Boston, MA (PRWEB) July 31, 2015
FinTech Sandbox announced another strategic data partnership today with StockTwits, a leading provider of market data and information. StockTwits will provide the Sandbox’s FinTech startups with access to the largest real-time social network for investors and traders to contribute ideas on trading, sentiment, and breaking news, in real time. With over 70 thousand messages a day, StockTwits offers a global perspective to local trends in the market.
FinTech Sandbox is a nonprofit whose mission is to promote entrepreneurship and innovation globally in the financial technology sector. Unique among organizations supporting startups in the burgeoning global FinTech ecosystem, FinTech Sandbox facilitates free access to financial data and infrastructure to up-and-coming startups. The six-month program includes:
A robust set of data feeds and APIs from a wide array of data partners
Cloud hosting from industry-leading infrastructure partners
Membership in a vibrant, global FinTech community
StockTwits is providing up to six months of free access to data for FinTech Sandbox startups for development, testing, and customer demonstrations purposes. The free data includes:
StockTwits Firehose – The low latency, live feed of all messages posted to StockTwits, pushed chronologically into a single endpoint.
StockTwits API – A restful API providing limited or full call access to specific $TICKER stream content.
"Tens of millions of investors and market professionals rely on StockTwits to garner insights, gauge sentiment and collaborate based on the massive amount of relevant financial social data that we synthesize," stated StockTwits President, Justin Paterno. "Now it's time to see what innovations FinTech Sandbox residents can build for the benefit of the global financial community using our data."
FinTech Sandbox Executive Director Jean Donnelly noted, "Our FinTech startups are eager to create shared value with our data partners, and I'm confident that this trend will continue with StockTwits. In fact, one of our Beta residents, Quantopian, has been using the crowd-sourced stock sentiment provided by StockTwits data to build a publicly accessible trading algorithm."
About StockTwits Market Data
StockTwits is one of the largest social media platforms created for sharing ideas between investors, traders, and entrepreneurs. The company was inspired by co-founder Howard Lindzon’s aspiration to build a Twitter-like platform for stocks and markets, back in 2008. The idea gained steam, and a year later, in 2009, StockTwits was co-founded by Lindzon and Soren Macbeth. The company created the $TICKER tag to enable and organize "streams" of information around stocks and markets across the web and social media. These streams provide new forms of insight, ideas and information that are used by investors, analysts, media and others as they research stocks and manage their investments.
For more information, visit: http://www.stocktwits.com
About FinTech Sandbox
FinTech Sandbox is a Boston-based nonprofit founded to promote financial technology innovation globally by providing free-access to critical data and resources to FinTech entrepreneurs and startups. These resources consist of a robust set of data feeds and APIs, cloud hosting, and opportunities to collaborate within a vibrant FinTech community. Sponsors include Fidelity Investments, Devonshire Investors, Thomson Reuters, Silicon Valley Bank, Amazon Web Services, Intel, SIX Financial Information, Goodwin Procter, .406 Ventures and Barchart.
For more information, visit http://www.fintechsandbox.org
Head of Business Development