London – 10 August, 2021 – OvertEd Markets have announced the launch of the world’s largest knowledge base developed exclusively for brokers offering retail leveraged derivative products. The SaaS product has been designed and developed in-house by a team of industry experts and contains the most comprehensive industry data repository available globally on the offering and activities of market participants, active trader numbers, market share data and industry insight.
The launch of the platform coincides with a significant surge in retail trader activity with some market participants experiencing triple digit Y/Y increases in client numbers, monthly trading volumes and reported net profits. This is a concern for regulators globally who have been active in introducing additional conduct rules and product restrictions over the last few years to protect the estimated 82% of retail traders who lose money when using trading platforms.
The OvertED Markets platform provides brokers with a single solution for competitor intelligence, market analysis and industry insight and contains data on all major brokers across 70 regional markets. One of the platform’s most unique features is its use of algorithms to predict share of funded accounts across geographies and it is already being used by leading providers who are looking to maintain and increase their current market share and navigate opportunities in emerging markets.
Joshua Bentley, Co-founder & Head of Research at OvertEd Markets, commented: “The recent exponential increase in retail trader activity globally is partly driven by many new to market traders accessing trading platforms for the first time and a significant number of dormant accounts being reactivated. This dramatic uptick has led to a significant increase in competition within the industry and coincides with regulatory intervention at both national and supranational levels making the landscape difficult to navigate. The international nature of the platform brokerage industry and fact that brokers often have a monopoly over the technology, markets and prices offered to clients means that information asymmetry and regulatory arbitrage is common place and it can be difficult for brokers to obtain an accurate holistic overview of the competitive landscape as well as opportunities and threats at regional levels. The OvertEd Markets platform changes this by providing unprecedented transparency of market activity and visibility of the activities of other brokers at regional levels”.
About the company:
OvertEd Markets are a London based knowledge management company that provides retail CFD/FX brokers with competitor intelligence, industry insight and market share data via a cloud-based platform. The company maintains the largest industry specific dataset and uses proprietary algorithms and technology to provide clients with unprecedented visibility of opportunities and threats in the market.
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