Collective2 surpasses $50 Million in investor capital connected to platform
Rye Brook, NY — October 18 — Collective2.com, the online platform which connects investors with traders, today announced that it has surpassed $50 Million dollars in investor capital linked to strategies on the platform. The increase represents a gain of over 30% in assets following strategies (AFS) from the prior quarter.
“This is an exciting milestone and continues to demonstrate the appeal of the strategies listed on C2,” said Matthew Klein, CEO and founder of collective2.eu.
The growth has come from both traditional accounts and the recent introduction of the ScoutAlpha, a managed service that consists of trading programs based on Collective2 trading strategies.
Collective2 is an investing web site. Great traders from around the world ask Collective2 to track their brokerage results in real-time. Then other investors can “subscribe” to these traders, and automatically follow their trades in their own brokerage account.
Collective2 was founded in 2001. It has more than 90,000 registered users and 15,000 published strategies. Over $50 million dollars of investor capital is connected to the Collective2 platform.
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