Technology drives the modern world, and it has been making noticeable tracks in the world of finance in recent years. Investments and stock trading have always relied on the foundations of rapid communication and research; when information is being used to make decisions that can earn, or lose, millions of dollars, it must be accessible at all times. Now more than ever, stock markets, sales floors, share indexes, and online investments demand security, immediate availability, and easy communicability. Investors and bankers alike must be able to trace money, research opportunities, and make snap decisions. Enter technology. The growth of the internet has been key in giving investment and finance a massive boost, and investors and traders are now able to access a wealth of advice, receive global updates, view information in comprehensive graphics and charts, and secure areas at the click of a button, no matter the time and place. This is investment in real time. Technology has, essentially, made the stock market instantly recognizable, immediately accessible, and cutting-edge. Advanced communication networks, such mobile technology, allow trades and investments to happen instantly. While it saves mere nanoseconds in some cases, this technology is making people richer than ever before – or losing money in a split second.
For a glimpse into the world of technologically driven investment, look no further than Peter Briger, the current President and Co-Chairman of the Fortress Investment Group. As CEO of one company that is benefitting from a myriad of technological advancements, Mr. Briger knows just how successful the world of investments can be with a little help. He has been a member of the management committee since he joined Fortress in 2002. Peter Briger has seen firsthand the ways in which technology and digital advancements can make the stock markets rise, or fall. He is able to advise on changing financial markets, and is qualified to direct people towards sound investments. He is aware of technological advancements and their uses, as well as putting his observations into practice at his own firm. Mr. Briger is able to use his knowledge to better equip those entering the world of investments. You can learn more about Peter Briger on CNBC.
Key tools, gadgets and programs in use in the investment world
The world of stock exchange and investments might conjure images of busy sales floors, numbers yelled at incredible volume, and suited men competing for information; not so anymore. Many investments, and changes to the stock market, are now done remotely, and can be achieved far faster than human reaction. Enormous volumes of stocks and bonds are traded by a myriad of computer chips, programs, algorithms and mobile apps; these are the tools of the financial future.
Computers, now more than ever, are running the stock market, and are in charge of making decisions, brokering deals, and transferring information. In addition to in-office computer programs and algorithms, there are now numerous apps, such as TradeKing, that allow brokers and businesspeople to keep an eye on the market and make investment decisions wherever they are in the world. Once a science fiction notion, lasers are being used more and more during daily life, common in medical procedures and industry, and now on the stock market. The New York Stock Exchange’s main tower, its primary relay to NASDAQ, has recently been fitted with a device that will support an ultra-high-speed laser network, linking the stock exchange more accurately, and quickly, than ever before.
Technology is rapidly changing the world, from the way people live on a daily basis, to the ways business are run, industry is operated, and even the processes in which finances are accessed and controlled. Lasers, computer algorithms, mobile apps, and chips were once the stuff of science fiction. Now, however, they are very much a reality, and are driving the world of investment and stock forward at a pace humans can hardly notice.