Nanyan Technology University will offer stock markets futures and options, the university announced on Tuesday.
Nanyan will offer futures and option trading, and will allow participants to buy and sell stocks.
The university has been developing a technology platform called Future Techs, which allows investors to buy, sell, trade, and track stock price movements.NANYAN TECHNOLOGY UNIVERSITY PHOTO / NANYAN UNIVERSITY TECHNICAL UNIVERSITY Facebook, the social networking giant that was spun off from Facebook in 2015, announced last year that it would partner with Nanyantech to develop stock market prediction algorithms.NAPERCO INC.
/ Facebook Facebook CEO Mark Zuckerberg (L) and NAPERICO CEO Robert S. Meyer announce a new $10 million investment in the company in San Francisco, California, U.S., December 29, 2017.
Facebook, a $10 billion company with operations in 190 countries, has a long history of investing in startups.
The company has partnered with startups to develop and sell products.
In the past, the company has offered shares in the social network to investors through a stock market fund.
In 2016, Facebook said it had partnered with NANYANTECH to develop algorithms to predict the performance of Apple’s stock.
Facebook also said it planned to invest $10.2 million in NANYANG TECHNOLOGICAL UNIVERSITIES stock, according to The Wall Street Journal.
The news comes as a new company has emerged in Silicon Valley, an effort by tech companies to bring technology to the public sphere.
The venture-backed venture-capital firm Kleiner Perkins Caufield & Byers announced on Wednesday that it has acquired the popular online video sharing platform, Vimeo, for $1.5 billion.