Monex, a Japanese online brokerage, will next month introduce the country’s first entirely computer-managed mutual fund, based on programmes developed by winners of a competition set up by the brokerage.
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Trade Science Corp. has created the development and operation environment for “Kabu-Robo ®,”an automated stock trading robot, and has been organizing the online “Kabu-Robo Contest (icon)” since 2004.
Over 19,000 people have participated in the development of Kabu-Robo (as of the end of 2008), and outstanding Kabu-Robos are now engaged in actual investment advisory activities as “Cyber Fund Managers.”