On Wednesday, QuantGate Systems Inc (OTCMKTS:QGSI) was one of the stocks which came into considerable focus among investors and ended up with gains of as much as 15% as a consequence. The company is involved in providing SaaS-based financial technology solutions that are powered by artificial intelligence and machine learning.
Trading Data
On Wednesday, QGSI stock ended flat at $0.0700 with more than 106K shares, compared to its average volume of 31K shares. The stock moved within a range of $0.0700 – 0.0700 after opening trade at $0.0770.
Sterling Trading Tech to Integrate QuantGate Opportunity Signals into Its Platform
Yesterday, the company came into focus after it announced that its technology was going to be integrated by Sterling Trading Tech with its trading platforms. Sterling is one of the leading providers of trading platforms, order management, risk tools, and margin tools providers to the global capital markets industry. Hence, it goes without saying that the latest development is a significant one for QuantGate Systems.
The Opportunity Signal technology from QuantGate Systems has the capability of crunching through 4 terabytes of data from the capital markets each second and then providing the best opportunities in the near term. Sterling Trading Pro platform is going to add a widget to this technology and will get the necessary access to this technology. It now remains to be seen if the QuantGate Systems stock can continue to add to its gains over the course of the coming days or not.
key Quote
“We are always looking to add new tools and educational services that can help our end users,” states Andrew Actman, Managing Director of Business Development. “The ground-breaking Opportunity Signal Technology is responsive to ever-changing market conditions and will be useful for our Sterling Trader® Pro retail and institutional traders.”
Technical Data
QGSI stock is trading below the 20-Day and 50-Day Moving averages of $0.0797 and $0.0955 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0750.
