Categories: OLD Media Moves

Dow Jones rolls out news product for institutional investors

Dow Jones & Co. introduced Tuesday a new product called News Analytics, which is designed to help traders, quantitative analysts and risk managers build better, more predictable trading models based on news sentiment.

News sentiment analytics quantify the impact of market-moving news, in real time or coupled with historical news models.

News Analytics combines Dow Jones’ business news content with technology from Alexandria, Digital Trowel, RavenPack and SemLab. Dow Jones has created a series of options to suit a wide range of content, technology and analysis preferences in the market and best support the development of clients’ long- and short-term models and risk strategies.

“Machine-readable news and news sentiment are established trading tools, but there have been significant leaps forward in the use and the sophistication of algo trading and sentiment models, coupled with advances in low-latency news delivery,” said Rob Passarella, vice president, Dow Jones Financial Markets, in a statement. “Given the interest we have seen from clients in our elementized news and news sentiment products, we developed integrated product and technology solutions that cover the gamut of trading models and delivery options.”

Dow Jones launched the first machine-readable news feed for institutional traders, the Elementized News Feed, in 2007, and the first trading tool to convert news content into actionable data for trading models, Lexicon, in 2010.

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.

Recent Posts

CNBC taps Sullivan as “Power Lunch” co-anchor

CNBC senior vice president Dan Colarusso sent out the following on Monday: Before this year comes to…

8 hours ago

Business Insider hires Brooks as standards editor

Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm excited to share…

8 hours ago

Is this the end of CoinDesk as we know it?

Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…

23 hours ago

LinkedIn finance editor Singh departs

Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…

2 days ago

Washington Post announces start of third newsroom

Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…

3 days ago

FT hires Moens to cover competition and tech in Brussels

The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…

3 days ago