Research: Trade Ideas catch on

The success of Trade Ideas, a platform developed by a consortium of investment banks for distributing trading ideas to their clients, shows that trading ideas are becoming an increasingly important element of the brokerage service that buy-side clients are willing to pay for.

Since its launch two years ago by a consortium of four investment banks – Citi, Credit Suisse, Dresdner Kleinwort and Merrill Lynch – the number of the global platform’s users has almost quadrupled to 242, including 150 sell-side firms, leading hedge funds and traditional asset managers. Approximately 50% of users are based in Europe, 25% in the US, and 25% in Japan and the rest of Asia.

The system enables users to send and receive trading ideas and to analyse and rank the performance of those who send them.

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