This is a short excerpt from a YouTube video by Kosta Ouzas where he announces a forthcoming cloud-based application planned for Q4/Q1. He explains the company has been incorporated in Dubai and is licensed there, and the software will connect trading algorithms directly to exchanges (replacing current third-party connectors). He expects clients may subscribe to the app, increasing customer retention.
We're releasing an application in Q4, Q1. That's why I'm actually more for monkeys like me. Very basic stuff. Yeah, yeah, but that's why we're here, because we've incorporated the company in Dubai and we're actually licensed in. Approved here. Yeah, correct. And that's basically some cloud based software that will allow. It'll facilitate the connection between the algorithm and the exchange. Right at the moment we're using third parties, but this will facilitate the connection. And what that means is that eventually our clients will also be paying a subscription to us to use that application if they choose to. So by educating them and helping them, it. It makes them more sticky, they're going to continue to use our software.
