Common Issues On Trading Floor Support

A trading floor refers to a literal floor in a building where equity fixed income futures options commodities or foreign exchange traders buy and sell securities.

Common issues on trading floor support.

Types of traders on the trading floor. However this method is hit or miss. These are the seven most common it problems that small businesses face. Trading floors are found in the buildings of various exchanges such as the new york stock exchange and the chicago board of trade.

Floor brokers are the most common type of traders. Through extensive conversations with many executives about their it situations some common themes have emerged. I ve made a list of the 5 common difficulties in trading faced by those starting out. One thing you must know i went through all of them.

It turns out that there are many types of traders on the trading floor. I started out as trade floor support in a futures trading house then progressing up the ladder decided to move to a us hedge fund in the city. That s why confusion is part of the difficulties in trading. Plus you can end up with too many levels that don t mean much at all.

Before the electronic era trading relied heavily on these trading floors. The basics of support and resistance consist of a support level which can be thought of as the floor under trading prices and a resistance level which can be thought of as the ceiling. Here are the most prominent ones floor brokers. The main issue is that the most common knowledge with drawing support and resistance levels is that they must be drawn at an area that looks like there was resistance in a price moving upwards and downwards.

The floor where trading activities are conducted. The general purpose of a trading floor is to give traders a specific place where they can buy and sell stocks and options. Sometimes many traders only trade with traders they have a long term relationship with because of trust issues. As traders there is a huge difference between what we learn and what we really need to know.

Learn how to explore your options when you know you need to make a change in how you re resourcing it support services. Hey delboy i have experience of trade floor support long time ago back in 2001 and have worked in the financial it industry for 6 years.