Tools and Trading Platform
Investors who trade through an online brokerage firm are provided with a trading platform. This platform acts as the hub, allowing investors to purchase and sell such securities as fixed income, equities/stock, options, and mutual funds. Included with the platform are tools to track and monitor securities, portfolios and indices, as well as research tools, real-time streaming quotes and up-to-date news releases; all of which are necessary to trade profitably. Often, more robust research tools are available such as full, in-depth analyst reports and analysis, and customized backtesting and screeners to see how particular investment strategies would have been realized during different historical periods.
Some of the popular online brokers include: E*Trade, IDealing, Scottrade, TD Ameritrade, and Fidelity. Schwab is an example of a hybrid broker combining a traditional, brick-and-mortar brokerage house with discounted trading online, with the usual benefits of both available to customers. Commissions vary from broker to broker, depending on the services included with the account.
Read more about this topic: Investing Online
Famous quotes containing the words tools and, tools, trading and/or platform:
“At the utmost, the active-minded young man should ask of his teacher only mastery of his tools. The young man himself, the subject of education, is a certain form of energy; the object to be gained is economy of his force; the training is partly the clearing away of obstacles, partly the direct application of effort. Once acquired, the tools and models may be thrown away.”
—Henry Brooks Adams (1838–1918)
“Armies, though always the supporters and tools of absolute power for the time being, are always the destroyers of it too; by frequently changing the hands in which they think proper to lodge it.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)
“His farm was “grounds,” and not a farm at all;
His house among the local sheds and shanties
Rose like a factor’s at a trading station.”
—Robert Frost (1874–1963)
“Across Parker Avenue from the fort is the Site of the Old Gallows, where 83 men “stood on nothin’, a-lookin’ up a rope.” The platform had a trap wide enought to “accommodate” 12 men, but half that number was the highest ever reached. On two occasions six miscreants were executed. There were several groups of five, some quartets and trios.”
—Administration in the State of Arka, U.S. public relief program. Arkansas: A Guide to the State (The WPA Guide to Arkansas)