The service is currently available in user testing.
It offers stock and market data, delivering analyses from many sources.
Tiger
Brokers, the trading brand of a leading online brokerage firm focusing on Chinese
investors UP Fintech Holding Limited, has presented an alternative to the artificial
intelligence (AI) chatbot ChatGPT, dubbed TigerGPT. According to the company's
press release published on Wednesday, it is the first AI trading assistant
released in the industry.
TigerGPT to Enhance Investment
Decision-Making
OpenAI's
ChatGPT chatbot, presented by OpenAI, which uses natural language processing to
create humanlike conversational dialogue, has become the Internet's biggest hit
for 2022/2023. The platform's owners predict it will be worth more than $1
billion by the end of 2024.
Tiger
Brokers decided to take advantage of the advanced capabilities of artificial
intelligence from OpenAI and created TigerGPT based on its technology. The
investment assistant leverages the broker's extensive content library and
access to premium sources to provide users with prompt, informative responses.
This
includes data on listed companies' profiles, a wealth of financial knowledge,
investor education materials, and market and stock insights. By addressing
investment-related queries in easily digestible conversations, TigerGPT saves
users time and increases efficiency in pre-investment preparation.
"We
believe our TigerGPT feature can bring users a deeply valued fresh breeze, by
addressing various queries on investment research, quenching curiosities of
specific stocks and industries, and presenting the very piece of information
needed in a well-articulated and highly-pertinent manner β all the factors
needed before making informed, efficient and smart investments," Wu
Tianhua, the Founder and CEO of Tiger Brokers, commented.
TigerGPT
undergoes daily training and absorbs the latest market updates to ensure
concise and relevant interactions. This is made possible by Tiger Brokers' accurate
classification and easy navigation.
The new
tool is currently in user testing in selected markets. Tiger Trade app users
interested in participating can join the test waiting list. Tiger Brokers'
R&D team is working on adding more languages to TigerGPT's current support
in English, Traditional Chinese, and Mandarin Chinese, in line with the
company's growing global expansion.
"The dialogue content of TigerGPT is generated by the system and constructed according to the information from [the] Internet. It is only used for the purpose of disseminating information. It does not constitute a solicitation, invitation, advising or opinion on any financial product," TigerGPT's disclaimer stated.
AI, Machine Learning and
Retail Trading Go Side by Side
As Finance
Magnatesreported, ChatGPT has received widespread praise in recent times.
AI technologies, such as machine learning, have significantly impacted trading data analysis, notes Will Carter, a trading solutions developer and the Head of Trading and Analytics at MahiMarkets.
"Technical
analysis has been around for a long time to assist traders in identifying
patterns, but machine learning has been the most significant innovation in data
analysis in recent times," Carter commented.
Carter
highlights the increasing prevalence of high-frequency trading in the retail
sector, which demands vast amounts of data. To successfully utilize machine
learning in this context, traders must first ensure they can access high-frequency
data.
For retail
traders, affordable access to data is crucial. Kiel points out that data is widely
available and comes in various forms, ranging from ultra-low latency real-time
information through APIs to different levels of delayed market data.
Additionally, historical market replay streams and data downloads are readily
accessible to traders.
UP Fintech Reports Third
Profitable Year in a Row
UP Fintech
Holding Limited (NASDAQ:TIGR) recently unveiled its unaudited financial
results for the quarter and the full year ending on December 31, 2022. Despite
facing global macroeconomic challenges, the online brokerage reported an annual
revenue of $225.4 million.
As per the
press release issued last month, UP Fintech's non-GAAP net income attributable
to the company reached $12.68 million, securing profits for the third year in a
row. In the fourth quarter of 2022, the company's total revenue amounted to
$63.85 million, representing an increase of 15.2% quarter-over-quarter (QoQ), with
a non-GAAP net income of $4.52 million.
However,
recent news about the company has been less favorable. In December, UP Fintech
and another trading firm, Futu, drew the attention of the China Securities
Regulatory Commission (CSRC). The regulatory body announced plans to prohibit
both companies from operating within mainland China due to their engagement in
illegal securities activities.
Tiger
Brokers, the trading brand of a leading online brokerage firm focusing on Chinese
investors UP Fintech Holding Limited, has presented an alternative to the artificial
intelligence (AI) chatbot ChatGPT, dubbed TigerGPT. According to the company's
press release published on Wednesday, it is the first AI trading assistant
released in the industry.
TigerGPT to Enhance Investment
Decision-Making
OpenAI's
ChatGPT chatbot, presented by OpenAI, which uses natural language processing to
create humanlike conversational dialogue, has become the Internet's biggest hit
for 2022/2023. The platform's owners predict it will be worth more than $1
billion by the end of 2024.
Tiger
Brokers decided to take advantage of the advanced capabilities of artificial
intelligence from OpenAI and created TigerGPT based on its technology. The
investment assistant leverages the broker's extensive content library and
access to premium sources to provide users with prompt, informative responses.
This
includes data on listed companies' profiles, a wealth of financial knowledge,
investor education materials, and market and stock insights. By addressing
investment-related queries in easily digestible conversations, TigerGPT saves
users time and increases efficiency in pre-investment preparation.
"We
believe our TigerGPT feature can bring users a deeply valued fresh breeze, by
addressing various queries on investment research, quenching curiosities of
specific stocks and industries, and presenting the very piece of information
needed in a well-articulated and highly-pertinent manner β all the factors
needed before making informed, efficient and smart investments," Wu
Tianhua, the Founder and CEO of Tiger Brokers, commented.
TigerGPT
undergoes daily training and absorbs the latest market updates to ensure
concise and relevant interactions. This is made possible by Tiger Brokers' accurate
classification and easy navigation.
The new
tool is currently in user testing in selected markets. Tiger Trade app users
interested in participating can join the test waiting list. Tiger Brokers'
R&D team is working on adding more languages to TigerGPT's current support
in English, Traditional Chinese, and Mandarin Chinese, in line with the
company's growing global expansion.
"The dialogue content of TigerGPT is generated by the system and constructed according to the information from [the] Internet. It is only used for the purpose of disseminating information. It does not constitute a solicitation, invitation, advising or opinion on any financial product," TigerGPT's disclaimer stated.
AI, Machine Learning and
Retail Trading Go Side by Side
As Finance
Magnatesreported, ChatGPT has received widespread praise in recent times.
AI technologies, such as machine learning, have significantly impacted trading data analysis, notes Will Carter, a trading solutions developer and the Head of Trading and Analytics at MahiMarkets.
"Technical
analysis has been around for a long time to assist traders in identifying
patterns, but machine learning has been the most significant innovation in data
analysis in recent times," Carter commented.
Carter
highlights the increasing prevalence of high-frequency trading in the retail
sector, which demands vast amounts of data. To successfully utilize machine
learning in this context, traders must first ensure they can access high-frequency
data.
For retail
traders, affordable access to data is crucial. Kiel points out that data is widely
available and comes in various forms, ranging from ultra-low latency real-time
information through APIs to different levels of delayed market data.
Additionally, historical market replay streams and data downloads are readily
accessible to traders.
UP Fintech Reports Third
Profitable Year in a Row
UP Fintech
Holding Limited (NASDAQ:TIGR) recently unveiled its unaudited financial
results for the quarter and the full year ending on December 31, 2022. Despite
facing global macroeconomic challenges, the online brokerage reported an annual
revenue of $225.4 million.
As per the
press release issued last month, UP Fintech's non-GAAP net income attributable
to the company reached $12.68 million, securing profits for the third year in a
row. In the fourth quarter of 2022, the company's total revenue amounted to
$63.85 million, representing an increase of 15.2% quarter-over-quarter (QoQ), with
a non-GAAP net income of $4.52 million.
However,
recent news about the company has been less favorable. In December, UP Fintech
and another trading firm, Futu, drew the attention of the China Securities
Regulatory Commission (CSRC). The regulatory body announced plans to prohibit
both companies from operating within mainland China due to their engagement in
illegal securities activities.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
π£ Stay updated with the latest in finance and trading!
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africaβs premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
π£ Stay updated with the latest in finance and trading!
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africaβs premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
π£ Stay updated with the latest in finance and trading!
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
π£ Stay updated with the latest in finance and trading!
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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