|By PR Newswire||
|September 14, 2012 04:45 AM EDT||
NEW YORK, September 14, 2012 /PRNewswire/ --
eToro's Social Trading Index™ wins over 60 competing financial technology companies
eToro, the world's leading investment network, announced today that it was awarded Best of Show at FinovateFall for its Social Trading Index that enables traders to create their own indices and make them available to the entire eToro investment network.
Produced by Online Financial Innovations, FinovateFall is a two-day showcase of the best new innovations in financial and banking technology. Based on live demonstrations, attendees voted for their favorite products from 60 competing companies, where eToro was one of the leading vote getters.
The Social Trading Index is an evolution of eToro's CopyTrader™ technology, which enables users to copy the trading activity of any user in the network in order to create a diversified people-based portfolio. As a result of offering the ability to aggregate several users into a single social trading index, users are able to benefit from an even more diversified and controlled investment portfolio. Through eToro's CopyTrader and Social Index top traders have now been transformed into a new asset class, with the ability to leverage their expertise throughout the social network while providing more flexibility, and options for retail investing.
"We are very pleased to win this prestigious industry award as recognition for our pioneering social trading," said eToro CEO, Jonathan Assia. "We are committed to creating technology which accelerates knowledge sharing, while providing opportunities to invest in proven expertise, to make retail investing a more enjoyable and rewarding experience."
Learn more about eToro and tap into the world's largest investment network at: http://www.etoro.com
eToro is the world's leading investment network, with over 2 million registered users in over 140 countries and thousands of new accounts opened each day. eToro leads the social trading revolution through its community-powered network, which enables every investor to see, follow and automatically copy the actions of other investors in real time. eToro's mission is to open the financial markets to every individual and make them accessible through a simple, transparent and more profitable way to trade and invest online. By harnessing the wisdom of the crowds every member of eToro's social trading network benefits from accelerated information exchange, knowledge sharing and the ability to quickly identify the best investment opportunities. eToro's open Guru Program allows expert and talented traders to earn wide-reaching recognition and monetize their trading expertise by earning rich monthly rewards. eToro's wide range of award-winning, web-based and mobile social trading platforms appeal to every level of trading expertise, and provide an investment experience that caters to the needs of the investor. For more information, visit us at http://www.etoro.com.