Social Media is now commonplace in investing circles and with retail traders accounting for roughly 20% of the daily market volume, the search for information has evolved and many platforms have now become virtual trading groups and forums used for swapping trade ideas and hyping stocks.
As market narratives go, COVID-19 is huge. It is, in effect, a metanarrative that provides an overarching context for events across asset classes and sectors. We’re all thematic investors now, whether we like it or not.
With the dust settling on the most unpredictable US election in generations, it feels good to take a breath and look at what the outcome means for the US and the world. One way the US dictates global policy is energy, and I’ve been thinking about what a Joe Biden presidency will mean for the sector. There are big differences between what Trump has done and what Biden plans to do. But intriguingly, there are more similarities than you might expect.
In November 2018, Dominic Raab resigned as Brexit Secretary. But this wasn't your run-of-the-mill resignation. There was no discreet briefing as the minister headed into Number 10. Instead, he bashed out a quick tweet, with a photo of his resignation letter. Raab’s guerilla tactics encapsulate the reality of politics in the Internet era. You only have to look at the prominent role that Twitter is playing in the upcoming US election to see that social media has changed the rules of engagement irrevocably. The degree to which it is impacting the political landscape is truly astounding. Those who downplay the impact of social media on politics – and indeed the wider economic and social context in which we live – do so at their peril. In order to operate effectively in volatile conditions, finance professionals need to understand the significance of social media and the pivotal role it plays in political life.
Country specific news on Covid-19 progress and financial impact is often available from local sources in the local language much faster than global news sources. Symphony users can now track multi-language news displaying pre-translated directly in Symphony shared chat rooms.
EarlyBird releases enhanced translation features for Twitter accounts and financial smarttrack Twitter searches
As Coronavirus takes hold, never before have markets moved so quickly across all sectors. EarlyBird releases new Covid19 financial SmartTracks for countries, commodities and financial sectors to track emerging news on Twitter ahead of traditional news sources.
Once again Market EarlyBird has won another major industry award. At an awards ceremony held in London on February 27th 2019, Danny Watkins collected the TradingTech Insight Europe Award for Best Alternative Market Data Provider.
When Novartis announced their future acquisition of Endocyte in the early hours of October 18th, EarlyBird beat the major news sources by more than 20 minutes, and identified the Twitter posts about the acquisition as "Hot Tweets". Both Novartis and Endocyte stocks jumped when the markets opened later that morning.
With Finsemble, independent best-of-breed financial apps like EarlyBird can easily be integrated to improve end users' workflow and make sifting through data faster and easier. With the number of apps available within the Finsemble Ecosystem, trading firms can choose exactly which type of market data, news, social media, charting, messaging, trading, pricing, blotter, and other apps they want to integrate.
Rather than being restricted to the corporate Blackberry, you were able to get the office email on your own iPhone, in exchange for having the corporate monitoring software installed, and some of the most egregious compliance risk apps, like WhatsApp and Snapchat, deleted. But this might not be sustainable. This article explores the issue.
EarlyBird has introduced “shared folders”. These are just like ordinary EarlyBird folders which can contain a combination of Twitter accounts, saved searches and “SmartTracks”. The difference is that they are shared either between members of a team or everyone using EarlyBird.
Comment by influential individuals on Twitter can move markets, as this tweet by Kylie Jenner demonstrates
EarlyBird has introduced Volume Alerts to show when the quality-weighted volume of tweets is higher than normal. These appear alongside your selected folders and draw your attention to what’s moving in the Markets that you’re tracking. Simple and very effective.
We examine whether merger and acquisition pitches over Twitter could take off following Carl's Jr.’s recent Twitter pitch to Amazon.
With the German election on 24 Sept, financial professionals will become increasingly interested in any data about how the vote might go. This week’s TOTW gives insight into what the different victory scenarios might bring.
This week's TOTW comes from investor Jeroen Blokland and links to his recent blog post about the Jackson Hole conference.
The week's Tweet of the Week is from former White House Chief Economist and Economic Advisor, Jared Bernstein (@econjared).
By blocking Twitter at the firewall, and not providing a managed alternative, banks are pushing Twitter "under the table" on trading floors while managers turn a blind eye to its use on mobiles. Should the recent huge fines at BNP Paribas be a wake up call?
You can follow anyone on Twitter with EarlyBird, but if you’re looking for ideas and suggestions then the Who’s Who page is the perfect place to start.
If your traders and analysts have access to Twitter and are using it for news sources, to identify trading opportunities or inform their trading decisions, then it’s important this information is captured for MiFID II compliance.
Before the UK votes, we offer our list of key Twitter accounts to follow for everything UK election news, commentary, discussion and voting intention.
Use our latest SmartTracks to track market-moving opinion, news and commentary about the UK General Election on Twitter.
If you’re an EarlyBird admin, our latest enterprise search management tool makes seeing and managing what your teams are following on Twitter easy.
EarlyBird is capturing all the candidates, pollsters, analysts and opinion formers in a set of new SmartTracks covering the four elections and the Brexit negotiations.
With vital market and financial news filling up every square inch of trading screens, we know screen space can be a problem. Don't worry, EarlyBird's got it covered!
Next month, Market EarlyBird’s CEO, Danny Watkins will take to the stage at Finovate Europe to showcase EarlyBird's myriad benefits to finance professionals looking for fast, compliance-friendly access to financial news on Twitter.
Add our new $TRUMP SmartTrack to your EarlyBird dashboard, so you can start tracking Trump's first days in office.
Since the announcement of Donald Trump’s election in the United States and the Twitter tirade created by his fired from the hip Tweets, major city banks and trading houses have rushed to install highly sophisticated banking-compliant Twitter monitoring services to gain an advantage over their competitors.
Still using TweetSentry? Learn how to update to EarlyBird to access our app anywhere and on any device.
One of the toughest things about getting financial value out of Twitter is spotting the important Tweets. Our new Activity Alerts feature identifies those Tweets that are getting a high level of interest across Twitter, and highlights them in your feed.
Twitter’s fast-moving time-based tweet stream was not designed for financial services, and traders given access to the Twitter website or even integrated solutions like Bloomberg typically get little value from it. The reason is simple. If they’re not watching Twitter all day they miss the good stuff.
When we built EarlyBird we worked with compliance teams to understand not only the explicit Financial Conduct Authority (FCA) regulations and their overseas equivalents, but also the unique risks of allowing direct Twitter access to traders and analysts.
Amongst all the “pointless babble” that appears on Twitter there is a rich source of information for the finance professional. But you need to do your homework to know where to look, and use the right tools to control the flow of information.
A new study conducted by The Pew Research Centre examines the social media habits of over 2000 Americans and the way which they receive their news. The proportion of users who say they follow breaking news on Twitter is nearing a remarkable 60%, the report suggesting that this is lending to the viewpoint that possibly Twitter’s greatest strength is providing “as it happens” coverage and commentary on live events.
Twitter is chirping with financial news and analysis, and yet a recent report showed Twitter lagging behind the other networks as an investment tool for the professional analyst or trader. The reason is pretty clear – they can’t have it. In a post LIBOR/FX rigging world where even mobile phones are banned from the trade floor, traders’ requests for Twitter, complete with its person-to-person, instant, unrecorded, encrypted communication channel are being met with a firm Nope from their compliance colleagues.