Prime-of-prime firm CFH Clearing has teamed up Acuity Trading, a sentiment-based technology company, which further enhances its offering with sentiment analytics and provide traders with an early heads-up on market-moving trending topics.
Currently, the Acuity platform uses AI to pull in data from different sources in order to aid with trend detection, sentiment analysis, and identify influential themes to develop actionable strategies or keep track of specific assets. It also offers multiple display and integration options to help augment existing trading tools such as technical analysis, calendars, and traditional news feeds.
The new collaboration is expected to be an important growth driver for TradeTech Group’s liquidity provider, which aims to complement its existing product suite and attract new players to the market.
“We selected Acuity following an in-depth assessment of the best newsfeeds and sentiment data tools on the market. The addition of Acuity will add further value to clients and provide invaluable information in a very clear and visual way, helping them to make informed trading decisions based on real-time data,” said Paul Groves, Head of European Sales of CFH Clearing.
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CFH clients can access Acuity through its proprietary platforms, ClearPro and ClearWeb, and through MT4 and MT5 terminals. The new tool will display a wide range of news sentiment indications and resources from both Dow Jones and Acuity Trading news sources, offering traders improved visual cues to better understand market trends and trade ideas.
CFH Clearing expands distribution network
Social media channels are often the greatest place for conversations around financial assets due to a large number of accounts, news, and opinion generated by influencers of this space.
CFH Clearing, which operates as a liquidity provider for small and medium-sized institutional clients and an STP broker for high net worth and institutional clients, has recently expanded the reach of its liquidity feed to a greater pool of accredited financial entities.
This expansion of the FX services and distribution network has made CFH Clearing’s liquidity also available to a broader set of market participants in the US and Australia
“We are delighted to be working with CFH Clearing. The combination of Acuity’s news sentiment data and professional news from Dow Jones will offer a great trading experience for their clients in both English and Chinese languages,” added Andrew Lane, CEO of Acuity.