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Online Trading News Archive12-Jan-2009
Market needs better brokerage service (Vietnam Net) The past year was volatile worldwide, and Viet Nam's stock market was no exception. On the opening day of trading on the HCM City Stock Exchange in 2008, the VN-Index reached 921 points, not an historic high but something close.
Trading on a rumor is never a good idea (Worcester Telegram & Gazette) I have had several dumb buys. My most recent was trading on a rumor about a big financial company. When news broke that a deal was going down in which banks were going to buy up shares of the firm, I bought 100 shares. When the dust settled and the deal was done, I had lost $3 per share and the stock was still falling fast. At one point, I was down 34 percent in one week. It was a good learning ...
Size matters online in unstable times (The Age) The online trading market is contracting as customers seek out the larger players with the biggest profiles.
Asian markets trade mostly lower on recession fears - Asian commentary (Nasdaq) (RTTNews) - The stock markets across the Asia-Pacific region are trading mostly lower on Monday as the widely-anticipated U.S. employment data released on Friday came in worse than expected, raising fears of a deepening recession in the world's largest economy.
Federal Bank branch launches online trading in equities (The Hindu) To offer the facility at over 160 designated branches
Exchange clothes online (The Courier Mail) AN online clothing exchange service may help ease the financial strain for those losing or gaining weight, or with fast-growing children.
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