Vantagepoint AI turns in a banner year as FX begins to automate

Corporate Vision gives an unusual accolade to a trading AI firm as retail FX becomes more intuitive.

Vantagepoint AI, the first company in the world to give traders the power of artificial intelligence for trading the financial markets from their home computers, has been named The Most Innovative A.I.-Driven Trading Technology by Corporate Vision magazine. The award put a final exclamation point on what has been a banner year for Vantagepoint.

Vantagepoint traders use predictive market forecasts driven by artificial intelligence to see trend reversals up to 3 days in advance allowing traders to enter and exit their trades with optimal timing.

As people worldwide were deployed to work from home, many started trading. Vantagepoint’s customer base dramatically increased in 2020 as traders looked for ways to mitigate their risk. They found an optimal solution with Vantagepoint which also met their needs by dramatically expanding its online trainings.

The response has been very positive:

“As a customer for 7 years – from the beginning the customer support and coaching team have been top notch. You have been very proactive in reaching out to me to ensure I continue to be successful. When I have a question, I always receive a timely and high-quality answer. Great product and great people” said an institutional trader.

“Your software gives me an expansive view of the flow of the markets. My trading and bottom line have improved, your staff go out of their way to help” was another comment from a professional in capital markets.

“Thanks again for all you do! VantagePoint Software has been a real shot in the arm!” says a North American day trader.

“We are honored by this award,” said President Lane Mendelsohn. “This has been a tumultuous year; it’s gratifying to help traders around the world protect and grow their hard-earned capital.”

Read this next

Retail FX

Malaysia regulator exposes OctaFX clone, shady FB profiles

Malaysia’s financial regulator today warned online investors about the risks of following investment tips made on social-media platforms.

Digital Assets

Crypto trading volume spikes at Swiss bourse amid FTX collapse

The shockwaves from the historic collapse of Sam Bankman-Fried’s crypto empire are still being felt across the industry, but some trading venues are actually doing better because of it.

Executive Moves

CMC Markets adds Camilla Boldracchi to institutional sales

UK’s biggest spread better, CMC Markets has promoted Camilla Boldracchi to take on an expanded role within its institutional sales desk.

Institutional FX

FXSpotStream reports $1.48 trillion in monthly volume for November

FXSpotStream’s trading venue, the aggregator service of LiquidityMatch LLC, reported its operational metrics for November 2022, which moved higher on a yearly basis but reflected weak performance across executed trade volumes when weighed against the figures of the prior month.

Retail FX

Interactive Brokers’ client activity drops 30% YoY

Interactive Brokers LLC (NASDAQ:IBKR) saw 1.95 million daily average revenue trades, or DARTS, in November 2022 compared to 1.96 million transactions in the prior month.

Digital Assets

The rise of Crypto ETPs in traditional exchanges as crypto winter deepens

Institutional investors are increasingly looking at traditional regulated exchanges as their first route into digital assets amid market turmoil caused by the crypto winter and the collapse of several big names within the space, including FTX. Acuiti and Eurex surveyed 191 buy and sell-side firms on their views of the digital assets markets in order […]

Digital Assets

TP ICAP’s crypto arm receives FCA’s go-ahead

UK interdealer broker TP ICAP has received a regulatory go-ahead to launch its cryptocurrency services in the UK. The bid shows that the recent collapse of FTX exchange has done little to damp the interest of big names in running their own crypto business.

Industry News

Coin Signals founder to pay $2,847,743 after prison sentence over crypto Ponzi scam

The U. S. District Court for the Southern District of New York has ordered Jeremy Spence, founder of Coin Signals, to pay $2,847,743 in restitution to victims of a fraudulent virtual currency scheme.

Digital Assets

CME Group goes DeFi: Reference rates and real-time indices of Aave, Curve, Synthetix

“These rates are designed to provide traders, institutions and other users transparency and price discovery across a much broader range of tokens, allowing them to confidently and more accurately value cryptocurrency sector specific portfolios and manage price risk around various blockchain-based projects.”

<