JERSEY CITY, N.J., Dec 7, 2010 /PRNewswire/ -- The Connors Group, a leading innovator in the development and distribution of financial market trading information, announced today the launch of The Machine Lite™, a new release of its comprehensive financial software solution, The Machine®. The Machine allows investors and advisors to build and actively manage customized, quantified investment portfolios using more than 36,000 pre-set and back-tested strategies.
The Machine Lite offers a streamlined version of the original software and is ideal for medium-sized accounts. It includes almost all of the ETF strategies and several of the high-performing stock strategies available in the original version. Users can at any time upgrade from The Machine Lite to access all of The Machine's more advanced strategies and options whenever they are ready to do so.
"The Machine is the industry's first software enabling individual investors to combine multiple ETF and equity trading methodologies into one portfolio. We're very excited to offer this powerful solution in a new, streamlined and easy-to-access Lite version," said Larry Connors, founder and CEO of The Connors Group. "The Machine Lite is a natural stepping stone toward the full version. Every strategy has been backtested, so users can immediately begin to build and trade their portfolios using quantified market data."
The Machine is designed for use by individual investors, investment advisors and asset managers. The Machine Lite is ideal for individuals who want access to institutional quality, quantified research delivered simply and concisely. By building portfolios of multiple strategies (equities, ETFs, long, short, mean reversion, and trend following), users can mitigate portfolio volatility and draw-downs to achieve consistency in any market environment.
To request more information or to speak with The Connors Group, please contact Dana Taormina at 973-732-3521 or [email protected].
About The Machine and Connors Group
The Machine by the Connors Group is the financial industry's only comprehensive solution for building quantified, high-performance, back-tested portfolios. The web-based software lets users build customized portfolios utilizing more than 36,000 pre-set strategies. Users gain all the benefits of active portfolio management while executing trades in just minutes a day.
Developed by the Connors Group, a leading innovator in the development and distribution of financial market trading information, The Machine is based on a proprietary database of over 10 million equity trades and market behavior. The Machine helps investors and money managers build portfolios that produce consistency in all markets. For more information about The Machine, please visit www.cg3.com.
SOURCE The Connors Group