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ETX Capital launches a US presidential election sentiment index!
The US presidential election promises to be a very controversial event. Due to the different financial ramifications linked to each candidate in view of the markets and electoral cycles that are highly emotional events largely controlled by the media, ETX Capital has launched an election sentiment indicator to help traders to better predict the final result of 8 November 2016 and to more quickly understand the dynamics of media opinion.
With lessons learned from the Brexit vote, unprepared markets may experience volatility spikes. The sentiment index has been designed to offer market participants a more transparent view which is based on big data, as opposed to traditional polling methods.
The US Election News Sentiment Index uses a number of advanced developments such as the ability to analyse a wide range of media coverage. The data is assembled using automatic natural language processing, which filters the information to better predict the outcome of the election. The US election confidence index also uses visual tools offered by Acuity Trading.
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