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Beyond Forex: Japan's Monex Supports Scientific Lab

In the spirit of today's holiday, I decided to present you with a bit of news that is not directly linked to the world of money and trading, as it is an ultimate belief of mine that the world of science and intellectual endeavor goes beyond the shallowness of blunt financial matters. On Friday, Japan's securities giant Monex announced that it had become a sponsor of one of the most famous scientific research laboratories in the world – that at the Massachusetts Institute of Technology (MIT). 


This means that the broker is now a part of the handful of corporations that sponsor the MIT Media Lab in getting its $45 million annual budget. I said “handful” of sponsors, as for the MIT the number of 70 is not that big: actually, there is a line of people and organizations willing to become sponsors of the Lab but that's not easy at all. So, Monex must have earned that title with something more than money. Perhaps it's the famous Japanese accuracy, but most likely it is Japan's long tradition of supporting and loving science. For that matter, you should know that the fastest supercomputer in the world is in Japan's city of Kobe. 


I know what's on your mind – since Monex is sponsoring the MIT Media Lab, the sponsorship should be about Forex. I have to disappoint you, fellow traders. The Lab is engaged with numerous projects securing the better future of mankind but that does not involve making us easily rich. Of course, I doubt that any scholar at the MIT would have a problem if its project has an application that would do good to the Forex realm but that's not the aim of it. Currently, the work at the Lab is focused on “human adaptability”― ways to find cure for problems like Alzheimer’s disease and depression, or to develop robots that can communicate and take care of children or old people.


And although the MIT Media Lab is not directly involved with developing solutions for Forex trading, we can safely call its work Forex friendly. It suffices to say that one of the founders of Lab is Marvin Minsky, a pioneer in the field of artificial intelligence. And that's the field that gave us rule-based systems, neural networks (the mirror trading concept actually has to do with mirror neurons) and dynamic systems – all of them are the basis of the expert advisors and other automated trading systems that we use in Forex.


Monex's support of the MIT Media Lab underlines the broker's commitment to disruptive technologies. Let's remind you that in about a week Monex will conduct a Hackaton in Tokyo, where you can develop your own app for tradable, the open API platform.



About Monex Group Inc.


Monex Group Inc is an online securities brokerage providing advanced financial services to individuals and investors. The company is considered a pioneer among Japanese online securities brokers, and its services cover M&A advisory, debt & equity underwriting, asset management focusing on alternative investments, investment education, and other investment banking functions. Monex Group has offices throughout Asia, and the recent acquirement of brokers TradeStation and IBFX opened its way to the US market as well.


TAGS: monex  monex japan  monex forex broker  science  sponsorship  mit  mit media lab  research laboratory  scientific research  Massachusetts Institute of Technology  expert advisors  forex robots  bionics  marvin minsky  frames  cognitive modeling  cognitive 

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