Showing posts with label Investors. Show all posts
Showing posts with label Investors. Show all posts

Thursday, December 23, 2010

Computers That Trade on the News

Wall Street Traders Using Text Analysis Tools


The number-crunchers on Wall Street are starting to crunch something else: the news.
Math-loving traders are using powerful computers to speed-read news reports, editorials, company Web sites, blog posts and evenTwitter messages — and then letting the machines decide what it all means for the markets