Market Prophit, the provider of real time stock market sentiment analysis, is now going to be using Last Sale real time data from NASDAQ to power its stock market analytics platform. NASDAQ Last Sale includes price, share volume and time data information for all US exchange-listed securities.
Market Prophit is a financial big data analytics company delivering real-time intelligence to investors through sophisticated natural language processing, predictive analytics and powerful visualisations of sentiment and buzz derived from financial related conversations in social media. It uses sophisticated algorithms to quantitatively rank and score financial pundit and blogger performance based on the accuracy of their stock market commentary and track record of predictions.
Market Prophit is already being used by retail investors, day traders, hedge funds and research analysts.
“Because robust stock price data is critical to our user base and our proprietary Big Data analytics, we are incredibly pleased to work with such a world class provider of equities pricing and data,” said Igor Gonta, CEO of Market Prophit. “We believe sentiment can move markets and that it can be a guiding component to stock market direction. We aim to deliver that pulse to all investors.”
NASDAQ Last Sale is used by some of the largest internet distribution channels, media portals and brokers, allowing millions to access NASDAQ real time validated data.