Skip to main content

Trust the Oracle of Twitter

You just can't keep a mild amusing idea of (at best) questionable value down.
  • Author:
  • Updated:

You just can't keep a mildly amusing idea of (at best) questionable value down.

Remember Derwent Capital Markets? The hedge fund that spent six months talking up its hedge fund that invested based on what people were saying on Twitter, launchedit and then shut it down a month later because the idea was just too good to waste on a hedge fund?

Well, it's back, with an online trading platform, a new-and-improved proprietary model which does not, like its old-fashioned hedge fund, limit itself to Twitter, but also allows Facebook users and other social media mavens to weigh in.

The platform, called DCM Dealer, will offer retail investors the ability to trade equities, foreign exchange and commodity contracts using a real-time sentiment tool based on data produced by Twitter Facebook and other social media channels. The tool will apply a sentiment rating of between 0 and 100 on each asset traded on the platform; 0 will represent a very negative attitude towards the instrument and 100 a very positive sentiment.

What's your sentiment on DCM Dealer?

Twitter trading platform set for launch [Financial News]
DCM Capital Starts Trading Venue Mining Twitter Sentiment [Bloomberg]
Twitter Hedge Fund Goes Silent [FINalternatives]


Twitter Is Systemically Important: Twitter Investor

The economy can't survive without the 140-character messaging system, says this guy.


Jack Dorsey Is Pricing Out The Dopest Deck Chairs For His Twitter Titanic

When Jack shouts "We can do it!" Reality shouts "No you can't!"

Twitter is Making Twitter Look Bad on Twitter

A publicly-traded platform for rumormongering is learning a very hard lesson about rumors at this moment.

(Getty Images)

FX Traders Prove Twitter Might Have A Purpose After All

Someone let Jack Dorsey know there's still a reason to live.

Everybody Wanted Twitter To Find A CEO, So Twitter Is Gonna Give Them Three CEOS

Why give Wall Street what it wants when you can give it what it doesn't even know it wants?