Thomson Reuters expands news analytics

When the level of news reaches a certain threshold, a signal is sent to the customer's trading or risk management system, alerting them to potential market movements. The product was developed in collaboration with AlphaSimplex Group, a Cambridge, MA-based asset management firm founded by quantitative specialist, Dr Andrew Lo. While Thomson Reuters provided the news and market data, AlphaSimplex provided the research and methodology to create the product.

"By combining AlphaSimplex's experience i