![]() But we use alternative messengers too, so switched," said another.ĭon’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. Monday's outage was an "unpleasant surprise", one Europe-based trader said. In Russia, oil traders said WhatsApp was commonly used to communicate details on orders across Europe and Asia. OTC traders in oil markets were also hit, though again the blow was softened by the use of other platforms. In the Middle East, "crypto OTC trading is predominately on Telegram or WhatsApp, where you ask your OTC brokers for bid and offer, and then you hit it and they'll confirm the transaction," said Zachary Cefaratti, CEO of Dubai investment platform Dalma Capital, adding that Telegram was becoming more widely used. The outage also came after markets had closed in much of Asia, limiting any impact. In India, for example, market chatter on WhatsApp has moved to Telegram where there are fewer restrictions on the size of group chats. Still, the prevalence of messenger services beyond WhatsApp meant Monday's outage was a nuisance rather than a major disruption. At the very top of our list is Dash 2 Trade (D2T) one of the best new trading signals platforms to leverage this year. It's not just, what time are you headed to 'The Dog and Duck', it's, what's your price on a 5-year?," said Blower, using slang for a British pub. Dash 2 Trade Overall Best WhatsApp Trading Signal in 2023. ![]() "What's interesting is both the volume and the content of the messages. The app has become the "default messaging service" in many markets, especially in continental Europe and Asia-Pacific, Blower added.įrom some 2,000 interdealer users sending 10,000 messages a day in the energy market in 2016, VoxSmart today tracks between three and five million messages weekly across asset classes, including between banks and buy-side clients. ![]()
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