eToro OpenBook Winner of FSTech 2012 Award

eToro, the world's largest investment network announced that eToro OpenBook was the winner of the Financial Service Technology (FSTech) 2012 award for best use of customer communications and social networking technology. This award recognizes the most effective implementation of communications technology and/or social networking technologies by a financial services institution. Other companies on the short list for this category included Deutsche Bank and Lloyds Banking Group.

The primary criteria for judging are the delivery of definable and significant business benefits, innovation, and originality of application. The winner, eToro's Open Book, provides real time feeds of expert traders' positions and profits, with the ability to quickly identify the best performing traders and initiate the CopyTrader feature to instantly copy all of the top trader's trades into a personal investment portfolio.

"We are very excited to not only have been considered, but to have won against such a respected line-up of leading financial institutions," said Jonathan Assia, eToro's CEO. "By winning this award eToro and social trading have taken a giant leap forward and are continuing to disrupt well-established financial business models."

About eToro

eToro is the world's largest investment network, with over 2 million registered users in over 140 countries and thousands of new accounts opened each day. eToro leads the social trading revolution through its community powered network, which enables every investor to see, follow and automatically copy the actions of other investors in real time. eToro's mission is to open the financial markets to every individual and make them accessible through a simple, transparent and more profitable way to trade and invest online. By harnessing the wisdom of the crowds every member of eToro's social trading network benefits from accelerated information exchange, knowledge sharing and the ability to quickly identify the best investment opportunities. eToro's open Guru Program allows expert and talented traders to earn wide reaching recognition and monetize their trading expertise by earning rich monthly rewards. eToro's wide range of award-winning web-based and mobile social trading platforms appeal to every level of trading expertise, and provide an amazing investment experience that caters to the needs of the consumer investor.