CMC Markets partners with Tradefeedr to deploy machine learning for trading analytics

Maria Nikolova

The additional capabilities provide for data integration, data exploration and machine learning.

Prime of prime relationships and the future

CMC Markets, a leader in online trading, has partnered with Tradefeedr, a data science platform built for financial markets, to deploy cloud based machine learning to improve trading analytics and intelligence around liquidity management. The additional capabilities provide for:

  • Data integration: the ingestion, cleansing and store of massive amounts of market and transactional data.
  • Data exploration: high performance computing infrastructure for inspecting, intersecting and querying massive data sets. Data visualisation tools and APIs for extracting the results of analysis for further analysis.
  • Machine learning: powerful analytical tools for data driven decision making. Transparent models, pre-built frameworks and feature engineering to solve complex problems.

“We work with our clients to solve complex problems and derive competitive advantages from understanding and using their data” says Balraj Bassi, co-founder at Tradefeedr.

“Applying machine learning to trading analytics gives us the insights we need to improve our liquidity and better manage our liquidity provider relationships” say Greg Niebank, Group Head of Product at CMC Markets. “Partnering with Tradefeedr allows us to bring these capabilities to bear effectively”.

About CMC Markets: CMC Group was established in 1989 and is a leading global provider of online retail financial services complete with a comprehensive institutional offering. We enable clients to trade a broad range of financial instruments through our award-winning Next Generation trading platform, supported by sophisticated charting, competitive pricing and automated execution. For more information, visit www.cmcmarkets.com

About Tradefeedr: At Tradefeedr our goal is to extract insights and information from vast quantities of market and transactional data. Our cloud-based platform empowers our clients to take on challenging projects and we provide the human resources needed to complete them. We build data science capabilities for our clients that scale. For more information, visit www.tradefeedr.com

Read this next

blockdag

Transforming a Bankrupt Investor into a Cryptocurrency Giant; Can BlockDAG Replicate Ethereum’s Meteoric Rise With 30,000x Predictions?

The realm of cryptocurrency investing presents a thrilling blend of challenges and opportunities. The legendary gains by early Ethereum investors serve as a powerful lure for those seeking the next major breakthrough.

Digital Assets

SEC delays decision on spot bitcoin options ETFs

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on whether to authorize options trading on spot bitcoin ETFs, extending the review period by an additional 45 days. The new deadline for the SEC’s decision is now set for May 29, 2024.

Market News, Tech and Fundamental, Technical Analysis

Solana Technical Analysis Report 25 April, 2024

Solana cryptocurrency can be expected to fall further toward the next support level 130.00, target price for the completion of the active impulse wave (i).

Digital Assets

Morgan Stanley to sell bitcoin ETFs to clients

Morgan Stanley may soon allow its 15,000 brokers to recommend bitcoin ETFs to their clients, as reported by AdvisorHub.

Digital Assets

Masa Announces Comprehensive AI Developer Ecosystem with 13 Dynamic Partners Focused on Leveraging Decentralized Data and Large Language Models

In a groundbreaking development, Masa, the global leader in decentralized AI and Large Language Models (LLMs), proudly announces the launch of its AI Developer Ecosystem, partnering with 13 visionary projects.

Financewire

Kinesis Mint becomes the official partner for the House of Mandela

Kinesis Mint, the certified independent precious metals mint and refinery of Kinesis, the monetary system backed by 1:1 allocated gold and silver, has been appointed the exclusive coin producer for the House of Mandela.

Chainwire

Kadena Announces Annelise Osborne as Chief Business Officer

Kadena, the only scalable Layer-1 Proof-of-Work blockchain, expands its leadership team by onboarding Annelise Osborne as Kadena’s new Chief Business Officer (CBO).

Fintech

TNS brings full-stack market data management to EMEA

“We are also delighted to have Ben Myers join our London-based TNS Financial Markets team as Head of Strategic Sales for EMEA, to bolster our presence in the region.”

Chainwire

Velocity Labs and Ramp Network facilitate fiat to crypto onramp on Polkadot via Asset Hub support

Velocity Labs is proud to announce a fiat to crypto onramp using Ramp Network through the integration of Asset Hub. Through it, Ramp will be able to service any parachain in the Polkadot ecosystem.

<