BUSINESS WIRE – New York – Tradebird, the new social app for traders and the voice of the markets, announced the launch of a new feature, Spots, that is leading a transition in how traders and investors consume news. Spots is the first Snapchat-like format for financial and market news.

The attention span of mobile users is decreasing quickly which results in less time spent reading longer articles and a strong preference for short-format media. The popularity of apps like Snapchat, which is video-oriented and short-format, have changed the way consumers communicate and even get news. But financial markets news has remained stagnant. The new Tradebird feature fills this void by choosing the most interesting and important content of the day, summarizing it and adding visual elements so the user can get the whole picture in less than a minute.

“Traders need to cut through the noise and access the highest quality information that is moving markets. Spots achieves this mission and is the first short-format news for traders,” says Ivan Ashminov, CEO and founder of Tradebird. “Each Spot, which will feature short text coupled with either video or animation, will appear at the top of Tradebird users’ feeds and will expire after 24 hours. This will allow traders to digest the most up-to-the-minute information quickly and efficiently, pointing them toward key daily market influences and potential trading opportunities.”

Using the two key pillars of curation and visual engagement, Tradebird is creating a bridge between digital native traders and the complex world of finance. In dynamic markets full of uncertainty and bias, Spots is designed for traders and investors that want to know what’s going on in an entertaining and efficient style.

Tradebird is a new social platform for traders, started by the founders of Trading 212, Europe’s leading mobile trading platform. The app can be downloaded on iOS, Android or viewed on a desktop here. A customizable Tradebird widget is now available here.

ABOUT TRADEBIRD

Tradebird is the world’s new social platform with real-time news, ideas and opinions for traders. A place where you can quickly find actionable information on the currencies, stocks, commodities and topics of your choice – all in the coolest new app for traders. The #hashtags and $cashtags in your personalized stream let you quickly see the buzz around your stocks and gauge the impact of unfolding economic events. A social app to provide up to the minute access to market events and perspectives, from real traders. Focused purely on the global markets, it provides critical information at the crucial moment, empowering you to make better financial decisions. Follow @tradebirdapp on Twitter and sign up here for the Tradebird app.Busine