Wednesday, April 18, 2007

Are computers going to take over trading ?

To most humans, the following sentence makes little sense: "Symbol ticker = 'MAN' country = 'US' cusip = '56418H100' isin = 'US56418H1005' / symbol changesign = '+' caltype = 'percent' 2.5 / change to price value = '44.52'."

But to a new breed of computers specially programmed to trade automatically on the latest news stories, it could be enough to make a huge sum of money.

Read more about it here ...

http://www.ft.com/cms/s/bb570626-ebb6-11db-b290-000b5df10621.html


Another news

Dow Jones & Company has announced the launch of the Dow Jones Elementized News Feed, which the company claims revolutionizes the way news can be utilized by delivering richer, computer-readable news data directly into quantitative analysis models and automated trading programs.


Read about it here..

http://www.cbronline.com/article_news.asp?guid=0B951A7A-FB22-475C-8188-E94EED2875D7


and here

http://www.marketwatch.com/news/story/dow-jones-unveils-news-feed/story.aspx?guid={7BF9BA87-FBEA-4965-B530-796FBF5A782D}&dist=dist=rss&siteid=mktw