New platform for global trading from Uruguay

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The classic stockbroker was a man, dressed in a suit and tie and ran from here to there in a stock exchange, with pieces of paper in his hand, sometimes shouting and almost always in a place full of marble and more or less classical ornaments. That way they were portrayed in many movies.

Today, however, there are no more stereotypes that can do it justice. Gender, age, clothing, location, formal education... All those categories that used to make up the profile of a stockbroker are no longer useful.

Technological advances in telecommunications and computing make it possible today to trade a stock market from home, maybe not in slippers but that could be an option. From a home terminal with an Internet connection, you can buy and sell stocks, currencies, or almost any other financial product, anywhere in the world.

Because finances are today, who can doubt it, a global issue. There are no borders that can stop the creativity and audacity of those who travel the paths of buying and selling different types of assets.

How to scale in AutoCAD pls!!

— Joseph Salvador Fri Nov 17 15:03:29 +0000 2017

To help all aspirants to develop in this exciting field, Gletir -a regional company that has been operating in Uruguay since 2009- launches a new service: Gletir Global. It is a trading platform that allows the user to operate in all markets in the world, any day, at any time and from any device, regardless of the physical location where they are. Gletir's general manager, Juan María Terra, explains that the new service offered by the company has well-defined objectives: to provide services to a type of client that is generally younger than the one cultivated up to now by the company, and to link this segment with the most important stock markets in the world.“This service It is for those people who want to invest part of their savings in order to make them profitable. Maybe it is someone who has a project to buy a house, a car, or travel, in the near or distant future, for example.”, says Terra. Operating at Gletir Global is very easy. An account is opened through Gletir, a local Stock Broker, which can be approved in less than 48 hours, and which allows the Client to start trading online. Gletir is supervised by the Central Bank of Uruguay and has the technological and institutional support of Saxo Bank, an investment bank based in Denmark and specialized in online trade and investment. It is worth remembering what the term trading means: buying and selling assets that They are listed on world stock exchanges - stocks, currencies and futures - and the idea is, of course, to buy an asset to sell it later at a higher price. Clients, Terra also notes, will have the support of Gletir through a call center and instant messaging service (in this case, WhatsApp), which will be there to accompany the first steps of those who buy and sell assets. “We give the client the platform so that they can start trading their shares online, and we also give them information, analysis tools and financial education, so that whoever wants to investigate -for example, let's say they want to follow the performance of a company in individual- can do it”, says the general manager of Gletir. A concept that is worth taking into account in this context is ETF, which stands for Exchange Traded Fund. According to what is explained from the company, ETFs group a certain number of shares or other values, for example around items such as renewable energy, 5G technology, artificial intelligence, to mention just a few among infinite options.

The ETFs form, then, a kind of agglutination of assets around a particular item, with the purpose of diversifying the investments that the operator makes through Gletir Global. This in the understanding that diversification is always a good policy so as not to depend on the possible volatility of betting everything on one stock or one currency, for example.

Financial education

Gletir gives tips and information so that anyone who wants to function in the world of trading can do so, making their own decisions.

It also provides a basic financial education through its web services, because there are many acronyms, graphs and concepts that must be known to increase the probability that the operations carried out in Gletir Global will yield the greatest fruits.

It costs nothing to get started: Gletir Global does not have any kind of registration or start-up fee. It is also not difficult to maintain the account. The client will pay the rates and costs that each stock exchange has determined so that the purchase and sale operations are carried out there.

“What is offered are global opportunities for people's savings, and it can be done according to the budget that each person has, without the requirement of minimums”, according to Gletir.

Experts in finance

When Gletir began operating in Uruguay a little over a decade ago, it did so with a narrow focus: advising and advising a type of client with high net worth levels. Since then, the company has accumulated significant experience in everything that has to do with finance, and the new trading platform is a way of turning that experience towards a different audience, with the emphasis placed on the education of those who wish to give their first steps in the area of ​​global and online trading.