171–180 of 212 posts
One thing I notice right away is that I wish there was some kind of description or context for some of these custom index things. Like why did the creator decide on this mix? What's the background? Otherwise they are just lists of stocks.
I realize this questions is super early but it is an important one given the current debacle with Robinhood.
How do you plan on funding the product as you go to market and undwind VC positions? Is this a subscription model, is this going to be something that is funded through selling data on the backend to keep costs low for the trader, portion of trades, MER?
Super interesting - like the clean aesthetic of the website. I realize this questions is super early but it is an important one given the current debacle with Robinhood. How do you plan on funding the product as you go to market and undwind VC positions? Is this a subscription model, is this going to be something that is funded through selling data on the backend to keep costs low for the trader, portion of trades, M…
However, part of what appeals to us about bringing more of the financial stack in-house is exploring innovative models beyond PFOF & MER. Lots of room for creativity here.
Glad you like our site design too. :)
Earlier quoted context omitted.
I think M1 Finance is also very similar. https://www.m1finance.com/
Yup I also use M1 Finance. I have my main portfolio that contains multiple sub portfolios. Works great, but the only thing I can’t do there is share it with my friends. I guess that’s the only novel part of Enombic? Although I used Motif Investing in the past to share my portfolio with friends, but they didn’t have free trading.
Super-stupid suggestion, but… why not enhance building indices for given topics? Some sort of semi-automatic creation? Say I believe in genome editing, CRISPR and personal medicine, and I would like to have XX stocks in my index. Your system could support me by picking the appropriate stocks. Biggest issue is to map trending topics to XX according companies for me.
Another neat thing is to see how the metrics improve when you bring differently-themed indexes together (e.g. https://enombic.com/aml/diversified), since the underlying assets are more decorrelated.
Super interesting - like the clean aesthetic of the website. I realize this questions is super early but it is an important one given the current debacle with Robinhood. How do you plan on funding the product as you go to market and undwind VC positions? Is this a subscription model, is this going to be something that is funded through selling data on the backend to keep costs low for the trader, portion of trades, M…
This is a great question that we've put a lot of thought into, since we share the same concerns you do. We currently monetize via a subscription model for premium features, such as unlimited private indexes and access to full version histories of your and other users' indexes. However, part of what appeals to us about bringing more of the financial stack in-house is exploring innovative models beyond PFOF & MER. Lots…
My take is being very upfront about how you guys make money then clients understand the model which will likely avoid downstream challenges!
Good luck.
Very awesome work guys. A lot cool things could be done wrt to portfolio optimization. Not sure if you have this already, but being able to specify optimizers (BL model, min variance, EF, risk parity, etc) would be super cool. Like support stuff from https://pyportfolioopt.readthedocs.io/en/latest/ Also classic academic portfolios would be interesting as well, like a betting against beta or a multi factor portfolio.…
One of our main goals with enombic is to empower retail investors with more advanced tooling, glad to hear you're sympathetic to this. Would love to chat more about it if you want, hello [at] enombic [dot] com.
So, most FAANG employees are not allowed to trade in derivates that short sell their own stock, which I figure is half insider trading protection and half ensuring equity compensation actually works. However, I've often wondered if those employees could still offload some of the assumed risk of portfolio concentration by investing their free investable cash in, say, their own SP499: every company in the SP500 except…