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ASX CEOs Fine-Tune Talk Amidst Robot Trading
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ASX CEOs Fine-Tune Talk Amidst Robot Trading
Australian chief executives are reportedly fine-tuning their market communications to avoid triggering algorithms of data-hungry quant funds that trade on the ASX. This comes amid expectations of a volatile reporting season, where minor deviations from forecasts could lead to significant share price fluctuations. The February reporting period saw stocks move an average 6 per cent on results day, the largest swing in a decade. This volatility, li…
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