type private industry fantasy trading founded february 2011 company founded may 29 2013 website released founder lewis schlossberg and laurence cohen headquarters bryn mawr pennsylvania area served worldwide website wallstreetmagnate.com wall street magnate is a stock trading simulation and community website . it has 25 000 users as of july 2013 . 1 participants are given 100 000 in imaginary currency to build their fantasy stock portfolio . 2 3 stocks are traded on the website based on data from the new york stock exchange nasdaq and amex . the site also includes social features for users to join clubs compare portfolios track a connection s investments or compete for better scores . 4 the idea for wall street magnate was conceived by a securities lawyer lewis schlossberg and a stock trader laurence cohen in november 2010 after watching the social network . 2 5 6 it was incorporated in february 2011 7 and remained in beta for one year while college students held competitions on the site . 8 in may 2013 wall street magnate officially released and was made available to the public . 1 references edit a b johnson ben july 11 2013 . fantasy trading site allows users to play the stock market . marketplace tech . american public media . retrieved september 12 2013 . a b arvedlund erin september 26 2013 . your money fund managers adjusting for low interest rates . the philadelphia inquirer . retrieved september 26 2013 . rajmil miguel july 26 2013 . technological advances that change the world in spanish . fox news . retrieved september 12 2013 . needle david june 6 2013 . new fantasy stock trading site sees big opportunity in mobile . tab times . retrieved september 12 2013 . consumer friendly stock simulation wall street magnate . boot camp . june 20 2013 . retrieved september 12 2013 . pena maria june 18 2013 . learn to invest in wall street ... for free in spanish . univision . business entity filing history wall street magnate pennsylvania department of state retrieved september 12 2013 shu catherine july 2 2013 . packed with real time data fantasy trading site wall street magnate demystifies the stock market . techcrunch . retrieved september 12 2013 . external links edit official website retrieved from https en.wikipedia.org w index.php title wall street magnate & oldid 738168473 categories internet properties established in 2011hidden categories cs1 spanish language sources es official website different in wikidata and wikipedia navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 7 september 2016 at 09 50 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view