Co has built up a sizeable retail investing ecosystem consisting of its own Stocktwits community and significant follower base on Instagram, YouTube, Twitter, and Telegram.
by Suman Gupta
Mumbai, December 2023: Stocktwits, a new-age financial and social media platform for investors & traders to share content on stock markets, today said that it is looking to host over 100 Sebi-registered Research Analysts (RAs) and Registered Investment Advisors (RIAs) on its platform by March 2024. These certified Research Analysts with deep knowledge of equity markets help young and aspiring retail investors in improving their investment decisions and mitigate the negative influence of some of the ‘finfluencer’ community. The company already has over 50 RAs/RIAs posting their views on the platform.
Stocktwits is determined to help SEBI investors grow their digital presence. On the Stocktwits platform, Sebi-registered investors are provided with the yellow verified badge and their content is featured on both Stocktwits and Stocktwits’ general social media platforms. To improve SEBI RA visibility even further, Stocktwits has tied up with several online financial media firms and brokerages, such as ET Markets, CNBC http://TV18.comand Business Insider India, to integrate its core social media product. The company expects many more similar partnerships in 2024.
While Stocktwits, a leader among the new-age financial and social media platforms, commands over eight million participants globally, the Indian arm now has a retail investing ecosystem of two million users – including both on Stocktwits and its social media platforms. Stocktwits hopes to grow the user base contribution by at least another 50% by the end of next year. Stocktwits has a social media-first growth strategy in India and has built up a strong ecosystem and has a significant number of followers on Instagram, YouTube, Twitter Telegram, and its daily newsletter.
To drive local initiatives, Stocktwits has already hired a dedicated team to build domestic ecosystem partnerships and create content for the Indian markets.
Shiv Sharma, India Head and Vice President of International at Stocktwits, said, “The need of the hour is to help retail investors accelerate their learning curve and sharpen their investing skills. To help with this, we’re actively creating informative, yet relatable, markets content on general social media platforms, and then building our own serious community where the next-generation of retail investors can learn from Sebi-registered investors.”
