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Singapore startup unveils Asia's first robot trader for retail investors

Published Thu, Nov 16, 2017 · 09:50 PM
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Singapore

EVEN before the disruption dust kicked up by robo-advisers has settled, a Singapore-based startup has developed investment robots that can work out trading and investment strategies and execute them on behalf of users.

In what is believed to be a first for retail investors in Asia, AlgoMerchant, started in 2015, is offering six robot creations - each with a different trading philosophy - that invest in the Singapore, Hong Kong and US stock markets, The Business Times has learnt.

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