Foreign Trade Company on BIST Signs Major Partnership to Support Operations with Artificial Intelligence
DCT Trading Foreign Trade Inc. (DCTTR) continues its strategic investments in technology and innovation by acquiring a 2% stake in TRK Technology, which operates in the deep tech sector. Through this partnership, DCT Trading plans to integrate artificial intelligence and deep technology solutions into its commercial operations. The company aims to enhance internal efficiency, improve sustainability and profitability in commodity trading, while also strengthening its competitive advantage. Additionally, this investment is expected to reinforce DCT Trading's position in global markets and accelerate its technology-driven growth strategy.
The A-TRK robot, developed by TRK Technology, is expected to directly contribute to DCT Trading's commodity trading operations by generating predictions on future price levels of commodities such as oil, gold, and silver. A-TRK is anticipated to enhance the efficiency of trading processes, thereby increasing the company's profitability. It was emphasized that these innovative solutions will not be limited to commodity trading, but will also enhance efficiency at every stage of commercial strategies.
A-TRK, which is also utilized in industries such as aviation, banking, and finance, is expected to play a key role in DCT Trading's global trading strategies with the experience gained from these sectors. DCT Trading aims to further boost its competitive power with TRK Technology's robust artificial intelligence infrastructure.
Levent Sadık Ahmet, Chairman of DCT Trading’s Board of Directors, highlighted the importance of the partnership with TRK Technology. Ahmet expressed confidence that by leveraging the capabilities of the A-TRK robot in commodity forecasting, they will exceed the projected profitability rates. This collaboration is seen as a significant milestone in the company's trading and operational efficiency.
Levent Sadık Ahmet also noted that this partnership is an essential part of the synergistic ecosystem they have created with Pulse Financial Technologies and Cotcast.AI. He stated that the steps they are taking to achieve their goal of being a game-changer in every sector with end-to-end solutions are already bearing fruit. This process will greatly contribute to DCT Trading's global growth.
Ahmet Büberci, founder of TRK Technology, stated that the collaboration with DCT Trading is not merely a commercial agreement. Büberci expressed that partnering with a globally proven company is an indication of the trust in the artificial intelligence robots they have developed. A-TRK and other AI solutions will help DCT Trading gain a competitive advantage in every area of its trading operations.
DCT Trading aims to achieve a significant transformation not just in commodity trading, but also in its overall trading strategies through this strategic partnership. The company plans to increase efficiency across all areas with artificial intelligence, data analytics, and deep tech solutions. With this technological investment, DCT Trading intends to become a stronger player in global markets.
The strong collaboration between DCT Trading and TRK Technology could pave the way for more partnership and investment opportunities in the future. Both companies state that they will continue to lead their sectors by leveraging the power of technology.
Recent partnership developments have positively impacted DCT Trading's share price. Closing at the ceiling price at the end of last week’s trading session, DCTTR opened at the ceiling price again today, reaching as high as 33.78 TL. Since the beginning of December, the share has experienced significant momentum, increasing its value by 36% during this process. Furthermore, DCTTR, which was publicly listed on July 31, has recorded a 120% increase from its opening price of 15.4 TL.