June 25, 2007: USA Today: Computers trade based on reading news
Posted on
June 25th, 2007
by Robin Seidner
By Kevin Plumberg, Reuters
NEW YORK —
It takes a person about 10 minutes to read a 2,500-word, front-page feature story in
The Wall Street Journal
. Computer programs increasingly being used by investors to parse news stories can process one in about three one-hundredths of a second…
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