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Does statistical trading make markets less or more efficient?


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Big data represents a big opportunity for Wall Street. It’s never been easier for investors to capture exorbitant amounts of data to analyze financial statements or interpret asset prices using algorithms. Even credit card receipts and social media posts can provide insight to those who know how to make sense of them.
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“Thirty years ago, computers were super slow, and everything was written on paper, so it was hard to put all of the data available and make sense of it,” said ....

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