Technology And The Stock Market Essay -- essays research papers

The habit of this seek paper is to prove that technology has been good for the stock good deal. thank to technology, there are now more wilinessrs than ever because of the ease of calling online with firms such as Auditrade and Ameritrade. on that point are also more stocks that are doing well because they are in the technology field. The New York Stock flip and NASDAQ shed both benefitted from the recent technological movement.The big board says they are sanctified to maintaining the most efficient and technologically advanced marketplace in the world. The make out to that leadership has been the state-of-the-art technology and systems development. Technology serves to support and enhance the serviceman judgement at point-of-sale. NASDAQ, the worlds first fully electronic stock market, started profession on February 8th, 1971. Today, it is the fastest growing stock market in the United States. It alo ranks second among the worlds securities in monetary value of dolla r value. By constantly evolving to meet the changing needs of investors and commonplace companies, NASDAQ has achieved more than almost any other market, in a shorter peak of time. Technology has also helped investors buy stocks in other markets. Markets used to clear(p) at standard local times. This would cause an American trader to residual through the majority of a Japanese trading day. With more online and afterhours trading, investors have more access to markets so that American traders can still trade Japanese stocks. This is also helped by an expansion of most market times. Afterhours trading is available from most online trading firms. For investing specialists, technology provides operational cogency for handling more stocks and greatly increased volumes of trading. Specialists can follow extra sources of market information, and multiple trading and post-trade functions, all on one sort at work or at home. They are also given over interfaces to upstairs risk-managem ent systems. They also have flexiblity to rearrange their physical workspaces, terminals and functional activities. flooring brokers are helped with supports for an industry-wide effort to compare buy/sell contracts for accuracy curtly after the trade. They are also given flexibility in establishing w... ...e hold is a mobile, hand-held device that enables brokers to recieve orders, disseminate reports, and send market looks in both data and image format, from anywhere on the trading floor. Intermarket transaction System is a display that was installed in 1978 linking all major U.S. exchanges. ITS allows NYSE and NASDAQ specialists and brokers to compare the price of a security traded on multiple exchanges in order to get the best price for the investor. These are the machines that have helped greatly increase the buying and selling of stocks over the noncurrent few years. There are great advantages to trading today over the situation that past traders had. The biggest benefici aries of this new technology are investors themselves. They have all day to trade instead of trading only during market hours, they have more stocks to charter from, and the markets are very high so people are making a lot of money. In conclusion, I have discovered that the research I have done on this project has revealed what I originally thought to be true. That is that the stock market has greatly benefitted from the recent advances in technologies.