Taking a Look at Pinacle Info. Tech.

This can be seen in financial service providers such as banks, stockbrokers and insurance companies cannot do further business today without having their client-server-based information’s via technology. Internet based technologies, marketing have become more interactive and real time.

Also, 14% of the financial transactions online are equity trades and Edward Jones is missing out on all the volumes through this channels. The case talks about the “self-directed” investors and the “validators” and Edward Jones is losing out on the business from this class of customers by not allowing on line trading.

Banks that offer financial products and services through the Internet must be able to meet their customers’ expectations. Banks must also ensure they have the right product mix and capacity to deliver accurate, timely, and reliable services to develop a high level of confidence in the customers. Customers who do business over the Internet are likely to have little tolerance for errors or omissions from financial institutions that do not have sophisticated internal controls to manage their Internet banking business. Likewise, customers will expect continuous availability of the product and Web pages that are easy to navigate.

With easy accessibility of the Internet, financial information can be disseminated quickly and hence investors are able to make better-informed decisions.

With the correct tool and adequate knowledge, the internet offers tremendous financial potential to everyone. Did you know that the internet is one of the most reliable ways in which you can get wealthy over a very short period of time? Although online trading carries a substantial amount of risk, it is one of the few modern business types that can elevate you to a wealthy level within the shortest time possible. After all, is it not a fact that the riskiest businesses are also the ones with the highest returns?

In this essay I will be writing about Online Banking, its use, how it evolved, impacts and how it benefited the global businesses. In late 1980s, the term online banking became popular. But in 1990s, the financial institutions implemented the online banking services. Initially it took some time to adopt the customers to do monetary transactions through online banking. Afterwards, with increasing use of computers, internet and World Wide Web, banks introduced new form of banking called Online Banking. It is a service from a bank to perform banking transactions through internet. Transactions like paying bills, transferring funds, applications and payments over loans & mortgages, accounting statements viewing, viewing account’s transaction history, looking for products and services provided by banks, getting answers of queries instantly.

Advice and mentoring from a professional broker is absent in online trading which may leave the investor to fend for himself and make own investment decisions.

In today’s market, it is essential to have at least a minimal understanding of financial information

The use, acceptance, adoption and application of internet technology to businesses to boast their performances are not something new. Saffu et al., (2008), states that there has been a significant increase in the use and application of e-commerce in businesses in the past decade. E-commerce has benefits such as reduction in costs, increased business opportunities, reduced lead time and providing more personalized service to the customers (Turban et al., 2008). Internet banking or e-banking is one of the many tools of e-commerce adopted by the banking industry. Tools of information technology such as internet banking have significantly improved the quality of services offered by the banking

Most trading is no longer done in person, or even by a person. Up from 0% in 1995, more than 70% of stock transactions in US equity markets are done by autonomous computer-based trading algorithms [2, 3]. Referred to as high frequency traders (HFT), these consist of machines programmed by mathematicians that trade stocks with strategies not derived from conventional investing theory, but by earning fractions of cents at a time identifying random imbalances across the market many times a second. Despite being an established practice, HFTs are not foolproof and generally earn money on just over 51% of executed trades [58]. Although such methods may initially not seem lucrative, enormous volumes of trades HFT’s perform make such strategies consistently profitable in the long run ( law of large numbers) and accumulate earnings of pennies into substantial amounts [45]. In 2009, despite only accounting for 2% of Wall Street firms, high frequency traders made estimated aggregate profits of $7.2 billion dollars [4].

Brokerage firms serve a demographic of speculators who exchange open stocks and different securities, through the firm's agent stockbrokers. A conventional, or "full service," brokerage firm generally attempts more than simply carrying out a stock or bond trade.The staff of this kind of brokerage firm is endowed with the obligation of examining the business sectors to give suitable proposals and in doing as such they coordinate the activities of pension fund managers and portfolio managers alike. These firms also offer margin credits for certain approved customers to buy investments on credit, subject to concurred terms and conditions. Conventional brokerage firms have also turn into a wellspring of up-to-date stock price and

Bursa Malaysia introduced e-Community platform which is the Bursa Market Place in which it is a place for new investors to learn, practice, understand and get started to trade in the market place. This market place is to provide latest and accurate financial information to traders or investors. Investors can trade like a savvy trader via this Bursa Market Place. Hence, the launched of this market place is able to encourage more retail participants to trade as the Bursa Market Place is so convenient and safe for traders to trade besides, investors can actually gain insights regarding the stock market shares and research on trading charts for different period. On the other hand, another purpose of Bursa Market Place is to encourage Generation Y to participate in this capital market and to build the interest of Generation Y to trade or to be an

Floor trading is described as where traders or stockbrokers meet at a specific venue referred to as a trading floor or pit to buy and sell financial instruments using open outcry method to communicate with each other. These venues are typically stock or futures exchanges, where transactions are executed by members of the latter financial products using specific language or hand signals. During the 1980s and 1990s phone and electronic trading replaced physical floor trading in most exchanges around the world. Technologies for recording, displaying, and memorizing price data opened up ways of monitoring and analyzing “market behavior” which otherwise would not have been possible. The accelerated expansion of computer technologies was preceded and encouraged by regulatory involvement with data-recording, generally understood as the continuation of a longer process of definitional transformations. This essay aims to analyze the advantages and disadvantages of ECN platform compared with the traditional, face to face

In today’s technology driven society, information systems are changing the financial markets. Modern day electronic trading has given direct market access to retail traders and investors. Stock trading used to require face to face trading or calling your broker over the phone. The market was illiquid in lots of areas such as options, short selling, and smaller cap stocks. The transaction costs were also costly. Improvements to electronic trading brought the market faster order executions, liquidity due to the increase in trades and frequency of trades, reduction of transaction costs, more competition, smaller bid-ask spreads, and easier accessibility. Advancements in information systems leveled the playing field whereas most trader and investors can now received data and news at the approximately the same time. It also made possible for the average retail trader or investor to trade from home or even on the go on a mobile device. There are many electronic information systems that have improved electronic trading and have opened the stock market to new possibilities. This research paper will examine some of the information systems that have given us the modern day electronic trading in financial markets and the highly debated high frequency trading (HFT).

Explore the market segments: View the number of financial market segments accessible to you in the virtual trading account and get accustomed to the way they behave