Financial Applications
In App Development
Automated Financial Application Software
TYPES OF TRADING SIGNALS- FOREX-COMEX-INDEX
The type of signal is determined by the particular function it may have, and how it generally operates. Technically there are two types of FX signals which are permanently available in the Forex market, and they are: Manual Forex Signals & Automated Forex Signals. Manual Forex signals : When using or subscribing for manual Forex signals,a traders has to rely on Research Analyst Knowledge who after analyzing chart generate signal but many time signals fails due to lack of market knowledge & wrong market prediction by which traders incur huge losses.
Forex
Forex Market & Forex Trading Software
foreign exchange market is where currencies are traded. One unique aspect of this international market is that there is no central marketplace for foreign exchange. Rather, currency trading is conducted electronically over the counter (OTC), which means that all transactions occur via computer networks among traders around the world, rather than on one centralized exchange. The market is open 24 hours a day, five and a half days a week, and currencies are traded worldwide in the major financial centers of Frankfurt, Hong Kong, London, New York, Paris, Singapore, Sydney, Tokyo, and Zurich—across almost every time zone.
A currency trading Software provides forex market Signal to traders .Automated trading software remove psychological and emotional factors from trading strategies. It is open source software allow trading system developers the ability to create scripts and automated trading algorithms that generate forex buying & selling signal.
Comex
COMEX is the primary futures and options market for trading metals such as gold, silver, copper, and aluminum. COMEX is an abbreviation of the exchange’s full name: The Commodity Exchange Inc.Commodity Exchange Inc. (COMEX), the main exchange for silver and gold futures, was first founded in 1933 through the merger of four smaller exchanges based in New York & after merger it is created the world’s largest physical futures trading exchange, where it is still known as COMEX.
COMEX physically operates out of the World Financial Center in Manhattan and is a division of the Chicago Mercantile Exchange (CME). According to CME Group, there are over 400,000 futures and options contracts executed on COMEX daily, making it the most liquid metals exchange in the world. The prices and daily activities of global traders on the exchange impact the precious metals markets around the world.COMEX serves as the primary clearinghouse for gold, silver, and copper futures, all of which are traded in standardized contract sizes, as well as a mini and/or micro version. Other futures contracts traded on the COMEX include aluminum, palladium, platinum, and steel. Because the futures market is mostly a hedging vehicle for mitigating price risk, the majority of futures contracts are never delivered. Most trades are made simply on the promise of that metal and on the knowledge that it exists. This is not to say that a trader or hedger cannot take delivery of physical metals through the COMEX, but less than 1% of the trades actually go to delivery.
Index
An index is a method to track the performance of a group of assets in a standardized way. Indexes typically measure the performance of a basket of securities intended to replicate a certain area of the market.These could be constructed as a broad-based index that captures the entire market, such as the Standard & Poor’s 500 Index or Dow Jones Industrial Average (DJIA), or more specialized such as indexes that track a particular industry or segment such as the Russell 2000 Index, which tracks only small-cap stocks.Indexes are also created to measure other financial or economic data such as interest rates, inflation, or manufacturing output. Indexes often serve as benchmarks against which to evaluate the performance of a portfolio’s returns. One popular investment strategy, known as indexing, is to try to replicate such an index in a passive manner rather than trying to outperform it.An index is an indicator or measure of something. In finance, it typically refers to a statistical measure of change in a securities market. In the case of financial markets, stock and bond market indexes consist of a hypothetical portfolio of securities representing a particular market or a segment of it. (You cannot invest directly in an index.) The S&P 500 Index and the Bloomberg US Aggregate Bond Index are common benchmarks for the U.S. stock and bond markets, respectively.