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

Opinion

Stagflation Speculation: Is the UK Economy Heading for Uncharted Waters?

Amid rising concerns about a potential recession, the term “stagflation” is increasingly being used to describe the UK’s current economic scenario, characterized by conflicting indicators such as high inflation and stagnant growth.

Industry News

Exness Becomes Titanium Sponsor for 6th Annual Forex Expo in Dubai.

Multi-asset broker Exness has been named the Titanium Sponsor for the 6th edition of the Forex Expo in Dubai, further cementing its role as a key player and supporter in the trading industry.

Digital Assets

Mt. Gox victims to wait another year for repayments

Nobuaki Kobayashi, the trustee responsible for managing the assets of the now-defunct Mt. Gox Bitcoin exchange, has announced an extension of the deadline for repaying the exchange’s creditors.

Technology

Sumsub launches Non-Document Verification in the UK: Client onboarding in 5 seconds

Sumsub’s partnership with OneID introduces Non-Document Verification, enabling near-instant identity verification through official bank records while ensuring compliance with UK regulations.

Industry News

CFTC fines Advantage Futures $395,000 for 12.8 million unmonitored trades

Collectively, these failures by Advantage resulted in over 12.8 million cleared contracts not being processed or surveilled from July 2018 to June 2022. This accounts for nearly 1.5% of the trading volume by Advantage’s customers during that four-year period.

Industry News

SEC doubles down on fund names rule: “Growth”, “Value”, “ESG” better watch out

“As the fund industry has developed over the last two decades, gaps in the current Names Rule may undermine investor protection. Today’s final rules will help ensure that a fund’s portfolio aligns with a fund’s name. Such truth in advertising promotes fund integrity on behalf of fund investors.”

Industry News

ASIC sues crypto exchange Kraken over alleged margin trading product violations

“These proceedings should send a message to the crypto industry that products will continue to be scrutinised by ASIC to ensure they comply with regulatory obligations in order to protect consumers. ASIC’s action should be a reminder of the importance to comply with the design and distribution obligations so that financial products are distributed to consumers appropriately.”

Industry News

ASIC grants 332 new AFS licenses in 2023 (YoY)

ASIC’s annual licensing report aims to increase transparency and offer guidance to licensees, professional auditor registrants, and prospective applicants regarding ASIC’s licensing and professional registration decision-making processes.

Digital Assets

Lumerin launches P2P marketplace for BTC mining capacity

Lumerin, a decentralized hashpower marketplace, is set to launch on September 26th on the Arbitrum One network following a rigorous testnet period.

<