Can social media sites, like Twitter, be used to analyze financial markets for algorithmic trading? How much research has been done on this topic?
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Can social media be applied to algorithmic trading?
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There is a product called Wall Street Birds which can be used for trading. Still in invitation mode. Another sentiment based product is Piqqem
answered Feb 10 '12 at 13:00
Suminda Sirinath Salpitikorala
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36919
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A related idea is to text mine news and use it for predicting movements of stock market. See this NYTimes article for more information.
answered Nov 8 '11 at 17:54
Samik R
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Can social media be applied to algorithmic trading?
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Can social media sites, like Twitter, be used to analyze financial markets for algorithmic trading? How much research has been done on this topic?
asked Nov 3 '11 at 2:11
siamii
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244111
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There is a product called Wall Street Birds which can be used for trading. Still in invitation mode. Another sentiment based product is Piqqem
answered Feb 10 '12 at 13:00
Suminda Sirinath Salpitikorala
36919
36919
Wolframalpha and freebase also can be used for this purpose. Addendum to the above. Also see Google Refine. - Suminda Sirinath Salpitikorala Feb 10 '12 at 15:48
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