Dow Jones pitches news-based algo trading to FX traders

Tangled cables

The use of automated trading strategies in foreign exchange has become increasingly widespread in recent years, as traders have become willing to set potential execution decisions based on scheduled data releases such as non-farm payrolls, central bank minutes or the consumer confidence index.

Programming automated trades on the basis of news stories, or the occurrence of certain keywords within news stories, is an entirely different matter. But it is something news providers say is gaining trac

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