Dow Jones Launches Algo News Feed
Dow Jones Newswires last week launched an XML-based news feed that enables firms to use the news provider's stories to generate trade signals for algorithmic trading applications.
The Dow Jones Elementized News Feed delivers economic and corporate news directly to quantitative analysis models and automated trading programs with machine-readable XML tags, which are pre-set by Dow Jones and attached to specific elements of the news items. It is aimed at proprietary traders, hedge fund managers and
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