Derwent Capital Markets

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Derwent Capital Markets
Founded2008, United Kingdom by Paul Hawtin
HeadquartersBerkeley Square, London (Registered Office)
London (Head Office)
Key people
Paul Hawtin - CEO and Founder
ProductsDerwent Absolute Return Fund aka "Twitter Hedge Fund"

Derwent Capital Markets was a pioneer in the use of social media sentiment analysis to trade financial derivatives.[1] The company was founded in 2008 by co-owner Paul Hawtin. Derwent Capital Market's registered office is in London.

In February 2011 Derwent Capital Markets launched a hedge fund using Twitter for investment direction.[2] An academic study by Johan Bollen (Indiana University), Huina Mao (Indiana University), and Xiao-Jun Zeng (University of Manchester) established the connection between emotion-related words appearing in Twitter posts and subsequent movements in the Dow Jones Industrial Average.[3]

In May 2013, Paul Hawtin, the Founder of Derwent Capital Markets launched Cayman Atlantic [2], an investment management firm that uses real-time social media data such as Twitter to find valuable trading opportunities.

As of December 2017, the website no longer functions and the company has been struck off.


  1. ^ "Derwent Capital Markets".
  2. ^ Jordan, Jack (December 22, 2010). "The Hedge Fund Tracked Twitter to Predict Stock Moves". Retrieved 2010-12-29.
  3. ^ Johan Bollen; Huina Mao; Xiao-Jun Zeng (2010). "Twitter mood predicts the stock market". Journal of Computational Science. 2: 1–8. arXiv:1010.3003. doi:10.1016/j.jocs.2010.12.007.
  • [3] Financial Times Article May 2012
  • [4] FT Article on the Twitter Fund
  • [5] Bloomberg Feature

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