20 October 2017
visit www.response.ncr.com

Nyse Technologies turns on social media hosepipe

14 February 2013  |  6761 views  |  0 Stock exchange screen

Nyse Technologies is to start distributing social media sentiment statistics from vendor SMA through its SFTI Network and SuperFeed market data service.

From this quarter Nyse Technologies will be the exclusive reseller of the SMA (Social Market Analytics) patent-pending Sentiment Signature Feed social media monitoring engine.

Nyse Technologies' subscribing customers will be able to access data from SMA's engine, which extracts, evaluates and calculates data in real-time. It uses this to attempt to generate directional and volatility indications on individual stocks, ETFs, sectors, and indices by measuring the level and quality of social media interactions.

The engine seeks to create a "social media signature", consisting of seven statistical indicators: S-Score, S-Mean, S-Delta, S-Volatility, S-Buzz, and S-Dispersion, which may allow customers to track relative sentiment, in addition to volume, change, and dispersion of commentary.

Tom Watson, VP, global market data, Nyse Technologies, says: "We believe this will change the way the financial sector thinks about social media. For the first time, trading firms, brokers, asset managers, and non-financials in every sector will have a measurable way to track the sentiment of the social media stream of consciousness."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Twitter chatter influences stock prices - survey

Twitter chatter influences stock prices - survey

13 February 2013  |  11971 views  |  1 comments | 16 tweets | 8 linkedin
DCM Capital auctions itself on line - starting bid £1

DCM Capital auctions itself on line - starting bid £1

04 February 2013  |  6012 views  |  0 comments | 4 tweets
Twitter sentiment-based trading platform set for launch

Twitter sentiment-based trading platform set for launch

11 January 2013  |  8030 views  |  0 comments | 12 tweets | 1 linkedin
I Robot: Thomson Reuters adds psych analysis to machine-readable news

I Robot: Thomson Reuters adds psych analysis to machine-readable news

25 June 2012  |  10100 views  |  0 comments
Bloomberg taps consumer sentiment for equity analytics

Bloomberg taps consumer sentiment for equity analytics

31 August 2011  |  16604 views  |  0 comments
WallStreetBirds taps Twitter data for stock tips

WallStreetBirds taps Twitter data for stock tips

08 August 2011  |  8815 views  |  2 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.capgemini.com visit www.niceactimize.com

Top innovation topics

Most viewed Most shared
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
8501 views comments | 21 tweets | 26 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
7040 views comments | 10 tweets | 22 linkedin
hands typing furiouslyApplying some intelligence to Artificial I...
5489 views 0 | 2 tweets | 5 linkedin
Fidelity exploits virtual reality for 'empathy training'Fidelity exploits virtual reality for 'emp...
5302 views comments | 7 tweets | 11 linkedin

Featured job

to £70K base, £105K ote, benefits
London, UK

Find your next job