ThinkMarkets, a publicly listed forex/CFD broker, has enhanced its services with its recent partnership with Acuity Trading, which uses artificial intelligence (AI
artificial intelligence (AI)
Artificial Intelligence (AI) is a term coined in 1956, which defines robotic automation of the actual process of robots, and since then the development of technology has led to the gradual adoption of artificial intelligence in many aspects of our lives. Of most interest is its impact on the financial services industry, which offers a wide range of possibilities going forward. This can be formed in
Artificial Intelligence (AI) is a term coined in 1956, which defines robotic automation of the actual process of robots, and since then the development of technology has led to the gradual adoption of artificial intelligence in many aspects of our lives. Of most interest is its impact on the financial services industry, which offers a wide range of possibilities going forward. This can be formed in
Read this term) to analyze the market.
Under the deal, ThinkMarkets has integrated Acuity Trading Signal Center tools directly into its trading system. Acuity acquired Signal Center in 2021 to enhance its suite of products.
The announcement detailed that the platform’s traders will receive “up to 40 high-quality, real-time trading signals each day.” The signals will be sent to the traders when the market opens and will come with entry, exit and stop loss levels.
“We are always looking for ways to enhance the experience of traders and give them opportunities to improve their trading performance and achieve their trading goals,” said Numan Anees, CEO and Co-Founder of ThinkMarkets. “Signal Center integration complements our diverse offering of trading platforms by providing clear, actionable insights directly to traders to support them in making more informed and faster decisions about their trades.”
AI powered trading solutions 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 market insights. Sophisticated uses machine learning
machine learning
Machine learning is defined as an application of artificial intelligence (AI) that looks to learn and improve automatically from experience without being explicitly programmed. Machine learning is a rapidly growing field that also focuses on developing computer programs that can access data and use it to learn for themselves, and this has many potential benefits for most industries and sectors, including the financial services industry. Explaining Machine LearningMachine learning can be explained
Machine learning is defined as an application of artificial intelligence (AI) that looks to learn and improve automatically from experience without being explicitly programmed. Machine learning is a rapidly growing field that also focuses on developing computer programs that can access data and use it to learn for themselves, and this has many potential benefits for most industries and sectors, including the financial services industry. Explaining Machine LearningMachine learning can be explained
Read this term And natural language processing technology to provide market signals. In addition, it acquired the research company Signal Center and opened a research and development center in Barcelona, Spain.
Moreover, the company recently partnered with BlackBull Markets, a New Zealand-based broker.
“This partnership will allow us to bring our innovative analytics platform to ThinkMarkets clients, providing them with a valuable tool to help them make more informed trading decisions,” added Andrew Lane, CEO of Acuity Trading. “We believe this partnership will be mutually beneficial, and we look forward to working together to help traders succeed.”
The merger came about when ThinkMarkets entered into a reverse merger deal to become a public company. Listing is expected in July 2023.
Moreover, ThinkMarkets revealed that it has 138,500 customers from 165 countries and generated $62 million in revenue in 2022, a compound annual growth rate of 24%. It received a valuation of $160 million on a pre-money basis, with an implied initial enterprise value of approximately $190 million.
ThinkMarkets, a publicly listed forex/CFD broker, has enhanced its services with its recent partnership with Acuity Trading, which uses artificial intelligence (AI
artificial intelligence (AI)
Artificial Intelligence (AI) is a term coined in 1956, which defines robotic automation of the actual process of robots, and since then the development of technology has led to the gradual adoption of artificial intelligence in many aspects of our lives. Of most interest is its impact on the financial services industry, which offers a wide range of possibilities going forward. This can be formed in
Artificial Intelligence (AI) is a term coined in 1956, which defines robotic automation of the actual process of robots, and since then the development of technology has led to the gradual adoption of artificial intelligence in many aspects of our lives. Of most interest is its impact on the financial services industry, which offers a wide range of possibilities going forward. This can be formed in
Read this term) to analyze the market.
Under the deal, ThinkMarkets has integrated Acuity Trading Signal Center tools directly into its trading system. Acuity acquired Signal Center in 2021 to enhance its suite of products.
The announcement detailed that the platform’s traders will receive “up to 40 high-quality, real-time trading signals each day.” The signals will be sent to the traders when the market opens and will come with entry, exit and stop loss levels.
“We are always looking for ways to enhance the experience of traders and give them opportunities to improve their trading performance and achieve their trading goals,” said Numan Anees, CEO and Co-Founder of ThinkMarkets. “Signal Center integration complements our diverse offering of trading platforms by providing clear, actionable insights directly to traders to support them in making more informed and faster decisions about their trades.”
AI powered trading solutions 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 market insights. Sophisticated uses machine learning
machine learning
Machine learning is defined as an application of artificial intelligence (AI) that looks to learn and improve automatically from experience without being explicitly programmed. Machine learning is a rapidly growing field that also focuses on developing computer programs that can access data and use it to learn for themselves, and this has many potential benefits for most industries and sectors, including the financial services industry. Explaining Machine LearningMachine learning can be explained
Machine learning is defined as an application of artificial intelligence (AI) that looks to learn and improve automatically from experience without being explicitly programmed. Machine learning is a rapidly growing field that also focuses on developing computer programs that can access data and use it to learn for themselves, and this has many potential benefits for most industries and sectors, including the financial services industry. Explaining Machine LearningMachine learning can be explained
Read this term And natural language processing technology to provide market signals. In addition, it acquired the research company Signal Center and opened a research and development center in Barcelona, Spain.
Moreover, the company recently partnered with BlackBull Markets, a New Zealand-based broker.
“This partnership will allow us to bring our innovative analytics platform to ThinkMarkets clients, providing them with a valuable tool to help them make more informed trading decisions,” added Andrew Lane, CEO of Acuity Trading. “We believe this partnership will be mutually beneficial, and we look forward to working together to help traders succeed.”
The merger came about when ThinkMarkets entered into a reverse merger deal to become a public company. Listing is expected in July 2023.
Moreover, ThinkMarkets revealed that it has 138,500 customers from 165 countries and generated $62 million in revenue in 2022, a compound annual growth rate of 24%. It received a valuation of $160 million on a pre-money basis, with an implied initial enterprise value of approximately $190 million.
