Advanced Text Mining Methods for the Financial Markets and Forecasting of Intraday Volatility

The flow of information in financial markets is covered in two parts.An high-order estimator of intraday volatility is introduced in order to boost risk forecasts.Over the last decade, text mining of news and its application to finance were a vibrant topic of research as well as in the finance industry. This thesis develops a coherent approach to financial text mining that can be utilized for automated trading.