Article 1NHMB Video: Breogan Supercomputer Brings High Speed Trading to Mexico

Video: Breogan Supercomputer Brings High Speed Trading to Mexico

by
Rich Brueckner
from High-Performance Computing News Analysis | insideHPC on (#1NHMB)
alonso-150x150.jpg

In this CCTV video, Alberto Alonso describes his new supercomputer, Breogan, that has the ability to modernize Mexico's antiquated stock market.

Since it was launched in February, the Breogan computer has generated $475,000 for his company GACS. The algorithm it uses is much faster than the computers in Mexico's stock exchange. "What makes the Breogan computer so unique, is that it finds attractive opportunities in the market and it buys and sells automatically when it sees a trading opportunity."

The post Video: Breogan Supercomputer Brings High Speed Trading to Mexico appeared first on insideHPC.

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