CMC Markets launches Advanced Pattern
Recognition Scanner for FX traders
Sydney, 24 August 2012 – CMC Markets, Australia’s number one CFD provider for active
traders, has launched a major upgrade to its charting package for foreign exchange traders
with the launch of the Advanced Pattern Recognition Scanner.
The pattern recognition technology automatically scans over 120 major instruments,
including AUD/USD, EUR/USD and USD/JPY every five minutes, to find new potential
technical trade set-ups across global markets.
CMC Markets said the feature was built in response to the growing technical sophistication
of FX traders, who require extensive and detailed charting software.
“The Advanced Pattern Recognition Scanner was implemented to give FX trader’s more
trading ideas, and the most advanced charting software on the market,” said Louis Cooper,
Head of CMC Markets Australia and New Zealand.
CMC Markets is the first CFD provider to fully integrate scanning technology into their
trading platform. Using patterns such as triangles, wedges and channels, the pattern
scanner updates every five minutes to alert FX traders to higher probability, pattern-based
trade signals.
CMC Markets are so confident in the scanning technology traders can now measure the
effectiveness of the specific patterns over recent history in their chosen time intervals. The
scanner will rate the pattern as High, Medium or Low success, or if it failed to reach the price
projection box after breakout.
The Advanced Pattern Recognition Scanner is part of CMC Market’s biggest upgrade to its
CFD platform, CMC Tracker, since it was launched in Australia last year. The result of nine
month’s work, the upgrade includes features never before seen in Australia including price
depth ladders and chart message boards.
“CMC Markets is the most innovative FX provider in the market and we’re always aiming to
improve our trading technology so our clients can be empowered to make sound trading
decisions in an evolving market,” Mr Cooper said.
CMC Markets offers FX traders access to over 300 currency pairs and some of the lowest
spreads from as little as 0.7 pts.
CMC Market’s Advanced Pattern Recognition Scanner is not just for currency trading, but
includes potential technical trade set-ups across all major asset types.
Visit www.cmcmarkets.com.au for more information.
Please contact Jane Keeley on 02 8221 2124 for further information or an interview.
Jane Keeley
PR Campaign Manager
CMC Markets Asia Pacific
02 8221 2124
0409 099 397
j.keeley@cmcmarkets.com
About CMC Markets
CMC Markets, a leading independent financial services provider, offers a range of investment
products and investment tools including shares, options, listed managed investments, warrants,
interest rate securities and Contracts for Difference (CFDs). Through our partnerships we can also
provide access to managed funds and margin lending execution. In 2007 CMC Markets launched its
broking service with the acquisition of Andrew West Stockbroking and CMC Markets Stockbroking is
now one of the only non-bank aligned, online stockbrokers in Australia.
CMC Markets is a pioneer of CFD trading in Australia and a world leading CFD provider. With offices
in London, Frankfurt, Madrid, Vienna, Sydney, Tokyo, Toronto, Beijing, Auckland, and Singapore,
CMC Markets represents clients in over 70 countries. The company was founded in 1989 and is
regulated by ASIC in Australia. CMC Markets Stockbroking is a participant of the ASX Group.