Despite the fact that stock traders many times trade in different market domains with the help of an expert, their colleagues or someone they know, there isn’t a collaborative platform currently which makes it easy for them to form a team, define a budget and trade with others effectively in order to maximize their earnings and profits. CoTr considers these drawbacks and allows an easy way for traders to work together.
We started to discuss about this idea over a cup of coffee. Our plan was to emulate what big trading organizations did on an micro level. We started to think as to how we can empower individual traders to form groups and help them increase their profitability by venturing into new markets and unknown portfolios. Wde discussed as to what are the key features that such a system ought to have and what the users would like to have. Based on these discussions we put together a rough outline of the features and how they were connected to each other.
Post our brainstorming sessions, we constructed several prototypes of different fidelities and tested them with people. We made several changes in terms of usability and features with each step of prototyping.
The iterative and rapid prototyping lead us to design a final prototype of our system, ‘CoTr’.