SquaredFinancial and Lusis partner up to provide AI-based Forex trading strategiesSquaredFinancial, the FinTech brokerage firm, has announced today, a strategic partnership with Lusis AI Lab to offer AI-based Forex trading strategies to its customers.
This is part of SquaredFinancial’s ambitious expansion program to bring together the best technology and people to deliver world-class global service to clients. SquaredFinancial has seen a 400 per cent increase in clients on their platform in the 12 months to June.
Two AI strategies, benchmarked during 2020/2021, will be launched on the SquaredFinancial platforms in the coming months. The first uses the past days price action and indicators combined with the London opening price to take a single decision every morning. The second uses the Tokyo and London Session intraday price action and indicators combined to take a decision for the New York Session. Further AI strategies will be introduced once developed.
SquaredFinancial is a next generation multi-asset, multi-jurisdiction firm which provides a global investment gateway for a full range of financial products and services with world-class customer support. It is led by serial entrepreneur Philippe Ghanem whose team has years of experience and is well-versed in scaling businesses.
Lusis is a French software provider offering advanced software solutions and platforms enhanced by applied artificial intelligence and machine learning.
Philippe Ghanem, Executive Chairman of Squared Financial, said: “Our partnership with Lusis is fantastic news for our clients. It enables us to take advantage of the latest AI developments in algorithmic trading to provide them with the best execution possible. We look forward to a long-term partnership with Lusis as we continue to develop further AI strategies.”
Philippe Préval, CEO of Lusis, said: “We are proud to partner with SquaredFinancial, they are changing perceptions of how a FinTech company should be operated. AI is key in our strategy for the coming years in trading as in other business areas such as payment fraud, credit scoring, loyalty or recommendations. We look forward to growing our partnership further as we introduce new products to market.”