Social Sandbox – Where Social Media Meets Market Data

In today’s information age, we often take for granted that breaking news from across the globe will be delivered to our doorstep in an instant. The evolution of the internet has replaced radio, television and print journalism as the primary information source. With social media we have come to expect and often rely on economic, political and market news to be colored by views and personal perspectives. This creates far reaching influence that has touched our personal and professional lives. A decade ago, I doubt anyone would have predicted that businesses the likes of LinkedIn, Facebook and Twitter would top the IPO market. Yet here we are.

With the chatter on Twitter, Facebook and other social media outlets reaching peak levels it makes you wonder just how strongly social media is proving to impact financial markets. OneMarketData has just released a product that allows market participants the opportunity to find out for themselves.

In conjunction with Datawatch and Social Market Analytics, OneMarketData presents the Social Sandbox a hosted solution to empower quants and traders to research and measure the value of social media sentiment against market activity. It can be used to discover correlations and patterns using a wide range of analytics against global equity data and social sentiment scores. The pre-built solution is powered by OneTick, the leading platform for time-series analytics and storage.

The Social Sandbox is the very first platform which integrates deep market history and analytics to measure the impact of social media. Such analysis requires the alignment and integration of exchange and reference data, in addition to the social sentiment indicators. The platform offers a set of sentiment studies including “Top Score by Social Sentiment,” “Sentiment to Market benchmarks,” (e.g. Open, Returns, etc.), a Portfolio Study and many others.

The advantages to improve your trading performance include:

  • Evaluate social media signals and determine a fit within your investment or trading strategy
  • Use studies to identify relationships between score characteristics and returns over custom time periods
  • Create custom indicator calculations such as beta, momentum, earnings growth, historical volatility, and average daily volume
  • Conduct discriminating Portfolio Performance and Valuation Analysis
  • Perform comprehensive Quant Research, Strategy Development and thorough back-testing through bull/bear and other market-impacting conditions all from the same OneTick platform

The Information Transformation

We are in the midst of a revolutionary change in global news dissemination and consumption through social media. One so subtle we can hardly see the change happening before our very eyes. The technology driving this is an ever evolving proposition, what we know today will be replaced with something new in the future – history tells us that. Social media, especially Twitter, transcends the old news agency reporting model. It renders artistic license to portray individual opinions, perspectives and commentary on events across the globe.  OneMarketData’s Social Sandbox provides the utility, convenience and in depth analytics to stay ahead of the curve to improve your investment performance.

Once again thanks for reading.
Louis Lovas

For an occasional opinion or commentary on technology in Capital Markets you can follow me on  twitter, here.

About Louis Lovas

Director of Solutions, OneMarketData, with over 20 years of experience in developing cutting edge solutions and a leading voice in technology and trends in the Capital Markets industry.
This entry was posted in Algorithmic Trading, Analytics, Big Data, Complex Event Processing, Equities, Foreign Exchange, Futures and Options, High Frequency Trading, OneMarketData, OneQuantData, OneTick, Tick database, Transaction Cost Analysis. Bookmark the permalink.

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