ETX Capital, a UK-based online multi-asset broker, has unveiled a new capability for its web portal, which now tabulates and maps client sentiment across the group, according to an ETX Capital statement.
The client sentiment mapper is available to ETX’s English-language websites and will allow the group’s foreign exchange (FX) and spread betting clients to gain perspective into particular products or instruments. More specifically this will include the observable access to any cues or patterns of products that fellow traders have utilized, such as detailed sentiment indicators.
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Users of the client sentiment mapper will find a familiar interface from which to work with, including general trading sentiments in such linear terms as ‘bearish’ and ‘bullish’. The extended capability is important for traders as individual market participants can observe what the general consensus or trend is for a given instrument, i.e. gold, crude oil, EUR/USD, etc., and dictate their own strategies based on this analysis.
ETX Capital also made headlines this week after it announced a revamped personnel structure for its management that included the appointment of former London Capital Group (LCG) executive, Arman Tahmassebi, who joined the group as its new Chief Operating Officer (COO).