Tuesday, September 22, 2009

Collective2.com Trading Volume Surges 1,000% to $11.65 Billion

http://preview.collective2.com/pressreleases/C2_pr_20090804.pdf

Contact: Michael Robinson

510-428-2167

New York -- Aug. 4, 2009 -- In a sign of the continued flight of

investors from high-priced money managers to do-it-yourself Internet

investing, Collective2.com today announced that it facilitated a record

$3.6 billion in self-directed trades in June 2009, roughly a 10-fold

increase from the year before.

For the first six months of this year, the nominal value of financial

instruments traded through Collective2.com totaled $11.65 billion.

That compares with about $1.1 billion in the similar 2008 period. Also

during the period, registered users grew 25 percent to 32,000.

Collective2.com acts as an online repository for automated trading

systems. The site allows any investor with an Internet connection to

select from nearly 9,000 trading systems that have been developed

by mathematicians and traders from around the world. Once an

investor selects his systems, trades are automatically placed in the

customerʼs regular brokerage account.

A trading system is a set of formulas and rules that generate buy and sell

recommendations based on price, volume or other data. Collective2.com

trading systems cover stocks, options, futures and foreign exchange.

"Were seeing more investors flee from so-called professional money

managersʼ and decide they can do better, and pay less, while

maintaining complete control over their brokerage accounts," said

Matthew Klein, President of Collective2. "At Collective2, an investor

with only $10,000 can have access to the same high-end automated

trading strategies as a money manager running a $100 million

portfolio."

The Collective2 automated trading platform is completely transparent.

Funds remain in the customers brokerage account. The customer

alone selects which trading strategies are automated in his account

and can see, in real time, exactly which trades are being placed