With a CAGR of 5.1%, the size of the global online trading platform market

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Pune, India, June 14, 2022 (GLOBE NEWSWIRE) — The world online trading platform market is poised to gain momentum from the increasing integration of artificial intelligence (AI) with electronic trading platform solutions. Chatbots help users receive market estimates, trader notification data, account reports, real-time estimates, and generic FAQs. In February 2021, for example, HSBC unveiled a pricing chatbot that uses AI to provide analysis and instant prices for foreign exchange (FX) options to customers. This information is given by Fortune Business Insight™ in a report titledOnline Trading Platforms Market, 2021-2028.” According to the report, the market stands at $8.28 billion in 2020. It should increase from $8.59 billion in 2021 for $12.16 billion in 2028 at a CAGR of 5.1% during the forecast period.

Industry developments:

  • December 2020: Empirica presented its trading algorithm called Volume-Weighted Average Price (VWAP). It is able to reduce the impact on the market price by using a pre-calculated schedule for implementing a larger order.
  • July 2020: E*TRADE Financial Corporate Services, Inc. has launched the E*TRADE Equity Edge Online (EEO) development platform. It can effectively govern, manage and observe participant transactions. At the same time, it can automate workflows and move data to and from a company’s system in configurable and customizable ways.

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Report Scope:

Report cover Details
Forecast period 2021 to 2028
Forecast Period 2021 to 2028 CAGR 5.1%
2028 value projection $12.16 billion
base year 2020
Market size in 2020 $8.28 billion
Historical data for 2017 to 2019
Number of pages 115

Drivers and Constraints-

Increased use of AI in the form of robo-advisors to drive growth

The growing adoption of AI is expected to take the future of online trading platforms to a whole new level. Many companies therefore use this technology in their internal products as robo-advisors. These platforms allow users to execute practices at an optimal price and monitor millions of trading data pointers. Tracxn Technologies, for example, has an auto trading platform that includes three AI-powered engines. It has an active engine that uses machine learning to improve performance, a command engine to perform operational actions, and a strategy engine to analyze potential transactions. However, in developing countries, lack of knowledge about these solutions might hamper the growth of the online trading platform market in the coming years.

Regional outlook-

Presence of EffectiveSoft Ltd. and Chetu Inc. to help North America dominate

Geographically, North America generated $3.47 billion in revenue in 2020. It is expected to remain on top in the near future due to the presence of several reputable online trading platform providers such as TD Ameritrade Holding Corporation, Chetu Inc., Artezio LLC., ETNA and EffectiveSoft Ltd. On the other hand, Europe is expected to show a significant CAGR, supported by growing investments from Benelux, Spain, Italy, Germany and France in online trading platform solutions.

To learn more about the short term and long term impact of COVID-19 on this Online Trading Platform Market report,

Please visit: https://www.fortunebusinessinsights.com/online-trading-platform-market-104934

Report cover-

The report involves four notable activities in projecting the current size of the Online Trading Platform market. Extensive secondary research was conducted to gather data on the parent market. Our next step included primary research to analyze these sizings, assumptions and results with numerous industry experts. We also used bottom-up and top-down methods to calculate market size.

Segments-

Broker segment generated 34.1% share in 2020: Fortune Business Insights™

Based on end users, the online trading platform market is divided into banking and financial institutions, brokers and others. Of these, the broker segment gained 34.1% in 2020 in terms of online trading platform market share. This growth is attributable to the increasing use of cloud-based trading solutions to reduce complexity and access sophisticated threat analysis.

Segmentation By component
Per end user
  • Banking and financial institutions
  • Brokers

Competitive Landscape-

Key Players Focus on R&D Activities to Unveil Unique Platforms and Strengthen Their Positions

The global online trading platform market contains a large number of companies that are mainly focused on investing huge sums in research and development activities to come up with innovative software solutions. This way, they can also meet customer demand and strengthen their positions.

Companies Covered in the Online Trading Platforms Market Report:

  • Td Ameritrade Holding Corporation (Nebraska, USA)
  • Interactive Brokers (Connecticut, USA)
  • E-TRADE (Virginia, USA)
  • Profiling software (London, UK)
  • Chetu Inc. (Florida, USA)
  • Empirica (Dolnośląskie, Poland)
  • Pragmatic Coder (Krakow, Poland)
  • EffectiveSoft Ltd. (California, USA)
  • Rademade Technologies (Tallinn, Estonia)
  • Devexperts LLC (Munich, Germany)
  • R&D Solutions (Sofia, Bulgaria)
  • ETNA (Florida, USA)
  • Artezio LLC. (New Jersey, USA)
  • Velvetech, LLC (Illinois, USA)
  • Itransition (Colorado, USA)
  • Ally Financial Inc. (Michigan, USA)
  • Merrill Edge (New York, USA)
  • Plus500 (Israel)
  • Mcafee LLC (California, USA)
  • Mobicip SARL

Quick Buy – Online Trading Platform Market Research Report: https://www.fortunebusinessinsights.com/checkout-page/104934

Main points of the table of contents:

  • Introduction
    • Definition, by segment
    • Methodology/Research Approach
    • Information source
  • Key points to remember
  • Market dynamics
    • Macro and micro economic indicators
    • Drivers, constraints, opportunities and trends
    • Impact of COVID-19
      • Short term impact
      • Long term impact
  • Competition Landscape
    • Business strategies adopted by key players
    • Consolidated SWOT analysis of key players
  • Global Market Share Analysis and Matrix, 2020
  • Key market insights and strategic recommendations
  • Profiles of key players
    • Insight
      • Key management
      • Headquarters, etc.
    • Offers/Business Segments
    • Key details
      • Employee size
      • Key financial data
        • Past and current income
        • Geographic share
        • Industry share
    • RECENT DEVELOPMENTS
  • Annex / Appendix
    • Global online trading platform market size estimates and forecasts (quantitative data), by segments, 2017-2028
      • Per component (USD)
      • Per end user (USD)
        • Banking and financial institutions
        • Brokers
        • Others
      • By region (USD)
        • North America
        • South America
        • Europe
        • Middle East and Africa
        • Asia Pacific
    • North America Online Trading Platform Market Size Estimates & Forecasts (Quantitative), by Segments, 2017-2028
      • Per component (USD)
      • Per end user (USD)
        • Banking and financial institutions
        • Brokers
        • Others
      • By country (USD)
        • United States
        • Canada
        • Mexico
    • South America online trading platform market size estimates and forecasts (quantitative data), by segments, 2017-2028
      • Per component (USD)
      • Per end user (USD)
        • Banking and financial institutions
        • Brokers
        • Others
      • By country (USD)
        • Brazil
        • Argentina
        • Rest of South America
    • Europe Online Trading Platform Market Size Estimates and Forecasts (Quantitative Data), by Segments, 2017-2028
      • Per component (USD)
      • Per end user (USD)
        • Banking and financial institutions
        • Brokers
        • Others
      • By country (USD)
        • UK
        • Germany
        • France
        • Italy
        • Spain
        • Russia
        • Benelux
        • Nordic
        • The rest of Europe
    • Middle East & Africa Online Trading Platform Market Size Estimates and Forecasts (Quantitative), by Segment, 2017-2028
      • Per component (USD)
      • Per end user (USD)
        • Banking and financial institutions
        • Brokers
        • Others
      • By country (USD)
        • Turkey
        • Israel
        • GCC
        • North Africa
        • South Africa
        • Rest of MEA
    • Asia-Pacific online trading platform market size estimates and forecasts (quantitative data), by segments, 2017-2028
      • Per component (USD)
      • Per end user (USD)
        • Banking and financial institutions
        • Brokers
        • Others
      • By country (USD)
        • China
        • India
        • Japan
        • South Korea
        • ASEAN
        • Oceania
        • Rest of Asia-Pacific

TOC Continued…!

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