DraftFcb

Financial Services (105)

Trading finance intelligence with Twitter

Trading finance intelligence with Twitter

German economic scientists have set up an online platform called ‘TweetTrader’ that helps analyze stock and market information provided by tweets on Twitter. It aims at predicting market outcomes by using textual analysis filters and specific algorithms.

Why it matters

Market researchers are already relying on social media analysis tools to understand consumers better. Now the analysis of tweets is being  transferred to financial / information markets. Will the expertise of  some financial analysts become obsolete thanks to the wisdom of the crowd?

Connectivity
Germany
Instant Gratification
Financial Services
  • home_top_nav_list
  • home_top_nav_list
  • home_top_nav_list
  • left_menu_category
  • most_viewed

Related articles

Banking on your credit card for safe online shopping

MasterCard ‘Haal meer uit je card’ (get more from your card) is a portal for online shopping. Buying via the MasterCard portal at selected shops gives you a cash back on your account (about 2-4%).

Fear
Financial Services
Netherlands
 
Month-long mini loans

Wonga offers consumers instant, online loans for small amounts ranging between £50 and £200. Consumers choose exactly how much to borrow and must pay back the loan in under a month. If approved, the loan is transferred into the applicant’s account within one hour.

Significance
Financial Services
United Kingdom