Jun 20, 2024

5 New Features Released in Nemo Update: June 2024

The latest Nemo app update, available in the App Store and on Google Play now, includes five new features designed to enhance your investment experience.  

Let’s have a look at what’s new!

Nemo app update – New features

1. News Analysis on Crypto

It’s no secret that investment in cryptocurrency has soared in recent years. Developments in this sector are moving at a rapid pace, and it can be difficult to keep up with it all.  

Well, not anymore!  

Now, you’ll find in-depth news analysis and insights on various cryptocurrencies loaded directly to the Nemo app. News snippets are categorised into positive and negative sentiment with a snappy summary to make it super simple to stay informed and find potential crypto investment opportunities.  

Screenshot of news analysis for crypto in the Nemo app.

2. Previous Close Price on Charts

Price charts are a helpful tool for investors to track the price performance of potential – or existing – investments. While Nemo price charts have always shown the price performance over set periods of time, from 1 day, to 1 month, and up to 5 years +, the 1-day chart now includes the close price for the previous day too.

This is often considered the most accurate reflection of the value at the end of the trading day. It’s used by analysts and investors as a benchmark for further analysis, as well as providing more context for better decision-making.  

Screenshot of previous close price shown on 1 day charts in Nemo app.

3. Enhanced Filtering for Top Losers/Gainers/Movers

Our Top Gainers, Biggest Losers, and Stocks On The Move are popular analysis nemes that highlight stocks experiencing rapid price movements. Within the neme, you’re able to select a timeframe to consider – being 1 day, 1 week, or 1 month.  

The inclusion of filtering options to limit results by market cap now allows a more targeted approach of comparison and consideration by being able to find the most relevant stocks more effectively.

Screenshot of enhanced filtering for Top Gainers stocks in Nemo app.

4. Transactions Tab

Your Nemo Boost account offers a selection of leveraged commodities, currencies, and indices. A new transactions tab gives a breakdown of past and pending orders related to the asset, and an overview of crucial investment values such as number of shares, profit and loss, as well as the average price paid.  

Screenshot of transactions for the Boost account in the Nemo app.

5. Free Margin Alert

Margin is the amount of available funds you need to keep in your Boost account to be able to invest in Boost products. A new free margin alert will let you know if your free margin drops below zero, helping you to manage your investments more efficiently and avoid potential issues.  

Screenshot of free margin alert for Boost account in Nemo app.

These new features are available in the latest update of the Nemo app, ready in both the App Store and Google Play Store.

For all the latest features, update your Nemo app.
Vee Tardrew

Vee Tardrew is an experienced copywriter with an extensive career in marketing within the fintech sector. She's passionate about investments, emerging technologies, and opportunities that can bring about positive change in the world. Prior to bringing her love for words to the Exinity team, Vee led content creation for a pioneering cryptocurrency investment firm for close on a decade. As a creative soul with a technical mind, Vee is adept at storytelling to simplify complex topics and won't pass up an opportunity for a tasty food analogy.