Startup Almax Begins Testing Artificial Intelligence News Analytics Platform

Officials say the Almax platform provides more context around news events than other analytics platforms.

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Designed to “function like the human brain,” Almax uses qualitative and quantitative data to deliver deep analysis and predictions on the direction and magnitude of stock movements. Traders and asset managers building and executing strategies across all asset classes can subscribe to stocks they are interested in—initially covering US equities, though Almax will incorporate more asset classes and regions as the platform develops—and the platform monitors both structured news sources such as

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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