DCM Capital – A New Social Sentiment Based Broker

It didn’t take long, but social analysis sentiment tools are becoming one of the big trends in the trading world. We wrote last week about LiveSquawk, and in 2012 about DataMinr and Knowsis. Now, another firm is launching the first social analysis Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term. London based DCM Capital, a one-time hedge fund endeavor has pivoted to become a retail broker, and launched its operations today. Using its proprietary social analysis sentiment tool, DCM Capital has created a trading interface which assigns a sentiment score to each trading instrument from 0-100. The scores are used to track bullish/bearish sentiment among traders.

Unlike other services that are provided as third party solutions, DCM Capital has integrated its technology within an entirely new trading platform to leverage the sentiment analysis. The broker is FSA regulated and is led by Founder & CEO Paul Hawtin, formerly of Saxo Bank. The firm is backed by serial entrepreneur Mark Pearson.

DCM Capital operates as a partner of IG Group with its platform connected to IG through a FIX connection. As such, clients place trades on the DCM Capital trading platform with execution and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provided by IG Group.

When asked whether there are plans for the release of automated trading, whereby clients can enter preset strategies to buy or sell based on specific sentiment measures being achieved, a DCM Capital representative told Forex Magnates “We don’t have any plans to release any automated, sentiment based trading strategies. We are however considering releasing an API where institutions can build their own automated trading strategies from our real-time data.” As such, if the broker does become popular, it could lead to the creation of an app marketplace leveraging the sentiment analysis.