EToro, the world's largest investment network, announced today the availability of OpenBook in Chinese Mandarin, an online social trading platform used to trade foreign currencies, commodities and indices.
eToro's OpenBook provides real time feeds of expert traders' positions and profits, with the ability to quickly identify the best performing traders, and includes the award winning CopyTrader™ feature to instantly copy all of the top trader's trades into a personal investment portfolio.
Online financial trading for the private investor is on the rise in China. Retail online trading contributed a majority of retail investor trading (51 per cent) in 2009/10, up from 43 per cent in 2008/09 as a proportion of total retail investor trading according to The HKEx Derivatives Market Transaction Survey.
"China has just passed the US as the country with the largest Internet population in the world," said eToro CEO, Johnathan Assia.. " We are proud to lead the social trading revolution in China by providing investors with an easy to use trading platform combined with a community powered investment network."