Derwent Capital Markets
Encyclopedia
Derwent Capital Markets Ltd is an investment boutique that specialises in trading financial derivatives. The company was founded in 2008 by co-owner Paul Hawtin. Derwent Capital Market's registered office is in Mayfair
.
Derwent has announced that in February 2011, it will launch a hedge fund
using Twitter
for investment direction. An academic study by Johan Bollen (Indiana University
), Huina Mao (Indiana University
), and Xiao-Jun Zeng (University of Manchester
) established the connection between emotion-related words appearing in Twitter posts and subsequent movements in the Dow Jones Industrial Average
.
Mayfair
Mayfair is an area of central London, within the City of Westminster.-History:Mayfair is named after the annual fortnight-long May Fair that took place on the site that is Shepherd Market today...
.
Derwent has announced that in February 2011, it will launch a hedge fund
Hedge fund
A hedge fund is a private pool of capital actively managed by an investment adviser. Hedge funds are only open for investment to a limited number of accredited or qualified investors who meet criteria set by regulators. These investors can be institutions, such as pension funds, university...
using Twitter
Twitter
Twitter is an online social networking and microblogging service that enables its users to send and read text-based posts of up to 140 characters, informally known as "tweets".Twitter was created in March 2006 by Jack Dorsey and launched that July...
for investment direction. An academic study by Johan Bollen (Indiana University
Indiana University
Indiana University is a multi-campus public university system in the state of Indiana, United States. Indiana University has a combined student body of more than 100,000 students, including approximately 42,000 students enrolled at the Indiana University Bloomington campus and approximately 37,000...
), Huina Mao (Indiana University
Indiana University
Indiana University is a multi-campus public university system in the state of Indiana, United States. Indiana University has a combined student body of more than 100,000 students, including approximately 42,000 students enrolled at the Indiana University Bloomington campus and approximately 37,000...
), and Xiao-Jun Zeng (University of Manchester
University of Manchester
The University of Manchester is a public research university located in Manchester, United Kingdom. It is a "red brick" university and a member of the Russell Group of research-intensive British universities and the N8 Group...
) established the connection between emotion-related words appearing in Twitter posts and subsequent movements in the Dow Jones Industrial Average
Dow Jones Industrial Average
The Dow Jones Industrial Average , also called the Industrial Average, the Dow Jones, the Dow 30, or simply the Dow, is a stock market index, and one of several indices created by Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow...
.