Fantasy share trading account
Founded by a former JP Morgan principal, TrakInvest partners with institutions like Thomson Reuters and Religare to offer sponsored internships to students in emerging Asian markets.
The platform launched to the public in late December and is open to people anywhere in the world TechCrunch readers can sign up through this fantasy share trading accountthough it currently focuses on reaching aspiring traders in India, Singapore and other Asian countries. Two of the top traders on the platform represent the types of users Bhatia wants to sign up: We are moving to arbitraging intelligence. TrakInvest currently has 50 sponsored internships lined fantasy share trading account to offer to the top student performers over the next few months.
Interns are picked based on fantasy share trading account portfolio performance, research fantasy share trading account discussions on the site. Many had trouble finding the internships they needed to launch a financial career. TrakInvest currently has 12, reports covering markets and exchanges in countries including Australia, India, China and the U. It has received support from several academic institutions, including the Risk Management Institute at NUS, which made about five years of research data available to TrakInvest.
The site uses an two-step authentication process to encourage people to use their real names, which creates accountability. Incentives for user engagement include competitions that reward people who refer the largest number of friends or start the most interesting discussions on TrakInvest. The site is currently working on a ranking methodology that fantasy share trading account evaluate the trading style and risk adjustment return of individual users.
This will be especially useful for students with no previous trading experience and can be integrated into their LinkedIn profiles. Bhatia says he wanted to have internships because of his own career background. After moving to Singapore, Bhatia began mentoring students and realized how difficult it is for people to get a foothold on a financial career, especially in emerging markets. The argument I would use was to show real pieces of work, real performance records and then request an internship on their behalf.
That was the beginning of that concept. TrakInvest is free and will remain free for students. Bhatia says the site is considering a revenue model that fantasy share trading account allow student traders to charge a small fee for non-students to follow them and take a commission from that. Other potential monetization strategies include providing independently audited track records for traders to give to prospective employers or clients.
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