Social media trading is gaining ground: "This 'event-detection', as it is often called, requires a powerful analytics engine which detects abnormal signals and then analyses them combined with contextual data, both historical and concurrent, to decide whether the chatter is meaningful or simply noise.
Its biggest – and not insignificant – claim to fame, for example, was breaking the news of Osama bin Laden's death to its client-base 20 minutes before the major media outlets , thereby offering any clients trading at the time a potentially huge information advantage"
'via Blog this'
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