A leading provider of aggregated Big Financial Data, TipRanks interactive research tools will now be seamlessly integrated into Interactive Broker’s online trading platform. Traders will now be able to track the latest stock news sentiment and activity by the Street’s best analysts.
Using its proprietary NLP algorithms, TipRanks will “digest” the vast amounts of analyst research, news and commentary generated around the world and present it to Interactive Brokers traders in a simplified manner..
This new partnership will see TipRanks comprehensive financial analytics integrated into the Interactive Brokers platform, with a focus on ratings and price targets by ranked analysts as well as an analysis of the latest news sentiment. The tools will cover all equities listed in North America.
Traders can track the latest analyst ratings and price targets on any stock. The overall analyst consensus rating and average price target provide a quick summary of the Street’s position. Rolling over the analyst name reveals the analysts with the best success rate and average return.
The analyst price target displays the divergence of price targets on each stock. Traders can access TipRanks’ groundbreaking News Sentiment Score which calculates the bullish to bearish ratio of news on a stock over the previous week. For further insights, traders can monitor the specific articles that TipRanks’ algorithms have extracted from a pool of the most reliable news websites.
Already this year, TipRanks has realized several other major partnerships to bring its unique big data capabilities and award-winning Smart Portfolio to several other research platforms. This includes Nasdaq and, most recently, Santander Spain’s clientele following a two-year collaboration between TipRanks and the bank.
Uri Gruenbaum, CEO of TipRanks, commented: “I am very proud about our new partnership with Interactive Brokers, one of the strongest brands in the industry. Many of our retail investors use IB as their execution platform and the new partnership will make their life easier and make our tools available to many new investors”
“We are very excited about the partnership and look forward to bringing the latest interactive research tools to our customers. Big data and news analysis is increasingly seen as a fundamental part of investing research and now all our traders will have access to one of the best tools on the market” said Mr. Yochai Korn, head of market data at Interactive Brokers LLC.
Interactive Brokers is a subsidiary of Interactive Brokers Group, Inc., which has grown to become one of the premier securities firms with over $6 billion in equity capital. Interactive Brokers is headquartered in Greenwich, Connecticut and has over 1,100 employees worldwide. IB is regulated by the SEC, FINRA, NYSE, FCA and other regulatory agencies around the world.