BlackBull Markets has tapped the services of Acuity to offer traders Artificial Intelligence-based news analytics, sentiment analysis, and Dow Jones news directly through the online trading platform interface.
BlackBull Markets Enhances Services with Acuity Partnership
The partnership came when BlackBull enhanced its services in many other areas. Last year, the broker inked a partnership deal with TradingView, allowing traders to execute trades directly from the charting and social trading platform. Also, the broker acquired ATM Strategy to enhance its offerings around market research and partnered with Cyprus-based HokoCloud to offer copy trading services.
“Over the past seven years, we’ve built out all areas of our business to meet the global standards of an industry leader with our core services offering and our pricing model at a point that is highly competitive for our clients. As such, we’ve seen a lot of success with traders moving away from some of the legacy giants who treat them as just a small piece of their bigger business,” said the CEO of BlackBull Markets, Michael Walker.
Blackbull is headquartered in Auckland and offers retail trading services with its licenses obtained from the regulators in New Zealand and Seychelles. It provides access to over 23,000 trading instruments across asset classes, including margin forex and contracts for differences (CFDs).
Meeting the Demand for Market News
“Our partnership with Acuity Trading reflects our shared values and company ethos, which is to streamline responsible trading. By incorporating Acuity’s AssetIQ we can offer our clients expert trading insights unrivalled on the market and give them a positive trading experience,” Walker added.
Founded in 2013 and headquartered in London, Acuity extracts and analyzes rich sentiment data from global news sources using proprietary technology to provide market insights. It uses sophisticated Machine Learning and Natural Language Processing technology to provide market signals. Additionally, it acquired the research firm Signal Centre and opened an R&D center in Barcelona, Spain.
Apart from BlackBull, some of the well-known brokerage industry players that tapped the services of Acuity are Equiti, EightCap, Oanda, ADSS, Hantec Markets, Admirals, and many more.
“Acuity works to establish new partnerships that provide traders and brokers across the world with access to market-leading products,” said Andrew Lane, the CEO of Acuity Trading. “Our visions for the future of financial technology are aligned, and we look forward to collaborating both in terms of innovation and growing our services to offer world-class trading tools and technologies.”