Devexperts and Acuity Partner to Revolutionize Trading Platforms with AI-driven Market Insights

FinanceFeeds Editorial Team

Devexperts, a renowned capital markets software development company, has teamed up with Acuity, a leading provider of AI-driven market insights, to transform the DXtrade CFD and DXtrade Crypto platforms. This groundbreaking integration equips DXtrade brokers with cutting-edge visual trading tools, enabling their clients to uncover potential investment opportunities with ease.

Through their strategic partnership, Devexperts and Acuity are driving the future of trading by creating a more insightful and efficient landscape for DXtrade brokers and their clients. Acuity’s state-of-the-art Natural Language Processing technology refines unstructured news into structured data, offering real-time market pattern detection. This empowers DXtrade brokers to present clients with detailed opinions, market trends, and thorough data analysis, enabling them to make more informed decisions and overcome information overload.

Acuity’s advanced technology analyzes a wealth of market insights, including news sentiment, volume, and traditional calendar data. This enables the generation of trading ideas and evaluation of market volatility, providing valuable leading and lagging indicators to identify potential opportunities and risks.

Jon Light, Head of OTC Platform at Devexperts, stated, “Acuity’s advanced technology empowers our brokers’ clients to make more informed trading decisions in the ever-evolving financial markets, thus providing value to them.”

Andrew Lane, CEO of Acuity Trading, highlighted their goal, saying, “Our aim is to equip DXtrade brokers with highly intuitive, visual trading tools, enabling them to provide their clients with unique investment opportunities. We aim to disrupt the costly cycle of client acquisition, retention, and reactivation. Acuity’s technology helps DXtrade brokers reduce churn rates and marketing expenses by increasing the length and quality of the clients’ lifecycles.”

About Devexperts

Devexperts, a product IT company founded in 2002, specializes in developing software for capital markets. Their team of over 700 engineers is spread across multiple offices worldwide, including the USA, Germany, Bulgaria, Singapore, Portugal, Turkey, Georgia, Ireland, and Lithuania. Learn more at https://devexperts.com/ 

About Acuity Trading

Acuity Trading revolutionized the online trading experience in 2013 with the introduction of visual news and sentiment tools. Today, they lead the fintech market with alpha-generating alternative data and engaging trading tools, leveraging the latest advancements in AI research and technology. Acuity’s team comprises academics, scientists, news, and market professionals, dedicated to delivering effective data products that add value to investors of all levels and experiences. For further information or to request a demo, please visit www.acuitytrading.com

Conclusion

The collaboration between Devexperts and Acuity promises to propel the future of trading by providing DXtrade brokers and their clients with cutting-edge AI-driven market insights and innovative visual trading tools. This partnership aims to revolutionize the trading landscape, enabling clients to make more informed investment decisions while streamlining broker operations and reducing marketing expenses.

Read this next

Digital Assets

Binance tames up with Japan’s biggest lender to launch stablecoins

Binance Japan is planning to launch stablecoins denominated in the dollar, euro, and yen in Japan in 2024. The crypto exchange aims to introduce these tokens, and possibly more, through its partnership with Mitsubishi UFJ Financial Group’s trust banking arm.

Institutional FX

Spot FX volumes drop +10% at CLS in August 2023

Total daily traded volume submitted to CLS for settlement took a step back in August as the summer typical lull hit market activity. The metrics showed a weak performance in the group’s FX business as the Q3 got off to a calm end while no fresh events were able to whip up a market frenzy.

Digital Assets

Veteran iGaming Team Launch Crypto Casino Portal

CryptoCasinos.Casino launches as a premier destination for crypto gambling aficionados, offering in-depth reviews, comparisons, and resources to navigate the burgeoning world of cryptocurrency-based casinos seamlessly.

Digital Assets

Xsolla Announces Acquisition of AcceleratXR, A Multi-Player Platform For Games

Xsolla enhances its gaming tech suite with the acquisition of AcceleratXR, bolstering cross-platform game development and pioneering advancements in cross-play experiences for players worldwide.

Digital Assets

OKX’s PoR report shows no solvency concerns, assets worth $11.2 billion

Cryptocurrency exchange OKX has released its 11th consecutive proof-of-reserves report amid increasing demand of crypto investors asking for transparency from exchanges they trade with.

Digital Assets

Horizen Launches Decentralized Governance with Introduction of Horizen DAO

Horizen inaugurates a novel decentralized autonomous organization, inviting broader community participation and heralding a new chapter in blockchain governance.

Digital Assets

Binance France induces users to convert their fiat into crypto

Following the expiration of its partnership with Paysafe, Binance France urged its customers to convert their fiat currency holdings on the platform into cryptocurrencies.

Industry News

Exness Crowned as Best Global Multi-asset Broker at Forex Expo Dubai 2023

Cyprus-based Exness garners top honors at the Forex Expo Dubai, solidifying its esteemed position in the global financial arena.

Retail FX

CySEC cancels license of 101investing parent following €200,000 fine

The Cyprus Securities and Exchange Commission (CySEC) confirmed on Tuesday that it has wholly withdrawn the Cyprus Investment Firm (CIF) License of FX retail brokerage firm FXBFI Broker Financial Invest Ltd, trading as 101investing.

<