RAPA Cap Intro Plans $1.2 Million Allocation for Leading Performers
Online, March 13, 2013 (Newswire.com) - Armed with a growing following after its launch in November 2012, seed capital web portal RAPA Cap Intro is preparing for its first major allocation at the end of this month.
Matching trading talent with investment capital, RAPA Cap Intro serves to nurture and build budding traders through its online platform. Set to allocate $1.2 million to the top five traders on the RAPA Leaderboard, the company relies on its RAPA Score™ algorithm as a primary filter to screen traders presenting their performance numbers.
Michael Berman, CEO and Co-Founder of RAPA Cap Intro, says the "algo" is part of the company's secret sauce. "We hope it will become the industry gold standard in manager performance measurement," he said. He is excited about the allocation, as well as the future of working with emerging talent. "We are in talks with various institutional investors to increase the amount of capital available for allocation, significantly, in the coming months," he said.
RAPA Cap Intro was launched last year in partnership with Australian domiciled financial services boutique Gleneagle Securities and a couple of corporate heavyweights. RAPA management has drawn on its team's collective experience of more than 50 years of trading with its cutting edge mathematics and quantitative finance to design its RAPA Score™. For further information on getting involved in a trader seeding program with RAPA Cap Intro, please visit www.RapaCapIntro.com.
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