Financial Considerations to Understand as a Student

Private investors, Wealth Builders, Business coach can understand How technology is transforming stockbroking in India. You can also understand this by reading Business Magazines or taking Executive Leadership Coaching.

It is quite easy to understand that technology has transformed the stockbroking in India.  As soon as something new and advancement is introduced in the field of technology you can instantly see the effect on stock market.It is not necessary to tell that the revolution in information technology field also changed the stockbroking in direct manner.we will discuss how technology is helping in changing and improving stockbroking in India and which improvements in technology has major impact on stockbroking in upcoming years.

India is a big country that has over 130 crore population Therefore, it should be no surprise that there are a lot of stockbrokers living and working in India. But this was not true.For many years there were very few if any stockbrokers that operated from India.

What technology changed?

The biggest transformation to the stockbroking scene in India came with the internet. Once the people of India were able to use the internet, they got access to the global market, which made them capable of competing in the stock market

With the internet, came the ability to access relevant information. This technology is transforming stockbroking in India as we say as people are getting better and better in finding out what they need.

If you consider that you can try getting your moving estimate online, working online, and even buying real estate, you can easily see why the internet is the most underappreciated piece of technology.

With the internet, it is easier than ever to keep track of relevant data. through it, they were able to access the global economy and find out how to join the stock market this is how internet help the people of India develop stockbroking

On internet experts have developed different transparency technologies that have helped the stock market in India. These technologies made the internet safe and reliable, which made stockbrokers and broker interactions safe from fraud.

An important change that has to lead to a substantial increase in stockbrokers is the transition from paying 0.5 – 2.5 per cent of the transaction value to about 20 rupees, per trade. This is regardless of the transaction’s nature or value.

Before the internet came along it took a person between 15-30 minutes to execute a trade. But, once the internet came along, the speed of trade execution increased dramatically which also helped in improving stockbroking.