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Algorithmic Trading News Items
April 16, 2007 - Dow Jones & Company today introduced Dow Jones News Analytics, a secure, Web-based software application that enables hedge funds and banks to quickly and cost-effectively build news-oriented quantitative models for algorithmic trading. The application, developed in partnership with RavenPack, an analytics consultancy, works with Dow Jones
Dow Jones and RavenPack Launch Analytic Software that Transforms News into Data for Quantitative Analysis and Algorithmic Trading
Dennis Cahill: "Dow Jones has a long, renowned history of providing the trusted, real-time news and information that drives market decisions..."
Dow Jones News Analytics is the latest Dow Jones offering for algorithmic and quantitative specialists that leverages Dow Jones's comprehensive news coverage from its 2,600 news staff and more than 130 news bureaus around the world. The complete line-up includes Dow Jones News & Archives for Algorithmic Applications, the text-based real-time feed and 20-year archive that work with Dow Jones News Analytics, and the recently launched Dow Jones Elementized News Feed. The new elementized feed delivers news in precise and discrete elements in XML-tagged fields, providing computer-readable news data for direct integration into trading, execution and other models.
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