ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Toshiba, once a hedge fund target, seeks to become one

Its revolutionary high-frequency trade algorithm also piques banks' interest

Toshiba's high-speed machine, which company insiders call a "intelligent spinal reflex," can analyze combinations of many currencies and execute an arbitration transaction in 30 microseconds. (Nikkeimontage)

TOKYO -- Toshiba, the Japanese conglomerate that two years ago was pressured by activist investors to restructure its operations in one of the country's most controversial corporate sagas, may soon join the ranks of hedge funds by becoming one itself.

The Japanese industrial major, which is known for its high-technology research, is obtaining a license to operate a hedge fund after it developed an ultrahigh speed machine that employs quantum computing and a proprietary algorithm to seek out arbitrage opportunities in foreign exchange trading.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more