الشؤون المالية - بورصة الاسهم المالية .. الحاسبات تعمل

Financial Affairs - Stock Exchange .. Computers work

Financial Affairs

Routine office work was one of the first areas in which the computer was used due to the monotony of this work and its abundance, which makes its mechanization feasible and easy at the same time. The use of the computer has become widespread in banking, accounting, insurance and investment companies, stock exchanges, and in preparing payroll schedules and organizing storage in warehouses. Companies interested in computers and curricula for these areas have developed software libraries for the basic assumptions that make up these works, thus facilitating the integration of a number of these assumptions to form programs that suit any situation that may be encountered.

Stock Exchange

Perforated Stock Exchange work begins with the specialized broker, when a customer comes to him to buy or sell shares. The broker prepares a sale or purchase form detailing everything related to the transaction. The transaction is then entered into the broker's daily work schedule and its details are saved on cards. When the cards are punched, the information is simultaneously transferred to a paper tape, which at the end of the day collects the details of all the transactions that took place that day. The tape is used to send this information, via a remote stamp port in the broker's office, to the central data processing station of the stock exchange, where the transactions are entered into the customer's account, whether creditor or debtor, and the bonds are sent to or collected from the customer. The central computer analyzes all the transactions at the end of the day and prepares statements for each broker.

The computer also prepares a "delinquency" table detailing any failure to pay an account or deliver or not receive bonds. This table is always kept up-to-date and complete, as no transaction is deleted from it until it is properly settled.

The computer also prepares a daily activity report showing the traded shares and exchanges for each company on the stock exchange, and a list of all errors in accounting and in share exchanges that have not yet been corrected is prepared and printed on special cards with information related to new customers, or what indicates a change in the status of existing customers, and copies of these cards are sent to the relevant brokers.

Data crossings in banks.