CFH Clearing Enhances Platforms with Sentiment Data and Newsfeed from Acuity

The addition of Acuity will add further value to clients and provide invaluable information in a very clear and visual way, helping them to make informed trading decisions based on real-time data” says Paul Groves, Head of European Sales at CFH Clearing

CFH Clearing, TradeTech Group’s award-winning Liquidity Provider and Prime of Prime brokerage, is adding news sentiment data tools and an enhanced multi-asset newsfeed to its platforms, delivered through news technology company, Acuity. CFH clients can access Acuity through its proprietary platforms, ClearPro and ClearWeb and through MT4 and MT5.

This latest development from the FCA regulated firm will enhance its clients’ trading experience, enabling them to spot changes in market sentiment and filter for news and events more effectively in order to identify trading opportunities. The news and data, provided by Acuity in partnership with Dow Jones, covers up to 2,500 of the world’s most popular markets including currencies, indices, commodities and stocks.

Paul Groves, Head of European Sales, CFH Clearing

Paul Groves, Head of European Sales of CFH Clearing commented, “We selected Acuity following an in-depth assessment of the best newsfeeds and sentiment data tools on the market. The addition of Acuity will add further value to clients and provide invaluable information in a very clear and visual way, helping them to make informed trading decisions based on real-time data.”

Andrew Lane, CEO of Acuity adds, “We are delighted to be working with CFH Clearing. The combination of Acuity’s news sentiment data and professional news from Dow Jones will offer a great trading experience for their clients in both English and Chinese languages.”

Acuity’s news sentiment plug-in uses unique machine learning technology to reveal hidden insights from the text of millions of news articles, informing users through intuitive visualisations how positive the world is towards their favourite instruments.

Whether traders use news sentiment to build their trading strategy or combine it with their current strategy, news sentiment can help all types of traders by freeing them from reading a range of information sources and providing an aggregated sentiment of the world’s financial media.

This latest development from CFH Clearing follows on from recent announcements about the extension of its multi-asset liquidity offering, with the addition of single stock CFDs and five new base metals, Aluminium (XAL), Copper (XCU), Nickel (XNI), Lead (XPB) and Zinc (XZN).

Read this next

Institutional FX

Finalto launches ODP liquidity solution in South Africa amid regulatory tightening

Trading software and liquidity services provider Finalto has gone live with its Over-the-counter Derivative Product (ODP) Liquidity Solution in South Africa in early 2023.

blockdag

Moon Keynote Teaser Propels a Sale of Over 4.5K Home Mining Rigs for BlockDAG As Cardano & Litecoin Record Price Movements

The recent launch of BlockDAG’s technical whitepaper has sparked significant market activity, culminating in the sale of more than 4.5 thousand home mining rigs.

Executive Moves

Ex-Fed official joins Binance.US amid regulatory hurdles

Binance.US has appointed Martin Grant, a former chief compliance and ethics officer at the Federal Reserve Bank of New York, to its board of directors.

Fintech

PayPal ends protection for certain crypto transactions

PayPal has announced changes to its terms of service that alter the protections provided for non-fungible token (NFT) transactions. Effective May 20, the payment giant will no longer cover NFT purchases under its buyer protection policy, and it will limit seller protections for NFT sales exceeding $10,000.

Retail FX

Plus500 sees modest growth in Q1 revenues, EBITDA margin decreases

Israeli-based, but London-stock market listed Plus500 Ltd (LON:PLUS) today reported a 4% increase in revenue for the first quarter of 2024, with figures rising from $207.9 million in Q1 2023 to $215.6 million.

Technical Analysis

FTSE 100 Technical Analysis Report 16 April, 2024

FTSE 100 index can be expected to fall further toward the next support level 7760.00, former strong resistance from last year, acting as the support after it was broken this January.

Digital Assets

Cyprus keeps FTX EU license suspended until September

The Cyprus Securities and Exchange Commission (CySEC) has extended the suspension of FTX.com’s CIF license, which allowed the insolvent platform to operate throughout Europe, until September 30, 2024.

Metaverse Gaming NFT

Mon Protocol and Pixelverse Forge a Groundbreaking Partnership to Revolutionize Blockchain Gaming

Mon Protocol and Pixelverse make history in the annals of Blockchain gaming as they set up the architecture for the melding of their technologies.

Chainwire

Nimiq Pay Launch: A New Standard For Self-Custodial Crypto Payments

Nimiq, the blockchain ecosystem for payments that is designed to make cryptocurrency easy for everyone to use, has taken the first concrete steps towards its goal of becoming the world’s most widely-accepted digital asset for payments with the launch of Nimiq Pay.

<