UK Firms Cite Storage, Processing of Social Media Data as Barrier to Sentiment Trading

huh-cumberland-colt

Awareness of the link between stock price movement and public sentiment expressed on social media is growing among financial services firms operating in the UK, but technology concerns around storing and processing the high volumes of social media content are preventing widespread use of the data, according to a survey of financial professionals conducted by London-based network provider Colt.

According to the research, 63 percent of the 360 brokers, heads of trading desks, hedge funds and propr

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: