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09 Jul 08
Data Mining: Text Mining, Visualization and Social Media: Timberpost: Farecast for Stocks
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This portfolio is currently showing an annualised return of +23%, which would rank it 6th out of 200 peer funds according to the latest performance data on real European Long/Short Equity hedge funds published by EuroHedge magazine.
04 Jul 08
'Gordon Gekko' trading bot profits from mood swings - tech - 01 July 2008 - New Scientist Tech
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Traders in financial markets know when to cut their losses, or to push aggressively for a deal. Now a new Gordon Gekko-like software trader can do the same.
By becoming more or less aggressive as market conditions change, it can be 5% more profitable than existing trading programs.
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"The majority of share trading in Europe is now handled by algorithms," says Richard Balarkas, CEO of Instinet Europe a leading algorithmic trading firm. Trading software that is able to read and respond to market behaviour like a human is very desirable, he says.
06 Jun 08
real-time stock quotes are here
it would change the human computing scenario
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real-time quotes on NASDAQ securities are now available on Google Finance. This is an important (and way overdue) development for everyone who consumes financial information. Historically, real-time stock data was not freely and widely accessible. Either buried behind subscription walls or brokerage sites, consumers typically had to live with 15 or 20 minute price delays. In the world of finance, time is indeed money, and it's critical to have timely and accurate data.
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