Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Prediction Exchanges + News Agencies = ???

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New York Times:

Today, the Reuters Group begins selling two trading services that allow subscribers to set up automatic trading orders based on the news. They will give subscribers the ability to mine past and present Reuters news articles in real time and automatically buy, sell or hold a stock based on market-moving events.

2 Comments to Prediction Exchanges + News Agencies = ???

  1. December 11, 2006 at 5:15 PM | Permalink

    Reuters late to the party, as usual.

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