Quant Insight (Qi) announced the launch of iQbyQi, a new product for retail traders in Europe and the Middle East with institutional grade analytics. iQbyQi uses a cloud-based AI “market brain” which analyses millions of data points in real time, understands how they are all connected to market prices, highlights opportunities and risks, then broadcasts ‘insights and analytics’ tailored specifically to individual traders.
Up until this point, Quant Insight has used its technology to provide unique macro insights to investment banks, hedge funds and asset managers. Clients with some $2.5 trillion incorporate Qi’s analytics in their investment process.
iQbyQi will be available through online brokers in Europe and the Middle East as a first step, and retail investors will receive iQbyQi insights and analytics in real time. Those insights and analytics provide them with clarity on how security prices are impacted by macro forces allowing them to make better investment. All asset classes from FX to single stocks, indices, commodities, crypto, and futures are covered.
Mahmood Noorani, co-founder and CEO at Qi, said in a statement: “Institutional investors have always had access to cutting edge technology, tools and resources such as Qi. However, the trend towards democratization is accelerating and the launch of iQbyQi designed for individual traders is another key marker on that path.”
“Individual investors now have access to a new level of insight and analysis backed by AI, machine learning and data science. Armed with this unique insight into the macro-forces driving asset prices, individual investors will be better equipped to identify key market opportunities and risks. This is a far cry from the myriad of subjective, conflicting, and often confusing opinions and comments that flood retail investors every minute.”
Individual traders are becoming a greater force in financial markets. Indeed, this trend accelerated over the Covid 19 outbreak in 2020 and by March 2021, retail trading accounted for almost as much as mutual funds and hedge funds combined. However, it’s no secret that 60-80% of individual online trading accounts lose money. That is out of every 10 traders, only 2-3 traders succeed. Regulatory bodies around the world have expressed concern and are calling for investor education and empowerment to help them successfully build wealth for the long term and make informed investment decisions.