Episode 71: Social Data, Analytics and Trading

Waters Wavelength

Earlier this week, Waters’ sibling publication, Inside Data Management, hosted its annual North American Financial Information Summit (NAFIS). During the event, Stephen Morse, former head of global financial data partnerships at Twitter, spoke to the audience about how traders are mining data created through social media—and, specifically, through Twitter—to find a trading edge. After Anthony gives some information on how to vote in this year’s Waters Rankings, Stephen’s presentation will be played in full. See below for timestamps: (0:00-2:30) Info on the Waters Rankings (2:35) The start of Stephen’s presentation (4:00) A look at the trends driving alternative data adoption and the types of data that’s increasingly being used (6:40) A look specifically at social media data (7:15) Then a look at Trump’s tweets moving markets (8:30) Information that matters specifically for capital markets usage (10:45) Some examples of crowd-sourced estimates data (12:10) Some usage examples of sentiment analysis and volatility analysis (16:35) Examples of consumer conversation for product/brand movements (19:25) Examples of breaking news and event detection using Twitter (25:35) Quick Q&A