The Connors Group in Jersey City, N.J. is offering a new release of Machine Lite, a comprehensive financial software solution allowing investors to build an actively manage customized, quantified investment portfolios.
The Machine is a web-based software lets users build customized portfolios utilizing more than 36,000 pre-set strategies, according to the company's release. The Machine Lite offers a streamlined version of the original software and is suited to medium-sized accounts. It includes almost all of the ETF strategies and several of the high-performing stock strategies available in the original version.
"The Machine is the industry’s first software enabling individual investors to combine multiple ETF and equity trading methodologies into one portfolio. We’re very excited to offer this powerful solution in a new, streamlined and easy-to-access Lite version,” commented Larry Connors, founder and CEO of The Connors Group. “The Machine Lite is a natural stepping stone toward the full version. Every strategy has been backtested, so users can immediately begin to build and trade their portfolios using quantified market data.”
The Machine is designed for use by individual investors, investment advisors and asset managers, while machine Lite is geared towards individuals who want access to institutional quality, quantified research delivered simply and concisely. The products can be used for building ortfolios of multiple strategies (equities, ETFs, long, short, mean reversion, and trend following), so that users can mitigate portfolio volatility and draw-downs to achieve consistency in any market environment, stated the release.
Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio