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What are the chances that some news crunching system at a trading firm caught up on this development and predicted the up side on the Seagate stock? I am intere
by abhaga 15y ago
What are the chances that some news crunching system at a trading firm caught up on this development and predicted the up side on the Seagate stock? I am interested from the technology point of view. Do we have deployed systems that are able to pick up on such connections?
- belbn 15y agoLets build it!
- anigbrowl 15y agoDon't need a computer for that, when one has analysts. I posted a business article about this three weeks ago, and it sank like a stone. Traders know exactly where big factories are.
- robryan 15y agoYou do need a computer to act on the information before everyone else has the same information though.
- QuoVadis7 15y agoI've heard of a trading company doing something like this: they parse Bloomberg's news stream for keywords and place orders accordingly. Not sure they'd be able to connect flood in Taiwan with, say, Seagate stock based on Seagate NOT having plants in TW. Shorting stocks of the companies in electronics industry or some index like NASDAQ is feasible, though.
- gujk 15y agoThat is simple to implement. All industry members in Thailand (not Taiwan) take a hit. All competitors to companies that take a hit get a bonus.
- borism 15y agoI wouldn't think getting HD-making-factories flooded is such a good thing for HD-manufacturers. I'll be the other side of this trade.