Man Group-Oxford Quants Say Their AI Can Predict Stock Moves
- Machine-learning program hits 80% success rate over 30 seconds
- Tape bombs and processing power are challenges to deployment
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Man Group Plc-backed researchers at the University of Oxford say they’ve created a machine-learning program that can project how share prices move -- notching an 80% success rate for the equivalent of about 30 seconds of live trading.
Artificial-intelligence experts at the Oxford-Man Institute of Quantitative Finance exploited principles from natural-language processing to trawl liquidity data across limit order books, a record of buying and selling at preset prices.