eToro Research Presented at NYU Social Media Summit

Oct 03, 2011, 07:53 ET from eToro

LONDON, October 3, 2011 /PRNewswire/ --

MIT Media Lab research reveals influence of social networks on financial trading

eToro, the world's largest investment network, announced today that Dr. Yaniv Altshuler presented eToro sponsored research on social trading at WIN (Workshop on Information in Networks)  at  NYU Stern School of Business September 30 - October 1. Dr. Altshuler, associate researcher at MIT Media Lab presented how social trading enables the viral distribution of potentially valuable information throughout the network, and at the same time acts as a filter, allowing only valuable information to spread. According to Dr. Altshuler's research, the conditions that allow both roles to take place can be mathematically predicted using the field of computational social science, and the analysis of the flow dynamics of information in networks.

Dr. Yaniv Altshuler is a postdoctoral associate researcher at the MIT Media Lab, working at the Human Dynamics group, led by Prof. Alex (Sandy) Pentland, a world leading researcher in the field of computational social science.  At WIN Dr. Altshuler will be joined by scholars from diverse fields including computer science, economics, physics, and political science to study how information in networks influences social and economic outcomes.

"Dr. Altshuler has made  an impressive contribution  to  the study of how trading communities work," said eToro CEO, Jonathan Assia. "We are proud to be affiliated with research that increases the understanding of trading behaviour and can reveal new tools and systems that will enhance the trading performance."  

About eToro

eToro is the world's largest investment network, with over 1.75 million 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 enjoyable way to trade currencies, commodities and indices online. Based on a wide range of innovative web-based and mobile trading platforms that appeal to every level of trading expertise, eToro's social trading network facilitates information exchange between investors, accelerates knowledge sharing and shortens the learning curve for those who want to bring their trading experience to the next level. For more information, visit us at http://www.etoro.com.

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