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Towards a more flexible trading approach

Discussion in 'Business & Tax Advice' started by boofer, Mar 17, 2010.

  1. boofer

    boofer Newbie

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    [FONT=&quot]The advent of online trading has resulted in major changes in the financial sector. The http://www.worldtradesource.com/ offers innovative tools that help in faster and efficient management of the trading activities. Some of the advantages include,[/FONT]
    [FONT=&quot]? The brokers no longer go to the ?pit? in the trading ring[/FONT]
    [FONT=&quot]? They now key-in orders/quotes on the Trader Workstations (TWSs) from their offices[/FONT]
    [FONT=&quot]? The system provides a combination of order and quote-driven system[/FONT]
    [FONT=&quot]? The priority is given to the quote-driven system[/FONT]
    [FONT=&quot]? The order book functions as an ?auxiliary jobber?[/FONT]

    [FONT=&quot]Actually the modern system serves two purposes:[/FONT]
    [FONT=&quot]? It allows retention and matching of orders against one another when no quotes exist in the system for a particular scrip[/FONT]
    [FONT=&quot]? It improves the price competitive character of the market, in case the investors are willing to deal at prices better than the current best quote[/FONT]

    [FONT=&quot]The nationwide expansion of the BSE Online Trading (BOLT) has led to a major revolution. In the initial stages, BOLT was available to the brokers of the stock exchanges based in Mumbai. The expansion of ?BOLT? nationwide required[/FONT]
    [FONT=&quot]? Permission from the Securities and Exchange Board of India (SEBI)[/FONT]
    [FONT=&quot]? A nationwide network that is highly secured and operational at all times[/FONT]

    [FONT=&quot]After the major developments in the online stock trading platforms, the currency trade also has overtaken the online stock trading platforms by storm within a short span of time. In all forex trade platforms, the main prerequisite is that a trader must have a bank account and also significant financial reserves under his control. Since the currency market is prone to wild fluctuations, he should not be out of the business due to a minor loss.[/FONT]
     
  2. craigs

    craigs Regular Member

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    You think this shit will actually work on a BH forum?