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Rita Figueiredo Antonio Marrazzo

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Rita Figueiredo, Antonio Marrazzo

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Lexfi turns macro and equity text into tradable signals inside OpenBB

July 16, 2026 — 9 MIN

Lexfi turns macro and equity text into tradable signals inside OpenBB

Lexfi is now available on the OpenBB App Marketplace. In this post, we walk through how Earnings Intelligence, Central‑Bank Insights, and Sentiment & Signals turn calls, press conferences, and news into daily indicators you can actually trade on, then show two real workflows running inside the OpenBB Workspace.


An equity analyst covering a sector reads dozens of earnings calls a quarter. A macro PM watches fifteen central banks on fifteen different calendars. A quant book wants both, joined to prices, going back a decade.

The information is there, but it arrives as prose, at speed, in language built to be parsed by hand.

Reading it all is slow. Comparing it is impossible. Off-the-shelf sentiment scores are too coarse to trade on, headline-driven news feeds miss the nuance that lives in the Q&A, and desks that build their own NLP end up with brittle pipelines that only cover one geography.

The job the user is trying to do, position around what management or a central bank actually said, before the market has fully digested it, never quite gets done at the breadth or the speed the desk needs.

Lexfi solves the extraction problem.

Lexfi processes earnings calls, central-bank press conferences, macro news, and social with proprietary language models, and hands back structured numeric indicators. The same schema for every company, every central bank, every quarter, every market. Once tone is a number on a date, you can join it to prices, backtest it, and trade against it.

Inside OpenBB, Lexfi’s indicators turn that prose into numbers the workspace can treat like any other time series. Analysts can build dashboards that start from structured management and macro signals rather than from a PDF and cross reference it with other data sources. On top of that, users can leverage AI agents to interrogate the underlying signals directly: asking why management tone deteriorated this quarter, which peers show the same pattern, or how a central bank's hawkish shift historically preceded moves in the curve. The agent doesn't have to read the transcript; it queries the indicator, pulls the context, and returns an answer grounded in the same numbers the dashboard is built on.

From calls and pressers to numbers you can trade on

Lexfi’s flagship products on OpenBB — Earnings Intelligence, Central-Bank Insights and Sentiment & Signals — sit on the same schema: standardised numeric indicators, point-in-time, refreshed daily. Every field is z-scored, so the same score means the same thing across companies, banks, and time. The signals are engineered to hold up under statistical scrutiny, not to sound good in a headline.

Earnings Intelligence covers >11,000 companies across 78 markets (96,612 scored calls), turning every quarterly call into 25 numeric indicators across five families:

  • Quality (management, earnings, risk, growth, overall composite)
  • Readability
  • Sentiment
  • Tone (uncertainty, confidence, litigious risk)
  • Topic emphasis (capex/buybacks, hiring/ESG)

The evidence it carries signal: a long-only book holding the top quintile of the quality composite beats a country-matched benchmark by +10.4% a year, net of cost, at a t-statistic of 3.36 across 18,148 calls, and 59 of 100 formal tests survive false-discovery-rate control.

Central-Bank Insights covers 15 G15 central banks (627 press conferences since 2011), scoring each event into 11 indicators:

  • hawkish-dovish index
  • monetary-policy uncertainty
  • inflation concerns
  • forward-guidance clarity
  • perceived growth
  • inflation
  • labor
  • financial stability
  • sentiment
  • geopolitical risk
  • labor-market tightness

Plus a categorical Hawkish/Neutral/Dovish label and two text fields (HIGHLIGHTS, CONCERNS). The hawkish-dovish index maps to roughly +1.1% of three-month forward equity return per standard-deviation move (~+94 bps per meeting), clearing multiple-testing control at q = 1.4e-5.

Sentiment & Signals fills the gap between scheduled events with the continuous flow of news, social, and market‑sentiment data. It includes:

  • daily news‑tone, per ticker and FX, with ±1.5σ extremes pre‑flagged
  • equity and crypto Fear & Greed with all seven components broken out
  • five macro‑uncertainty indices: Economic Policy, Monetary Policy, Financial Market, Trade, and Geopolitical Risk.
  • X bull/bear signals for a fast read on retail positioning
  • Lexfi’s proprietary AI FX Ratio across USD/EUR/GBP/JPY/CHF/AUD, the same signal that powers one of their published strategies, with +5.46% alpha versus USD buy‑and‑hold and near‑zero equity beta.

The concrete payoff for a user
On any earnings day, you can rank every scored company by the quality composite in seconds, see which names moved the most on management or forward-looking sentiment relative to their own history, cross-reference against how the relevant central bank's hawkish-dovish score shifted the same week, and check whether news-tone z-scores flagged any ticker or FX pair that broke ±1.5σ that day. That's a joined view across corporate language, macro language and daily sentiment flow — at daily cadence, across 78 markets — that no single alternative-data feed structures at this scale.

Lexfi Quant Signals inside the OpenBB Workspace

Inside the OpenBB Workspace, the Lexfi Quant Signals app appears as three tabs – Earnings Calls, Central Banks, and Sentiment & Signals – each with its own set of synced widgets.

The Earnings Calls tab (5 widgets) covers 24 featured large caps: pick a ticker to see its call history, an AI-written insights panel (summary, AI scores, sentiment, digital strategy, ESG), sentiment and score trends across quarters, and the verbatim transcript. Everything is synced by ticker, and clicking a call drills straight to that event.

The Central Banks tab (4 widgets) opens on nine featured banks (Fed, ECB, BoE, BoJ, BoC, RBA, SNB, RBI, BCB) with an AI policy briefing, a color coded scorecard (stance, sentiment, inflation concern, labor tightness, policy uncertainty, guidance clarity), an economic assessment chart, and the full transcript with a link to the source video.

The Sentiment and Signals tab (11 widgets) opens with a KPI snapshot and a CNN Fear and Greed gauge. Then trends news tone for stocks and FX with z-score panels that flag statistical extremes, macro uncertainty indices, a net AI FX ratio per currency, X trading signals, and social and macro narrative pulses from X and Reddit. Every AI summary cites the exact transcript widget, so users can verify a claim against the raw text in one glance.

Because the AI agents connected to the OpenBB Workspace can read every table, chart, and dashboard as context, the app is AI-ready out of the box. You can ask "Summarize the latest NVDA call and flag the biggest risk," "Is the Fed more hawkish or dovish than last time?," or "Which tickers have the strongest bullish X signals right now?" and get a verifiable answer in seconds.

Lexfi API key
The app is free to use from the moment you connect it. An API key unlocks the full universe of data:

Free (no key) With X-Lexfi-Api-Key
Tickers 24 featured (dropdown) Any global listed company ("Any ticker" field)
Central Banks 9 featured (dropdown) Any bank ("Any bank" field, e.g. BoK → 48 rows)
Sentiment History 90 days (news/FX: YTD) 365 days (news/FX: full trailing year)

To add a key, set the custom header X-Lexfi-Api-Key in OpenBB's connection settings.

Use cases

FOMC workflow

On FOMC day, a macro and rates analyst opens Lexfi Quant Signals, sets the Central Banks tab to the Fed, and within minutes sees whether the hawkish drift is real and how the market is digesting it. The AI Policy Briefing gives the latest stance, the trend versus prior meetings, and the flagged concerns.

The Economic Assessment chart plots the Hawkish-Dovish Index across recent conferences; one dropdown overlays Inflation Concern to see if it is climbing, then Labor Market Tightness to check the jobs-market language. The Scorecard lines up every meeting side by side, and the Press Conference Transcript confirms the read in the Chair's own words, with a link to the source video.

A flip to the Sentiment and Signals tab shows the fallout: the AI FX Ratio for USD, monetary-policy and financial-market Uncertainty indices, and the News Sentiment and social pulse from X and Reddit.

Asked to tie it together, the OpenBB Copilot returns a sourced, cross-asset read in minutes: the 12-month tone has actually turned more dovish, but the latest meeting is still hawkish, with inflation concern and the removed forward guidance confirmed in the transcript, and markets digesting it as "hawkish but not disorderly," with a modestly USD-supportive tilt and no uncertainty shock.

Earnings‑day workflow

The morning after a print, an equity analyst covering semiconductors opens Lexfi Quant Signals, sets the ticker to AMD, and within minutes sees whether the beat is soft under the hood or just caught in a weak tape.

The AI Insights panel gives a plain-English summary of the call plus AI scores for growth, earnings quality, management tone, and risk. The summary flags cautious data-center guidance and a softer management-tone score. Clicking the call row loads the verbatim Transcript beside it, so the analyst reads the hedged guidance in management's own words. The AI Scores trend below shows the past trend across quarters, confirming management and risk scores have drifted lower for two calls rather than a one-off.

A flip to the Sentiment and Signals tab frames the reaction: the Ticker News Sentiment net tone, the Fear and Greed regime, and the X trading signals leaning short on semis.

With a Lexfi API key connected, the same routine runs on any company that the analyst is handed.

Get started

Open the OpenBB Marketplace and connect Lexfi Quant Signals to start for free.

To unlock any company, any central bank, and full-year history, get a Lexfi API key at app.lexfi.ai and connect it inside the Workspace.

Overview

  • From calls and pressers to numbers you can trade on
  • Lexfi Quant Signals inside the OpenBB Workspace
  • Use cases
  • FOMC workflow
  • Earnings‑day workflow
  • Get started

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August 25, 2026

OpenBB belongs to everyone

Didier Lopes

Founder & CEO, OpenBB


TL;DR: We are open-sourcing the entire OpenBB product suite under a permissive open source license

Today is bittersweet.

On December 20, 2020, over the Christmas holidays, I wrote the first lines of Gamestonk Terminal, what would eventually become OpenBB. My flight home to visit my parents had been cancelled because of COVID, so I stayed in London and started building a tool to streamline my own investment research process.

At the time, the idea was simple: individuals (and firms) should be able to own their research platforms. They shouldn't have to adapt their workflows to whatever a data or software vendor decided to build. They should own the entire experience - from the data they connect to, to the interface analysts and PMs use every day, to the APIs, models, skills, tools and AI agents that increasingly form part of the investment process.

Over the last almost six years, OpenBB evolved far beyond anything I imagined when writing those first lines of code. We started as an open-source terminal and went on to build the SDK (now Open Data Platform), the OpenBB Bot, the OpenBB Workspace, the OpenBB Copilot, the Excel Add-in, and an ecosystem of applications created by our team, our partners and the community.

We kept innovating and being at the forefront of what user experience should be. I was prepared to die on the hill that if we were to become the financial infrastructure software for the buy-side and sell-side, then we could not monetize data. Monetizing data would have made us a data vendor. The margins would have been higher, but the incentive would have shifted from offering a better UI/UX to selling more datasets. Selling an infrastructure platform is incredibly challenging, for many reasons. And so we died on that hill. Along the way, we built an incredible community, reached millions of people through our open-source project, worked with some of the largest financial institutions in the world and assembled a team that consistently built far beyond what should have been possible for a company of 10 people. There is a lot to be proud of.

But despite all of that, we couldn't find the product-market fit needed to build a sustainable business around this vision within the time we had.

As a founder, I've always bet the house on the next customer, the next feature or the next launch to change the trajectory of the company. Until even just last weeks, when we announced self-serve Workspace Lite. If we were ever going to close doors, then we never wanted to look back and think "what if".

In hindsight, we could obviously have made different decisions - e.g., surrounding data, or going more vertical with clients and their workflows. But short-term monetization was not something I was prioritizing over where I thought the industry was heading. Ultimately, I wanted us to stand for something.

In the last phase of the company, I explored many paths to give OpenBB a better home. We spoke with larger companies that shared parts of our vision and tried to find a home where the products, and ideally the team behind them, could continue to grow. Ultimately, we weren't able to make that happen.

I left London with my wife to build OpenBB and dedicated almost six years of my life to it. So did the team. We built at the intersection of finance, AI, open source and software infrastructure, often working on problems before they became obvious to the broader market.

Before MCP existed, we had created our own API protocol so agents could interact with the data and analytics widgets in the workspace. In 2023, we built askobb, which let anyone ask investment research questions in natural language that required joining multiple different datasets together.

What this team created deserves to continue existing.

More importantly, I still believe the original vision is inevitable. The future of financial software is not a single platform every firm is forced to use. It is thousands of firms building environments that reflect how they actually work - their own data, internal systems, investment processes, risk models and compliance requirements. Increasingly, their own APIs, MCP servers, models and AI agents too.

If that future is coming, then the technology we built shouldn't disappear simply because we weren't able to commercialize it successfully.

It should become available to everyone.

Today, with the support of the team and OSS Capital, we are committing to releasing the entire OpenBB product suite under a permissive license. This includes OpenBB Workspace, Open Data Platform, OpenBB Copilot and the OpenBB Excel Add-in.

These products represent over 5 years of engineering, millions of dollars invested in R&D and thousands of decisions, experiments and iterations with users. They will become a foundation that individuals, startups, data providers and financial institutions can freely use, modify and build on top of.

We will share more details about the order and timing of each release as we complete that work. In parallel, we will determine the right long-term structure to steward the projects, support contributors and preserve what made OpenBB special in the first place. Existing customers and users of the hosted products will hear from us directly about timelines.

For the partners who built applications for the OpenBB ecosystem, I hope this decision makes your products even more valuable. You already did the work of turning your datasets and analytics into applications that users can interact with. Now, those applications will be able to run inside infrastructure that firms can fully own, extend and customize, while combining them with data and tools from other providers across the ecosystem.

The same applies to the broader community. Developers will be able to use the entire OpenBB stack as a starting point rather than rebuilding the same infrastructure from scratch. Firms will be able to deploy it, adapt it to their requirements and connect it to the systems where their differentiated knowledge already lives.

Over the years, many talented people helped make OpenBB what it is today - employees, contributors, partners. Every one of them left a mark on the product.

But I want to recognize the people who carried OpenBB to the very end. Through the uncertainty and the final stretch, they kept building. They are engineers, product builders, designers and operators who have worked across financial data, AI, developer infrastructure and open source. In alphabetical order, they are:

  • Andrew Kenreich, Head of Product Engineering - LinkedIn
  • Darren Lee, Software Engineer - GitHub, LinkedIn
  • Ihsan Saracgil, CPO - LinkedIn
  • José Donato, Software Engineer - LinkedIn, X, GitHub, Website
  • Juan Alfonso, Software Engineer - GitHub, LinkedIn
  • Minh Hoang, Head of Product - LinkedIn, GitHub
  • Ogonna Nnamani, DevOps - LinkedIn, Medium
  • Rita Figueiredo, Head of Marketing - LinkedIn, Website
  • Rita Soares, Head of Design - LinkedIn, Website
  • Theodore Aptekarev, CTO - LinkedIn, GitHub

To our customers: thank you for trusting a small team with such an ambitious vision.

To our partners: thank you for building alongside us and helping create a more open financial data ecosystem. I hope the next chapter gives you even more freedom to serve your users.

To our investors: thank you for believing in us, including when OpenBB was little more than an idea being built from my living room in London. In particular, I want to thank OSS Capital and Joseph Jacks for supporting this decision and enabling the technology to live beyond the company. Two people I want to name separately: Justin Hoffman and Larry Augustin - working with both of you made me a better founder, but more importantly, a better person.

To every contributor who opened a pull request, reported a bug, wrote documentation, answered a question in Discord, built an integration or simply told someone else about OpenBB: thank you. OpenBB would not have been possible without you.

Finally, to every person who spent part of their career building OpenBB: thank you. We pushed the industry forward and proved that world-class financial infrastructure can be built in the open. The commercial outcome doesn't change the quality of the work.

OpenBB didn't become the company I imagined when I started this journey. But the mission was always larger than the company, and I still believe the ideas behind it are right.

If, ten years from now, firms around the world are using OpenBB as the foundation for software they truly own - connecting their own data, building their own workflows and deploying their own AI agents - then what we built will have achieved something that lasts far beyond us; which was my goal all along: have an impact.

Thank you for one hell of a ride.

Didier Lopes
(LinkedIn, X, GitHub)