Thursday, 27 August 2009

What is Internet Trading?

Investors now have Web access to market data, company information, and educational materials, which greatly reduce the intermediation issues of investing.

The online investor gains convenience and saves time with direct access (through the stock broker) to trading systems and 24-hour access to information.

A benefit of online trading is the improvement in the speed of which transactions can be executed and settled, because there is no need for paper-based documents to be copied, filed and entered into an electronic format. Moreover, with the Online-Trading system, you can execute your trades online. Therefore, you have the benefit of making your own decisions. Eighteen member firms of the Colombo Stock Exchange (CSE) provide online trading facilities to investors. Therefore, you can invest in the Colombo Stock Market from your own home/office.

Online trading platforms offer

- Direct access to trading

- Access to market information 24x7

- Global Reach

- Stockbroker research on listed companies

The safety of transactions on the Internet depends on the systems used. Online stockbrokers of the CSE have implemented security, technology and fraud prevention methods to provide protection for all users of the online trading facilities. Once you open an online trading account, you will receive a secured user ID and password, the secrecy of which should be maintained by you.

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