Query: information and communication technology on foreign exchange market

title: Information and Communication Technology in foreign exchange management
abstract: The Information and Communication Technology and foreign exchange market is a vast subject. This Article considers the impact of technological advances on the foreign exchange management and focus on transparency to determine exchange rates, transparency relates to how efficiently dealers can aggregate information in foreign exchange. There are of course many other uses of information and communication technology (ICT) that have obviously influenced the markets like, it will focus on how to manage risk in Volatile condition of foreign exchange (Fx) rates with the help of technology and take appropriate decisions to avert risk and lead to profitability in the area of Marketing, Production and finance in international marketing.

title: Dynamical Structure of Behavioral Similarities of the Market Participants in the Foreign Exchange Market
abstract: The financial markets started to be computerized due to development and spread of the Information and Communication Technology (ICT) in early 1990s. As the result rapid development and spread of electrical trading systems occurred all over the world. Moreover advance of processing speed of computers and capacity of storages leads to accumulation of activity records of market participants, high frequency financial data. By utilizing the high frequency financial data one can observe behavior of the market participants with high resolutions and analyze a large amount of data enough to quantify them in the statistically significant.

title: Multifractal Analysis in Foreign Exchange Markets
abstract: Multifractal Analysis in Foreign Exchange Markets SooYong Kim, Gyuchang Lim and Jeong Hyeon Park Department of Physics, Korea Advanced Institute of Science and Technology, Daejeon 305 701 Hyoung Lee Department of Information and Communication Engineering, Daejon University, Daejeon 300 716 Kyungsik Kim Department of Physics, Pukyong National University, Busan 608 737 (Received 21 August 2007) We investigate the breaking up mechanism of market information in the view of turbulence. We introduce novel market information and its intensity in the context of a two phase phenomenon in nancial markets. A herding behavior in nancial markets emerges from the agglomeration of market information dispersed among agents. In order to nd the underlying process of the formation of market information, we perform a multifractal analysis and compare it with the binomial multiplicative process, which is successful in describing fully developed turbulence. Through that comparison, we detect a great deviation in the multifractality of the breaking up process from the prediction of the proposed binomial multiplicative process. To explain this marked deviation, we perform a detrended uctuation analysis on the intensity of market information. PACS numbers: 05.45. a, 05.10. a, 05.40. a, 89.75.

title: Measuring website effectiveness in communicating tourism destinations in Jakarta Indonesia
abstract: Tourism is one of the largest sectors contributing to foreign exchange in Indonesia, especially for the Special Capital City District of Jakarta (hereinafter referred to as DKI Jakarta) as it is the capital city and major tourism destination of Indonesia. In accordance with the development of technology and the continuously increasing tourism information needs, the internet plays a significant role in communicating a tourism destination to a market. This research aimed at investigating the effectiveness of DKI Jakarta tourism websites in communicating the superiority of DKI Jakarta tourism destinations in attracting tourists to visit the area. This research employed a quantitative method with 240 participants as the research sample and were randomly selected from eight superior tourism sites in DKI Jakarta. To assess the effectiveness of the DKI Jakarta tourism websites, the EPIC (Empathy, Persuasion, Impact and Communication) model was adopted, while the data was analyzed using the SPSS statistical method. The research results show that, in general, DKI Jakarta tourism websites are adequately effective in representing tourism in DKI Jakarta (total score 2.82) However, on each dimensional assessment, there were still some significant differences found. The score of the impact variable was relatively small (1.96) It indicates that the DKI Jakarta tourism website displays are less effective and do not have a significant impact in attracting the potential tourists' and their interests. On the other hand, the communication variable had the highest score (3.28) This indicates that the communication patterns in DKI Jakarta tourism websites both verbally and non verbally, are good enough and result in the potential tourists' understanding more about the area. In general, the research results are expected to become a reference for the development of tourism promotion in DKI Jakarta so that its tourism sectors may optimally develop and be sustainable.

title: Things change. Foreign market penetration and firms' behaviour in industrial districts: an empirical analysis
abstract: With the introduction of information and communication technology, a brisker pace in market integration and the adoption of a fixed exchange rate, some changes seem to have occurred in the determinants of Italian industrial districts firms' competitive advantages. In this paper we use the overall degree of foreign market penetration as a performance variable and estimate which are its determinants in two different periods, 1997 and 2000, using a sample of 707 manufacturing firms located in industrial districts. The results of our ordered probit analyses suggest that indeed some "traditional" determinants are losing their relative weight, while new ones are gaining the scene.

title: Tncs' Technology Linkages with Domestic Firms: An Investigation of the Ict Industry in Suzhou, China
abstract: On the basis of a comprehensive survey in the information and communication technology industry in China's Suzhou municipality, we examine the determinants of the technology linkages that transnational corporations (TNCs) make with domestic firms. We found that TNCs' domestic supply and client linkages and their decentralization of decision making had a significant and positive effect on technological interactions between domestic firms and TNCs. However, such linkages were constrained by the technology gap between TNCs and domestic firms and they are focused on new product developments for the domestic Chinese market. The results highlight the challenges that domestic Chinese firms face in establishing 'global pipelines' of knowledge exchange. The implications of the findings on technology and foreign direct investment policies in China are also assessed, and we argue that China has potential to pave a new way of technology development by taking advantage of its indigenous capacity and sizable domestic market.

title: Comprehensive Analysis of Information Transmission Among Agents: Similarity and Heterogeneity of Collective Behavior
abstract: Recent development of Information and Communication Technology enables us to collect and store data on human activities both circumstantially and comprehensively. In such circumstances it is necessary to consider trade off between personal privacy and public utility. In the present article I discuss methods to quantify comprehensive states of human activities without private information and propose a measure to characterize global states of societies from a holistic point of view based on an information theoretic methodology. By means of the proposed method I investigate participants' states of the foreign exchange market during the period of the recent financial crisis which started around the middle of 2008. The results show that drastic changes of market states frequently occurred at the foreign exchange market during the period of global financial crisis starting from 2008.

title: COMPETITION: E COM VERSUS TRADITIONAL TRADE
abstract: Electronic trading, sometimes called e trading, is a method of trading securities (such as stocks, and bonds) foreign exchange or financial derivatives electronically. Information technology is used to bring together buyers and sellers through an electronic trading platform and network to create virtual market places such as NASDAQ, NYSE Arca and Globex which are also known as electronic communication networks (ECNs) Electronic trading is rapidly replacing human trading in global securities markets.

title: Pagkosmiopoiese kai nautilia: parallele poreia kai epiptoseis
abstract: National markets historically are composed of within a frame where there was a state power and a base for national currency. International trade saw a big development in a real global sense by the end of 19th century up to the World War I. At that time the development of international market was based on a strict frame of regulations, summarized on the fundamental rule of gold, which specified foreign exchange stability, state behavior and capital movement. Today, we are living an unprecedented period of financial globalism. There is a fastly unfolding recomposition of world trade market, capitals, know how and labor. However, there is a large asymmetry emerging: there is not a single state overtaking the old regulatory role of national state, regarding market development. New globalism is evolving without "a subject of governance" It stems from the huge development in technology of information/communication, but also from an international political consensus, that was gradually shaped for thirty years from the world's leading powers. After oil crises, banking market deregulation and the collapse of the Soviet Block the principle of free market became the organizational base of the international financial system. It is significant that while previously "globalization" was based on institutionalized rules of currency stability, nowadays, there are no such rules. In general, present globalism does not provide adequate substructures of stability. In the present study we will firstly discuss the relation of "cohabitation" between globalization and shipping industry, where globalization has increased the demands from shipping industry, while shipping industry has almost absolutely activated globalization.

title: Mobile Visitor Information System on Available Accommodation Capacity
abstract: Market transparency is one of the key success factors in the hospitality industry. Foreign visitors rely less and less on the services of tourist agencies, whereas travelling in organized groups to predetermined destinations is not as popular as it used to he. Modern tourists, especially younger population, increasingly choose their holiday destinations at the last moment, travelling on their own, frequently like nomads who change the resort several times during their holiday, and thus also their accommodation. In such conditions, especially in high season during summer, when accommodation occupancy rates are very high, efforts should he made to help the visitors find adequate lodging. Given the ubiquity of mobile phones which allow digital exchange of data, they can be easily used in conjunction with other information and communication technology to solve the problem of transparency for accommodation capacities. To do this, a simple system of digital exchange of data between visitors i.e. mobile phone users and the system for recording a\>ailable accommodation could be developed and put to use.