Using Market News to Drive Trading Volume

FinanceFeeds Editorial Team

News brings multiple trading opportunities for financial market participants. Did you offer your traders real-time market news and analysis?

How closely were you following Elon Musk’s Twitter deal? The roller coaster ride for Twitter’s stock began as soon as Musk revealed his 9% stake in the company and his intention to take over the company in a $44 billion deal. But the gains in the share price that followed this announcement were wiped out as soon as Elon Musk put the deal on hold in May. The stock fell from a high of $51.70, reached on April 25, to a low of $37.39 by May 16 in a week-long downtrend.

Then came Musk’s announcement that he intends to abandon the purchase altogether. Twitter’s stock plunged more than 5% within the next 24 hours.

While all this might not have been a very positive experience for Twitter, it certainly brought multiple trading opportunities for financial market participants. Did you offer your traders real-time market news and analysis to help them make the most of these opportunities?

Market News and Forex

Geopolitical and economic news impact both currency prices and trading volumes. The most common market-moving news events are:

  • Modifications in central bank policies
  • Changes in the government’s fiscal policy 
  • Unexpected outcomes in economic data releases
  • Celebrity tweets, especially those considered influential in the financial world
  • Pandemics, wars, and natural disasters
  • Upcoming elections and political unrest

Brokers that arm their clients with live market insights could support their clients in identifying trading opportunities in time. More importantly, this could help drive trading volumes, which means more deposits for you. 

For instance, the Russia-Ukraine conflict has created a geopolitical situation that could act as a catalyst to drive safe-haven currencies. This could result in the USD, the Swiss franc, and the Japanese yen outperforming against other currencies. Access to market news and analysis can help traders perform technical analysis and identify ongoing and upcoming trends. This, in turn, could motivate them to trade. 

Can You Truly Monitor Market Timing?

Timing the market is the key to effectively managing trading strategies. While it might be impossible to truly time the markets or do so at all times, access to valuable information at the right time can certainly help.

In today’s digital world, brokers can offer traders ways to track global macroeconomic data releases and political updates. Traders can then analyse the US, European, or Asia-Pacific markets in just a few clicks to gain crucial insights into the market direction.

So, even if one can’t know  where the market will end, the pulse of the market can be confirmed to try and forecast trends.

Empower Traders with Live News

The easiest and most cost-efficient way to empower your traders and drive trading volumes is by integrating news and associated analytics directly into your trading platform. 

Autochartist offers brokers APIs for a wide range of content and analysis. All you need to do is integrate them into your web or mobile apps. With these APIs, you can customise your clients’ experience, offering them personalised alerts, push notifications and watchlists. In fact, the Autochartist APIs come pre-loaded on the most popular trading platforms, including MT4, MT5 and cTrader.

Are you ready to drive business growth with the power of original, accurate, real-time content in natural language, without the need for human intervention? Contact us to learn more.

Read this next

Retail FX

Weekly Roundup: John Oliver rips into MetaTrader, Binance to pay $10 billion

Welcome to this week’s roundup, where we delve into the latest developments in the Forex, Fintech, and cryptocurrency markets. Stay ahead of the curve with our comprehensive overview of the week’s most impactful events and trends across these dynamic sectors.

Retail FX

Lark Funding reopens to US traders, MyFundedFX picks cTrader

Canada-based prop trading firm Lark Funding announced it will once again welcome clients from the United States.

Institutional FX

Cboe FX volume falls to lowest level since summer

Cboe’s institutional spot FX platform, known as Cboe Spot, today announced its trading volume for the month ending February 2024, which took a step back after a strong rebound in December.

Retail FX

ThinkMarkets secures lucrative DFSA license in Dubai

Melbourne-based broker ThinkMarkets has secured a license from the Dubai Financial Services Authority (DFSA) after it has already incorporated its new subsidiary in the Dubai International Financial Center (DIFC).

Digital Assets

New Horizen Lays Out Its Vision Of A Modular, Proof Verification Layer For Web3 Networks

Horizen is forging a new path for the future of blockchain with its New Horizen initiative, which is building a modular Proof Verification layer that’s dedicated to verifying cryptographic proofs for any settlement layer, beginning with Ethereum. 

Digital Assets

Karma3 Labs Raises a $4.5M Seed Round Led By Galaxy and IDEO CoLab to Build OpenRank, a Decentralized Reputation Protocol

Using OpenRank, developers and web3 companies can build consumer apps where people can discover, use, fund, read, or buy something on-chain without worrying about getting spammed or scammed.

Digital Assets

Worldcoin down as Elon Musk sues OpenAI CEO Sam Altman

Worldcoin’s (WLD) token dropped following news of a lawsuit against related company OpenAI. The lawsuit was filed by Elon Musk and accused OpenAI and CEO Sam Altman of breach of contract.

Institutional FX

Exegy’s Liquidity Lamp adds intraday data to outperform S&P 500 by 31.8%

Exegy has incorporated intraday signals into its AI-powered iceberg order detection tool, Liquidity Lamp. By adding intraday data to a baseline mean reversion strategy, Exegy’s model outperformed the baseline by 10.5% and the S&P 500 (SPY) by 31.8%, respectively in the out-of-sample testing.

Industry News

Think Elon Musk backed your crypto exchange? ASIC’s latest reveal may shock you

In an absolutely shocking turn of events that nobody could have possibly seen coming, the Australian Securities and Investments Commission (ASIC) has bravely stepped forward to reveal that, yes, those videos of Elon Musk passionately endorsing a cryptocurrency exchange are as fake as a three-dollar bill.

<