Devexperts, a global provider of trading and financial software solutions, has announced its plans to open a new office in Dubai by mid-2025. This expansion is fueled by the growing demand for trading technology in the Middle East and North Africa (MENA) region, particularly in the UAE and Saudi Arabia, which have witnessed significant growth in their trading markets.
Responding to Regional Growth
Since its establishment in 2002, Devexperts has become a prominent name in software solutions for capital markets. Its product portfolio includes platforms like DXtrade and DXmatch, catering to brokerages, banks, and exchanges globally.
“The MENA region is rapidly emerging as a key hub for the trading industry, creating substantial opportunities for brokerages,” said Ben Hurley, CEO of Devexperts. “The rising demand from clients in the UAE and Saudi Arabia over the past two years has driven our decision to open an office in Dubai. This step enables us to serve our clients more effectively and seize new opportunities in the region.”
The Dubai office will complement Devexperts’ existing global strategy, which has already focused on strengthening operations in Asia-Pacific (APAC) and North America.
Expanding in Singapore and Australia
Earlier this year, Devexperts reinforced its teams in Singapore and Australia as part of its push to enhance its footprint in key international markets. CEO Ben Hurley emphasized the strategic importance of Dubai in the company’s global expansion plan.
“Although our primary operations are based in Europe and the United States, we have a strong global business. Expanding into the UAE ensures we meet the growing needs of our clients and capitalize on new regional opportunities,” Hurley explained.
Devexperts’ flagship products include DXtrade, a multi-asset trading platform for stocks, commodities, forex, and cryptocurrencies; DXmatch, a high-speed matching engine; and DXcharts, an advanced charting tool.
Leadership Transition
The announcement of the Dubai office comes shortly after Ben Hurley’s appointment as CEO in October. Hurley, who joined Devexperts in 2022 as Country Manager in Ireland, played a pivotal role in the company’s restructuring initiatives before taking over from Michael Babushkin. His leadership is expected to drive further growth and innovation across Devexperts’ global operations.
