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Quant opinion: Real-time, machine readable news feeds designed for algo traders like us. Thoughts on the implications?

(Last Updated On: September 23, 2011)

I just saw an advertisement for a company offering real-time, machine readable news feeds. Specifically designed for algo traders like us. what are thoughts on the implications?

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It’s being used a lot, mostly as a secondary layer the pure news returns aren’t that special. Check with reuters or ravenpack for studies that have been done with their data.

 

 

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