Undoubtedly, the Internet has been a game-changer for execution-only trading services. The ability to deal direct with markets has reduced latency and improved efficiency. Consequently, the number of global day traders has increased dramatically due to greater accessibility. This places constant pressure on execution-only brokers to deliver high-end services while maintaining a competitive edge on pricing.
High-speed Internet is important
Cast your brain back to the dial-up Internet, which was, in essence, the start of the Internet revolution. Fast forward 30 years, and the speed and efficiency of Internet services available today are incomparable to those of yesteryear. Even today we are still seeing improvements in Internet speeds and more stable and efficient services. This all plays into the hands of execution-only traders. Often trading on relatively small margins, day traders require low latency services and competitive rates.
Here at GIS UK Ltd, we constantly test and incorporate the latest trading technology. We appreciate that time is of the essence for all traders, especially day traders. Only by delivering high-speed services can we remain competitive and attract the enormous trading volumes we transact each year.
Greater access to research
The latest news, views and reviews are now available at the touch of a button. If you also incorporate previously unheard of access to high-quality research, the information is out there if you have the time and energy to seek it out. While ultimately, any trading decisions will be yours and yours alone, it is essential to read about and acknowledge different opinions. Whether you are trading on fundamentals, technical analysis or a mixture of the two, opportunities emerge daily.
As a day trader, you must have confidence in yourself and the courage of your convictions. Knowledge is power, but how you use that power will dictate whether you are successful.
Real-time news delivery
Whether you are monitoring company results, geopolitical issues, or the latest central bank announcement on interest rates, real-time news delivery is integral to any day trader's arsenal. While markets often react in an instant on real-time news flow, you may be able to obtain a competitive edge over other traders with fast reaction times. However, even though speed is of the essence, it is crucial to maintain a degree of control and clear thinking. Those guilty of knee-jerk reactions can often pay the price further down the line!
Delivering high-quality services at competitive rates
Confidence breeds success in any service industry, and the financial sector is no different. As we strive to incorporate the latest technology to maintain and improve service quality, this allows us to maintain a competitive edge on charges. High-volume day traders tend to operate on relatively thin margins; therefore, a competitive pricing structure is essential. However, this competitive pricing edge must not be to the detriment of low latency trading services. A tricky balance!
There have been considerable developments in the execution-only investment market in recent years, with the introduction of new technology at the forefront. As more investors look to do their own research, the execution-only market will continue to grow, as will competition amongst brokers.
Summary
Embracing technological advances has always been front and centre for GIS UK Ltd trading services. We are conscious of finding the balance between top quality services and a competitive charging structure. Indeed we have just published our new schedule of charges which is more competitive than ever. While we never rest on our laurels, we have cleared more than 250,000 transactions over the last three years, with a combined value of over £50 billion.
This speaks volumes for GIS UK Ltd and the services we provide. Please click on the link below to see our new Schedule of Charges.