What is a business room?
Business room concerns office space where orders of purchases and sales are made on the financial markets. Experts conducting these orders are called traders and their task is to try to benefit from short -term changes in market prices. The trading room can also be referred to as a trade floor and many of these offices are contained in mediation houses, some of which are part of the largest investment banks in capital cities around the world. Electronic trading, which relies on the use of computers and other technological devices, has also made it possible for some shops to flourish outside the capitals. The stores are performed either electronically, for example via a computer, or verbally and over the phone. Usually, the UD locancedles room with television screens located for traders is to hear the latest broadcasts on financial markets on trade channels. If shares are listed on business TV, usually DochIt is an immediate purchase or sale of activities in this security that traders try to earn and earn.
Exchange are where purchasing and sales orders are actually carried out, and contain a business room where specialists feed and brokers carry out shops or where the electronics are used to facilitate orders. A business room full of live specialists is known as a system of open pieces. In this system, traders rely on manual signals to communicate business data, such as how many security they buy or sell.
Some stock exchanges, including NASDAQ in New York, are completely electronic and almost completely depend on computers to carry out shops. Electronic trading has a part of the human element involved in trading. As brokerage companies and exchanges have accepted this faster business method, thousands of traders lost their jobs. Hybrid Exchange,Including the New York Stock Exchange Euronext, the merger between the two largest stock exchanges in New York and Paris, they have a combination of both electronic and open system.
Business rooms on large stock exchanges can be devoted to specific assets such as stocks, bonds or commodities. Financial transactions are monitored by the regulatory agency for financial markets in a particular region. Traders often earn fees and compensation based on the number of trades they carry out, as well as the price at which securities are purchased and sold.