Japanese broker bots: millionaire machines


While one part of us hopes that these stock buying and selling robots don't completely outdue their human counterparts, replacing all of Wall Street with teenage programmers might be kind of therapeutic. Japanese computer programmers have been invited to create virtual robots to compete in KabuRobo Programming Contest, a stock investment returns contest put on by Waseda University, Nomura Research Institute and IBM Japan. Contestants will program their virtual robots to buy and sell orders for 40 stocks out of the 225 leading stocks in the Nikkei in response to market events or whatever factors they choose. Once the contest starts the contestants have to refrain from giving their robots any input and have to just let the bot broker on its own.