Swissquote Fintech Solution to Facilitate Real-time US Presidential Election Opportunities

2016-10-27 01:09 1316

GLAND and ZURICH, Switzerland, Oct. 27, 2016 /PRNewswire/ --

  • Investment opportunities for different election outcome scenarios on financial markets   
  • New artificial intelligence polling solution, developed with the École polytechnique fédérale de Lausanne, provides real-time web polling information on each candidate   
  • US election forex basket will allow users to benefit from the effect of election outcome on exchange rates  

Swissquote Bank AG, Switzerland's leading online bank, announces newly created investment opportunities based on different scenarios of impacts of the US elections on financial markets.

To view the Multimedia News Release, please click:

Investors wishing to capitalize on the elections will see their investment decisions facilitated by a new predictive analysis tool, which Swissquote has developed in partnership with École polytechnique fédérale de Lausanne (EPFL). Based on an artificial intelligence algorithm, poll results will be publicly available on a dedicated Swissquote page:

Currencies and their exchange rates are the financial assets most sensitive to the US election, often reacting in real-time to single statements the candidates make. The Hillary and Donald US Election Foreign Exchange (Forex) Baskets consist of different shares of currencies that are increasingly correlated to the Poll results, which are the Mexican New Peso, the Canadian Dollar, the Chinese Yuan and the Japanese Yen.

"This real-time web opinion poll has the potential to become an important factor for investments decisions, whether for the outcome of a presidential election or any other investment impacted by shifts in public sentiment", said Swissquote CEO Marc Bürki. "Making this unique metric publicly available, shows that Swissquote continues to lead the effort to merge traditional investment strategy with latest financial technology".

Swissquote - The Swiss Leader in Online Banking  

As a leading provider of online financial services, Swissquote offers innovative solutions and analysis tools to meet the wide range of demands and needs of its clients. As well as various online trading services, the user-friendly platform also provides solutions for eForex, ePrivate Banking, eMortgage and flexible saving accounts. In addition to a low-cost service for private clients, Swissquote also offers specialized services for independent asset managers and corporate clients. Swissquote Bank Ltd holds a banking license issued by its supervisory authority the Swiss Federal Financial Market Supervisory Authority (FINMA) and is a member of the Swiss Bankers Association. Its mother company, Swissquote Group Holding Ltd, is listed on the SIX Swiss Exchange (symbol: SQN).

(Logo: )

Source: Swissquote