Titan Trading Analytics Incorporates MarketPsych Sentiment Data Into Behavioral Research
22 Febbraio 2011 - 4:40PM
Marketwired
Titan Trading Analytics Inc. (TSX VENTURE: TTA) (OTCBB: TITAF)
("Titan"), a hosted provider of behavioral research and trading
strategies, announced today that it has incorporated 12 years of
historical and intraday textual sentiment data from behavioral
finance pioneers MarketPsych LLC of Santa Monica, California.
The MarketPsych Data Feed provides intraday updates gathered
from earnings call transcripts, chat forums, and social media
sites. MarketPsych's innovative software engine aggregates
sentiment, topic and tone from millions of online conversations and
normalizes the data for quantitative research applications. The
feed currently includes ticker-specific data on over 6,000 U.S.
equities symbols updated on an hourly basis, and the historical
database includes over 12 years of textual sentiment data.
"Our models are designed to find "hidden footprints" around a
stock price," stated John Coulter, President & CEO of Titan.
"Recent studies indicate that Twitter buzz can predict the movement
of a stock prior to any official news being released by a company.
MarketPsych is able to collect and score emotional sentiment based
on a series of sophisticated behavioral algorithms. When we
back-tested the data stream with our own proprietary research
tools, we found a noticeable correlation in the probability of an
event occurring. The addition of MarketPsych Data will enable our
system to quickly pick-up unforeseen events and improve the quality
of our trade recommendations."
"As an add-on to traditional trading models, behavioral data is
the next frontier for traders seeking new rich sources of alpha.
Until recently there was no authoritative time series of
ticker-specific sentiment information from social media.
MarketPsych Data is that source," stated MarketPsych Managing
Director Richard Peterson.
About Titan
Titan Trading Analytics Inc. is a premier provider of Behavioral
Trading Research. Trade signals are distributed via a powerful
financial analysis and electronic trading software platform which
captures and analyzes real-time market tick data and identifies
trade opportunities based on numerous historical patterns,
identified by Titan's Trade Recommendation Engine™ (TRE). Titan's
flagship product,rading signals TickAnalyst™,to proprietary trading
firms and hedge funds via a cutting edge browser-based interface.
Titan Trading USA LLC is an asset management group which services
high net worth investors and is broker neutral. Titan's internally
developed products and services are at the forefront of the high
growth global investment management and automated trading
industry.
About MarketPsych
MarketPsych LLC is a leader in behavioral finance research and
consulting, integrating the competitive advantages derived from
behavioral economics into products and trainings for the worlds'
largest investment banks, investment funds and brokerages. Over the
past seven years the MarketPsych team developed proprietary text
analysis software that identifies and quantifies economically
predictive sentiments such as optimism and pessimism, tones such as
uncertainty and urgency, and topics such as management changes and
debt defaults from social media, blogs, financial news, and
executive interviews. After quantifying this information the data
feed distributes the raw data and graphical tools to analysts, fund
managers, and news services who want to understand the deep forces
that move markets. For more information on MarketPsych LLC please
visit www.marketpsychadvisor.com.
Forward Looking Statements
Except for historical information contained herein, the matters
set forth above may be forward-looking statements that involve
certain risks and uncertainties that could cause actual results to
differ from those in the forward-looking statements. Words such as
"anticipate," "believe," "estimate," "expect," "intend" and similar
expressions, as they relate to the Company or its management,
identify forward-looking statements. Such forward-looking
statements are based on the current beliefs of management, as well
as assumptions made by and information currently available to
management. Actual results could differ materially from those
contemplated by the forward-looking statements as a result of
certain factors such as the financial crisis in the US, consumer
spending, the amount of sales of the Company's products, the
competitive environment within the industry, the ability of the
Company to continue to expand its operations, the level of costs
incurred in connection with the Company's expansion efforts,
economic conditions in the industry and the financial strength of
the Company's clients. The Company does not undertake any
obligation to update such forward- looking statements. Investors
are also directed to consider all other risks and uncertainties.
Accordingly, readers should not place undue reliance on forward
looking statements.
Contacts: Articulate Communications Inc. Audra Tiner Partner
& Sr. Vice President 212-255-0080 ext. 34
atiner@articulatecomms.com MarketPsych LLC Richard Peterson
Managing Director 1-310-573-8523 rpeterson@marketpsych.com
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