The Five Biggest Mistakes Made Trading Options
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Mobile Technology Set to Transform Air Travel in the Next Five Years, According to Amadeus
Mobile Technology Set to Transform Air Travel in the Next Five Years, According to Amadeus
Madrid, Spain (PRWEB) June 16, 2011
Mobile technology is set to transform both airline operations and the overall traveler experience, according to a new industry report published today by Amadeus, a leading travel technology partner and transaction processor for the global travel and tourism industry. ‘The always-connected traveller: How mobile will transform the future of air travel’ is a global report that identifies changing traveler attitudes to airline mobile services while also highlighting the specific, emerging mobile technologies that will revolutionize each stage of the travel experience in the future.
Developed by Norm Rose of Travel Tech Consulting Inc., the report includes an assessment of airline mobile capabilities today, the emerging mobile innovations that are likely to be launched over the next one or two years, and also the advanced functionality that is set to entirely change the traveler journey as we know it, over the next three to five years.
Designed to stimulate new thinking and drive innovation in the travel sector, the report draws on a range of qualitative interviews with airlines from across the globe, complemented by primary data gathered from a global study of 2,978 travelers conducted by JD Power on behalf of Amadeus.
Traveler demand for mobile services high
While mobile services are still emerging in the travel industry, it is apparent that travellers are clearly beginning to expect, demand and adopt them: 16 percent of travelers surveyed currently use smartphones to book trips. That figure rises to 18 percent among the 18-35 age group and to 33 percent among frequent travelers. In addition, 3.4 percent of all travelers use their mobiles today to check-in for their flight, with this figure rising to 7.4 percent in Asia.
Asian and North American carriers have greatest mobile functionality today
Following qualitative discussion with nine airlines from around the world, most carriers indicated that basic mobile functionality such as schedules, check-in and disruption management are currently part of their existing offer. However, Asian and North American carriers provide virtually all of the 12 mobile services classed as ‘basic functionality,’ while European and Latin American airlines prefer to focus on only a select core of services.
Emerging mobile capabilities: limited ancillary services expected in the next 12 months
While still in its infancy, the mobile device is also increasingly becoming a channel with which to book ancillary services: 1.4 percent of travelers had to date used their mobile to purchase ancillary services. However, despite ancillary services providing both increased incremental revenue opportunities and the ability for airlines to differentiate themselves from the competition, the majority of the airlines interviewed felt that the ability to sell ancillary services through the mobile channel was still over a year away. Only in North America did a carrier have the ability to sell ancillary services through mobiles today, and even then only extra baggage was available for purchase. Bucking the general trend, the Scandinavian and Middle East-based airlines outlined plans to aggressively increase their mobile ancillary offering within the next six months. Premium seating, the option to pre-purchase meals and club access are among those services due to be made available via mobiles in the coming months.
Advanced functionality: location-based services, payments and push notifications prioritized
It is evident that airlines are becoming increasingly aligned with consumer demands, as many plan to implement ‘push notifications’ in order to deliver real-time information updates relating to baggage or flight status. Six airlines are currently planning to actively implement this technology, which clearly shows an appreciation and understanding of changing traveler needs. Indeed, Amadeus’ recent survey with JD Powers found that close to 40% of today’s travelers would use real-time baggage and flight updates via their mobile, if they were available.
At the same time, all of the airlines surveyed are investigating the ability to enable mobile payments in the medium term, in order to be able to process payments for flights and ancillary services. There is a particular drive for this from emerging markets, where the ‘mobile wallet’ is seen as a secure, long-term replacement for cash. Location-based and social networking services are also highly prioritized, with one Latin American carrier seeking to integrate its services with the popular social network Foursquare in order to enable check-in from airport shops.
Julia Sattel, VP, Airline IT, Amadeus, said: “Mobile continues to shake up how companies interact with and meet the needs of customers. It provides travelers with a personal, always-connected device that offers unlimited potential to transform how people travel. The challenge for the industry is to deliver an intuitive and compelling mobile user experience and services that help travelers get the information they want and buy the things they need. However, instead of just transplanting what airlines do online to the mobile device, we encourage our customers to explore what can be done to exploit the unique characteristics of mobile.”
Norm Rose, Travel Tech Consulting, Inc., and the report’s author, said: “According to iSuppli Corp, over 73 percent of the world’s population – which equates to five billion people – carry a mobile device of some form. And so essentially, airlines need to work out how to effectively monetize the mobile channel. Airlines across the world currently have an incredibly unique opportunity to use mobile technology; not only for product differentiation but also to allow incremental sales and encourage increased brand loyalty. But crucially, they must also keep pace with ever-changing passenger expectations.”
“The always-connected traveller” report will be launched at the 18th annual Amadeus Airline e-Commerce Conference in Cannes, France, from June 15-17, 2011. The theme of the event is adaptive commerce, with over 290 delegates attending including more than 70 airlines worldwide. The discussion will center around how organizations are able to best anticipate and respond to evolving business, user and technology practices in the world of digital commerce.
To download a copy of the report, please visit: http://www.amadeus.com/alwaysconnectedtraveller
Notes to the editors
Amadeus is a leading transaction processor and provider of advanced technology solutions for the global travel and tourism industry.
Customer groups include travel providers (e.g airlines, hotels, rail, ferries, etc.), travel sellers (travel agencies and websites), and travel buyers (corporations and individual travellers).
The group operates a transaction-based business model and processed 850 million billable travel transactions in 2010.
Amadeus has central sites in Madrid (corporate headquarters and marketing), Nice (development) and Erding (Operations – data processing centre) and regional offices in Miami, Buenos Aires, Bangkok and Dubai. At a market level, Amadeus maintains customer operations through 73 local Amadeus Commercial Organisations covering 195 countries.
Amadeus is listed on the Madrid, Barcelona, Bilbao and Valencia stock exchanges and trades under the symbol “AMS.MC”. For the year ended 31 December 2010, the company reported revenues of EUR 2,683 million and EBITDA of EUR 1,015 million. The Amadeus group employs over 10,130 employees worldwide, with 123 nationalities represented at the central offices.
To find out more about Amadeus please go to http://www.amadeus.com.
To visit the Amadeus Investor Relations centre please go to http://www.investors.amadeus.com
Media inquiries only:
Debbie Iannaci
Director, Public Relations
Amadeus North America
Tel: 305-499-6448
Email: diannaci(at)amadeus(dot)com
Christian Munson
CRT/tanaka for Amadeus North America
Tel: 804-675-8151
Email: cmunson(at)crt-tanaka(dot)com
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Categories: virtual options trading Tags: according, Amadeus, Five, Mobile, Next, Technology, Transform, Travel, years
OptionVue 5 BackTrader now Includes Five Years of Historical Option Prices for Paper Trading
OptionVue 5 BackTrader now Includes Five Years of Historical Option Prices for Paper Trading
Libertyville, IL (PRWEB) January 13, 2006
The BackTrader™ Module for OptionVue 5 Options Analysis Software now allows users to access five years of historical option prices for paper trading how certain strategies react over time under specific market conditions. BackTrader users can access historical pricing information on all assets and their related options retroactive to January 2, 2001.
Developed by OptionVue Systems International, Inc. BackTrader™ is a unique analytical tool that allows investors who trade options to create and test an infinite variety of trading strategies using actual historical options data. The application literally rolls-back the clock to provide actual historical prices, charts and other market data for any selected date and time in the past. The user can then apply a favorite or new options trading strategy, move the clock forward in 30-minute increments or day-by-day, and observe exactly how the strategy would have played out over any length of time.
“BackTrader allows a trader to learn, practice and test trading strategies without risk,” notes Len Yates, OptionVue’s president/founder. “In a single evening of paper trading using BackTrader’s real market data, a trader can gain experience, sharpen their trading skills, and get a real feel for how market moves are likely to affect trading strategies over time.”
OptionVue 5 software is a comprehensive options analysis program that includes quotes retrieval, risk analysis, and record-keeping to meet the analytical needs of options traders at every experience level. OptionVue 5 is available for a 30-day trial and may be ordered directly from OptionVue Systems International via its web site (http://www.optionvue.com) or toll-free phone (800-733-6610).
About OptionVue Systems International, Inc.
OptionVue Systems International, Inc. is a leading developer and marketer of options analysis software. Its mission is to provide robust, intelligent and intuitive programming; user-friendly graphical interfaces; and comprehensive support for traders of every experience level. In addition to OptionVue 5 for individual investors, the company supplies professional options traders with its OptionVue 5 Professional Edition risk management software, consulting services, and web-based analytical tool development. For more information, contact Mr. Tom Heffernan, Director of Marketing, OptionVue Systems International, 847-816-6610.
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©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
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Categories: options trading software Tags: BackTrader, Five, Historical, Includes, Option, OptionVue, Paper, Price's, Trading, years
The Binary Options Trading Guide.com Now Available in Five Languages
The Binary Options Trading Guide.com Now Available in Five Languages
New York, NY (PRWEB) August 4, 2010
With more and more traders from allover the world discovering Binary Options Trading , the Binary Options Trading Guide.com has launched its website in five new languages catering to the Spanish, Italian, German, French or Dutch speaking visitor.
As well as providing all the expert strategies in these languages visitors will now be able to discuss any aspect of binary options in their own language as each national edition of the guide comes complete with all the functionality of the US edition including the binary options forums.
Daily market reviews will also be provided in each of the languages as will the weekly trading opportunities which the Binary Options Trading Guide. has been providing to traders for free.
According to company spokesperson David Webb this is just the first step towards going global with the format that has turned the guide into the Internet’s leading resource on binary options.
“We are fully committed to providing our visitors with quality content that will help them make informed decisions about binary options trading and we would like to provide this content in as many languages as possible.”
He further went on to say, “We also have several new developments almost ready to launch and are in fact accepting pre-applications for our free Binary Options Signals service which we expect to launch within the next few weeks.”
About the Binary Options Trading Guide:
The Binary Options Trading Guide was created in 2009 by a number of people with an interest in financial trading and aims to provide traders and people looking to get into binary options trading with quality information. The site offers expert articles on all aspects of Binary Options trading as well as broker reviews, forums and the most comprehensive binary options news section.
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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
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Categories: binary options trading Tags: available, Binary, Five, Guide.com, Languages, Options, Trading
Five Guidelines to Choose the Best Forex Trading Software
How can you select the best forex software to make you succeed as a forex trader and create a full-time salary? There are a number of things available that claim the ability to help you do this, but how to separate the good from the bad from the scams?
Follow these points to aid you in selecting the best forex trading software.
1. Take note of the payment processor. This is the first step as it will let you know if it’s legit. If the company that the software publisher uses to process your transaction is an honest provider with a transparent history then you are okay in that respect. Decent processors cannot afford to have scammers use their services. Anything that is sold via Clickbank can be relied on and gets covered by their 8-week guarantee policy.
2. Check their results. Look for and check genuine trading results from the sales page. Account screenshots and jpegs of entry and exit points of winning trades are helpful. Videos of the program in real time usage with the Metatrader 4 platform are particularly helpful. Note the real time price movements as although not impossible, they will be hard to fake.
3. Check out user comments. As well as the testimonials on the product’s website also check out user opinions from independent sources.
4. Check out the price. The competition from software publishers has increased a lot recently and has created downward pressure on the end price. It’s still possible to fork out thousands of dollars for software but most of the packages in the $100 price region work just as well.
5. Check out the usability. Check the product’s specs and its changeable settings. Even though you’ll be able to keep it on standard settings on any good software, it’s better to have the option to change things as you want. You’ll also want to use your own settings as you mature as a trader and develop your own style.
This should help you pick the best automated forex trading software.
Categories: best options trading Tags: Best, Choose, Five, Forex, Guidelines, Software, Trading
Jokinen a Flame again just five months later
Jokinen a Flame again just five months later
Canadian Press CALGARY — The Calgary Flames looked to their past on the opening day of free agency.
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NBA Draft 2010: Five Teams Who Will Make a Trade
NBA Draft 2010: Five Teams Who Will Make a Trade
The NBA Draft is always littered with a bevy of trade activity throughout the night. Some picks are traded for cash, others for players, and some pick for pick. This year, expect even more than the usual. With such a large free agency class ready to hit the market, teams will be doing everything possible to improve. Some teams will be looking to dump players that no longer fit and others to make …
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