01 Jul '13, 5am

Mirror trading automates investments, reduces effort without eliminating responsibility

Mirror trading automates investments, reduces effort without eliminating responsibility

Mirror trading automates investments, reduces effort without eliminating responsibility July 1, 2013 by Guest Contributor By Alexander Surminski and Marc P. Bernegger Image: Michael Pollak Social trading is the latest buzzword on investors lips and is considered as a welcome alternative to traditional banking, which is often associated with high costs and a lack of transparency. The numbers of social trading platforms are continuing to grow and now classic brokers are increasingly integrating communities, discussion forums, or allowing mirror trading within their own trading platforms. While discussion forums and communities facilitate the exchange of information, the exclusive publication of trading signals still disadvantages the trader due in part to time delays from executing on the trade. Mirror trading overcomes that by running highly complex processes in the backgro...

Full article: http://sgentrepreneurs.com/2013/07/01/mirror-trading-auto...

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