CMC Markets’ Australian division has launched a proprietary AI engine called CMC Intelligence in partnership with Telescope AI, the broker announced Tuesday. The platform delivers insights across stocks, ETFs, and cryptocurrencies in Australia, the US, Singapore, New Zealand, and the UK. The move follows internal data showing 23 percent of CMC Invest clients now use AI for investing decisions, nearly double the 12 percent recorded six months ago.

Unlike recent AI integrations from competitors like IG, ThinkMarkets, and Robinhood that rely on third-party connections to ChatGPT or Claude, CMC has opted for a native solution. The engine synthesizes verified market data, corporate filings, regulatory disclosures, and news sources to help investors navigate volatile markets without switching platforms. Ryan O’Doherty, Head of Product for CMC Invest APAC, emphasized the tool addresses fragmented information challenges in fast-moving markets by transforming complex analysis into actionable insights.

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Brokers racing to integrate AI risk client migration if they don’t offer native solutions, as nearly one-quarter of retail investors now expect embedded intelligence tools within their trading platforms.

Source: Finance Magnates