Patent Issued To NewsHedge.com For Distributing Structured Financial Data

PRESS RELEASE: November 22, 2015

NewsHedge.com, a Chicago-based startup developing new methods for delivering financial market information to professionals, announced today that it has been issued U.S. Patent No. 9,135,662. The patent, “Method And System For Communicating Financial News,” outlines methods pertaining to automated voice reporting, structuring customized news headlines, and graphically representing financial news on a user device.

“It’s no secret that structured data is the future of Wall Street, and making decisions quickly is key,” said Kevin Evenhouse, NewsHedge founder and CEO. “Our methods deliver structured data in the formats its been proven human beings react to fastest—visually and audibly.”

After extensive research and development, the NewsHedge team is excited to formally introduce its new media solutions to the world. NewsHedge believes its technology will soon become the standard used within many different types of financial applications. “Being awarded a patent is the ultimate validation for us,” said Evenhouse.

The recently issued patent, in general, covers three primary innovative methods:

Automated Voice Broadcasts: Using text-to-speech technologies, NewsHedge methods verbally reports breaking news, number releases, social trends, and notable trading events among thousands of other possibilities.

Customized Headlines: NewsHedge methods use a combination of data sources to automatically curate, populate, and form one simple, informative headline. (E.g., “XYZ Company Replaces CEO, Shares Active on News, Trending on Twitter” This sample depicts two additional sources of information: Original News Headline + Market Data + Social Data.)

Graphical News Data: NewsHedge methods visually represent news data as graphics. Data such as news type, source, ranking, sentiment, relevance, impact, novelty, and word count, among many other possibilities, are depicted using images or a combination of shapes, colors, numbers, and/or letters.

As financial data continues to grow and expand, NewsHedge’s patented methods will play a critical role in helping traders, buy-side analysts, and hedge fund managers discover and make sense of real-time information.

NewsHedge is constantly seeking, evaluating, and engaging in licensing, joint venture, and strategic alliance opportunities. To learn more about NewsHedge products and solutions, visit www.newshedge.com or e-mail sales@newshedge.com.

New Text-to-Speech Technology Delivers Market-Moving Information in Real Time

PRESS RELEASE: April 7, 2015

NewsHedge officially launches April 8th, 2015 at the Benzinga FinTech Awards in New York.

NewsHedge SaaS browser app, the first product from Chicago-based fintech firm, NewsHedge, gets pertinent financial market information to trading professionals more quickly, and in an easier-to-understand way, than ever before.

“We’re flat out challenging all the traditional media methods for distributing real-time market information,” said Kevin Evenhouse, founder and CEO. “NewsHedge not only delivers market information that’s notable and relevant in real time, but it does so audibly—the method of receiving information that human beings react to fastest. We’re not giving traders one more thing to look at. We’re giving them something to listen to.”

A solution that runs as an app in a user’s desktop browser—taking up minimal screen real estate—NewsHedge is a fully automatic market scanner that uncovers and verbally broadcasts notable trading action in real time by tracking 8,000+ stocks, options, sectors, top commodities, and exchange messages.

“We combine our proprietary smart-detection algorithms with text-to-speech technology to literally tell you what’s notable and market moving,” said Evenhouse. “It simply doesn’t get any faster than this. We’ve introduced the world’s first, patent-pending, automated stock market broadcasting service that delivers information in plain English.”

Drew Dormann, co-founder and CTO, sees the HTML5 front end as a critical part of the product’s reliability and speed. “We’ve combined AJAX with compressed page updates across the entire experience to squeeze seconds from every breaking announcement,” said Dormann. “Our back-end is entirely Modern C++ through the critical path, making everything blazing fast.”

But it’s not just speed that NewsHedge delivers; it also reduces the pain of staring at multiple charts, filtering numerous newswires, and scanning endless social media streams for market-moving information. Now, traders using applications from ThinkorSwim, Fidelity, or E*Trade have another source for being alerted to trading opportunities, as they arise. Additionally, risk managers benefit similarly by monitoring real-time risk. It’s quite possibly the easiest way to track important information happening within the US markets in real time.

For more information, or to schedule an interview with Kevin Evenhouse, please email kevin@newshedge.com. Free trials available at www.newshedge.com.

How NewsHedge verbally delivers trading information to you faster than CNBC.

We can all probably agree that our ever-connected global marketplace is becoming increasingly more difficult to monitor. Take incoming volatility risks for example. There are simply too many sources dispensing information to plug into and monitor all of them. The best we can do is plug into a few of them and hope the information we get is the information we need.

But what if there was another way? A more reliable way. And what if we told you the other way was found within the NewsHedge detection algorithms?

Well, that is what we’re telling you. So let’s walk through this illustration so we can show you, too.

For our example, let’s take intraday risks (also called incoming volatility risks) and break them up into two categories—headline risk and market risk. Here’s how we’ll define them.

Headline Risk (fundamental)

Headline risk is associated with any type of market-moving information being disseminated publicly through any available media channel. This could include things like analyst rating changes, oil supply numbers, unemployment releases, resignations, bombings, and rumors.

Market Risk (technical)

Market risk falls within the technical analysis category because market risk is purely related to the market mechanics of trading. Catalysts that can move an asset or move entire markets could be things like short squeezes, unusual volume, support/resistance breakouts, cascading stop orders, liquidity fluctuations, and exchange issues.

Using these definitions of headline risk and market risk, just stop and think for a minute about how many things are going on at one time every day. Maybe someone resigns and then a product is recalled. Perhaps there’s a mini-flash crash. Maybe trading curbs intervene or trading is halted all together. There’s no way someone could ever be expected to tune into and filter every single thing that’s happening. There’s hundreds of newswires. Thousands of websites. A sickening amount of social feeds. And then you’ve got television channels, too. Can’t forget to watch those. And don’t forget that you need to monitor all the possible risk scenarios happening within our lovely (and super, ridiculously hyper-active) electronic markets themselves.

But the problem is that no one can do that. No one and nothing can track that much information. And we’re not going to tell you that NewsHedge can do it either, because it can’t. But it can do something else that’s just as valuable.

NewsHedge detects unusual (or notable) trading behavior.

Whether it’s headline risk or market risk affecting an asset, we know for certain that one or all of the following will occur:

  •      A single asset will move in price.
  •      A single asset will move in price and that will create a ripple effect elsewhere.
  •      The entire market will move.

Since we know one of those things will happen, we also know that giving you that information as soon as it happens—within seconds of it happeningwill allow you to make decisions that can ultimately make or save you a ton of money.

NewsHedge is closely watching 6,000+ assets for unusual trading behavior and then we’re telling you, verbally, using text-to-speech technology that runs in your browser, at the earliest possible moment.

We’re finding over 40% of reported events have a catalyst of some sort behind it. NewsHedge allows you to stay tuned into what matters, as it’s happening. Hands down, it’s the fastest media broadcasting solution available.

To gain early access and find out if NewsHedge can help fulfill your market narratives, please submit your email address on our home page www.newshedge.com or contact sales@newshedge.com.

Introducing NewsHedge: Text-to-speech service for busy traders.

Everyone talks about how complex today’s financial markets are and how hard it is to track what matters. But that’s why you got into the game, right? Because you saw something that looked pretty complex and figured out a system that made it less complex? Perhaps your system even made it relatively simple—especially when compared to the other systems or trading strategies you’ve heard about and tried out. And now you’re happy and you’re making money and you’re ahead of the curve and things are good, right?

Fantastic.

But what if they could be better?

See, all of us in the financial industry are making decisions based on the same information. We’re watching newswires and social feeds and televisions shows, and then we’re making decisions to buy and sell based on what that information means to us. But what if we could get pertinent information faster and in a way that allowed us to process it more quickly?

That’s the whole idea behind NewsHedge.

NewsHedge is a fully automatic market scanner that uncovers and verbally broadcasts notable trading action in real time. It tracks 6,000+ stocks, sectors, top commodities, and volatilities— with a ton more reportables in the works. NewsHedge works by connecting our proprietary smart-detection algorithms with text-to-speech technology. The end result is an app that runs in your desktop browser, using minimal screen real estate, that literally tells you what’s notable and potentially market moving.

NewsHedge is changing the way financial professionals make decisions. To gain early access and see how NewsHedge can help fulfill your market narratives, submit your email address on our home page www.newshedge.com or contact sales@newshedge.com.