To succeed in today’s stock market, one must have access to new information that can move the markets higher or lower. At the same time, getting such price sensitive information in time is also important to stay ahead of others. In the last 10-years, we have seen massive explosion in the amount of information that is available on the internet. However, the huge amount of information is making it increasingly difficult for traders and investors to find price sensitive news in time.
In this scenario, if you have a system to swiftly mine the big data and filter noise from information, then you can find and exploit opportunities. Previously, such intelligent systems were mainly available to large institutions and big investors. Read the rest of this entry »
Any rumor or news can break out from any source. As highlighted in our previous blog post, A Needle in the Digital Haystack, spotting opportunities from these new data sets is very valuable. A trading opportunity can come from any source at any time, which makes it necessary to track a huge number of sources but also filter out noise at the same time.
We are very pleased to announce that SunGard, one of the world’s leading software and technology service companies, has chosen to use Heckyl’s news and sentiment analysis services on their MarketMap terminal. The new content will be available to MarketMap users across North America, Asia and Europe.