OneRoyal Chooses Acuity for AI Trading Tools in Tech Push

Monday, 18/11/2024 | 08:06 GMT by Damian Chmiel
  • The collaboration aims to enhance trader decision-making through real-time data and sentiment analysis capabilities.
  • The broker will use five popular Acuity's tools, including NewsIQ, Analysis IQ and Dynamic Emails.
Andrew Lane, CEO of Acuity Trading, talking to Finance Magnates at iFX EXPO International 2024
Andrew Lane, CEO of Acuity Trading, talking to Finance Magnates at iFX EXPO International 2024

Financial services provider OneRoyal has partnered with Acuity Trading to integrate market analysis tools and AI-driven insights into its trading platform, upgrading its current retail trading capabilities.

OneRoyal Enhances Trading Platform with Acuity Trading's AI-Powered Analytics

The new collaboration will provide OneRoyal's clients with access to Acuity's suite of trading tools, including AnalysisIQ and NewsIQ, designed to help traders navigate market conditions with real-time data and sentiment analysis.

"Our goal is to provide traders with an evolving platform that meets their needs in a dynamic market," said Dominic Poynter, Chief Marketing Officer at OneRoyal. "This partnership allows us to offer enhanced trading insights while improving the overall user experience."

Dominic Poynter, CMO of OneRoyal
Dominic Poynter, CMO of OneRoyal

The integration also includes Acuity's Web Sentiment tool, which aggregates online data to gauge market sentiment, and an economic calendar providing real-time updates on global market events. Traders will also receive customized alerts through Dynamic Emails, tailored to their specific trading preferences.

"By integrating our market analysis solutions into OneRoyal's platform, we are enabling traders to make data-driven decisions in an increasingly complex market landscape,” added Andrew Lane, CEO of Acuity Trading.

OneRoyal, established in 2006, operates under multiple regulatory jurisdictions including ASIC and CySEC , offering trading services across FX, indices, commodities, and cryptocurrencies.

Acuity Trading has recently established other partnerships to enhance its AI-driven market analytics offerings. In early November, Zarvista Capital Markets (formerly ZaraFX) integrated Acuity's AnalysisIQ solution into its global trading platform.

Additionally, in early October, Interactive Brokers (NASDAQ: IBKR) incorporated the Acuity Research Terminal into its platform. This integration seeks to improve the research and decision-making tools available to investors utilizing Interactive Brokers' services

“Many People Probably Do Not Understand What AI Is”

In a recent discussion with Finance Magnates, Acuity Trading’s CEO Lane addressed the growing misuse of the term artificial intelligence (AI), labeling the phenomenon as “AIwashing.” He likened this trend to "greenwashing," where companies exaggerated their sustainability claims to gain investor favor, often prompting regulatory scrutiny. Lane noted that many businesses claim to be “AI-friendly” without fully grasping or utilizing AI technology effectively.

“There is a lot to the word AI,” Lane explained, emphasizing that most claims are closer to machine learning than true AI innovation. He expressed skepticism toward companies promoting AI-centric products without a deep understanding of the technology.

Lane founded Acuity in 2013 to deliver advanced trading insights through machine learning and natural language processing (NLP). His background includes early-stage NLP development and natural language generation work at Dow Jones, providing him with a robust foundation in the technologies underpinning AI-driven solutions.

Financial services provider OneRoyal has partnered with Acuity Trading to integrate market analysis tools and AI-driven insights into its trading platform, upgrading its current retail trading capabilities.

OneRoyal Enhances Trading Platform with Acuity Trading's AI-Powered Analytics

The new collaboration will provide OneRoyal's clients with access to Acuity's suite of trading tools, including AnalysisIQ and NewsIQ, designed to help traders navigate market conditions with real-time data and sentiment analysis.

"Our goal is to provide traders with an evolving platform that meets their needs in a dynamic market," said Dominic Poynter, Chief Marketing Officer at OneRoyal. "This partnership allows us to offer enhanced trading insights while improving the overall user experience."

Dominic Poynter, CMO of OneRoyal
Dominic Poynter, CMO of OneRoyal

The integration also includes Acuity's Web Sentiment tool, which aggregates online data to gauge market sentiment, and an economic calendar providing real-time updates on global market events. Traders will also receive customized alerts through Dynamic Emails, tailored to their specific trading preferences.

"By integrating our market analysis solutions into OneRoyal's platform, we are enabling traders to make data-driven decisions in an increasingly complex market landscape,” added Andrew Lane, CEO of Acuity Trading.

OneRoyal, established in 2006, operates under multiple regulatory jurisdictions including ASIC and CySEC , offering trading services across FX, indices, commodities, and cryptocurrencies.

Acuity Trading has recently established other partnerships to enhance its AI-driven market analytics offerings. In early November, Zarvista Capital Markets (formerly ZaraFX) integrated Acuity's AnalysisIQ solution into its global trading platform.

Additionally, in early October, Interactive Brokers (NASDAQ: IBKR) incorporated the Acuity Research Terminal into its platform. This integration seeks to improve the research and decision-making tools available to investors utilizing Interactive Brokers' services

“Many People Probably Do Not Understand What AI Is”

In a recent discussion with Finance Magnates, Acuity Trading’s CEO Lane addressed the growing misuse of the term artificial intelligence (AI), labeling the phenomenon as “AIwashing.” He likened this trend to "greenwashing," where companies exaggerated their sustainability claims to gain investor favor, often prompting regulatory scrutiny. Lane noted that many businesses claim to be “AI-friendly” without fully grasping or utilizing AI technology effectively.

“There is a lot to the word AI,” Lane explained, emphasizing that most claims are closer to machine learning than true AI innovation. He expressed skepticism toward companies promoting AI-centric products without a deep understanding of the technology.

Lane founded Acuity in 2013 to deliver advanced trading insights through machine learning and natural language processing (NLP). His background includes early-stage NLP development and natural language generation work at Dow Jones, providing him with a robust foundation in the technologies underpinning AI-driven solutions.

About the Author: Damian Chmiel
Damian Chmiel
  • 1961 Articles
  • 47 Followers
About the Author: Damian Chmiel
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.
  • 1961 Articles
  • 47 Followers

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