Autochartist Enters Futures Analysis Sector with Delkos Launch
- With their eyes on the futures market, Autochartist has launched a new unit named Delkos Research to provide technical analysis for futures.
Autochartist, a provider of automated technical analysis for the online Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term and CFD market, is entering new terrain with its launch of Delkos Research. Using underlying technology from Autochartist, Delkos is a trading analysis offering designed for the futures industry. Similar to Autochartist, Delkos creates both daily reports and real-time analysis for futures contracts. Included in the research is analysis on interest rates, equity indexes, energy, FX, agriculture and metals products.
Connecting with Autochartist's CEO, Ilan Azbel, he explained to Finance Magnates that Autochartist and Delkos Research have their similarities, but also include differentiators which make them specific to their respective trading industries. In regards to Delkos, Azbel cited that analysis is offered down to one minute data intervals. He explained, “This is primarily because we find the futures traders are a little more sophisticated than the average retail forex trader and can handle a faster stream of information."
Azbel also added that the marketing of the product differs. With Autochartist, the firm typically markets the service to brokers, who then provide it to their end-user customers. This is in contrast to Delkos where the product’s initial target of customers are introducing brokers (IB). Azbel explained that unlike forex brokers, in the futures industry, IBs tend to have relationships with customers, as opposed to the larger brokers. As such, Delkos created the product where it can be distributed directly from IBs to their customer base to provide a value add for their trading.
In regards to working with brokers, Azbel stated that their goal is to provide the offering as an embeddable solution within broker trading platforms. Azbel explained that futures brokers use Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term features as competitive advantages when competing against fellow firms for customers. As such, Delkos views the ability for firms to add the research via an API on their platforms as a potential differentiator for brokers.
Overall, Azbel explained that the trend he sees is that assets such as stocks and futures have become commoditized. As such, pricing is less of a battle between brokers. In replace of, firms have begun to focus on initiatives that provide big-data and analysis services to their customers to provide added value for their trading. In that regard, Delkos is aiming to fit its offering to meet this demand.
Autochartist, a provider of automated technical analysis for the online Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term and CFD market, is entering new terrain with its launch of Delkos Research. Using underlying technology from Autochartist, Delkos is a trading analysis offering designed for the futures industry. Similar to Autochartist, Delkos creates both daily reports and real-time analysis for futures contracts. Included in the research is analysis on interest rates, equity indexes, energy, FX, agriculture and metals products.
Connecting with Autochartist's CEO, Ilan Azbel, he explained to Finance Magnates that Autochartist and Delkos Research have their similarities, but also include differentiators which make them specific to their respective trading industries. In regards to Delkos, Azbel cited that analysis is offered down to one minute data intervals. He explained, “This is primarily because we find the futures traders are a little more sophisticated than the average retail forex trader and can handle a faster stream of information."
Azbel also added that the marketing of the product differs. With Autochartist, the firm typically markets the service to brokers, who then provide it to their end-user customers. This is in contrast to Delkos where the product’s initial target of customers are introducing brokers (IB). Azbel explained that unlike forex brokers, in the futures industry, IBs tend to have relationships with customers, as opposed to the larger brokers. As such, Delkos created the product where it can be distributed directly from IBs to their customer base to provide a value add for their trading.
In regards to working with brokers, Azbel stated that their goal is to provide the offering as an embeddable solution within broker trading platforms. Azbel explained that futures brokers use Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term features as competitive advantages when competing against fellow firms for customers. As such, Delkos views the ability for firms to add the research via an API on their platforms as a potential differentiator for brokers.
Overall, Azbel explained that the trend he sees is that assets such as stocks and futures have become commoditized. As such, pricing is less of a battle between brokers. In replace of, firms have begun to focus on initiatives that provide big-data and analysis services to their customers to provide added value for their trading. In that regard, Delkos is aiming to fit its offering to meet this demand.