Derwent Capital Markets

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Derwent Capital Markets
Ltd
Founded 2008, United Kingdom by Paul Hawtin
Headquarters Berkeley Square, London (Registered Office)
London (Head Office)
Key people
 Paul Hawtin - CEO and Founder
Products Derwent Absolute Return Fund aka "Twitter Hedge Fund"
Website [1]

Derwent Capital Markets is known as an early pioneer in the use of social media sentiment analysis to trade financial derivatives.[1] The company was founded in 2008 by co-owner Paul Hawtin. Derwent Capital Market's registered office is in London.

In February 2011 Derwent Capital Markets launched a hedge fund using Twitter for investment direction.[2] 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.[3]

In May 2013, Paul Hawtin, the Founder of Derwent Capital Markets launched Cayman Atlantic [2], an investment management firm that uses real-time social media data such as Twitter to find valuable trading opportunities.

References

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  2. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  3. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  • [3] Financial Times Article May 2012
  • [4] FT Article on the Twitter Fund
  • [5] Bloomberg Feature

External links

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