About the Stock Market Software Industry
Trading software helps analyze the trading of financial products such as stocks and currencies. This software is usually developed by brokerage firms to meet the specific needs of their clients. It helps brokerage firms to manage client accounts through the internet. Stock market software provides a powerful analysis and in-depth comparison of stocks, enabling investors to take critical trading decisions. Growth is expected to stem from emerging nations with special initiatives such as South-South trade, which has led to a rapid increase in trading opportunities for the nations in that area. South-south trade refers to trade between the developing countries, or more specifically, countries of global south. In addition, various bilateral agreements and FTAs have led to a favorable trade environment among emerging nations, facilitating the growth of the global financial markets.
Technavio’s analysts forecast the global stock market software industry to grow at a CAGR of 8.36% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global stock market software industry for 2016-2020. To calculate the market size, the report considers revenue generated from the sales of trading software solutions, which include software, customized solutions (add-on application or features), and services. The revenue generated from after-sales services is not considered.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Stock Market Software Industry 2016-2020
Technavio recognizes the following companies as the key players in the global stock market software industry: Corporate Trading, Innovative Market Analysis, Interactive Data, Monex Group, Ninja Trader Group, VectorVest, and Worden Brothers.
Other Prominent Vendors in the market are: AbleSys, Alyuda Research, Bloombex Options, EquityFeed Workstation, Genesis Financial Technologies, Global Futures Exchange & Trading, INO, Interactive Brokers, Market Analyst International, MultiCharts, Muriel Siebert, OptionsHouse, ProfitSource, ThinkorSwim, Tradecision, and Wave59.
Commenting on the report, an analyst from Technavio’s team said: “A trend which is boosting market growth tremendously is the shift from traditional methods to open accounts. The trading and stock marketplace are undergoing a dynamic shift in transaction formats from both ends of the value chain, which is affecting importers and vendors in the market. One noticeable trend is the transition from letters of credit to open account trading. With advances in technology and increased financial knowledge, both buyers and sellers have come to understand the benefits of open accounts, such as reduced costs and greater efficiencies, that can be achieved through open account transactions. Intense competition among banks is prompting them to work on ways to improve their efficiency and reduce operational costs.”
According to the report, a key growth driver is the increased demand for asset-based financing. The driving force behind the demand for factoring (asset-based financing) instruments has been the conservative finance lending environment in the market following the 2009 financial crisis. The introduction of Basel III reform measures further propelled the adoption of the factoring mechanism. Another factor driving the market was the acceptance of factoring by traders in developing nations as a suitable alternative to traditional trade finance.
Further, the report states that one challenge that will definitely restrict market growth is the unstable economic environment. The impact of political developments and the fragile international trade environment is forcing financial institutions to adopt a more selective and cautious lending approach toward their customers.
Corporate Trading, Innovative Market Analysis, Interactive Data, Monex Group, Ninja Trader Group, VectorVest, Worden Brothers, AbleSys, Alyuda Research, Bloombex Options, EquityFeed Workstation, Genesis Financial Technologies, Global Futures Exchange & Trading, INO, Interactive Brokers, Market Analyst International, MultiCharts, Muriel Siebert, OptionsHouse, ProfitSource, ThinkorSwim, Tradecision, Wave59.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook