanism, temperature map and various analysis tools, the right investment decisions can be made by following the market effectively.”

Getting acquainted with banking and intermediary institutions

Saying that TEB Investment is their first customer as a bank intermediary, Devexperts Turkey CEO Oğuzhan Karakoç concluded his words as follows:

“We are always excited about projects in the banking field. TEB has a special place for us. We had the opportunity to work with TEB Investment in this project as well, and we gained significant experience during the implementation phase of the project. We are happy to offer our expertise in developing special software for corporations operating in capital markets, and quality products that we have developed for user interface and market data transfer, to the service of investors in Turkey through TEB Investment.”