Monday, May 23, 2011

First Twitter-Based Hedge Fund Opens in London

Derwent Capital Markets, a London investment firm that has long been touting itself as the first social media-based hedge fund, has opened its doors.The £25 milllion ($40.5 milion) hedge fund is basing investments on an analysis of 10% of the 10 million tweets sent daily. The firm applies trading algorithms and sentiment analysis to those tweets be ..read more.. 

Posted via email from The Digital Dreamer

No comments:

Post a Comment