Chasing Returns partners with GAIN Capital to improve traders outcomes

Darren Sinden

From the trader’s standpoint tools that can help them to compete and succeed in competitive markets such as margin FX and CFD trading are likely to be welcomed.

Dublin based fintech Chasing Returns has announced another landmark client in the shape of GAIN capital with whom it is to partner.  GAIN Capital owns a number of high profile brands in the margin trading space and was itself recently acquired by StoneX Group.

Chasing Returns tries to achieve better outcomes for its client’s customers through the use of software and the gamification of risk management. A process that tries to instil a rules and money management centric approach to trading into the mindsets of traders.

CEO Ann Hunt is herself a former JP Morgan risk manager and worked for the US investment bank in New York, for 11 years within the exotic derivatives division.

Chasing Returns will work with GAIN Capital clients to show them where their strengths and weaknesses lie, how psychology can directly affect trading habits and outcomes, and why setting goals and measuring trading outcomes against those benchmarks can greatly improve trader performance.

Chasing Returns uses software to highlight and explain concepts in the behavioural sciences that can have a direct impact on trading P&Ls. By, for example, highlighting a trader’s good and bad habits and the times within the trading week when they perform well and those where they don’t.

The firm’s performance analytics software, which has plugins for popular trading platforms, can look at a traders transaction history and quickly highlight profitable areas and behaviours that the trader should concentrate on, and bad habits and preferences, that they should avoid or discontinue completely.

Chasing Returns came to prominence when it partnered with OANDA a couple of years ago and it expanded that partnership in March 2020, as OANDA client’s got access to all of Chasing Returns products.

The attraction of services such as those provided by Chasing Returns is two-fold, firstly they can act as a retention tool helping to extend the clients life span and making the user experience stickier thereby reducing churn.

Secondly, by deploying these type of educational and training services brokers can show regulators that they are trying to achieve more positive customer outcomes and of course, from the broker’s point of view the longer that an account lasts for, and stays with them, then greater the revenue earning opportunities are from that account.

From the trader’s standpoint tools that can help them to compete and succeed in competitive markets such as margin FX and CFD trading are likely to be welcomed.

Read this next

Digital Assets

Silvergate dismisses speculation of trouble, says BlockFi exposure is minimal

Crypto-friendly bank Silvergate Capital claimed on a Tuesday blog post that it had minimal exposure to crypto lender BlockFi, which filed for chapter 11 bankruptcy protection this week.

Retail FX

Fidelity launches crypto trading for retail investors

Fidelity Investments, one of the largest brokerages in the world, has officially rolled out a commission-free crypto trading product for retail investors, starting with zero-fee trading for Bitcoin and Ethereum.

Digital Assets

ECB head calls for tougher crypto regulation after FTX collapse

President of the European Central Bank, Christine Lagarde, has called on lawmakers to start working on fresh crypto regulations to protect the financial system after the collapse of the FTX exchange.

Retail FX

CySEC updates rules for regulated brokers’ cross border activity

As CySEC’s attitude of adopting more stringent licensing guidelines and operating regulations becomes ever clearer, certain aspects of the rules and operations start to come into sharper focus.

Market News

Outlook for Gold: Can the Precious Metal Regain Power?

Gold set an all-time high at $2070 on March 08, 2022, when the price skyrocketed amid investors’ worries about the military conflict in Eastern Europe.

Crypto Insider

2022 Islamic Finance recap: as the space continues to evolve, blockchain stands to play a big part

Despite the global economy being ravaged by turmoil induced by the Covid-19 pandemic over the last couple of years, the Islamic finance industry has emerged relatively unscathed

Crypto Insider

Decentralized Exchanges and Pooled Trading Platform Applications

Decentralized exchanges are one-way blockchain companies take back the power of value creation.

Crypto Insider

How to maximize the safety of your digital tokens?

Digitalization is the future of the investment world. These are the most preferred and growing investments in the world.

Institutional FX, Interviews

FIA EXPO 2022: Interview with Trading Technologies

The derivatives trading industry has gathered in Chicago to attend the FIA EXPO 2022 on 14-15 November.