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Social trading: Its potential and implications for you

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May 01, 2014 advantage, british museum, competitative, convergence, debates, emotions, facebook, finance, group, implications, information, institutional, investors, matteo cassina, networks, news, people, potential, retail, saxo, saxo bank, saxo tv, sharing, social media, social networks, social trading, tabb, tech, technology, technology and trading, trading, trading debates, tradingfloor.com, twitter, video, video content
Can social trading bridge the gap between retail and institutional investors? Saxo Bank's Global Head of Institutional Business, Matteo Cassina, says yes it can. He says, with so much information available to everyone, there's a big convergence between the two and no longer can institutional investors be seen as always having a competitive trading advantage. It's a concept being pioneered on Tradingfloor.com. 
Rebecca Healey, Senior Analyst at the Tabb Group agrees. She's looking to the future and believes social trading will continue to grow as trust in social networks, such as Twitter and Facebook, increases and technology improves. However, she says there's still a long way to go before social trading is mainstream and accepted by traders as many still don't fully understand its potential.