20 results for tag: fintech


Peeptrade removes fees from platform

Fintech startup now allows you to follow other investor’s trading activity for free CHICAGO, IL  – On October 27th, Peeptrade officially announced that all of the fees on the platform have been removed. For the first time, users on the site can follow each other’s trading activity for free, gaining valuable insight of the minds and strategies of other investors. The shift to a free platform also coincides with Peeptrade’s University Challenge. Investors are now able to see how investment clubs from top universities manage real portfolios with real money in real time completely free of charge. Competing universities include the ...

Twitter: What is it, Who wants it, and Why?

There is an old proverb about an elephant and a group of blind men, who are asked to reach out, touch the creature, and describe what they feel. To the man who grasps the tail, it is like a very thick rope; to one who feels a leg, like a tree trunk; and to one who touches an ear, like a huge fan… None are actually incorrect, but no one can agree on what the creature actually is. Twitter (TWTR) is like that: “What the heck is it?” It is.. a utility which allows you to catch the latest headlines? a way to engage potential buyers or clients? a gold mine of data about millions of consumers? And what is Twitter worth, anyway? ...

What Strategy Will Pay Off in the University Challenge?

When investment teams face off, who will use data most effectively? This is exactly what graduate students will learn in the Peeptrade University Challenge when student teams, each managing a $10,000 portfolio funded by Peeptrade, compete for prime results. This challenge, which begins October 3rd and ends December 2,  gives students the actual experience of investment and risk management while also raising money for charities that the students have chosen. Come December 3, teams from these participating university business schools will present final results and defend their investments before a panel of experts:  University of Ch...

The Democratization of Finance

Historically, the financial industry has been riddled with both needlessly complex trading tools, and extremely archaic and elitist processes. Thankfully, we are now blessed with a massive influx of fintech (financial technology) startups to help simplify the lives of self-directed investors, and empower them with the necessary tools to be successful. Within one of the financial powerhouses in Asia, more specifically, Singapore, there is a startup that is doing just that. This startup called, “Call Levels”, provides real-time monitoring and instant price alerts on a wide range of asset classes. This allows investors to be notified of market ...

The Business of Coffee

Coffee and baked goods go together well–not just in the morning or for a quick pick-me-up at your coffee shop, but apparently in the portfolios of major corporations and holding companies. Why else would the privately held German conglomerate JAB Holding Co.  purchase a bagel maker? In “Einstein Noah Agrees to $374 Million Buyout,” The Wall Street Journal (July 29, 2014) succinctly subtitled the news: “Owner of Caribou & Peet's… to Buy Bagel Chain Operator.” JAB apparently felt the synergy made good business sense. It didn’t stop there. Less than two years later, Business Wire reported that JAB had purchased Keurig Green ...

Learning from Warren Buffett

Humble Beginnings It started with Coca-Cola: as a boy, Warren Buffett bought six-packs from his grandfather’s Omaha grocery store for 25 cents, then sold the bottles for 5 cents each. By age 11, he had learned to analyze stock price charts and bought his first shares; at 12, he worked two paper routes; and, at 14, he claimed deductions ($35) for his bicycle and watch on his first-ever tax return. Fast-forward a few years. At 19 he graduated from college; at 25, he launched his limited investment partnership firm; and, by 35, had control of a New England textile company named Berkshire Hathaway. The rest, as they say, is history. Warren ...

A Look at History’s Wealthiest

Here at Peeptrade, we like to focus on the real time trading activity of investors. This week, however, we decided to take a look back. Way back, in fact, at some of history’s richest people. Our top ten list contains some of the wealthiest people in history, alongside fascinating stories about their lives and legacies. Discover how these men and women made their fortunes, and then stop by our Meet the Gurus page to see how our traders made theirs.     10. Bill Gates Net worth: $77.3 billion Lived: 1955 - Present Nation: United States About: For perspective’s sake, we decided to include Bill Gates in this list. The ...

And the winner is…

Peeptrade is proud to announce that the winner of our $5,000 trading contest is Nicholas Rossolillo! The contest winner was determined by the Sharpe Ratio, a metric for risk-adjusted return. The competition was very close in this contest, and we would like to congratulate all of the other top contestants below! Trader Sharpe Ratio Nicholas Rossolillo 9.615 Elite Wealth Management 5.766 London Fielding 5.021 Cyrus 3.553 Brayne Rowland 2.450 Sinead Aleksovski 1.943 Jonathan Maula 1.480 Travis Chingo 1.347 IRA Eligible Portfolio 1.268 Alex Fotopoulos 0.757 If you’re interested ...

The End is Near, and so is SXSW!

The end is near for those waiting to join Peeptrade’s social trading community. In the past several hours, Peeptrade has invited nearly 3,000 early access subscribers and plans to open its entire platform to the public at South by Southwest this year in Austin, TX. The decision to open up to the public was prompted by the fact that Peeptrade was chosen as an alternate in the South by Southwest Accelerator this year, where the company will be pitching from March 12 through March 13. Peeptrade will be building hype for the opening by attending events such as the 2016 Pre-SXSW Startup Crawl, the SXSW 2016 Startup Village, and SoFin @ SXSW ...

2016 Market Snapshot

We all know that 2016 is now known as the worst start of the year in the history of financial markets. But how bad are they? There are some sectors and markets that are performing worse than others, this is why in Peeptrade we give you a snapshot of the different markets across different asset classes. US Emerging Markets Non US Developed Countries Commodities Currencies *All data as of market close January 27, 2016 Most people lose money in a bear market, but there are a whole host of different strategies that can be very profitable during a turmoil. At Peeptrade you can see how experts trade all different kinds of ...