Chasing Returns to test new product in FCA sandbox
By Tom BelgerRisk management platform Chasing Returns has announced that it will test a new product as part of the FCA regulatory sandbox
Section: Fintech
The Irish fintech company’s PlayMaker product will allow Chasing Returns to test how much it can help reduce the amount of money UK traders lose.
Chasing Returns is one of only two Irish companies to have been selected since the sandbox was launched in 2016.
Chasing Returns’ technology analyses performance history to help traders understand their individual psychological strengths and weaknesses and turn it to their advantage.
“PlayMaker promotes better trading discipline and money management,” said Ann Hunt, founder and CEO at Chasing Returns.
“It is aimed at helping traders in the new regulatory environment, where leverage is limited and appropriate risk levels are key to success.”
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