TL;DR:
- Lion Group introduces “Phoenix,” an intelligent trading algorithm service.
- Utilizes AI technology to provide users with a sophisticated trading experience.
- Aims to integrate AI into existing products, enhancing technical barriers.
- CEO highlights the shift from “finance + technology” to “finance + AI” in the industry.
- “Phoenix” offers tailored strategies, margin trading, and short selling.
- Leverages AI and machine learning for precise forecasts and improved investment decisions.
- Rust programming language ensures system stability and efficiency.
- Database designed for rapid data extraction and aggregation.
- Independent calculation logic and benchmarks ensure fair AI algorithm assessment.
- “Phoenix” paves the way for AI-driven financial products and revenue growth.
Main AI News:
Lion Group Holding Ltd., a trailblazer in the realm of comprehensive trading platforms offering an expansive array of products and services, has unveiled its groundbreaking intelligent trading algorithm service, aptly named “Phoenix.” This innovative offering is the culmination of Lion’s autonomous ingenuity and dedication to the advancement of AI technology. By leveraging cutting-edge algorithms powered by artificial intelligence, “Phoenix” ushers users into an unparalleled trading realm imbued with intellect.
This strategic move serves as a catalyst for the seamless fusion of AI technology and Lion’s diverse product portfolio, thereby erecting formidable technical barriers. With “Phoenix” at the helm, the enterprise’s core competitive edge is further sharpened, poised to fuel the ascension of Lion’s performance metrics. Mr. Chunning (Wilson) Wang, Lion’s visionary CEO, shared, “The financial landscape is undergoing a transformative shift, as artificial intelligence propels the evolution from ‘finance + technology’ to ‘finance + AI.’ As an AI-driven financial technology platform, Lion remains steadfast in its commitment to trailblazing the innovative frontiers of cutting-edge sciences. Our foray into the realm of intelligent trading algorithms with ‘Phoenix’ marks a pivotal milestone following the successful inception of our intelligent investment advisory counterpart, ‘Lion AI.’ Anticipating the ongoing AI wave, harnessing industry opportunities it unfurls, integrating AI across various operational facets, continually enriching product value, and pioneering new profit-generating engines are primed to steer our growth trajectory. We shall persist in our exploration of financial technology, AI ecosystem, Web3.0, and analogous domains to usher in upgrades across products and business models. A paramount endeavor entails swift, quality-infused, sustainable evolution of an AI-centric financial ecosystem, delivering a superlative customer experience and catalyzing meaningful shareholder growth.”
“Phoenix” stands as an all-encompassing intelligent trading service ecosystem, seamlessly melding intelligent trading, tailored strategy orchestration, and the realms of margin trading and short selling. Powered by AI and harnessed machine learning prowess, “Phoenix” navigates the complexity of swiftly diversifying data, yielding forecasts that are more precise and applicable than ever before. Noteworthy for its exceptional swiftness and astute intellect, “Phoenix” heightens the caliber of investment decisions and yield outcomes, while concurrently enriching the overall user trading journey. In devising “Phoenix,” Lion’s meticulous R&D unit masterfully employs multifaceted AI technologies. Crafting the system with the Rust programming language, the principles of “safety, concurrency, and utility” underscore its stability and efficiency. The database selection emphasizes rapid extraction and aggregation, purpose-built to uphold 250K-1M events per second, catered to algorithmic transaction data storage prerequisites. Anchoring on a foundation of robust research aptitude and prolific trading service experience, Lion’s R&D specialists independently architect calculation logic and benchmarks like TWAP and VWAP. This guarantees an equitable and unbiased assessment of AI algorithmic performance.
Viewed through a technical lens, “Phoenix” clinches a pioneering stance in AI technology innovation within the industry. This trailblazing offering pairs meticulous technological curation with AI algorithm optimization, positioning itself as a paradigmatic leap in the AI-financial product domain. Beyond technological prowess, “Phoenix” aspires to materialize as a pivotal revenue amplifier, furnishing significant business value for Lion’s enduring success.
Conclusion:
Lion’s launch of the “Phoenix” intelligent trading algorithm service marks a pivotal step in revolutionizing the financial market. By harnessing the potential of AI technology, Lion not only bolsters its competitive edge but also sets a new standard for AI-driven financial products. As the industry witnesses the fusion of AI and finance, Lion’s strategic move is poised to reshape market dynamics and drive innovation across the sector.
