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