eToro to hold live "hangout" with professor Sandy Petland and Dr. Yaniv Altshuler of MIT

26 March 2013

(PRESS RELEASE) -- eToro, the world’s largest social investment network is delighted to host a live “Hangout” with Professor Sandy Petland and Dr. Yaniv Altshuler of MIT.

Having collaborated last year on the MIT “Guided Copying” study, eToro will once again meet up with Dr. Altshuler, together with his esteemed colleague Professor Sandy Petland, at 1pm EST Thursday, March 28th to discuss the idea of “Sustainable Trading”.

As Dr. Altshuler has already shown in his May 2012 “Guided Copying” study, eToro’s CopyTrader mechanism has already taken a big step in this direction. The study’s findings showed that guided copying (i.e. copying the trades of a provided “Social Guru”) improved the traders’ performance by 6%-10%.

Since then eToro has put in significant efforts into “tuning” its social trading network by providing the tools for discovering the most sustainable Social Gurus on its network via a “Featured Traders” section, as well as via an advanced traders search tool (the eToro Guru Finder), more transparent trader performance stats, profitability reports and periodical analysis of trader portfolios on the eToro Blog.

Now eToro is turning to Dr. Altshuler and Professor Petland to collaborate on a second study, one that aims to come up with a “sustainable trading mechanism” that eToro aims to implement in order to elevate its traders towards better and more sustainable results.

“We are extremely grateful to Dr. Altshuler and Professor Petland for putting their time, talents and effort into this project, which could end up immeasurably improving our clients’ experience,” said Yoni Assia, CEO of eToro.

More details about the project will be revealed during the live “Hangout”. Tune in at at 1pm EST this Thursday, March 28th, on our eToro YouTube channel (https://www.youtube.com/etoro).

A recorded version of the “Hangout” will be available eToro’s YouTube channel.

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