Traders & risk managers typically use their gut feeling, analyst comments and classic patterns to answer the key question: will it be up or down tomorrow? AI may help but needs skilled programmers / quants. And it takes years to build a successful solution in-house. YUCE-8 is an AI based platform that predicts the most likely future of stocks, cryptos and indices. YUCE-8 is ready to be tested by financial institutions.
GO Market has made the decision to include a-Quant's trading signals to selected clients. This means clients can use artificial intelligence (AI) to forecast the movement of their asset portfolios. AI has been utilized in the financial trading world for a while but has only recently seen more traction in the retail industry due to the demands of traders wanting tools to maximize their gains. GO Market has promoted this recent change to the public and state that they are happy that their clients can quickly deploy the signals a-Quant services provide, by using this cutting-edge technology. GO Market made the headlines earlier this year by adding stocks from the Australian Stock Exchange to be traded on MT5.
BRAD BAILEY was visiting the trading floor of an investment bank in New York City when he first noticed it. As a former Wall Street trader, he should have felt at home amid all the screens, phones and bustle of billions of dollars in trades. But that was just it: there wasn't any bustle. In fact, there were hardly any traders. "You could hear a pin drop," he recalls.
FLIGHT FROM SAFETY: The VIX, a measure of how much volatility investors expect to see in the market over the next 30 days, slumped 17.5 percent Monday after surging 40 percent last week to its highest level since June, when Britain voted to leave the European Union. The slide in the VIX reflected less anxiety among investors. Safe haven investments also slumped as investors felt comfortable taking on more risk. Bond prices fell, driving the yield on the 10-year Treasury note up to 1.82 percent from 1.78 percent late Friday, while the price of gold fell $23.60, or 1.8 percent, to $1,281 an ounce. Utilities and phone stocks, two other havens investors seek when they expect turmoil, lagged the market.