The Basics And Advantages Of Trading Online

Friday, March 4, 2016

With modern mass communications technology, everything seems to have changed, from the way we call in sick to the way we make life changing decisions. With modern mass communications facilitating everything from the nickel and dime sale of individual songs to brokering massive deals that shake entire industries, the rules have changed with the advent of the internet and similar technologies on the public market. One particular way mass communications technology leaps have altered the world financial system is through the process of trading online, also know as investing online. This process is fairly simple, yet a mere twenty five years ago it was unthinkable.

What's Trading Online All About

Trading online is the process of investors and traders buying and selling securities over an electronic network, typically a network hosted by a brokerage firm. Where once the process was a system where by stock orders were sent over telephones from investor to stock broker to trading floor, now the process is facilitated with specialized software adopted by most major stock exchanges. The advent of software of this type began with K. Aufhauser & Company (which was later acquired by the online brokerage firm TD Ameritrade) and a program called “WealthWEB” in August 1994. The service took off in the late 1990s, with competing firms and programs flooding the market. With the temporary economic boom bubble of the era, millions began to buy and sell stocks online and trading online was the wave of the future.

The advantages of online trading are fairly significant. Orders for stock buying and selling can be entered directly into electronic communications networks, which can also facilitate private trades with other investors. Some buy and sell orders entered online still go through a stock broker, allowing brokerage firms to approve and monitor trades, with the intent of protecting clients and firm alike from illegal or wrong traders that could make an impact on the client's investment portfolio or the firm's license to practice their business.

Can't Do It Without Brokers

In the United States, most of these online brokers are referred to as discount brokers, seen as a way for less than wealthy people to try and invest in a still volatile stock market. In Europe and Asia, less than wealthy investors do use these services, but “online brokers” also work with individual investors with high net worth. The popularity online brokers is mostly a matter of the speed and ease of entering orders compared to traditional brokerage firms and a lowered amount of fees and commissions.

These processes are made possible by platforms for trading online as they that act as a digital hub, through which investors are able to buy and sell securities ranging from equities and stocks, stock options, fixed income and mutual funds. These programs also include functions that track and monitor the client's securities and investment portfolio and indices. Most programs also include research tools to assist in decision making, as well as real time streaming stock quotes and financial news updates of interest to the individual investor and their specific portfolio.


3 Common Visa Processing Hold Ups

Monday, June 8, 2015

Preparing for travel or relocation abroad is a time-intensive process that involves plenty of paperwork and planning. When dealing with visa processing, there are various hold ups you may be faced with that can hinder your departure plans. Of all the scenarios that can occur, there are three very common visa processing hold ups that you should prepare for in the event that they come your way.

All government visa-processing agencies are busy with cases to process. It is very common that you will be on a waiting list for your visa or travel documents to be completed. Depending on the size of cases before yours, this will greatly affect how long it takes to get your case processed. The more legible you complete the required documents and the more essential documents you include with your file, the better chances you have of getting your visa processed quickly without any hold ups. If you find that it has taken longer than the advertised time for your visa application, it is always a good idea to email the government agency in charge of your file. Keeping track of your postal package and bank account will also be a good indicator for when your file has been received and paid for.

Every so often there are human errors that can occur when dealing with visa applications. Processing delays can happen if your file gets lost in the system or your application has been sent to the wrong address. If you have moved and you have not updated your new mailing address, there is a chance that your application can get lost in the mail or sent to your old address. If this is the case, make sure to have all your mail forwarded to your new address and check in with the local post office to see if they are holding any of your mail. If changes to your address or other important information has occurred after filing your visa application, get in contact with the government visa and passport agency to update your information. If you are suspicious of your file getting lost or misplaced, make sure to contact the visa-processing agency by email or by telephone if they have a customer service line. If your file has been lost, you want to give yourself enough time to either get a refund or start a new application before your intended dates of travel.

With some visas, you may receive a letter from the visa and passport agency asking you to respond or send them supplementary documents. If you haven’t corresponded in the timeframe requested for important documents, your case will be delayed. If you are on holiday or are unable to respond in the specified timeframe for various other reasons, you should plan ahead so that a trusted friend or family member can mail off any required documents for you. In the case a signature is required, you may be able to request an extension on the deadline for your response.

Although there are no definite dates that you can be given of when to expect your completed visa application back—as processing times vary depending on your circumstances—there are ways to manage your visa application and keep track of its status. You should be able to reach the government agency in charge of your visa application via email, but keep in mind that the response time may be quite slow due to high customer inquiry volume. Try to stay patient in the time it takes to get your visa application back, but if you feel you will not have your documents returned to you by the date of your intended travel, you may need to contact the visa application agency frequently or hire an attorney to investigate your case.