Role of Technology and IT World in Share Market Tips
Share Market Trading is full of complexities that make
some people do not understand how it moves upward and downward. Let us see how
information technology plays a strong role in stock market development.
A Stock Market is a public market for the trading of
company stock and derivatives at an agreed price; these are securities listed
on a stock exchange as well as those only traded privately.
The unpredictable behavior of the stock market gave it
a tag of- “a volatile market”. But it is the market sentiments that ride the
market drastically.
In this 21st century, the IT plays an
important role in all sectors of Indian Economy. In previous times, stock
trading is done through stock brokers, personally or through telephones. As
number of individuals trading in stock market facing serious problems in most
recent couple of years, like interior locations, occupied telephone lines,
miscommunication and so forth belongs to stock brokers.
How Information Technology Provides Support
through Online Stock Trading
Information technology (stock market software) helps
stock brokers in taking care of these issues with online stock trading. It is
an internet based stock trading office. Investor can exchange shares through a
website with no manual intercession from stock Broker. For this situation these
online stock trading companies are stock representative for the investor. They
are enrolled with at least one Stock Exchanges. For the most part online
trading websites in India exchanges BSE and NSE.
There are several financial expert advisories who
provides sure shot intraday trading tips in from of stock cash tips, stock
option tips and stock future tips
for equity market. And For Commodities there are commodities expert who analyze
commodity market and derive best mcx tips and commodity tips.
Installable Software Based Stock Trading Terminals and
Web (Internet) Based Trading Applications are two different type of trading
environments available for online equity trading.
Installable Software Based Stock Trading
Terminals
These trading environments require software to be
installed on investor’s computer. This software is provided by the stock
broker. This software requires high speed internet connection. These kind of
trading terminals are used by high volume intraday equity traders.
·
Orders directly send to stock exchanges
rather than stock broker. This makes order execution very fast.
·
It provide almost each and every
information which is required to a trader on a single screen including stock
market charts, live data, alerts, stock market news etc.
Web (Internet) Based Trading Applications
This kind of trading environments doesn’t require any
additional software installation. They are like other internal websites which
investor can access from around the world through normal internet connection
such as:
·
Display real time market watch,
historical data, graphs, etc.
·
Investment in IPOs, mutual funds, and
bonds.
·
Check the trading history: demat account
balance and bank account balance at any time.
·
Provide online tools like market watch,
graphs and recommendations to do analysis of stocks.
·
Place offline orders for buying and selling
stocks.
·
Set alert to inform you certain activity
on the stock email or sms.
·
Customer service through email or chat.
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