Stockgroup Information Systems Inc. announced today that long time investor PEAK6 Investments L.P. will be injecting $3 Million into their business. PEAK6 is a leading options trading financial institution. As part of a larger strategic agreement, Stockgroup will provide market data, research and news to PEAK6’s new online options information portal – The Options News Network – and Stockgroup will issue 3000 preferred shares at US$1,000 per share to PEAK6.
“Stockgroup and PEAK6 share a common goal: to give investors new and innovative tools they can use to succeed in the financial markets,” said Marcus New, chief executive officer of Stockgroup. “Backed by our proprietary financial data and analysis, OptionsNews.com can establish itself as a leading information source for the retail options investor. Our agreement provides a powerful resource for investors seeking to use options to enhance their portfolios. PEAK6’s investment in Stockgroup demonstrates the tremendous value we bring to their organization. We will continue to explore new ways to expand our relationship.”
This agreement closely follows Stockgroup’s recent relaunch of Stockhouse.com, an online community for investors. Stockhouse.com features blogs, editorial content and analysis on thousands of ticker symbols. Community members can also create profiles and publicly share top stock picks in their portfolios.