Refinitiv, a global , announced this Tuesday that it has partnered with the , which has launched DeepFX, an artificial intelligence-based foreign exchange (forex) trading prediction application through Eikon.
Eikon is a set of software products that allow financial professionals to monitor and analyse financial information, provided by Refinitiv. The partnership announced today is the first released third-party Eikon app from a financial institution based in China.
The DeepFX app uses deep learning technology to predict the short-term price movements of six major FX currency pairs including EURUSD, AUDUSD, GBPUSD, USDCAD, USDJPY and USDCHF.
Refinitiv DeepFX available in Lite version
According to the statement released this Tuesday, the Lite version of the app provides a 5-minute interval real-time FX trade signal forecasting services. The app is available for Eikon users under a free subscription.
Source: LinkedIn
“We are pleased to see Bank of China leveraging our platform to showcase their AI technology and financial expertise for customers. We certainly look forward to having more financial institutions take advantage of our open platform to build out their service offerings in China.”
The partnership with Refinitiv comes at a time when the markets data provider is expected to be acquired by the London Stock Exchange (LSE). As the exchange got the tick of approval from the Committee on Foreign Investment in the United States (CFIUS).
Specifically, the regulator said the takeover doesn’t raise any national security concerns, which clears yet another hurdle for the all-stock deal to buy the former financial and risk business of Thomson Reuters
Refinitiv Partners with Bank of China to Launch DeepFX
Published in Analysys
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