Abstract:Acuity Trading uses AI to analyze the news and provide trading signals. The broker is expecting to enhance its offerings with this partnership.
INGOT Brokers, which is a multi-asset broker, announced on Tuesday that it has partnered with Acuity Trading to provide trading signals to the brokers retail client base.
As per the press release, INGOT clients will now have access to Acuity's AI news analytics technology and Signal Centre's trade ideas. This, according to the broker, will help its clients to strengthen trading strategies and enhance decision making.
“Traders are at the core of our business, which is why we are continuously looking for new partnership opportunities that enable us to help our clients trade with absolute ease and confidence,” said Wael Al Masri, INGOTs Head of Business Development.
“The modern solutions extended by Acuity and Signal Centre are perfectly aligned with our strategic vision, as they allow us to provide our clients with top-notch services and innovative technologies that they can utilize in their day-to-day trading activity.”
Signal Services Are in Demand
Founded in 2013 and headquartered in London, Acuity extracts and analyzes rich sentiment data from global news sources using proprietary technology to provide insights for the markets. It uses sophisticated Machine Learning and Natural Language Processing technology to provide market signals.
Last year, the company acquired the research firm, Signal Centre and opened an R&D center in Barcelona, Spain.
Acuity CEO, Andrew Lane said: “INGOT Brokers has a very strong client-centric and compliance -focused culture, which is very much aligned with Acuity and Signal Centre. Through our partnership, we aim to help INGOT Brokers deliver a truly unique trading experience for their traders of all levels with our AI-driven trading tools, powerful visualizations and high quality compliant-friendly signals.”
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