Nearshore Americas

Tradestation Bolsters Costa Rican Operations With Software Professionals

American financial technology vendor Tradestation is expanding operations in Heredia, Costa Rica, by adding another 20 software engineers to its payroll.

In a job post on LinkedIn, the company said it is looking for people who can help it build an application “that will define the future of trading” in stocks.

Tradestation launched operations in Costa Rica in 2012 with just 10-20 software professionals. Three years later, it started talking about increasing the headcount to more than 100.

But it’s not clear how many software writers it has been able to hire over the last four years.

“At TradeStation, we’re continuously pushing the boundaries of what’s possible, encouraging out-of-the-box thinking and relentless search for innovation,” the company said in a statement on LinkedIn, adding that it will offer “competitive salary” to employees.

Considering its statement, Tradestation is trying to develop a new app that will create a ‘community of traders’, helping them build the skills necessary to be successful in the stock market.

The American company runs similar development centers in South Florida, Texas and Salt Lake City.

Its Costa Rican unit has been proved to be very successful, according to Albert Paredes, Vice President of Operations, in the Central American country.

“The investment in Costa Rica was very successful because we have highly qualified engineers and passionate about software development,” Paredes said in 2015 when the company announced its first round of expansion in the country.

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Narayan Ammachchi

News Editor for Nearshore Americas, Narayan Ammachchi is a career journalist with a decade of experience in politics and international business. He works out of his base in the Indian Silicon City of Bangalore.

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