VT Markets, a Sydney-based global multi-asset broker, has integrated Signal Centre’s Analysis IQ into its trading platform to help its clients improve their trading decisions. According to the broker, Analysis IQ combines traditional and alternative data sets and provides a “technical view of the markets based on intraday time frame.”
VT Markets disclosed the new partnership with Acquity, which acquired the research firm Signal Centre in 2021, in a statement shared with Finance Magnates on Friday. Through the collaboration, the brokerage firm explained, its clients will enjoy “the advanced artificial intelligence technology, superior design and multilingual capabilities that Singal Centre offers.”
“The platform’s AI-powered approach ensures a holistic analysis of current market conditions to assist with decision-making. The combination of human-led insights with AI technology enables traders to make better-informed decisions more efficiently,” VT Markets noted.
VT Markets Grows Trading Volume despite Inflation
VT Markets was founded in 2016 in Sydney, Australia. The broker offers online trading of forex, contracts for difference, soft commodities, stocks and precious metals to its customers.
Since its founding, VT Markets has continued to strengthen its business. At the end of 2022, VT Markets reported a 125% increase in its trading volume. Additionally, the broker reported a 140% growth in the total number of traders active on its platform during the period.
“VT Markets’ success was driven by an emphasis on innovation, product diversification and expansion into newer markets. The brokerage ventured beyond traditional trading products and offered more diverse instruments such as indices, bonds, and ETFs. They also expanded their business operations globally,” VT Markets explained.
Meanwhile, the growth in the company’s trading volume came during a period defined by historic high levels of inflation and sinking first-time deposits by retail traders. Finance Magnates reports that both brokers and traders are re-strategizing to adapt to the situation.
Moreover, Chris Nelson-Smith, VT Markets’ Director, recently reiterated the brokerage’s commitment to developing its offerings to keep up with changing markets and industry trends.