A spread betting platform with unique social media twitter sentiment analysis technology
The global financial crash in 2008 led Paul Hawtin, the founder of online trading platform DCM Capital, to conclude that financial markets are driven by greed and fear. That thought in turn led the business to come up with the idea for the brilliant technology that measures the mood surrounding a certain company or currency on Twitter.
The social media sentiment analysis app is the first technology of its kind in the world. Having tracked the sentiment, it is measured on a scale from 0-100 with 0 being the most negative. The technology enables investors to make informed decisions on the platform, based on the public's perception of the company or currency (as expressed on Twitter). Certain academics have concluded that there is a correlation between stock prices and sentiment derived from social media, so investors would do well to keep an eye on this.
The DCM Capital online trading platform allows clients to trade over 7,000 different stocks, currencies and commodities from all over the world. In the last year the business has garnered plenty of media buzz, and came in the top 10 for the Squaremile 30 under 30 London Talent.