The Mysterious Twitter User Attracting a Swarm of Japan Traders

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On a daytime when billions in profits and losses would be determined by split-second sells, the salaried professionals of Japan’s finance markets were glued to their information terminals. Other groups was staring at the feed of an anonymous Twitter account.

It was shortly after noon on Jan. 29, 2016, and beings with coin at venture were waiting for the Bank of Japan to announce its monetary policy. While the decision’s appointment is set in advance , none knows its timing.

” It’s a negative interest rate bazooka !” wrote the Twitter user who goes by the handle Okasanman, attaching a screenshot of an clause only published on a neighbourhood information website, showing the BOJ was discussing initiating minus rates as its latest shock-and-awe stimulus weapon.

As stock futures mounted and the yen tumbled, some merchants expressed gratitude for the threat. About 15 a few minutes later, the bank said it was taking borrowing rates below zero.

” This post saved my life, ” one user gushed in response.” The profits I made are thanks to it .”

‘Locust Lord’

Okasanman has been dubbed a” locust nobleman” because the note entices a crowd of buyers who seek to profit from the prolific tweets on everything from world financial data freeings to the latest quirks in developing political status. While the account only drawn attention to already available information, the speeding at which it does — and the opennes of the insurance coverage — has built a following that’s larger than that of the BOJ.

“How is it so fast? ” questioned Hajime Sakai, primary fund overseer at Mito Securities Co. in Tokyo, where he helps oversee $594 million. “I’m very curious to know.”

Okasanman’s identity and incitement for spending hours every day providing information to more than 129,000 adherents for free are a whodunit. The party or parties behind the handle didn’t respond to variou is asking for statement. But the accounting is another example to seeing how microbloggers — from anonymous short dealers to marketplace reporters such as Zerohedge — are becoming a feature of how information is transmitted through modern financial markets.

Vast Coverage

The Okasanman account scavenges through a huge reach of sources, at all hours, to find potentially market-moving report. That includes newspapers and periodicals, fiscal data providers, disclosures to the stock exchange, and tweets on collisions or barrages. Many appear to be automated, though manually written note registers a affection of groan-worthy puns and sometimes crude content.

In August, the detail was among the first to tweet an exclusive report by a local magazine , not naturally known for its market-moving scoops, that medications giant AstraZeneca Plc had made an fruitless takeover bid for Japanese dose fellowship Daiichi Sankyo Co. — and that a acquire was still probable. Daiichi Sankyo shares tided “the worlds largest” in nine years.

” His tweets are absolutely crucial, ” said Naoki Murakami, a pre-eminent day broker with more than 38,000 adherents himself.

On any opened daytime, the tweeting is relentless. On Dec. 20, the history moved 111 tweets, starting 12:44 a.m. and ending at 11:46 p.m. Cryptocurrencies: 33 tweets. The U.S. Senate voting time the tax money: 3. Other topics included a disgraced sumo wrestler, a report on North Korean ICBM experiments, and the latest Pokemon movie.

Okasanman” must have experimented what beginnings ought to have fastest over its first year” for specific topic, said Katsuhiro Yoneshige, founder and chief executive of JX Press Corp ., which develops apps that beginning separating story from social media affixes.” It’s probably not something you can build in a epoch .”

Little is known about Okasanman. There’s the profile characterization: a caricature lover in a yellow safety helmet. There’s the profile description. Make: IT-related, investor, era trader. Affairs: music( Japanese singers and ensembles ), movies( cult and science fiction ), psychology and communications( English and Finnish ).” Live grocery note from 12:30 p.m. to 3:10 p.m. every weekday ,” it says.” A pretext for a gag-fest .”

And that’s it, apart from the occasional clue amongst the tweets. Okasanman seems to live in an unfashionable residential area really outsideTokyo and appears to own a cat. But is it a soldier or bride? And is it run by a single person, or various Okasanmen?

Dad Jokes

“I think he might be a bit older, ” says Yoneshige, who at 29 says some of Okasanman’s ethnic citations are from before his time. The communication exercised, as well as a preference for papa gags and an obsession with Ivanka Trump, appears to point to a middle-aged serviceman, but Bloomberg News was unable to speak with anyone who could confirm who Okasanman is. The first autocomplete prompting in a Google search for Okasanman is “identity .”

Okasan Defence Group Inc ., a mid-tier Japanese brokerage house, says it has nothing to do with the account.

The incitements are also ambiguous: why go to so much effort to provide the information free of charge? There seems to be no attempt to monetize the feed, or tweets that might be supplied by sponsors.

Not everyone is that impressed. “I’ve never genuinely supposed what he could be like, ” says perhaps Japan’s most-famous tweeting period merchant, who goes by the handle Cis. “He tweets information really fast. That’s my only impression.”

But one thing is certain: Okasanman’s influence has grown so much that the history can cause fluster where reference is gratifies in the occasional escapade, such as a tweet in November 2016.

” Kuroda to hampered emergency press conference on acquiescence ,” it said.

Coming after nearly a year of appraisal of the Bank of Japan’s negative frequency programme, many followers took this to be a including references to BOJ Governor Haruhiko Kuroda. Two minutes later, Okasanman clarified: It was Hiroki Kuroda, onetime pitcher for the baseball team Hiroshima Carp.

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