Trading Tools


Trading in the money markets is becoming simpler with the passage of time. Technology is always finding new ways to connect man and his money. The development of the world wide web and internet has played an instrumental part in the initial progress of the trading world. People now trade mostly online leaving out the paper work which used to be cumbersome and complicated. Simple documentation which is easy to understand and only a few clicks later people can now purchase equity shares, bonds, company deposits. The age old practice of holding onto and physical transfer of certificates is now electronic and takes a maximum of three to four working days to move from seller to buyer.

The main tools as on date are the electronic trading and electronic D Mat account. The trader with only a few clicks of the mouse transfer to or withdraw money from his trading account and subsequently purchase or sell shares. The shares are then held in the DMat account by direct transfer. The paper work is thus greatly reduced. Most firms also offer added facilities like advisory services where in a qualified professional will chalk out investment plans and tax angles with an investor. Trade by phone - where in an investor needs only to call the help line and place a request to buy or sell his shares; Intraday tips given by broking firms may be used to make money on a daily basis. The latest being mobile alerts of account status, stock prices and market conditions.

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