More News Is Good News
SPECIAL REPORT ALGORITHMIC TRADING
A year ago, trading algorithms were the hottest things on the block, as only a few sell-side firms offered them to their clients. Today, however, you almost can fill up your gas tank and receive a bevy of free trading algorithms. So, when a firm claims to have developed the next generation of trading algorithms, the financial services industry sits up and takes notice. In this case, it's not about interpreting tick data, but interpreting newsflow the instant it comes off the wire.
There are
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