Category: business news

How to trade FX options online in the Middle East?

FX options are an over-the-counter derivative that gives the right but not obligation to buy or sell a currency pair at a predetermined rate on (or before) a specific date. A call option gives the right to buy a currency pair at a specific rate, while a put option grants selling rights. In both cases, they are traded in lots and never for individual units – one lot is equal to 100,000 units of the base currency being bought or sold.

How to trade FX options online in the Middle East?

Create an account with a brokerage firm

Most brokers do not require in-person registration and typically offer 24/5 customer service. To log into your account after it is created, go to the broker’s website and type in your username and password. You can find a broker here: Saxo broker Saudi Arabia.

Deposit funds into your trading account

Your broker will provide you with deposit options based on the type of currency you wish to use for transactions. For example, if you are depositing dollars, they can be wire transferred from a US bank or sent via MoneyGram. If using dirhams, there are various ways to transfer money depending on which country you are sending it to. Withdrawals are usually processed through the same means as deposits for easy management of all transactions.

Choose an expiry date for your option

Most brokers offer weekly, monthly and quarterly options, but it is always best to check with them which products are available in your region. FX options typically expire on Fridays or the last working day of the month at 5 pm EST, depending on which broker you use. You can choose any date within these timeframes to trade your option contracts.

Buy Calls/ Puts using your newly deposited funds

When you log into your account, there should be a section dedicated only to trading currencies – this is where you will buy and sell all Forex future contracts. Select “FX Options” and select the currency pair you wish to trade (Eg: EUR/USD) and choose “Option” or “Call”. You can also purchase a contract by clicking on an existing open transaction.

Set up stop-loss orders for all your contracts

Most brokers offer this service, but it is done through different means, so the best way is to contact their customer support team directly. The stop-loss order allows you to predetermine at what rate will your option be closed if the market goes against you so that your losses are limited to just that amount of money.

Set up an alert for your contracts

Your broker will typically offer a text message service that notifies you when a specific contract is about to expire. Still, it is best to check their website directly as different options may be available depending on what region you are trading from. It allows you to monitor rates at all times and lock in profits immediately before the contract expires if the market moves favourably towards you.

Closeout your contracts as soon as they hit 100% of their value

When this happens, open a new transaction and select “Close”. You can also close out transactions by clicking on existing open deals so that there is no need to monitor the market continuously. You can withdraw the total amount earned after closing all deals to your bank account.

Benefits of trading forex options online

No need to monitor market fluctuations continuously

Once you’ve set up your stop-loss orders, you don’t have to spend time monitoring changes in rates or refreshing charts – all you have to do is wait for an alert telling you when it’s time to close out your position. If you’re new, this system makes it easier for beginners unfamiliar with market fluctuations.

Risk is limited to the amount of money invested

Unlike margin trading, you can’t lose more than your principal investment with FX options as losses are predetermined, allowing investors to enjoy peace of mind even when trading without prior experience. There’s no need to rush into transactions, and there is an option for a refund if you think the deal won’t work out in your favour.

HOW REVIEW PLATFORMS HELP GROW A BUSINESS

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Why Is Buying a Christmas Gift for a Coworker Complicated?

Why is buying a Christmas gift for a coworker complicated?

It is important to understand the etiquette that guide the actions of human beings like coworker are highly subjective, usually compiled by other humans in the light of their ideologies, perception of issues, and expectations of how life works. In the light of this, any guide to gifting that you come across should be viewed as suggestions rather than laws or regulations about the world of gifting, and what or how to give.

Why Is Buying a Christmas Gift for a Coworker Complicated

It is particularly important to establish this point as another Christmas season rolls in, and people are actively searching for original Christmas gift ideas for families, friends, and loved ones. But an area that is tricky to navigate is getting gifts for colleagues at the workplace. The reason for the perceived uncertainty around gift-giving to coworkers is that it involves the process of action and interpretation on the part of both parties, and in some cases, the two elements might not align in the view of both. Giving gifts to coworkers might not be an issue if your office has an established secret or not-so-secret Santa exchange ceremony for the holidays, but if not, you should be very sure of your intentions and how it will be perceived/received before you proceed. Simply put, working relationships require careful consideration when one is considering a gift-giving for the following reasons:

• What type of relationship exists between your co-worker and yourself? If you have a fantastic relationship that surpasses the realm of acquaintance and borders on friendship, then getting such a person a gift should not be a challenge, and if you require ideas, you could read up gift shops’ reviews online as it will help you make a well-informed decision. On the other hand, if you have a difficult relationship with your coworker, any interaction with such an individual will be viewed from the lens of the difficulty, which could lead to misinterpretation of intentions that could generate awkwardness. But when done right, giving a gift could be the perfect activity to break any awkwardness or call for a truce.

• If you have more than one coworker, do you give them all Christmas gifts? Or do you give only those in your team? Do you give those you are friends with? Or do you give the ones you consider more agreeable the better/costlier gift? Will a coworker be slighted if you do not give them a gift? Can you afford to give a meaningful gift to your colleagues? These and many more questions should be truthfully answered before you start the process at all. Since each situation is peculiar, this article might not be able to offer a blanket opinion or decision on these questions.

• How do you determine the right gift? You have to be careful – you do not want to give a luxury product or highly expensive item to your coworker, lest other meanings are read into the act. If you consider this as a moot point, you should know that depending on the kind of social circle your coworkers belong to, a very expensive gift could create an impression of oppression, or, if your coworker is the opposite sex, be misjudged as conveying interest (especially, if that individual is the only one to receive such from you). This does not however mean that you give people shoddy or mediocre gifts, but try not to go overboard. The most important thing about giving gifts is the thought behind the action.

• Choose a useful gift. You know the types that can be found handy in the office, or at home, not just some junk that will be thrown in the store or pantry. Also, you should work with a budget, especially if you are giving a lot of people.

• Do not give any gift that can be worn on the body, such as clothing items, jewelry, body creams, or perfumes. It’s Christmas season, and it’s a gift to a friend, not Valentine’s day gift, so it’s best not to blur the lines of etiquette in this regard.

Whatever you do, the decision whether to give or not to give Christmas gifts to your coworkers depends solely on you. While you should not break the bank, nor sacrifice your family and friends to give your coworkers gifts, you should also remember that one way to foster teamwork and comradely is by giving sincere gifts, not gifts that serve as a Trojan horse to curry the favor of your colleagues. Happy holiday!

3 Reasons Why Promotional Gifts Benefit Your Business

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Share Market Tips

Share trading tips for beginners

If you have very little experience of share market investing tips, selecting the right stocks may not be easy. But you don’t need a degree in finance to profit on the share market. With a little effort, you should be able to figure out the share market jargon on your own. Things get easier once you have a little practice, and these share trading tips can give you a boost.

Share Market Tips

 

  1. Study the fundamentals

Don’t try monitoring every single stock on the share market. Instead, zero in on the stocks you would like to invest in. How do you create this wish-list? Study the fundamentals of different companies. This means looking at the revenues, balance sheet, and performance track record of the entity, alongside its governance practices, management, sectoral competition, and scope for growth. Companies with strong fundamentals tend to be stable investment options for the long term. 

  1. Do the research

There may be a buzz around a particular stock. But you must assess whether the stock really is a worthwhile investment. Study the underlying company’s performance, scrutinise sectoral trends, and factor in the overall market conditions. Historical price patterns could indicate how the stock is likely to act in future. In addition, measures like the price–earnings ratio and earnings per share, as well as stock market indices, could help you prepare a comprehensive assessment.

  1. Be realistic

Seasoned traders know that some trades do well while others don’t. To manage their risk, they outline clear entry and exit policies. By placing stop loss triggers and profit targets on every order, you could exit every trade—even the losing ones—on relatively favourable terms. Having a clear plan in place keeps you from being greedy and holding on to a share for too long. It also protects you from panic selling when the markets are in freefall.

  1. Get a reliable broker

 Fluctuating markets bring many uncertainties for the share market investor. This is why you should open an account with a dependable broker like Kotak Securities that offers robust trading platforms and real-time market data. Additional benefits are comprehensive research reports on a regular basis and timely customer service to handle any trading-related discrepancies and issues. 

  1. Focus on every detail

Rigorous monitoring holds the key to effective stock market investments. Since global events affect domestic markets, keep an eye on the news flows. But don’t get carried away by the bigger trends. It may happen that a particular sector is performing well. But not all stocks in that sector may be profitable investments. Study the information on the macro and micro levels before taking action.

  1. Keep away from penny stocks

 Bargains are great when you go grocery shopping. But think twice about bargains in the share market. Low-priced stocks, which are also known as penny stocks, may seem attractive. A little capital could fetch you lots of shares and even the scope for growth may seem high. However, such shares can be risky. And sometimes the low price is a signal that the underlying business model is poor.

Summing up

These share trading tips show that you need patience and discipline to prosper on the share market. Comprehensive research, coupled with a nuanced understanding of the market, will help you make the right decisions. And it would certainly help to have the right broker by your side.

https://tkes.net/forex-broker-tradegbp.html/

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Why is employee engagement important?

Why is Employee Engagement Important?

Employee engagement can play a key role in many aspects of your business including company success, employee retention and more.

According to a recent Gallup poll, employee engagement is on the rise. Thirty-four percent of U.S. workers are “engage,” tying the highest mark since Gallup began tracking the trend in 2000. “Actively disengaged” employees are at an all-time low at 13 percent. While this is a reflection of the improvements to the modern workplace, there’s still much work to be done by organizations to ensure they’re setting foundations for positive work environments. This is the skill of a good people manager if he can ensure this environment.

Why is employee engagement important?

Gallup notes, “the remaining 53 percent of workers are in the ‘not engage’ category. They may be generally satisfied, but are not cognitively and emotionally connected to their work and workplace; they will usually show up to work and do the minimum required, but will quickly leave their company for a slightly better offer.” That total 66 percent (actively disengaged plus not engaged) represents an opportunity to retain talent by bringing greater awareness to engagement and looking for ways to positively impact the employee lifecycle.

Employees Engagement

The focus on employees engagement is on the rise globally. And it is not an issue relegate only to the HR team of an organization. It is a business concern that requires serious consideration. In this piece, we discuss what employee engagement means, why it is critical to the bottom line of an organization, and effective technology-enabled employee engagement strategies.

Simon Sinek, author of Start With Why, describes employee engagement in the simplest of terms: “When people are financially invest, they want a return. When people are emotionally invest, they want to contribute.”

Gallup’s Study

When employee engagement is high, Gallup found that companies benefit from:

Higher customer satisfaction: Customer satisfaction levels were up to 10% higher for companies with the most engaged teams.

Higher productivity: The most engaged teams were 21% more productive.

Greater profits: Businesses with the most engaged teams had 22% higher profits.

Beyond those high-level impacts, Gallup’s study also reported that in companies with high engagement rates, employees took fewer sick days, retention rates were higher, inventory shrinkage was smaller, safety incidents were less frequent, and product defects were less common.

Employee engagement is one of the key competitive differentiators in today’s business landscape. A highly-engaged workforce performs remarkably better than its counterparts, benefiting everyone in the company, from individual team members to leadership, as well as customers and shareholders.

https://tkes.net/strategies-print-online-advertising.html/

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The Advantages of Making Signage with the Best Services

The Advantages of Making Signage with the Best Services

You must be clever in determining advantages of the companies engaged in signage. Signage services are services that provide signage manufacturing and installation services with quality materials, for example, signage made of stainless, acrylic, brass, LED, galvanized, and others to meet the needs of consumers.

The Advantages of Making Signage with the Best Services

If you entrust the best signage services at nordiksign.dk, then below are some of the benefits that you can find.

Experienced

The owned experience will help you get maximum results. Making signage will suit your needs and desires. Do not believe it? Please go to the Portfolio page on their website.

Clients who work with signage services will be satisfied with the work they do. Most of all give a plus to them.

Good and Fun Service

When you work with signage services. Then good service from them will be a distinct advantage for you because it will be easier to consult with their side.

In addition, the existence of a pleasant service can also affect the relationship between you and them as a provider of signage manufacturing and installation services.

The most interesting thing is the consulting service is usually given FREE. While looking at the product, you can ask further about signage. So that you have better knowledge to develop your business promotion media capacity going forward.

No Time-Consuming

They certainly have experts and professionals in making signage. Thus, the work they do will not take up your time. They will always pay attention to the quality of the installation in order to maintain confidence in them. Flexible processing time they can do according to your wishes.

More Maximum Results

Not only fast in progress. They also carry out advantages workmanship in accordance with world standards, this makes the workmanship run smoothly and maximum results.

Types of Materials Used Environmentally Friendly

When you use signage materials from them, you don’t need to worry about the danger. Because the material they make has been processed in such a way, so it will not cause pollution to the environment so that it is safe.

They Will Provide Examples of On-site Care

As a professional service provider in their field, they will provide ways to maintain signage on the spot (when you visit their workshops) so that later on you can practice it yourself without having to call for services and incur a lot of costs.

Low Prices They Give Specials for You

If you are looking for professional services in making signage, do not hesitate to cooperate with them. Because of the low prices, they will provide a special price for you. Low prices will not discourage the quality of the products they make.

How, interested?

https://tkes.net/impact-real-time-monitoring-efficiency.html/

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Why Restaurant Owners Should Outsource Accounting Tasks

Why Restaurant Owners Should Outsource Accounting Tasks

Restaurant owners and bar owners are faced with many tasks. Of course, one of the most significant tasks is making sure that their business makes a profit. However, tending to numerous business tasks disrupts the workflow of the business and slows down the performance of the entire business. Certainly, an owner that is in the back office crunching numbers and worrying about profit margins and accounting tasks is going to lose his edge to run the operation efficiently. The stress of crunching numbers and other financial tasks is going to lead to undue stress. The managers main function should be out front making sure that the customers are satisfied, and the business is working efficiently. Learn more here https://www.keepingyourbalance.com/restaurant-bars. Here are advantages to outsourcing accounting tasks.

Accounting

More Time

Of course, handling the payroll, compiling financial reports, reviewing profit margins, and other business-related tasks are important. However, the owner or manager of a restaurant should devote the majority of their time to other important tasks like making sure that the customers are satisfied with the services that they received or keeping an eye on the daily operations. Financial tasks take away from this important managerial role. A business that decides to outsource these tasks frees up plenty of extra time for management to handle important daily operations that ultimately affect the profit margin.

Save Money

The fact is that most restaurants or bars do not rely on the manager to fully take on the role of financial analyst or accounting manager. Instead, the business will hire a full-time accounting staff or bookkeepers to handle all the financial details of the operation. Adding extra full-time employees cost more money and drains the profit margin. The manager also spends an enormous amount of time supervising those workers and training them too. However, outsourcing is actually a way to save money on training and hiring full time employees. Hiring a professional accounting service frees up the need to hire new staff or train new staff.

Better Management

The fact is that a professional accounting or financial service. It is equip with the latest state of the art tools for keeping financial records. They are able to gather data and give the owner a quick assessment of their business. In real time and deliver customized solutions to guide the business to further success. The business is able to use the compiled data and make more strategic decisions about the operation of their business.

Is It Time To Outsource Your Accounting Tasks

Every small business owner to large corporation reaches a point that requires them to consider outsourcing their accounting tasks. Generally, if the owner or management team is spending far too much time on sorting out financial records, handling tax matters, or payroll tasks, it is definitely the time to outsource those tasks. The owner and management team are losing precious time. This is time to devote to making sure that the customers are satisfy with the service and interacting with the staff and keeping them on the right track.

https://tkes.net/3-reasons-promotional-gifts-benefit.html/

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4 Strategies to Create Standout Packaging Designs

4 Strategies to Create Standout Packaging Designs

The packaging of a product often serves as the first impression of a brand for the consumer, so the most successful companies will always try to keep their merchandise wrapped in something fresh, striking and unique. To achieve this, it is recommended you follow these four strategies and position your packaging among the best options presented to consumers.

Strategies

In order to stand out as a successful brand, packaging design companies suggest four trends and strategies to package products according to the tastes of the consumer and to take better advantage of techniques applied by other international brands to increase sales.

  1. Be seasonal

One of the important ways for companies to maintain interest in the market is through making slight changes in the way of selling a product; adapting the packaging to the different seasons of the year. M&M’s is one of the most successful companies to venture into this technique. The first step is to identify how your product itself might be adapted to the annual holidays and the different seasons.

How do you get consumers to notice these new and interesting elements? By changing your packaging to embrace that specific holiday. As already mentioned, M&M’s is a leading brand in the world for introducing its characters into the minds of consumers by giving a little joy, changing colours and a touch of humour; however, you must not lose the essence of what your brand means when implementing such special seasonal designs.

  1. Befriend the environment

Especially in recent years, caring for the environment has become a highly targeted aspect for many companies. Consumers want to buy a product that makes them feel like they are doing something to help the world.

A good example of an industry trying to promote products that respect the environment is the water bottle industry. A couple of years ago, most of the major water bottling companies created new plastic water bottles that use about 50% or less plastic than the original containers. These companies found that these bottles are more cost effective, efficient and, most importantly, respectful of the environment.

  1. Customize territories

A great example of this is Absolut Vodka, known for successful experimentation in packaging with designs representative of cities and countries. They do a great job in selecting the major cities with their bottle containers, and this type of localised labelling is understandably the hardest thing for a company to do.

It is difficult to attend to different demographic groups purchasing a product. To achieve this effect, the company has to create a profile for the target audience. A lot of details, including location, age, gender and main interests are required to fully understand the way of thinking of the consumer.

The bottle of Absolut London was a collaboration with the artist Jamie Hewlett (known by the virtual brand Gorillaz). The design represents a unique take on the style and fashion of London for the past 200 years. The use of different images and concepts to reach a specific demographic is an excellent way to reach consumers.

  1. The appeal of nostalgia

Packaging changes constantly. New technologies and new trends are always emerging, but there is the rare occasion when the public can be wooed by a sentimental bond with the products with which they grew up.

Retro packaging is not appropriate for all brands, but some companies, such as General Mills, are trying to bring back retro packaging design. This goes back to the past, it generates credibility for a brand. Simple fonts and often faded colours are used, they have direct references to past times and mix it with the new and modern. The goal at the end is nostalgia.

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