Market Prophit Implements Nasdaq Last Sale Real-Time Data on Its Social Media Stock Market Analytics Platform

Stocks and Financial Services Press Releases Thursday June 18, 2015 18:06
NEW YORK--(GLOBE NEWSWIRE)--June 18, 2015

Market Prophit (www.marketprophit.com) an industry-leading provider of real-time stock market sentiment analysis of social media conversations, has selected Nasdaq Last Sale real-time data to power its stock market analytics platform.

Market Prophit implemented the Nasdaq Last Sale real-time pricing feed for its platform analytics, based on accuracy as well as breadth and depth of market coverage. Nasdaq Last Sale includes price, share volume and time data for all U.S. exchange-listed securities.

"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," Mr. Gonta continued. "We aim to deliver that pulse to all investors and are excited to work with Nasdaq, a global leader and technology innovator in markets, indices, and data solutions."

Nasdaq Last Sale is used by some of the largest internet distribution channels, media portals and brokers in the world, allowing millions of people access to Nasdaq real-time validated data.

"With Nasdaq Last Sale's accurate intraday trade data, Market Prophit's clients will have the market transparency they need to better track the sentiment and correlation to real time performance of US listed equities," said Oliver Albers, Vice President, Nasdaq Global Information Services.

About Market Prophit:

Market Prophit is a financial big data analytics company delivering real-time, meaningful intelligence to investors through sophisticated natural language processing, predictive analytics, and powerful visualizations of sentiment and buzz derived from financial related conversations in the social media sphere. Market Prophit uses sophisticated algorithms to quantitatively rank and score financial pundit/blogger performance based on the accuracy of their stock market commentary and track record of predictions. Whether you are a self-directed retail investor, a day-trader, a hedge fund portfolio manager, a research analyst, or simply interested in getting the current crowd-sourced buzz on the market, Market Prophit does the number crunching for you so you don't have to. www.marketprophit.com

RELATED LINKS
http://www.marketprophit.com
http://business.nasdaq.com/
http://www.nasdaqomx.com/transactions/marketdata/u.s.products/nasdaqlastsalenls
CONTACT:
Pam Abrahamsson
Senior Vice President, Wave2Alliances
O: (866) 570-4441 ext. 2
C: 503.298.9749
E: Pam@wave2alliances.com
T: @Pam_A

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