F.W.Taylor

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Frederick Winslow Taylor also known as F.W.Taylor. frederick Winslow Taylor was an american mechanical engineer. f.w.taylor was born on march 20,1856 .He was the one of the first financial consultants.he is alsoKnown for"Father"of the Scientific management & Efficiency Movement, Father of Industrial Engineering.Taylor was the son of a lawyer. He entered Phillips Exeter Academy in New Hampshire in 1872. In 1911, Taylor summed up his efficiency techniques in his book ' The Principles of Scientific Management'. Taylor was also an athlete who competed nationally in tennis. His occupation was Efficiency expert Management consultant. He got the Awards of Elliott Cresson Medal (1902).
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E-broker and choosing of e-broker

E-brokers

Brokers are those who handle customers to sell and buy securities.E-broking refers to Electronic broking service. Where buying and selling done with help of brokers in internet based proprietary trading platform.A brokerage firm interfaces with its customers over the internet rather tgan face- to-face
An E- brokerage is a brokerage house that allows you to buy and sell stocks and obtain investment information from its website.
Like a traditional broker ,an online broker executes trades for an investor in exchange for commissions.the primary difference b/w an broker and traditional broker that the online broker provides Electronic, usually internet-based access to client accounts.by taking advantage of the internet,an online broker can also deliver timely news, information,real-time quotes and charts

Choosing online broker

  1. The type of trader : for a person trading often,lowest commission is important and for an occasional trader, a broker offering good customer service is important
  2. Commission and fees : it should be noticed whether the commission is based on the type or size for the order and there is any additional fees like inactivity fees or closing account fees
  3. Services : Evaluate the services offered by the broker such as portfolios and indices , real time streaming quotes , up-to-date news releases and charts
  4. Security : it should be double-checked whether the personal information of the trader and his account are secure with the broker.

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