Traders Aim to 'Sqore' Wins under News & Analysis Service Launched by Swissquote
- Swissquote is the latest financial services provider of currencies and CFDs to launch a dedicated information service. The new solution, Sqore, offers institutional level trading ideas in major financial instruments.
Swiss banking institute, Swissquote, has launched a news and information service that supports the growth and development of retail and professional traders. The multi-asset provider of 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 CFDs has joined key industry players who promote financial literacy through dedicated news and information services. Swissquote has launched Sqore, a trade ideas service for the retail trading community.
The new service provides a range of data that gives traders useful trade ideas. Furthermore, it gives access to automated quantitative models which cover techniques such as, pairs Trading (G10 & EM currencies), advanced Interest rate differential, technical Analysis w/ AI overlay and commodities & Index breakout.
On its website, the firm states: “The idea behind Swissquote SQORE is to provide direction, practical and institutional-quality trade ideas to retail traders.”
Swissquote joins rivals such as FXCM and Saxo Bank. Several providers have added trading tools to accompany their core Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term service to give traders a more rounded product that helps them in their decision making process.
Ryan Nettles, Director, Head of FX at Swissquote, commented to Forex Magnates: “We have developed and launched multiple quantitative automative trading models so traders can create portfolios, track performance and follow the trade ideas. The trading models provide ideas across Forex, Commodities and Stock Indices.”
Sqore will sit on top of Swissquote’s existing news and analysis coverage. The firm has a number of analysts who provide up-to-date analysis, including, Peter Rosenstreich - Chief FX Analyst, Mazen Salhab - Middle East FX Analyst, Luc Luyet - Senior Market Analyst and Ipek Ozkardeskaya - Market Analyst. Swissquote issues analysis on a daily basis covering both the technical and fundamental aspects that impact the market.
The FX markets have seen a surge in participation of retail investors over the last decade, the wider use and accessibility of the internet has been a key driver of the growth in this sector, particularly in emerging markets where private investors are perceived to have lower financial literacy and knowledge of mainstream financial services products than those in the developed world.
Mr. Nettles adds: “We plan to launch later the ability to autocopy the trade ideas directly on your Swissquote account. We are very excited about this new portal and feel it will be very popular as we don't see anyone that offers this in the market.”
Swiss banking institute, Swissquote, has launched a news and information service that supports the growth and development of retail and professional traders. The multi-asset provider of 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 CFDs has joined key industry players who promote financial literacy through dedicated news and information services. Swissquote has launched Sqore, a trade ideas service for the retail trading community.
The new service provides a range of data that gives traders useful trade ideas. Furthermore, it gives access to automated quantitative models which cover techniques such as, pairs Trading (G10 & EM currencies), advanced Interest rate differential, technical Analysis w/ AI overlay and commodities & Index breakout.
On its website, the firm states: “The idea behind Swissquote SQORE is to provide direction, practical and institutional-quality trade ideas to retail traders.”
Swissquote joins rivals such as FXCM and Saxo Bank. Several providers have added trading tools to accompany their core Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term service to give traders a more rounded product that helps them in their decision making process.
Ryan Nettles, Director, Head of FX at Swissquote, commented to Forex Magnates: “We have developed and launched multiple quantitative automative trading models so traders can create portfolios, track performance and follow the trade ideas. The trading models provide ideas across Forex, Commodities and Stock Indices.”
Sqore will sit on top of Swissquote’s existing news and analysis coverage. The firm has a number of analysts who provide up-to-date analysis, including, Peter Rosenstreich - Chief FX Analyst, Mazen Salhab - Middle East FX Analyst, Luc Luyet - Senior Market Analyst and Ipek Ozkardeskaya - Market Analyst. Swissquote issues analysis on a daily basis covering both the technical and fundamental aspects that impact the market.
The FX markets have seen a surge in participation of retail investors over the last decade, the wider use and accessibility of the internet has been a key driver of the growth in this sector, particularly in emerging markets where private investors are perceived to have lower financial literacy and knowledge of mainstream financial services products than those in the developed world.
Mr. Nettles adds: “We plan to launch later the ability to autocopy the trade ideas directly on your Swissquote account. We are very excited about this new portal and feel it will be very popular as we don't see anyone that offers this in the market.”