Stock Trading Community is the most important trading community all over the world. Major global businesses are controlled by this community. And with the upcoming of internet facilities stock trading has become easy and faster. Gone are the days when a trader had to make multiple calls to get the quote from the brokers. Now-a-days, a person sitting at his home can watch his growth at the stock market. Due to this convenience the stock trading community is growing massively. In other words, we can say that this community has revolutionised the whole stock trading fashion.
As everybody knows what kind of work takes place in the stock market. It is quite easy to comment about this community that they only do buying and selling of stocks, products, bonds, mutual funds etc. However, the trading community has got a very hectic and chaotic working environment. There’s much to learn about the working culture of stock trading community. We often find many researchers doing research work on these communities and in their studies they have found that it is the result of this trading community which has formed the current “Day Trading Stocks and Indices”. Day Trading refers to buying and selling of stocks or securities within the same day.
Some of the other trades generated by the stock trading community are betting trade,forex trade etc. People in these communities are always busy. Many of them win as well as others loss. Brokers in this field are the strong mediators who carry out the process of trading between the participating investors. It is always good for traders to have experience brokers for the investment procedure. Brokers make the necessary arrangement for buying or selling of commodities. They also provide support and assistance to traders. However, it is suggested that traders should also keep proper observation at the broker’s work. For this purpose traders can use their personal computers to keep track at the brokers and stock market.
Hence, the working culture of stock trading community contributes much to the growth of our economy and we can learn much from it.
By: David Jose
Posts Tagged ‘Working Environment’
Don’t Make a Mountain Out of a Molehill!
October 27th, 2009Hi! Cheerio! Bloke. Tube. Boxing day, Bangers & mash. Yorkshire pudding. It’s my round, what’s your poison and do you fancy a Chinese later?
Driving regulations… The National Health Service… Dentists… Political parties…. National and Local Government… Council Tax… Water Rates… Primary and Secondary schooling, GCSE’S and A-levels… hospitality… pubs… the obsession with the weather… dry humour… leg-pulling… the reaction when someone from Glasgow is called English!
How many of the above words or issues would you understand if you were newly arrived in the UK?
And that is not all, how about the working environment, business customs and ethics, meeting and negotiation protocol, communication styles, formality and informality, power structures and hierarchies, flat management structures, empowerment?
Things that the British all take so much for granted are confusing and sometimes frightening to someone newly arrived in the UK. Even those who believe that their English is good enough find themselves totally confused on a personal level and quite out of their depth in the working environment.
Getting briefed
For this reason, Farnham Castle has developed an English Language Plus programme to cover all aspects of living and working effectively in the UK as well as concentrating on key areas of terminology and specific skills-related vocabulary in use in the particular working environment that the assignee will be operating. Being fully briefed on current living conditions and working practices at the outset avoids many difficulties and misunderstandings and makes the settling in period much more enjoyable for both the working and non-working partner. Having a neutral and unbiased introduction into British working practices, political and economic structure, working relationships and attitudes to foreigners enables the working partner to adapt to the workplace far more easily without making mistakes and avoiding loss of face.
Word power
Effective communication is vital in settling quickly and effectively. Our experience shows that the first few weeks of an assignment is the key learning period when the assignee is required to assimilate hundreds of different systems, words and terminology and working practices and if their English is not of a high standard, much of this valuable learning period will be wasted. The British use so many colloquial or slang expressions in the working day without realising how strange and confusing these words are to a foreigner and the fear of losing face or slowing up a meeting in progress prevents them from asking for an explanation at the time.
Original article at www.intercultural-training.co.uk
By: Matthew MacLachlan
Intercultural Communication and Globalization
September 14th, 2009Today’s governments, organisations and companies are dealing more and more in a global scenario. We are no longer constrained by borders or distance and as a result globalization has meant a fundamental change in who, where and why we do business. The people that make these organisations tick, from the workers, to bosses to suppliers, are increasingly based in remote locations in foreign countries or drawn from a rich mix of cultural backgrounds. The need for effective and clear intercultural communication is becoming vital in securing success in today’s globalized workplace.
What is intercultural communication? In short, it has many definitions but fundamentally it looks at how people, from differing cultural/national backgrounds, endeavour to communicate or work together. It draws on areas within academia such as cultural anthropology, sociology and business studies to provide it with a basic framework. Notable academics that have become specialized in intercultural communication are Hall, Hofstede and Trompenaars. At its foundation, intercultural communication’s objectives are to establish and understand how people from different cultures behave, think or do. Once this is appreciated it is then possible to help people overcome intercultural differences and make for a better (working) environment.
Within the context of the globalized business or organisation, intercultural communication looks at how people communicate (verbally and non-verbally), manage, work together, approach deadlines, negotiate, meet, greet, build relationships, etc. These topics are becoming much more relevant now on two fronts. 1) for businesses with a mix of cultures working together and 2) for businesses wanting to trade successfully abroad. In both situations if individuals are unaware of how best to get along and get business done, it can and does lead to poor performance and lost deals. Greater understanding of intercultural communication differences, manners, etiquette, protocol and communication styles certainly leads to a much higher probability of achieving business goals.
Ultimately intercultural communication today means getting a competitive edge. Why? We all know that business today is highly competitive and fast changing. People need to get it right, and get it right the first time. Whether someone is looking for a new supplier, giving a presentation, or negotiating a contract intercultural communication can, does and will play an important role. It impacts our ability to communicate effectively within a culture as well as how we are perceived.
Working in the globalized world economy is proving to have a positive effect on individuals and companies. As people are forced to think outside the box they develop greater interpersonal skills, flex their creative muscle and learn news ways of doing things. In conclusion, the need for intercultural communication skill is obvious – we are all working in an interconnected global economy and it is important to build good relationships with people from other cultures. This leads to better business.
For those interested in learning a bit more about intercultural communication, why not try some of these books?
Mind Your Manners (Managing Business Cultures in Europe)
By John Mole, Nicholas Brealey Publishing
Riding The Waves of Culture: Understanding Cultural Diversity in Global Business
By Fons Trompenaars, Nicholas Brealey Publishing
Cultures and Organizations: Software of the Mind. Intercultural Cooperation and Its Importance for Survival
By Geert Hofstede
Building Cross-Culture Competence
By Charles Hampden-Turner & Fons Trompenaars
Beyond Culture
By Edward T. Hall
By: Dalvin Rumsey
