More so in today’s world than any other time in history
businesses are turning to mobile technologies that allow their businesses to be
connected throughout the world. Advances
in technology have allowed business owners to expand their business in ways
never dreamed of before. Many pieces of
hardware and software have helped this process progress to where it is now. In
particular if you look at investment banking and financial companies mobile
technology has connected people in places like never before. Everyday day
traders can create portfolios entirely on their own without advisors and
investment managers, Tablets and smart phones allow investors to track stocks
and trade in real time from anywhere in the world. There are software companies
that can be purchased online, like E-Trade and Share Builder, give traders up
to the minute stock information, giving the investor the best knowledge on a
company before purchasing stock. Microsoft excel is another software which
benefit normal everyday stock traders. They can keep track of purchases, profit
margins, and sales all on complete, neatly laid out spreadsheets. Databases of
past stock information are beneficial as well. Charts that track the history of
the companies stocks whether it be up or down, allow investors to see how the
history of the stocks price will possibly project how the stock’s price will be
in the future. This would tell the investors his probability of getting the
best return of investment as possible. International markets are also now more
open then they have ever been before. Online applications give real time
international stock prices as well, just as it would for domestic stocks. This
allows traders to trade all hours even when some markets are closed, other
international are open and easily accessed for trading.
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