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Follow on Google News | Twitter trading platform - RNT AdvisoryRNT Advisory referring to the importance of social media in today's financial world comes the news that an online trading platform is being launched with intent to utilise the force of social media to drive investment and trading decisions.
By: RNT Advisory The person launching this platform is none other than the same man who was behind the first hedge fund to trade using Twitter data. The platform will offer investors the ability to trade equities, foreign exchange and commodity contracts based on data provided by both Twitter, Facebook and other social media channels. "It seems the power of social media is ever increasing. We are keeping a sharp eye on such developments and particularly for any sign of any cracks in the smooth running success it has so far encountered. We shall see what the future holds now that the data provided by such channels is progressing to online trading. This is a very interesting turn of events; something that began as a high school prank is now fast becoming one of the most powerful media tools in the world, and in a world like that anything could happen," said a representative from RNT Advisory. The platform is set to launch first in the UK but is expecting to expand into Europe, the US and Asia within a matter of weeks. "Today, social media creates a vast amount of information and it has been proven that the sentiment derived from it can predict stock market movements. For the very first time, we are connecting this information source to the trading community, opening up the universe of social media data so traders can make more informed buying and selling decisions." The CEO of DCM Capital (the company behind the launch) commented on the recent news. RNT Advisory is an advice group based in Austria. For further information on their research or services please go to http://www.rnt- Contact Info: Contact Person: Philip Gladwell Company Email: info@rnt-advisory.com Phone: +43 1364 90 22 Address: RNT Advisory, HohenZolle 5, 1010 Wien (Vienna), Austria Websites: http://www.rnt- End
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