Intercontinental Exchange, Inc., a leading global provider of technology and data, announced the launch of Reddit Signals and Sentiment, a suite of data and analytical tools that transforms millions of Reddit conversations into structured, actionable market signals for investors.

Conversations on platforms like Reddit can provide unique insights on markets and investing, but often take time to reach institutional investors, who then need to evaluate the value of that information and integrate it into investment decision-making processes. By analyzing anonymized and aggregated trends from the real-time Reddit data stream, and applying AI and ICE’s sophisticated data science expertise, the new Reddit Signals and Sentiment service is designed to significantly reduce the time it takes for social signals to surface and be integrated into trading strategies.

“The Reddit community produces a massive amount of complex, unstructured, but often very insightful, information across millions of active user conversations,” said Chris Edmonds, President of ICE’s Fixed Income and Data Services. “By bringing our vast experience working with large, complex datasets, we’re able to quickly identify useful market signals, connect them to companies and securities in our entity database, and compress the information cycle to help investors find new alpha-generating opportunities and manage risk.”

Reddit Signals and Sentiment is available over ICE’s data platforms, including the ICE Consolidated Feed. It offers real-time and historical sentiment scores, and a daily graph showing which companies, products or entities are trending and being discussed together. These signals are derived from anonymized public data, ensuring no individual user tracking or profiling. The Reddit Signals and Sentiment service leverages ICE’s extensive entity identification and reference databases to seamlessly connect market signals to specific securities or companies, allowing customers to integrate it with existing ICE data offerings, including securities pricing, fundamental data and corporate actions.

This new service is part of ICE’s comprehensive and proprietary data offerings that can help enhance market insights, manage risks, and uncover investment opportunities.

For more information on Reddit Signals and Sentiment, please visit: https://ice.com/fixed-income-data-services/data-and-analytics/market-signals-and-sentiment.

Source: ICE