● Decision comes following rise in demand for services in the MENA region
● Office opening planned for mid-2025
London, 19 December 2024 – Devexperts, the global software developer for the capital
markets, has announced plans to open an office in Dubai. The move comes as the company
looks to expand its presence in the MENA region.
Devexperts has been developing software for the capital market’s since 2002. The company’s
core areas of expertise are multi-asset trading platforms, matching engines, and exchange
solutions. Headquartered in Ireland, its development team currently consists of 800+ engineers
located in offices in the USA, Germany, Singapore, Portugal, Turkey, Bulgaria and Georgia.
The decision to open a new office in Dubai will now enable Devexperts to focus on its expansion
in the MENA region, where it sees growing demand for its range of software products, and, in
particular, its trading platforms.
Ben Hurley, CEO of Devexperts, explains: “The MENA region is fast becoming a hotspot for
the trading industry, driving significant opportunities for brokerages. Devexperts’ client base in
the UAE and Saudi Arabia has increased rapidly over the past two years and leading us to now
taking the formal decision to open an office in Dubai. This will allow us to better cater to both our
new and existing clients in the UAE and neighbouring countries.”
Devexperts plans to open its new Dubai office in mid-2025. The move comes with the business
also having reinforced its presence in the APAC region, as well as in the USA.
Hurley continues: “This is a strategic business decision and we are looking forward to
establishing our presence in the UAE, continuing to support brokerages and other financial firms
in the region with our services. We are an international company and whilst we are
predominantly based in Europe and the USA, our business globally is both strong and active. As
we continue to grow, we will also continue to strengthen our teams in key regions, in order to
ensure we are able to go on meeting client needs, as well as take advantage of new business
opportunities.”
Earlier in 2024, Devexperts increased its manpower in Singapore and Australia.
Devexperts’ flagship solution is DXtrade, a platform for brokers, offering investment in stocks,
commodities, futures, options, forex, funds, and cryptocurrencies. Devexperts’ product range
also includes, DXtrade XT, a trading platform designed to support proprietary trading firms;
DXmatch, an ultra-fast and highly scalable matching engine; DXcharts, the company’s charting
library; and Devexa, its AI-powered trading assistant. dxFeed, the company’s market data
service offering, provides financial markets information and services to buy-side and sell-side
institutions within the global financial industry.
The company also provides custom development and consultancy services for financial firms.
For more information, please contact:
Mariana Wall
PR Manager at Devexperts
E: mwall@devexperts.com
About Devexperts
Devexperts has been developing software for the capital markets since 2002. The company’s
flagship solution is DXtrade, a platform for brokers offering investing in stocks, commodities,
futures, options, forex, funds, and cryptocurrencies. Among their clients are retail and
institutional brokerages, wealth-management firms, banks, and exchanges. With headquarters
in Ireland, Devexperts’ development team consists of 800+ engineers located in offices in the
USA, Germany, Bulgaria, Singapore, Portugal, Turkey, and Georgia. Learn more at:
https://devexperts.com.
