Tuesday 23 February 2016

Patrick McKillop of Pembroke - What is an Equity Trader?

Equity trading is a major aspect of banking, finance, and business. Patrick McKillop has a lot of experience in equity valuation and trading. He is a resident of Pembroke and a financial professional who has been in the industry for over two decades. He enjoys the challenges of working with equity trades and has honed his finance skills over the years. Many people who are not in the finance industry often wonder what equity is and what it is that equity traders do.

In the financial industry, equity trading refers to the buying and selling of company stock and shares. This process can take place at a major stock exchange, such as the New York Stock Exchange, or at over the counter (OTC) markets. The venue in which stock is sold is dependent on the size of the company. The shares of companies whose stock is publicly traded, are bought and sold through the major stock exchanges. Smaller public company buy and sell their stock through over the counter (OTC) markets.

Equity traders are professionals who monitor the stock exchanges. They are also often in charge of buying and selling stock for their companies. These professionals have often worked hard to become experts in the stock market exchange. They analyze the value of various company stock and use that information to purchase and sell stock.

Patrick McKillop is a financial professional in Pembroke, MA. He has spent several years working on the valuation and trade of equity for the financial firms with which he was affiliated.