The Tokyo-based FX broker operating globally, has today announced its membership as a Consortium Laboratory Member with Massachusetts Institute of Technology's MIT Media Lab, for an estimated $400K per annum.
Japanese broker Monex Group Inc, which operates a number of brands across the globe, has today announced that it has joined the Massachusetts Institute of Technology’s MIT Media Lab for active discussion and information Exchange with faculty, researchers and students, to help bring cutting-edge technology and increase awareness of ideas that can improve people’s financial experience globally.
The membership begun in April, according to the official press release issued today, and Monex has since joined the list of consortium members where U.S. and international corporations join to conduct research across a broad range of relevant industries, with the aim of “creating a better future.”
Monex Joins MIT Media Lab as Consortium Laboratory Member
It will be interesting to see what will come next from Monex as a result of this effort, since there could be other indirect benefits such as finding the next hire, in addition to the marketing exposure that could be incidental to their membership.
To become Consortium Research Sponsor costs $400,000 per year, and the “Things That Think” sponsorship, another project within the lab costs $200,000 per year for a minimum of 3 years, while sponsors at both levels receive full intellectual property rights, license-fee free and royalty free, to all work developed in the Laboratory during their sponsorship years, according to a description on the MIT media Labs website.
In addition to receiving benefits, Monex will be able to contribute, and considering the size of its FX business and customer base, certain quantitative metrics could help derive trends or conclusions as part of feedback provided, for example.
This isn't the first time that online brokers have sought the help of academia, just yesterday, Forex Magnates reported about WorldWideMarkets (WWM), and how Financial Labs LLC - the company co-founded by WWM's founders, had utilized Harvard PhD's, some of who were trained at MIT as well, and based from their Cambridge Lab nearly a decade ago, operating cutting-edge technology (at the time) running supercomputers to analyze Foreign Exchange markets.
The Search for Talent, and Ideas That can be Realized
Therefore the solutions for new emerging cutting-edge technologies may be found in the hands of the youngest and brightest minds as they emerge from some of the best universities in the world, or others with such qualifications but years of experience under their belts as for example in the case of Dr. Bateson mentioned above.
Paradoxically, some giant breakthroughs have also emerged from college dropouts in their garage, so the relativity is no guarantee of outcome, although it's safe to say that bringing Forex to a lab such as the one joined by Monex could spawn some interesting ideas.
Japanese broker Monex Group Inc, which operates a number of brands across the globe, has today announced that it has joined the Massachusetts Institute of Technology’s MIT Media Lab for active discussion and information Exchange with faculty, researchers and students, to help bring cutting-edge technology and increase awareness of ideas that can improve people’s financial experience globally.
The membership begun in April, according to the official press release issued today, and Monex has since joined the list of consortium members where U.S. and international corporations join to conduct research across a broad range of relevant industries, with the aim of “creating a better future.”
Monex Joins MIT Media Lab as Consortium Laboratory Member
It will be interesting to see what will come next from Monex as a result of this effort, since there could be other indirect benefits such as finding the next hire, in addition to the marketing exposure that could be incidental to their membership.
To become Consortium Research Sponsor costs $400,000 per year, and the “Things That Think” sponsorship, another project within the lab costs $200,000 per year for a minimum of 3 years, while sponsors at both levels receive full intellectual property rights, license-fee free and royalty free, to all work developed in the Laboratory during their sponsorship years, according to a description on the MIT media Labs website.
In addition to receiving benefits, Monex will be able to contribute, and considering the size of its FX business and customer base, certain quantitative metrics could help derive trends or conclusions as part of feedback provided, for example.
This isn't the first time that online brokers have sought the help of academia, just yesterday, Forex Magnates reported about WorldWideMarkets (WWM), and how Financial Labs LLC - the company co-founded by WWM's founders, had utilized Harvard PhD's, some of who were trained at MIT as well, and based from their Cambridge Lab nearly a decade ago, operating cutting-edge technology (at the time) running supercomputers to analyze Foreign Exchange markets.
The Search for Talent, and Ideas That can be Realized
Therefore the solutions for new emerging cutting-edge technologies may be found in the hands of the youngest and brightest minds as they emerge from some of the best universities in the world, or others with such qualifications but years of experience under their belts as for example in the case of Dr. Bateson mentioned above.
Paradoxically, some giant breakthroughs have also emerged from college dropouts in their garage, so the relativity is no guarantee of outcome, although it's safe to say that bringing Forex to a lab such as the one joined by Monex could spawn some interesting ideas.
The Menace of Clones: Malta’s Regulator Warns against Fake "Documents and Emails"
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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