New in PRIME Broker: Order placement with Smart Predict

October 12, 2021  |  Scalable Capital
Asset SmartPredict Blog 1920
The new function makes it easier for PRIME Broker clients to place limit and stop orders.

A new function is now available in Scalable Capital's PRIME Broker for placing limit and stop orders: Smart Predict.

Using a technology developed by Scalable Capital, Smart Predict shows users the probability of a limit or stop order being executed within the next hour. The function thus makes it easier for you to set limit or stop prices and can optimise your trading.

The probabilities displayed when placing limit and stop orders update automatically and in real time as you change the desired price or the price of the security fluctuates.

The technology behind Smart Predict relies on historical data sets and machine learning. It takes into account the volatility of a security, the distance to the marketable price, the size of the spread, the type of security, the time of day and other factors. Smart Predict was developed specifically by finance and technology professionals at Scalable Capital.

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Author Scalable Capital
Scalable Capital
Digital wealth management & broker with flat rate
Scalable Capital is a leading fintech in Europe that brings people and technology-based investing together. Scalable Capital offers digital wealth management and a broker with a trading flat rate. In digital wealth management, the company creates and manages globally diversified ETF portfolios for its customers with, if desired, sustainable investment strategies. The broker enables customers to trade shares, ETFs, cryptocurrencies, funds and derivatives themselves and to conclude savings plans.