London’s Canary Wharf. “There is a need within the industry for serious traders to be rewarded for their trading.” Photograph: Matthew Lloyd/Bloomberg A group of London-based Irish traders have set up what they describe as a “virtual hedge fund” to allow investors to track the best-performing traders. Coalface has already signed partnership agreements with four leading online trading platforms: ADS Securities London, CMC, FXCM and FX Pro. The performance payout is weighted in favour of those who perform best – but also reflects the size and frequency of trades. Once the platform reaches a critical mass of users, Coalface...