Friday, June 8, 2007

Funds seek expert advice for millisecond advantage

(Reuters) - They are increasingly likely to hire lawyers and other experts to instantly interpret a decision in a court case or government hearing, or even just the direction of a hearing.




In a world where financial information is available instantaneously and where algorithmic trading systems automatically weigh and make buy and sell decisions in milliseconds, they don't just want to know what has been said or decided in a court or legislative body.


Read more at Reuters.com Business News

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