2 years ago
378 FinanceFeeds -
IG Group has introduced an expert advisor (EA) for MetaTrader 4 that executes the trade ideas from Signal Centre, the market research firm recently acquired by Acuity.
The FX and CFD broker has been offering access to Signal Centre for many years now, but the launch of an EA for MT4 is a new development that is likely to find wide popularity among its client base.
Signal Centre is an FCA-regulated service offered by a team of experienced technical analysts and professional traders that deliver clear trade ideas to enhance trading opportunities.
It is a combination of experienced, human-led analysts and AI technology that conducts a deep analysis of the markets and delivers risk/reward trade ideas that support novice and advanced traders.
The team of experienced market professionals uses both traditional and alternative data sets to gain a comprehensive view of the markets, from the short to the long term, to suit all trading styles.
The Signal Centre Trade Ideas EA for MT4 turns the actionable trading ideas from rich analysis content and data into signals and orders that can be executed on the trading platform.
“We believe in transparency which is why Signal Centre is authorised and regulated by the Financial Conduct Authority. This means you can be assured that the signals are compliant-friendly and help you to build trust and loyalty amongst our clients”, said IG Group in a statement.
Signal Centre has recently been acquired by Acquity for an undisclosed sum in a move that aims to further cement Acuity Analytics’ position as a leading data and analytics provider in the financial markets.
Acuity Trading and Signal Centre remain as independent companies whilst drawing on shared internal resources and expertise.
Signal Centre, formerly known as PIA-First, was founded in 2007 and grew from serving professional clients’ central need for trading signals to launching on trading platform in 2013 after a management buy-out.
In 2015 a multi-lingual CMS system was designed and developed to further enhance the global reach and in 2018, Signal Centre successfully applied for direct authorization and to be FCA regulated.
Earlier this year, IG Group completed the acquisition of online brokerage and investor education platform tastytrade for $1 billion.
tastytrade was founded by the entrepreneurial management team who previously created the highly successful options trading platform, thinkorswim, acquired by TD Ameritrade in 2009.
The US-based brokerage is used by over 105,000 self-directed investors with active accounts. IG will provide tastytrade with a platform for international expansion.
The transaction is made up of $300 million in cash and the issuance of 61,000,000 new ordinary shares in IG Group to tastytrade shareholders.
The post IG Group launches Signal Centre Trade Ideas EA for MT4 appeared first on FinanceFeeds.
