This is just a step, but it could be a big step, an important step, and one which will improve all of our lives by creating a truer free market.
FTA: The artificially intelligent software being developed at the University of Sunderland is designed to spot signs of insider trading and spin.
Cassandra (Computerised Analysis of Stocks and Shares for Novelty Detection and Radical Activities) could help bring an end to the kind of market abuse that fuelled the credit crunch.
Not only will the system point the finger at insider traders, but ultimately it will flag up false rumours and exaggerated claims deliberately fed to the media to distort the market.
'It's a good thing.' Anyone? Anyone? Well, I think I'm funny.
And from a commentator: The Financial Times recently quoted as many as 25% of UK share dealing may be tainted by insider trading. A study commissioned by the New York Times suggested as many as 41% of North American deals may be similarly affected.
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