How does real-time monitoring work in finance?
Real-time monitoring in finance involves tracking financial transactions and market data as they happen, allowing for immediate analysis.
What are the benefits of using real-time monitoring?
The benefits include enhanced decision-making, quicker response to market changes, and improved risk management.
Can you give examples of tools used for real-time monitoring?
Sure! Tools like Bloomberg Terminal, Reuters Eikon, and various trading platforms offer real-time monitoring capabilities.
How does it impact trading strategies?
It allows traders to adjust their strategies on the fly based on current market conditions, leading to potentially better outcomes.
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