AI meets trading
Written by Mark Evans
One day, two releases on AI-based solutions to the tricky issue of how to make money.
GAIN Capital Holdings has launched GetGo, a financial trading app using an ‘AI-enhanced algorithm to spot statistical trends in financial markets and provide users with trading signals based on historical data’. Meanwhile, MarketsFlow has raised £216,000 in 13 days for its ‘game-changing AI-based investment management platform”.
GetGo will initially cover 40 markets, including FX, indices and gold, looking for patterns, at which point it will send the user a signal through the app, which they can review, evaluate and decide whether to execute the trade.
MarketsFlow is an intelligent robo advisor and digital wealth management platform helping retail and institutional investors to make optimal investments by applying algorithms to unstructured financial data.