A Chinese brokerage that launched an artificial intelligence (AI)-powered trade bot a year ago says the tool is saving individual investors a lot of time.
Beijing-based Tiger Brokers, owned by Nasdaq-listed Up Fintech Holding, launched its trade bot TigerGPT in May 2023, making it the first among online brokerages to bake a ChatGPT-like service into its trading platform. A year later, investors have started to recognise the bot’s role in sifting through a sea of financial information to generate investment advice, Wang Yan, vice-president of product at the brokerage, said in an interview this week.
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