BOSTON, Nov 8 (Reuters) - Fidelity Investments, the world's biggest mutual fund firm, said on Thursday that investors could soon test stock-trading strategies with past data on its Web site, becoming the first brokerage to offer the service for free.
Starting in early 2008, visitors to https://www.fidelity.com/ can "back-test" trading theories and strategies using historic data.
"Back-testing has been used by professional traders for more than a decade, and now we are bringing it to everybody and enabling everybody to test their hunches," James Burton, head of Fidelity's retail brokerage products, told Reuters.
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