Market EarlyBird has introduced a native mobile client for EarlyBird Safe, Smart Twitter for Finance, a read-only, anonymised service that provides Tweet search and filtering capabilities enabling users to find financial Tweets that others miss.
The initial desktop Earlybird service is being used by banks and buy-side firms to enable traders, researchers and portfolio managers to quickly identify trading opportunities, protect their financial assets and gain a rapid understanding of what’s causing markets to move before the news hits the wires and filters down to competitors. To meet compliance requirements, EarlyBird records, logs and timestamps Tweets as they are displayed. These can then be used in MiFID II trade reconstructions.
The mobile version of EarlyBird provides access to the same secure, user-configurable search and curation tools on Android and iOS devices. It also offers synchronisation between mobile and desktop so following a new Twitter Account in the mobile app will add that account to followed accounts in the user’s desktop dashboard.
Market EarlyBird CEO Danny Watkins says: “More than 90% of our users run EarlyBird on their desktop, but increasing numbers of traders using smartphones to conduct foreign exchange deals and significant demand from our customers, particularly some of the buy-side firms, have led to the mobile client. Now users have access to their favourite features on EarlyBird wherever they are and with no compromise on any of the compliance and privacy features.”
EarlyBird is principally used on trading floor screens either as a Symphony integrated partner app, as a rich desktop program running in a secure OpenFin window, or simply in a web browser. Users can follow any Twitter accounts, or harness EarlyBird’s AI-assisted intelligent financial searches to uncover breaking news across equities, foreign exchange and global macro events. With Tweeting and messaging completely blocked by EarlyBird, compliance issues that have held Twitter back in finance have been solved.