Firstrade, an online brokerage firm founded in 1985, announced a new partnership with Trading Central, a provider of investment decision support tools and analysis, today (Tuesday).
Through this collaboration, Firstrade aims to offer its clients an expanded suite of analytical investment solutions from Trading Central. These are intended to help investors conduct research and make more informed trading decisions.
Firstrade Partners with Investment Analysis Firm Trading Central
Specifically, Firstrade customers will now have access to Trading Central's Technical Insight, Market & News, Strategy Builder, and Economic Calendar products. Technical Insight utilizes technical analysis to identify stock trends and patterns. Market & News provides market sentiment insights using AI and advanced sentiment scoring.
Strategy Builder allows investors to screen stocks based on over 65 fundamental, technical and quantitative factors. Finally, the Economic Calendar gives traders a streamlined view of upcoming economic events.
"Our integration with Trading Central enables our investors to make more informed decisions and smarter trades," said Don Montanaro, the President of Firstrade. "We're committed to giving our clients the latest in financial innovation."
Montanaro was appointed as the new helmsman of the company last month. He brings over 30 years of experience in areas like strategic planning, marketing , risk management, and regulatory compliance.
Trading Central Introduces New Tools
Trading Central, a provider of investment decision support tools and analysis, announced the launch of two new products in recent months: Options Insight in January 2024 and an upgrade to its TC Crowd Insight tool in October.
Options Insight is an AI-powered tool aimed at the derivatives market and self-directed investors. It provides insights into options as an alternative to stocks for portfolio diversification, risk management , and income generation.
“2024 marks the 25th anniversary of Trading Central Group, and Options Insight is a great illustration of our unrivaled commitment to support decision making through innovation”, said Alain Pellier, the CEO of Trading Central.
Upgrade to the TC Crowd Insight tool focuses on news and social media sentiment analysis. Trading Central's data scientists developed a new proprietary indicator called Sentiment Signal, which detects market mood swings. This allows users to base their buy and sell decisions on shifts in overall market sentiment.