What are the most innovative technologies that Stock Brokers work on?

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RE: What are the most innovative technologies that Stock Brokers work on?

Vaibhav Bhutra
Vaibhav Bhutra
Verified Career Expert
Career Counselor/ Director at Educomp Vidyamandir Classes
  • Surat
Stock Brokers
Dear Friend,

Greetings of the day!!!!

Stock Brokers need to be quite equipped technologies since the need for high end communication and analysis is quite essential to capitalise on the opportunities of trading available in market during trading.

Stock Brokers has a main role to inform the clients about the stocks or sectors and based on the inputs clients provide trades or business to the brokers.

Over the last few years there are few technologies which has provided edge to the stock brokers to effectively service clients by effectively servicing the clients. Few of them are listed below

1) BLOOMBERG : Bloomberg or BBG is one of the software which has became a essential for large clients and brokers for communication, analysis of stock, its volume analysis, result analysis and many more multiple things

2) REUTERS : Reuters is one of the fastest news portal which is helpful for fast information and news which one require for ahead of market for getting the good rates

3)News wire : This is again one of the news portal which provides lot of information about stocks and sectors on policy and regulations

4) Trading Platform : In Stock market there are multiple trading platform and software and each have lot of functions so its important to get the desired return from a technologies

5) Communication : The most important role for broker is communicating at the right time and thus all the communication medium which has highest reach are needed for broking.

I hope your query is resolved

Wish you all the best!!!

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