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Saxo Markets partners with Jaaims to enable fully automated trading capabilities

Announcement posted by Jaaims 03 Nov 2020

(Sydney, Australia, November 3, 2020) Jaaims Technologies, the fully automated trading app, welcomes Saxo Markets as a key strategic broker partner, allowing clients to automatically trade via Saxo’s Open API infrastructure.

 

Jaaims’ first to market mobile application has been developed to service the needs of investors who are short on time to manage and optimise their share portfolio. Utilising artificial intelligence technology, Jaaims analyses millions of pieces of data from over 250 different news, financial data and social media sources each day to determine buy and sell recommendations on over 1,000 shares across Australia, United Kingdom, Germany and United States. Utilising these recommendations, Jaaims automates the buying and selling of the customers share portfolio via their broker using their pre-set parameters.

 

Saxo Australia’s CEO Adam Smith commented “SAXO’s Open API infrastructure is the key to being able to link Jaaims’ trading recommendations with investors who can then execute their trades on international stock exchanges in just a few clicks. With our extensive experience in connecting and integrating capital markets infrastructure we see great potential in this area.  Jaaims is one of the first of its kind in Australia, and we are delighted to be partnering with them.”

 

Jaaims Founder and CEO, Tui Eruera comments “Sharing similar values of innovation and enablement, Saxo Markets provides a trusted and secure broker partner for our customers to facilitate their trades whilst providing market leading technology and service to us.”

 

Eruera adds, “The growth of online trading has exploded this year as investors seek reliable additional sources of income as we become more conscious about money and investing for the future. Jaaims provides an opportunity for all investors from the first timer, SMSF to the sophisticated investor to access this powerful technology used by the large financial institutions at a fraction of the price.

 

Customers who sign up to Jaaims receive a free 14-day trial and a subscription upgrade on our Starter subscription starting from $49 per month. Existing Saxo Markets customers can connect their Saxo Markets account once they sign up to Jaaims utilising our direct connect technology and allocate a proportion of their account to Jaaims to realise the benefits of AI investing.

 

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About Jaaims Technologies

 

Jaaims is the first fully automated trading app that analyses, predicts and makes calculated trades on our customers behalf. Connected to their chosen broker account, our sophisticated AI trading algorithm automatically buys and sells positions in shares of our customers choice 24/7.

 

Jaaims Technologies Pty Ltd ABN 42 635 824 056 / Australian Financial Services Licence (AFSL) #519985