A new online service has been launched, designed to educate the public on the best ways to research and make investment in the stock market.
Anyone can register for a SharesCool share dealing ‘account’. Users can then obtain information on quoted companies and place ‘trades’ in the market.
The service is free to use and investment clubs, schools and companies can request individual groups in order for users to compete against their peers.
SharesCool was developed by Goodacre UK using systems provided by the specialist software provider peterevans
peterevans was able to develop the service on an online platform that closely resembled the actual operation for trading and investing in equities, and used the same Microsoft servers for ShareCool’s virtual stock market as those that power the processing of real-life trades.
SharesCool provides links to all FTSE 100 companies and to every regulated investment firm providing services to private clients.
“The vast majority of the UK public do not understand how stock market investments work,” said Stephen Pinner, managing director of Goodacre UK. “There is a distinct lack of adequate or satisfactory education on investment and financial services in the UK. SharesCool has been established to explain how major UK listed companies report on their business and to increase understanding of how investments are made. SharesCool is informative educational and fun and we hope will be enjoyed by many from the young through to the silver surfers. You don’t need any previous experience to take part.”
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