Canada-Based Thomson Reuters Will Launch a Bitcoin data feed for Traders

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Today, the mass media and information giant Thomson Reuters announced it will launch a Bitcoin sentiment data feed for trading and risk management, according to a press release.

The filing explains that Thomson Reuters, with the help of MarketPsych Data LLC, has launched its new version of MarketPsych Indices (TRMI). MarketPsych is a world leader in quantitative behavioral economics. The canadian mass media and information company added more than 400 news and social media sites relating to cryptocurrency to to their feed.

The Global Head of Quant and Feeds at Thomson Reuters, Austin Burkett mentioned in a statement:

“News and social media are driving the investment and risk management process more than ever with the continuing rise of passive and quant-driven trading. As the financial marketplace rises in complexity, so too does the need to provide our clients with not only the relevant data, but the tools to help them manage and analyze that data.”

 

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