Devexperts has launched DXtrade Institutional, a fully customisable single-dealer multi-asset platform offering, designed for banks, hedge funds, asset managers, and market makers looking to upgrade their frontend legacy systems.

According to a press statement, unlike the white-label, off-the-shelf, DXtrade variants, DXtrade Institutional will be "tailor-built intuitively using customers’ existing platforms as a basis. DXtrade Institutional will offer a scalable, multi-asset solution with seamless back-end integration and a modern user interface, and enable institutions to execute trades directly while maintaining full control over pricing, risk management, and liquidity distribution".

Supporting spot, forwards, swaps, and options trading, DXtrade Institutional will provide direct trade execution; risk management, including pre- and post-trade risk controls; full customisability; and UX-focused design.