Jersey City, NJ (PRWEB) July 30, 2010
The Connors Group is proud to announce the launch of its flagship project, The Machine®, the first and only commercially available financial software that allows traders, investors, investment advisors, and money managers to build and actively manage customized, quantified portfolios of equities and exchange-traded funds (ETFs).
The Machine allows investors to test and implement a variety of high probability, high performance active strategies within a consistent framework of rigorous statistical analysis. "This is the 21st century of trading and investing," said Larry Connors, CEO and founder of Connors Group and Connors Research, developers of The Machine. "The Machine is the future of active management."
An institutional quality resource for investment advisors, individual investors and money managers, The Machine provides the tools necessary to build quantified, back-tested portfolios using stocks and ETFs. The Machine is the only resource of its kind that puts the power of a massive proprietary database of millions of equity trades at the fingertips of users.
The Machine features a suite of quantified and back-tested trend-following strategies as well as mean reversion strategies available only to its users. These new trend-following strategies are a major breakthrough for both Connors Research and the greater trading and investing community, providing quantified and historically-tested strategies to allow investors to take advantage of significant moves in low volatility trending equities and ETFs.
Said Connors: "Instead of randomly picking stocks, traders and investors using The Machine will have the ability to build and trade quantified, back-tested portfolios. Importantly, traders and investors will be able to adjust those quantified portfolios to deal with changing market conditions."
"No emotion. No buy and hold. And no one else's opinion. Just data-driven decisions that you, the individual trader and investor, control."
The Machine can be used to create portfolios for numerous objectives such as long only portfolios for IRAs, bear market portfolios, long/short balanced portfolios for multiple market conditions, or aggressive high return portfolios. The Machine is a unique and valuable contribution to the next generation of trading and investing tools. As such, the product was recognized by Inside Market Data in the spring of 2010, which counted The Machine among its finalists for the organization's 2010 Innovative Market Data Project Award.
"We are proud to be recognized for this honor," said Larry Connors, "and we are especially pleased to see such a positive reception for The Machine ... This recognition by Inside Market Data is consistent with the surge of early support we've received from our customers who are adopting the product and helping us continue to grow The Machine."
About The Connors Group
The Connors Group is a leading innovator in the development and distribution of financial market trading information and data for both the institutional investment community and the individual investor and trader. Through its research arm, Connors Research, the firm builds and develops model-driven, quantitatively validated trading methodologies based on a proprietary, continuously-curated core database of U.S. equity trades.
For more information about The Machine and The Connors Group, contact Mark Angil, Executive Vice President, at +1-973-494-7311, extension 1, or visit http://www.themachineus.com