(Reuters) - Algorithms -- problem-solving programs based on
mathematical formulas -- are making it easier for investors to
filter the massive amount of text produced by news wires,
newspapers, industry journals, clinical studies, and legal
filings for kernels of information, and trade on them in the
blink of an eye.
Though the expanding array of news on nontraditional media
like blogs and chat pages is a challenge for the robot readers,
the speed and efficiency offered by news mining algorithms are
helping hedge funds with just a handful of staff generate as
many trades as a giant investment bank and becoming a potential
boon to the media industry.
Read more at Reuters.com Bonds News
mathematical formulas -- are making it easier for investors to
filter the massive amount of text produced by news wires,
newspapers, industry journals, clinical studies, and legal
filings for kernels of information, and trade on them in the
blink of an eye.
Though the expanding array of news on nontraditional media
like blogs and chat pages is a challenge for the robot readers,
the speed and efficiency offered by news mining algorithms are
helping hedge funds with just a handful of staff generate as
many trades as a giant investment bank and becoming a potential
boon to the media industry.
Read more at Reuters.com Bonds News
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