Platform45 builds app that enables users to access South African stock market in real-time:
ZAR X Mobi App to revolutionise share trading in South Africa
9 APRIL 2019 – Platform45, a team of Ruby on Rails developers who build design driven software for web and mobile, has built a new mobile app which simplifies the process for anyone looking to dabble in the stock market.
The ZAR X Mobi App allows anyone to access the stock market and to trade in shares of companies listed on the ZAE exchange in real-time.
A first of its kind in Africa, the app’s interface is intuitive and easy to navigate. It removes the complexity associated with equity investing. Once registered with ZAR X, users can track the value of their portfolio, as well as have crucial information such as portfolio holdings, cash on hand and open orders in real-time. The app further offers push notifications for placed trade instructions, matched orders I the market, new listings, cash movements, and more.
The app’s back-end is run in a C# console app that maintains a streamed TCP connection to the exchange port to retrieve data and places trades, while the front-end was built in Ruby On Rails and the data from the back-end was passed to the front-end using Redis key value storage.
Daniel Mausenbaum, Chief Commercial Officer at Platform45, commented, “We are excited to be involved in the development of an app that has opened the doors to the financial markets for all South Africans; allowing them to easily trade, build and invest in a share portfolio from the ease of their mobile phone. It is pioneering and above all, inclusive.”
ZAR X CEO and co-founder Etienne Nel commented, “This web-based app will break down the barriers that have for so long excluded the majority of South Africans from investing in equities and will put a powerful tool for economic transformation directly in the hands of the public.”
About Platform45
Platform45 develop mobile and web software that not only functions flawlessly but looks beautiful too. We do this by working in small trusted teams, learning and teaching as we go. We place huge emphasis on transparency — with each other, our partners and our clients.
We believe success is not only measured in monetary terms but on the impact a business has socially too. For this reason, Platform45 practices social responsibility by only applying our expertise to ethical business practices that will positively impact on the world.
Ultimately, we tell our employees that their days should be spent building software that helps people improve. Bigger dreams, better business and richer lives are being brought about, all because of the work we do.
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