The company has designed the new mobile-only service to check statistical trends in financial markets and offer users with trading signals based on historical data.
GetGo's advanced algorithm has been developed based on millions of back tests conducted by a team of quantitative finance experts.
The program will use artificial intelligence and machine learning to study millions of data points each hour to anticipate trading opportunities based on historic track records.
Gain Capital will initially provide the new app in 40 markets, including FX, indices and gold.
The user will receive a signal through the app when the algorithm detects the trending pattern. It will help the user to review, assess and execute the trading.
In addition, the app will help users to configure multiple signals notifications received based on various parameters such as signal strength, opportunity rating of the trade, and time of day.
Gain Capital CEO Glenn Stevens said: “GetGo is an intelligent and engaging way to trade financial markets, especially for those who are interested in taking advantage of shorter-term trading opportunities but are deterred by the apparent complexity and the time commitment associated with traditional trading.”
Gain Capital SVP strategy Lex Webster said: "With GetGo we wanted to create a product that would generate high-quality trading signals based on data and statistics, while stripping back the complexities of traditional platform trading via a simplified mobile user experience.”
Gian Capital offers advanced trading technology and execution services to retail and institutional investors.
The company has multiple access points to OTC markets and global exchanges across a wide range of asset classes such as foreign exchange, commodities, and global equities.
Image: Gain Capital has launched new AI-enhanced financial trading app, GetGo. Photo: courtesy of nunawwoofy / FreeDigitalPhotos.net.
