Tradycyjny doradca finansowy 2.0 a robodoradca

The aim of this chapter is to answer the question whether the financial services market is able to permanently integrate the appropriate technology and day-to-day work of a traditional financial advisor, so that it is potentially as effective and automated as robots, and even offers a higher quality of services. If so, can the price of such advice be low enough to make it affordable to the average retail investor? The chapter presents the history and characteristics of an advisor 2.0 and a robo-advisor. Then, using the SWOT analysis, the strengths and weaknesses, as well as opportunities and threats for both types of services are shown. We base the analysis on the literature on financial advisory, which in the last decade has grown substantially in both variants due to the dynamic development of these services. The chapter ends with conclusions about the answer to the questions raised at front.

Moving Average Indicator and Trade Set-up as Correlates to Investment Trading in Stock Market: Basis for e Predictability Primer

Moving average (MA) is one of the many indicators that retail investors can be used when trading their investment in the stock market or any financial market. The inclusion of moving average to trade set-up serves as the guidelines of the retail investors to properly execute the trades. The trade set-up with moving average includes different time frames, numbers of MA and MA with combination to other indicators. The 21 Day MA, 3 different timeframes of MA, 21 MA, and 50 MA for the crossover, and indicators like MACD are the most preferred by the retail investors to add in the trade set-up. The retail investor agrees that the moving average indicator is useful when entering and exiting the trades, when finding the Support and Resistance (SAR) area, predicting new trends, a combination of moving average crossover, MA in combination with other technical indicators. The quantitative method is used to emphasize how MA indicators help the investment trading of retail investors and the statistical result shows the significant relationship between the number of time periods or frames like 9, 21, 50, 100, and 200 Moving Average in entering and exiting the trades. Part of the results shows how Moving Average Convergence and Divergence (MACD) in combining to MA results in an insignificant relationship when exiting and entering the trades. Another result about MACD or Volume Analysis in combining to MA when predicting new trends shows an insignificant relationship. This means that moving average indicators and the trade setup with a proper understanding of each can combine and deliver a better investment result to retail investors.

A Study on the Behaviour of Investors and their Risk-Return Perception with Special Reference to Salem City

This project coins about The Indian investment market. Investment is actually an asset that's created to permit money to grow. The wealth created can be used for a variety of objectives such as situations. Investing would be different things to different people. While investing for a few people mean fixing money to realize a profit, for a few others it also can mean investing time or effort for a few future benefits like investing in one self’s skills or health. Investment helps to channel household savings to the corporate sector, which is utilized to develop the industrial and service sectors and their own use. Today, investors have several options of investment with different peculiarities matching their needs. The funds allocated by the investors to various investment avenues depend largely on the investment objectives perceived by them. Investment examination has become essential for any retail investor. The success of investments is totally dependent on the satisfaction of the investors during the post-investment period and investors’ confidence. The uncertainty of expected return may be a vital part of the investment option. The variations in returns from the expectations of the investors cause risk and therefore the subjective analysis of varied attributes helps for the avoidance of the danger. Theoretically, risk and return go hand in hand, i.e., the upper the danger, the more the return. However, the risk- return knowledge of the investors on different investments might be differing from each other. In this paper, an attempt is made to study the investors’ perception of risk-return of investment and to find the investor's investment pattern.

Background Noise? TV Advertising Affects Real-Time Investor Behavior

Using minute-by-minute TV advertising data covering some 300 firms, 327,000 ads, and $20 billion in ad spending, we study the real-time effects of TV advertising on investors’ searches for online financial information and subsequent trading activity. Our identification strategy exploits the fact that viewers in different U.S. time zones are exposed to the same programming and national advertising at different times, allowing us to control for contemporaneous confounding events. We find that an average TV ad leads to a 3% increase in EDGAR (Electronic Data Gathering, Analysis, and Retrieval) system queries and an 8% increase in Google searches for financial information within 15 minutes of the airing of that ad. These searches translate into larger trading volume on the advertiser’s stock, driven primarily by retail investors. The findings on retail investor ad-induced trading are corroborated with hourly data from Robinhood, a popular retail trading platform. We also show that ads induce searches and trading of companies other than the advertiser, including of close rivals. Altogether, our findings suggest that advertising originally intended for consumers has a nonnegligible effect on financial markets. This paper was accepted by Karl Diether, finance.

Retail Investor Attention, Foreign Investors and Crash Risk: Evidence on Indonesian Shariah-compliant Equities

This study analyzes how retail investor attention and foreign investors are related to stock price crash risk in shariah-compliant equities. Using quarterly data in Islamic stocks that listed on the Indonesian Capital Market during 2016- 2019, we show that retail investor attention and foreign investors are negatively associated with stock price crash risk. The retail investor attention and foreign investors diminish stock price crash risk in shariah-compliant equities. In conclusion, the benefit of active attention that retail investor pay and increasing foreign investor mitigate crash risk in shariah-compliant equities

US SEC examination priorities for 2021: what you need to know

Purpose To summarize the U.S. Securities and Exchange Commission Division of Examinations’s recently published 2021 examination priorities. Design/methodology/approach Features short summaries of select aspects of the SEC Division of Examinations’ recently published 2021 examination priorities. Findings The SEC’s priorities for 2021 examinations include retail investor protection; information security; operational resiliency; financial technology and innovation, including digital assets; anti-money laundering; LIBOR transition, and selected areas for registered investment advisers. Practical implications Firms should consider the SEC examination priorities as they conduct their annual reviews of policies, procedures and business activities. Where firms observe deficiencies in their own practices, adjustments should be made before they find themselves the subject of an SEC investigation, examination or enforcement action. Originality/value Practical guidance for investment advisers, investment companies, municipal advisors, and broker-dealers from experienced broker-dealer, securities and investment management lawyer.