Several investment management companies have specialized in exploiting news driven trading strategies that would affect the future sock price. Event driven hedge funds need to be on constant alert on news and company press releases as any potential profits could be “arbitraged” away after a short period after the event has taken place.
Many news agency providers also provides low latency machine readable news feed that can be directly used in XTS Algo Trader trading strategy to exploit sudden price movement.

Such corporate news events are for example mergers, restructuring, litigation or bankruptcy, product announcements, examples for market news are announcements of economic indicators (unemployment rate, PMIs, etc.) or interest rate changes