Thomson Reuters ‘Psychs’ Algo News

Rich Brown, head of quantitative and event driven trading solutions, Thomson Reuters

Thomson Reuters has added behavioral analysis to its machine-readable news service via the creation of the Thomson Reuters MarketPsych Indexes (TRMIs), developed in partnership with Los Angeles-based behavioral finance and analysis provider MarketPsych, which will enable trading firms to quantify and harness human emotion and sentiment from news and social media posts as an input to their investment strategies.

The indexes will initially cover 40 equity sectors, four equity indexes including the

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