Concept

Applications of NLP in Financial Markets

Utilizing textual data to improve modeling of the financial market dynamics has long been the tradition of trading practice. The growing volume of financial reports, press releases, and news articles also galvanizes the wish to run this analysis automatically to keep a competitive business advantage. As a result, articles that leverage NLP techniques to predict financial markets are fast accumulating, gradually establishing the research field of natural language based financial forecasting (NLFF), or from the application perspective, stock market prediction.

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Updated 2022-09-25

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Data (Information)

Data Science