The
Nasdaq Analytics Hub will use machine intelligence, a subset of
artificial intelligence, to derive signals from end-of-day data
that market participants can use to enhance investing
strategies, the exchange operator said.
The data from Nasdaq and third party providers are vigorously
vetted with the help of financial technology startup Lucena
Research, Mike O'Rourke, global head of machine intelligence and
data services at Nasdaq, said in an interview.
"We back test the data using a number of strategies and then we
use machine intelligence to add value-added analytics to the
data that allows firms to make it more actionable."
The exchange operator said it would add new data sets and
sources, as well as new insights and analytics, on a continual
basis.
(Reporting by John McCrank; Editing by Richard Chang)
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