Real-Time Stock Information
Stock trading and information changes not only quarterly, when companies report their earnings and performance, but also daily and hourly. Serious investors in the stock market find great value in the ability to track and monitor stock prices in real time. Investing was more passive until technology advancements made real-time trading and information the norm, not the exception.
-
History
-
The Internet revolutionized the world of stock investing. Online access has eclipsed waiting for the morning paper and its stock listings, or for a stockbroker to get in to the office to stock prices. Before cell phones and the Internet, stock investors used land lines to call brokers to place trades. They also needed to hand-deliver or mail investment money to the broker. That process was time-intensive compared to today's methods.
Types
-
Real-time stock information today can be found through multiple channels such as instant phone communication with investment professionals, streaming stock prices online, real-time trading through online trading accounts, and instant availability of information through the Internet and 24-hour television.
Even funding accounts has moved to real time, as funds can be immediately transferred to accounts to further speed up the trading process.
-
Benefits
-
Real-time stock information can be found in multiple places, which makes it easily accessible to anyone. Streaming stock information can be found and viewed on a PC, laptop, cell phone, smart phone or personal digital assistant. Users can subscribe to instant-alert systems, set up by ticker symbol, to stay even more connected to happenings as they occur.
Even earnings calls by companies, once reserved for the elite few who could afford the long-distance charges and were privy to the dial-in information, can be found in real time through an Internet connection.
Warning
-
Real-time information helps understand the market, but overreaction can backfire. Sometimes, too much information can be detrimental for individual investors who do not invest in the stock market full-time.
A good example is someone reading too much real-time information that is negative about a company in which they own stock, and reacting by prematurely selling their shares. Real-time information needs to compared to other information to make sure that it is relevant not only in real time, but to the days and weeks to come.
Potential
-
Real-time stock information continues to permeate daily life of even the most small scale stock investors. As smart phones and computers become more portable and as we become more dependent on them, real-time stock information will keep growing in popularity. The availability and ability to receive real-time stock information has helped create a better-educated generation of investors.
-
References
- Photo Credit mouse click image by Akhilesh Sharma from Fotolia.com stock market analysis screenshot image by .shock from Fotolia.com