Commodity Online
MUMBAI: How can latest technologies imbibe to help people take decisions in knowing what they want to know? Twitter is the answer.
www.commodityonline.com, one of the verticals by Commodity Online India Limited introduced the concept of providing information useful to the traders and within 3 days more than 130 serious trading public have joined to this niche club.
You can also join. It is free and easy. Click here
Twitter is a free service that was developed to communicate of what your activity is at any given point of time. It turned out to be one of the most successful stories of this decade.
When you visit http://twitter.com/commodityonline you will be asked to join. There are very few steps that you need to do and you are in the room. It can also be viewed through the official blog of commodityonline.
When tips, analysis, weather, important information or pivot levels are updated you either get it directly or its link on your page which will look like twitter.com/yourname
You can also follow these on your mobile phone. Go to m.twitter.com and enter your user id and password. Though the service is free, your mobile service provider will charge you for the data charges. If you have a wi-fi phone, enable your office wi-fi to connect it and follow it on your phone.
“It is a great service that I am enjoying. I need not go through various click to get what I want. It is right here in front of me,” said Kirti Kumar a twitter fan who uses a different user name.
Kumar is an active trader from Lucknow but was finding it tough to get through to various steps that internet portals need to follow for what he terms as ‘limited internet experience’.
But twitter made it simple for people like him.
“We will be using internet technology to benefit the commodity players to the maximum and absolutely free of charge,” said George Iype, Managing Director, Commodity Online India Limited.
Iype and his team developed Futures Watch, the only kind of platform to view Futures prices of commodities traded in exchanges in the manner that stock market prices are viewed.
The team is now developing an innovative technology to pinpoint and get near accurate results of the weather conditions with respect to the regions where commodities are grown.
In India, gold is considered as one of the prestigious instruments of investment among the household consumers. Small household units are now becoming potential investors for gold from the key consumers. The demand for consumption purpose is no longer the main driver of demand for the yellow metal, but the systematic investments in retail gold investment options is the latest crush among the small investors in the country.