Autochartist acquires Delkos Research

Delkos’s News Events Trading Services (NETS) allows traders to take advantage of the effects that macroeconomic news releases have on futures and currencies. The tool allows the promotion of trading activity during periods when retail traders would normally avoid the markets due to high volatility.

Autochartist is proud to announce that it has concluded the acquisition of a controlling stake in Delkos Research (www.delkos.com) – a company providing forecasts and content for Futures and Forex brokers based around macro-economic news events. This is the second acquisition that Autochartist has concluded in 2018.

Delkos’s News Events Trading Services (NETS) allows traders to take advantage of the effects that macroeconomic news releases have on futures and currencies. The tool allows the promotion of trading activity during periods when retail traders would normally avoid the markets due to high volatility.

“Delkos products complement Autochartist’s technical and statistical offering by bringing on board a macroeconomic flavour to our product suite.” says Autochartist CEO Ilan Azbel, “Combined with our Risk Calculator, the NETS product is an ideal way for traders to enter volatile markets with a degree of certainty and managed risk..”  

Since its launch in 2016, Delkos has rapidly become one of the industries most exciting vendors with dozens of brokers using its content to promote trade without the need for technical analysis or statistical knowledge.

Delkos is headed up by young entrepreneur Barry Ubsdell who has successfully taken the NETS product idea from the drawing board to reality. Ubsdell says “Macro-economic research has traditionally been the playground of economists and human market commentary, but NETS is a breakthrough technology that allows us to find relationships between macroeconomic factors and financial instruments that have previously remained undetected. I think we have done well to present the information in a way that is simple to understand and execute for even the most novice traders”.

“Partnering with Autochartist allows us to take advantage of their risk management tools, as well as expand our sales reach within both the futures and forex industries.” says Ubsdell

Read this next

Institutional FX

Eurex reports mixed volumes for November 2022

Deutsche Börse’s derivatives-focused exchange, Eurex today said its total traded derivatives contracts grew by 10 percent in November, from 68.6 million to 75.3 million compared to the same month last year.

Digital Assets

AAX’s Nigerian customers storm local office amid withdrawal halt

According to the Nigerian media, angry consumers of the troubled crypto exchange AAX had stormed its local office hoping they can get their money back after the firm halted operations earlier in November.

Digital Assets

As SPAC bubble bursts, Circle terminates its $9 billion merger with Concord

USDC stablecoin issuer, Circle has terminated its planned $9 billion SPAC merger with publicly traded blank-check company Concord Acquisition Corp.

Institutional FX

Integral reports lowest FX volume in two years

Foreign exchange trading volumes dropped in November across Integral’s trading platforms as currency markets saw a relatively quiet period after consecutive months of strong trading activity.

Technology

CDEX: Avelacom announces connectivity to Cboe Europe Derivatives

“We anticipate that many of our customers from Asia will be particularly interested in getting exposure to pan-European products via just one venue, which CEDX offers.”

Retail FX

BUX acquires Spanish Ninety Nine’s retail brokerage unit

“Thanks to this acquisition, Ninety Nine users will have access to a wide range of services provided by BUX, such as investing in Spanish, European and US stocks, ETFs, cryptocurrencies, fractional investing and the BUX Savings Plan.”

Digital Assets

SEBA and HashKey partner to expand crypto in Hong Kong and Switzerland

SEBA Bank AG has announced a new strategic partnership with HashKey Digital Asset Group as part of both firm’s expansion efforts in Hong Kong SAR. 

Executive Moves

Broadridge appoints Martin Koopman as Chief Product Officer

“Martin has a proven record of driving product innovation both at Broadridge and at previous companies. His vision and proven ability to execute will be invaluable as we become the foremost SaaS provider to the financial services industry.”

Digital Assets

DAM rolls out Moonwalkers v1 testnet ahead of support for yield-generating collateral

“We want to champion innovation by making it easier to securely direct stablecoin liquidity away from Ethereum towards newer networks without the constant vulnerabilities posed by bridges. d20 will help accelerate the adoption flywheel of emerging networks, and this is our first step towards making our omnichain promise a reality.”

<