Devexperts, a global software provider for capital markets, has unveiled plans to establish an office in Dubai as part of its expansion into the MENA region.
Founded in 2002, Devexperts specialises in developing software for capital markets, including trading platforms, matching engines, and exchange solutions. Headquartered in Ireland, the company operates across multiple global locations, with a team of over 800 engineers based in the USA, Germany, Singapore, Portugal, Turkey, Bulgaria, and Georgia.
The decision to open a Dubai office is driven by Devexperts’ rapid growth in the UAE and Saudi Arabia, where its client base has expanded significantly over the past two years.
Devexperts CEO Ben Hurley said, “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 officially launch its Dubai office in mid-2025. This expansion follows a broader international growth strategy, with the company having also reinforced its presence in the APAC region, particularly in Singapore and Australia, as well as in the USA.
The company’s flagship solution, DXtrade, serves brokers by facilitating investments in stocks, commodities, futures, options, forex, funds, and digital assets. Other products in Devexperts’ portfolio include DXtrade XT, a platform tailored for proprietary trading firms; DXmatch, a high-speed, scalable matching engine; DXcharts, an advanced charting library; and Devexa, an AI-powered trading assistant. Additionally, Devexperts operates dxFeed, a market data service that delivers financial market information to buy-side and sell-side institutions worldwide.
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