trading and information sources l.
Skip this Video
Loading SlideShow in 5 Seconds..
Trading and Information Sources PowerPoint Presentation
Download Presentation
Trading and Information Sources

Loading in 2 Seconds...

play fullscreen
1 / 25

Trading and Information Sources - PowerPoint PPT Presentation

  • Uploaded on

Trading and Information Sources. Presented by: Chen Cheng-Chung James Eisenman Hiren Ghala Jason Oien. Trading. The Trading Procedure. The analyst has an idea to buy/sell The analyst convinces the portfolio manager (PM) to take action The PM tells the internal trader to buy/sell

I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
Download Presentation

PowerPoint Slideshow about 'Trading and Information Sources' - KeelyKia

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.

- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
trading and information sources

Trading andInformation Sources

Presented by:

Chen Cheng-Chung

James Eisenman

Hiren Ghala

Jason Oien

the trading procedure
The Trading Procedure
  • The analyst has an idea to buy/sell
  • The analyst convinces the portfolio manager (PM) to take action
  • The PM tells the internal trader to buy/sell
  • The internal trader calls the best broker with the order
  • The broker calls the commission broker on the exchange
  • The commission broker goes to the specialist who completes the deal
the back office trading procedure
The Back Office Trading Procedure
  • Broker executes trade (sell/buy)
  • Broker informs Deposit Trust Corporation (DTC) about trade (sell/buy)
  • DTC informs State Street Bank (custodian) to transfer shares/cash to the DTC
  • Shares/cash are transferred to DTC with T+3 business days
  • DTC transfers shares/cash
determining who to trade through
Determining who to trade through
  • Quality of service
  • Research
  • Relationships
  • Costs
trading costs
Trading Costs

Actual Cost % Cost

  • Commission 6 cents/sh 12 bps
  • Market Impact 9 cents/sh 20 bps
  • Delay Costs 24 cents/sh 53 bps
  • Missed Trades 8 cents/sh 16 bps

Total 47 cents/sh 1.01%

* Plexus Estimates

who will you trade through
Who will you trade through?
  • Our Broker List

-Prudential Securities

-Salomon Smith Barney

-A G Edwards and Associates

-Voyager Institutional Sales

when to execute trades
When to execute trades
  • Timing is everything
  • Depending on the urgency trades will be executed the same day or the next day
  • Trading volumes are usually low before the market closes
types of orders
Types of Orders
  • Market
    • Order is executed immediately
    • Execution of order is time sensitive
types of orders10


Price above the limit

Price below the limit

Limit-buy order

Stop-buy order



Stop-loss order

Limit-sell order


Types of Orders...
  • Limit
benchmark information
Benchmark Information
  • Standard and Poors
economic information
Economic Information
  • Bureau of Economic Analysis
  • Bureau of Labor Statistics
economic info con t
Economic Info con’t
  • Federal Reserve Board
market websites
Market Websites
    • Comprehensive site
  • First Call
  • Reuters
    • Reuters StockVal
specific company info
Specific Company Info
  • Yahoo Finance – financial data, reports and quotes
  • Wall Street Journal – data and news
more financial websites
More Financial Websites
  • - Technical Analysis - Charts using support and resistance levels
  • Wall Street Week - Industry Executives giving their thoughts and picks
  • Etrade Financial - Trading website that provides a minimum amount of info to non-members
analyst reports and financial data
Analyst Reports and Financial Data
  • Multex – Analyst reports from various firms
  • The Street
  • Motley Fool
  • Bloomberg – Analyst reports, exchange rates, quotes
  • Value Line
  • Morningstar – data and analyst reports
annual reports and filings
Annual Reports and Filings
  • Edgar Scan - 10 K’s and Q’s
  • – for 10 K’s and other company specific reports
  • Annual Reports Gallery
  • Together they are the two of the most prevalent ratings firms on Wall Street
sell side websites
Sell Side Websites
  • A.G. Edwards
  • Bear Stearns
  • Merrill Lynch
  • Prudential
  • Salomon Smith Barney
  • UBS Warburg
financial website practice
Financial Website Practice
  • Yahoo Finance
  • Stock Research
  • Basic Report
  • Detailed
  • Chart
  • Research
  • Msgs
financial website practice23
Financial Website Practice
  • How to manage a portfolio?
  • Open a portfolio account
  • Sign in
  • Sector overview
  • Create your own portfolio
  • Manage your Portfolio

-Example market index

-Basic feature

-Advance feature

financial website practice24
Financial Website Practice
  • Useful Tools
  • Recent news & Financial news
  • Education - investment tips

- financial dictionaries

financial website practice25
Financial Website Practice
  • Morningstar
  • Snapshot
  • Morningstar grade



-Financial Health