Trading technology provider TraderEvolution has announced that it has onboarded Tera Securities, an independent non-bank brokerage house operating in Turkey since 1990, onto its brokerage solution dedicated to the Turkish market.

Tera Securities offers equities, derivatives, CFDs, and FX and aims at offering those to traders and investors under a unified multi-asset trading platform branded as Makinali, which is powered by TraderEvolution’s back-end and front-end systems.

On top of direct integrations with BIST (formerly Borsa İstanbul) that TraderEvolution already had, the vendor developed additional gateway and drop copy integrations for the Makinali project, to make the setup for Tera Securities optimal. The broker will utilize the full multi-asset capabilities of the solution along with its account and portfolio management features.

Dr. Abdulkadir Cakir, CEO of Tera Securities said:

“Tera is preparing for its IPO at Borsa Istanbul, and in our offering circular, we have announced that we will invest 10% of our IPO income to technology. We believe Makinali will be the premier analytics and trading platform, with our multi-asset offering.”

Firat Gurler, the founder of 6Zeka commenting for Makinali:

“The participation in Borsa Istanbul by retail investors has increased significantly in the last 5 years and there is a growing demand for scalable investment intelligence. With Makinalı, our end-to-end intelligent investment platform, we are aiming at improving, growing, and evolving the financial markets.”

6Zeka is listed as a data vendor at Borsa Istanbul and is focusing on new approaches to Machine Learning and Market Data Analytics in financial markets. Created as a joint venture between TraderEvolution Global Ltd. and 6Zeka, the Makinali project is devoted to bringing a digital transformation to the Turkish market by offering every broker in the country modern brokerage technology and the global market connectivity.

TraderEvolution is a multi-market trading platform provider offering modular, tailored solutions that include a back-end with established connectivities to dozens of markets across the globe, and a complex front-end suite with web, mobile, and desktop applications. The company serves banks and brokers from around the world, empowering them with an independent and liquidity-neutral solution to facilitate core brokerage operations or to complement their existing solutions.