Trading - tool provider , Trade Ideas , has launched Holly , an AI - based robo - advisor with an active strategy . The Holly engine scans the previous day’s market data and first applies 40 to 60 base strategies to the universe of stocks. Unlike many existing robo - advisors , which offer passive trading strategies , Holly aims to identify and exploit trading opportunities for investors . The engine analyses the previous day ’s market data , applying 40 - 50 base strategies to its universe of stocks before back - testing the best ideas . Its output is intended to be applied to a fraction of a portfolio where investors are looking for outside returns , according to David Aferiat , the firm 's co - founder .
Trading - tool provider , Trade Ideas , has launched Holly , an AI - based robo - advisor with an active strategy . Unlike many existing robo - advisors , which offer passive trading strategies , Holly aims to identify and exploit trading opportunities for investors . The engine analyses the previous day ’s market data , applying 40 - 50 base strategies to its universe of stocks before back - testing the best ideas . Its output is intended to be applied to a fraction of a portfolio where investors are looking for outside returns , according to David Aferiat , the firm 's co - founder .