Reuters unveils trading service based on news

Reuters has launched a new algorithmic trading service that enables companies to scan its news stories and automatically generate trades based on those announcements.

The service, which is part of the Reuters Market Data System, "reads" news article, scores how positive or negative they are and initiates orders accordingly.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire