Investment Platform Research Articles

Modification of technical analysis indicators and increasing the rate of return on investment

Abstract Financial markets are seen as one of the most important markets in economic terms. The activities of investors in the financial markets consist in predicting how best to invest the accumulated capital, using all kinds of analyzes and forecasts. In the literature on the subject, apart from fundamental analysis, technical analysis is distinguished. While the first one is to help you choose a specific asset with profitable potential, technical analysis is designed to help the investor find a specific moment that is most suitable for buying or selling. The aim of the article is to demonstrate the potential benefits associated with modifying the default settings of technical analysis indicators on the example of the EUR/USD currency pair using the MetaTrader4 investment platform. Analizing was carried out on the basis of the most popular currency pair in terms of turnover on the Forex market - EUR/USD. The research used an investment strategy based on Parabolic SAR and Relative Strength Index RSI technical analysis indicators, whose indications were verified both in the context of default settings and after the author‘s modification. The results of the conducted research indicate significant differences, depending on the adopted parameters of the above-mentioned indicators.

Predictors of intention to adopt fintech among digitally active customers in Nigeria

The proliferation of technology has innovated new ways of saving and investing money: online savings and investment platforms [OSIPs]. Predicting the intention to adopt Fintech has triggered the interest of many researchers in academia and industries. The primary objective of this study was to examine factors influencing the intention to adopt OSIPs in Nigeria by using data gathered from 640 digitally active citizens from selected cities in Nigeria. Reliability and validity tests were conducted through construct reliability and discriminant validity, respectively, through WarpPLS. Data were computed with the Statistical Package for the Social Sciences (version) 24 and analyzed with structural equation modeling via WarpPLS. The findings of this study showed that performance expectancy, effort expectancy, and social influence significantly affect attitude while facilitating conditions predict intention to adopt. It was also found that attitude significantly influences the intention to adopt OSIPs. The paper also discusses the study’s research limitations and presents implications for theory and practice.

Prospects of Trade Management System (TMS) in Nepalese Stock Market: Evidence from Structural Equation Modelling

This paper attempts to get opinions from the TMS users about its performance along with its main barriers in Nepalese stock market. Signaling theory and explanatory research design are adopted to seek causal relationship amongst online stock traders in Kathmandu valley. Following convenient sampling technique, 316 TMS users were interviewed with structured questionnaire; where data collection is done by using Kobo Toolbox. Structural Equation Modelling (SEM) is used to see the prospects of Trade Management System amongst TMS users using SPSS and SPSS AMOS software. Findings indicate that volume signals and online trading are significant causal relationship to investment behavior of TMS users in Kathmandu Valley which support Signaling Theory. Therefore, online trading would emerge as a more reliable investment platform and will provide large-scale investment possibilities in Nepalese stock market.

Perlindungan Hukum Terhadap Investor pada Investasi Illegal Secara Online dalam Perspektif Viktimologi

In general, Indonesians are still fairly unfamiliar with online investment, including online investment platforms and current rapid technological developments. This is the capital for perpetrators of illegal investment fraud online to commit their crimes. Often the illegal investment crime ends up being a case of fraud, even the victim's funds are difficult to return. This research is intended to find out about the statutory policies in handling criminal cases of illegal investment fraud online, and steps in suppressing cases of illegal investment fraud so as to create legal protection for investors. The method used in this study is normative juridical by combining various literature related to illegal online investment in Indonesia. Research shows that the legal protection of investors in illegal online investments has met the formulation contained in Articles 1 and 2 of the ITE Law. However, not all provisions stipulated in the ITE Law are related to online investment fraud. Only one clause in article 28 paragraph (1) contains acts as stipulated in article 378 of the Criminal Code on fraud. Although the elements in Article 378 of the Criminal Code are fully fulfilled, there is an element of online fraud. Until now, electronic media has not been known in the Criminal Code and the Criminal Code

DEPICT THE ROLE OF FACTORS AFFECTING BEHAVIOR OF INVESTORS TOWARD SETTING THE INVESTMENT AVENUES AND CHOOSING THE BEST INVESTMENT PLATFORM: AN EMPIRICAL ANALYSIS

The present study depicts the role of various factors affecting the behavior of investors towards set investment platforms and their priorities in choosing the best investment avenues. Its first aim is to get fully acquainted with various factors: Demographics and other influencing factors affecting investors' behavior towards choosing investment avenues. The second aim is to find the best investment platform in the Indian financial system. The third one perceives investors' perceptions and behavior while choosing their best investment priority and selecting the best investment platform. And fourth measures the relationship between various factors and investment avenues. The study mainly concerns and focuses on generating new epistemology (knowledge) in financial investment decisions with the effect of influencing factors for choosing the best investments, simultaneously getting a conceptual framework with Financial Behavior & Attitude glimpse. This study hypothesizes the demographic factors affecting behavior or not and measures relationships between other investment influencing factors & investment avenues. The study has conducted an empirical analysis based on observation, personal experience, and data collection through generated questionnaire links shared with the target audience. The target audience is housewives, daily wage earners, working professionals, government employees, and businessmen, with a sample size of 160. The data analysis and measurement are based on Percentage Analysis, T-test, and ANOVA.

MAIN DIRECTIONS AND PRINCIPLES OF THE RECONSTRUCTION PLAN OF UKRAINE

The recovery plan of Ukraine takes into account the experience of European countries, and also suggests the use of principles, approaches, tools and practices of the European Union. Within the framework of the plan, a list of National programs for achieving key results is defined. The plan envisages the maximum involvement of international partners from all corners of the world. Ukraine's recovery plan has two key dimensions. According to the first, the reconstruction of the country and the reforms should take place in accordance with the best rules and practices of the EU, because the goal of our state is membership in the European Union. The second dimension involves the regional principle, when foreign partners take patronage over different regions of the country, finance and directly participate in the preparation and implementation of reconstruction projects. The recovery plan released by the government is an agreed draft that needs to be refined and detailed. Now the country's government is consolidating the efforts of the public, business associations in partnership with the international community to improve the plan in accordance with the principles of Lugano. Ukraine should become a benchmark for recovery and an example for future generations. Ukraine will be a huge construction and investment platform that can give impetus to the development of European economies. Keywords: Marshall plan, Lugano principles, EU integration process, revival plan.

Understanding public perceptions and intentions to adopt traditional versus emerging investment platforms: The effect of message framing and regulatory focus theory on the technology acceptance model

With the rise of blockchain technology, asset tokenisation – issuing blockchain tokens to represent asset ownership – is expected to become more prevalent. This study uniquely proposes that tokenised health data could serve as a digital currency for the purchase of tokenised financial assets, and draws upon technology acceptance model, framing, and gamification to examine the Singapore public's acceptance of such emerging platforms compared to traditional investment platforms. We test how message framing (through promotion-prevention message frames and gamification) influence perceived ease of use and perceived usefulness of traditional investment versus asset tokenisation platforms, and how regulatory fit and risk propensity moderates these main effects. Using a 2 (promotion-focused versus prevention-focused message frame) × 2 (gamification versus non-gamification) × 2 (traditional investment versus asset tokenisation platform) between-subject factorial design, results showed that when users’ regulatory orientation and the message frame matched, the investment platform's perceived risk was lowered. Risk-taking users perceived gamified investment platforms as easier to use and useful, and vice versa for risk-averse participants. Gamified platforms were perceived as easier to use. Prevention-frame messages led to higher perceived risk than promotion-frame. The findings provide future direction in tailoring more effective messaging to influence attitudes and intentions towards investment platforms.

Pengembangan Backend Investasi Berbasis Website pada Ekosistem Digital Ihya dengan Metode Iterative Incremental

Technological developments in the industrial era 4.0 are very fast coupled with the COVID-19 pandemic. The digital ecosystem is one that has developed rapidly during the pandemic, many people need a complete platform to meet all their needs, so the presence of a digital ecosystem is expected to provide all user needs. One of the things that users want in a digital ecosystem is an investment module. The existence of a digital ecosystem with an investment module will greatly help people who need capital and creation due to the pandemic. However, at this time there are still few digital ecosystems that have this module. So there is a need for a digital ecosystem that has an investment module to make it easier for users to access and use it, so the creation of a website-based digital ecosystem called Ihya, especially on the investment module. The creation of the digital ecosystem website was made using the iterative incremental method as its development method. The development of the Ihya digital ecosystem on investment modules made using the PHP programming language with the Laravel framework and the CSS Bootstrap framework, and stored in a MySQL database. The investment module in the Ihya digital ecosystem was tested using the black-box testing, user acceptance test, and load test methods. After testing, the Ihya digital ecosystem investment website meets user needs as an investment platform with a user acceptance test value of 85.1%.

Stablecoin-Based Digital Trading and Investment Platforms and Their Potential in Overcoming Sanctions Restrictions

The current article summarizes the main properties of stablecoins and explores their potential use in digital platforms to solve problems of supporting foreign trade and investment processes in countries subjected to restrictions on a wide range of its interactions with foreign countries, companies and international markets. Empirical results show that gold-backed stablecoins, being effective at hedging assets in certain situations, provide countries with the opportunity to distance themselves from traditional financial institutions and reserve currencies in the context of external operations. Digital trading and investment platforms created on its basis do not exclude the risks inherent to the instrument. Moreover, they are exacerbated by continuing and increasing sanctions pressure on the economy integrated with such platforms. However, at the same time, these assets remain one of the most effective ways to support foreign trade and investment processes in these countries. The thesis is proven using an informalized method based on expert evaluations regarding the possibility of digital platforms overcoming trade and investment sanctions, the effects of which on the Russian economy cannot yet be accurately predicted. The study proposes two scenarios for the development of these platforms, potentially expanding the boundaries of foreign trade and investment interaction of the country subjected to sanctions with international markets.

Investment platforms and their role in the development of financial innovations

Aim. The presented study aims to analytically assess the operating conditions of investment platforms and to substantiate the importance of their development as a driver for promoting financial innovations.Tasks. The authors determine the place of investment platforms in the system of factors affecting the development of financial innovations; investigate and compare the key operating conditions of investment platforms; identify the most suitable investment platforms depending on the purpose of fundraising; comparatively analyze the performance of investment platforms according to annual reports and identify leaders according to the indicators under consideration.Methods. This study uses the dialectical systems approach, systematization, comparison, logical analysis, and general scientific methods.Results. The study compares the key operating conditions of investment platforms and identifies the most suitable investment platforms depending on the purpose of fundraising. Based on data from the annual performance reports of investment platform operators, a comparative analysis is performed and leaders in terms of such indicators as the amount of loans and investment are identified. In addition, the authors determine the place of investment platform development in the system of factors affecting the development of financial innovations.Conclusions. Based on the performed analysis and trends in the development of the financial technology market, the authors conclude that the use of investment platforms offers undoubted advantages, namely: for investors – a low entry threshold, for the business – an opportunity to quickly get low-cost financing for a business project without collateral. Being an innovative way of attracting financial investment, investment platforms act as a key driver in the development of financial innovations.

The Impact of Financial Literacy on Investment Decisions: A Study on Generation Z in Bandung

The digitation of financial services is changing the way people participate in the financial markets as well as their daily lives. Automated technology in the online investment platforms have made it easier for people, especially Generation Z to invest because this feature aims to create an easier way to access the investment process by integrating financial services into investment selections. This research will focus on the relation between financial literacy and investment decisions. This study will measure how impactful is financial literacy in people’s decision on investment. The population of this research is the members of Generation Z, people who were born in 1997 to 2021, and are fulfilling the requirements to do an investment, that specifically live in Bandung, Indonesia. Online questionnaires were conducted and there were more than 200 respondents who participated in this research. Quantitative method was used to analyse the data collected. The relationship between financial literacy and investment decision was analysed using linear regression with SPSS software. The result showed that financial literacy affected people’s investment decisions. Hopefully this research can give some guidance for people who are experts in the financial sector and can spread more awareness regarding the importance of financial literacy.

Blockchain, Cryptocurrency, and Real Estate: The Current Situation and Prospects for the Next 5 Years

Blockchain technology is a platform for transactions and investment. It includes Cryptocurrencies, of which there are dozens of investment vehicles. Bitcoin and Ethereum are the best known. Crypto is an emerging asset class and offers some portfolio diversification benefits and attractive return rates. Some crypto investments are stablecoins and are tethered to underlying currencies like the US dollar. Blockchain allows ease of access and transparency and provides a cloak of pseudonymity, which may be incompatible with owning real estate, which generally has ownership and transactions as public records. This article provides a brief primer on the intersection of blockchain, cryptocurrencies, and real property. It reviews the various ways that these emerging technologies and instruments are used in real estate investment today. We investigate a blockchain-oriented investment platform, RealT, and report on their business model and customer-servicing interface. Their model offers tokenized real estate to a wide range of qualified investors, and many of the occupied houses feature secure cash flows in the form of Section 8 tenants. If properly developed, the model appears sustainable and can rejuvenate inner-city residential property markets and open the door for a greater ROE for not-for-profit groups.

Digital Rights as Objects of Civil Rights in Russia

Following a comprehensive study and analysis of theoretical provisions and private law regulation, the author identifies specific features of the definition of digital rights as an object of civil rights and assesses the emergence of the new concept of «digital rights» for domestic civil law in the legislation. Particular attention is given to the wording of the concept of digital rights contained in the Civil Code of the Russian Federation. The main problems that gave rise to numerous discussions in the science of civil law regarding the legal definition of digital rights are identified. Attention is drawn to the fact that, according to the current civil legislation of the Russian Federation, digital rights include only those that are directly named as such in the law. Following a systematic analysis of the current legislation and doctrinal provisions in the area under study, the author concludes that the transferability of digital rights is limited. The adopted federal laws on attracting investments using investment platforms and on digital financial assets are considered, utilitarian digital rights and digital rights that relate to digital financial assets are analyzed. Attention is also given to other problems that arise as a result of the modernization of civil law regulation of public relations in the field of digital rights, for example, regarding the contradictions in the terminology used by the legislator that give rise to numerous discussions (in particular, «information systems» when defining the category «digital rights»), and possible mechanisms to overcome them. The conclusion is made about the importance of the appearance in the domestic civil legislation of norms on digital rights, indicating the desire of the legislator to respond in a timely manner to the challenges of the transforming digital reality, which will serve as a necessary prerequisite for further regulation of civil law relations that are rapidly changing under its influence.

Sentimen Analis Thread Investasi Pada Twitter Menggunakan NaïveBayes

Social media is one of the market shares that allows people to consume news or promotions from an investment service because the source data is abundant and is updated every second on the internet. Social media is vulnerable to containing news or information on an investment platform and other forms of investment that are illegal or called fraudulent investments, so to overcome this, an Investment Thread Analyst Sentiment on Twitter is needed. The method used to evaluate investment threads to obtain positive and negative feedback is nave Bayes. The research results received a precision score of 0.69, recall of 0.70, f1-score (f-measure) of 0.74, and accuracy of 0.7.

The Influence of Perceived Usefulness and Perceived Ease of Use on Preference of Undergraduate ITB Students on Choosing Mutual Fund Investment Platform

From the beginning of the pandemic until now, many new investors have emerged. Some securities also issue various innovations so that investors can invest effectively. Not only securities, even electronic wallet providers also work with securities so that they can invest in their e-wallet applications. In today's era, investors are given many choices in determining the desired investment platform, including mutual fund investment. This study will try to examine the effect of perceived usefulness and perceived ease on the selection of a mutual fund investment platform by undergraduate students at the Bandung Institute of Technology. This research has found that perceived usefulness and perceived ease of use of mutual fund investment applications have a significant positive effect on the selection of mutual fund investment platforms by undergraduate students at the Bandung Institute of Technology. The findings of this study emphasize the importance of the mutual fund investment platform provider to develop the features available on the mutual fund investment platform in order to increase the perceived usefulness, and to develop the User Interface and User Experience of the platform in order to increase the perceived ease of use of the mutual fund investment platform.

FAKTOR-FAKTOR YANG MEMENGARUHI MINAT GENERASI MILENIAL MEMILIH BERINVESTASI PADA PLATFORM DIGITAL

This study’s purpose was to analyze the influence of financial literacy, personal interest s , and digital investment application services on the Millennial's investment interest in the Bibit Application, a Mutual Fund Investment platform for beginners. Using 100 samples and multiple linear regression analysis shows that partially, both personal interests and digital investment sevices have significant impact on the Millennial's interest in investing on this digital platform. Furthermore, all variables simultaneously also have a significant effect.

DEALS MADE BY AN INDIVIDUAL IN THE RUSSIAN INVESTMENT PLATFORM

The purpose of this research work is to provide an answer to the question, based on the disclosure of the legal algorithm for the functioning of the investment platform, to what extent the entrepreneurial activity of the investment intermediary - the operator of the investment platform is optimally regulated by the Legislator. In addition, to what extent the current legal order facilitates, accelerates, simplifies the making of investments by investors, and by recipients of investments - attracting capital to their projects. The author substantiates that the interaction of the participants of the investment platform should be organized within the framework of a single agreement, in which the platform operator, the investor, the person attracting investments will act as parties, a single agreement should be technologically executed on the investment platform according to the smart contract algorithm. This will allow you to automatically make money transfers and keep records of data on each stage of the transaction executed using the investment platform on the depository and registration platform functioning as a special electronic service on the website of the Bank of Russia. Fixing the facts of transactions made using the investment platform should be carried out in the system of a polysubject jurisdictional blockchain. Six entities (two private and four public) operating on the territory of the Russian Federation should be combined into a polysubject blockchain scheme.

Crowdfunding and modern financial technology in the western and domestic practices: the current state and prospects for development

The article in hand presents the authors’ position regarding the current state and prospects for development of crowdfunding and modern financial technology (FinTech) in the US and European practices, as well as in those of the Russian Federation at the end of the 2021 financial year. The authors study the basics of crowdfunding as financial innovations in lending and investment and distinguished seven basic types of crowdfunding. They also present the results of the complex analysis of the FinTech function mechanisms in the sphere under consideration. The article contains the performance results of five largest American crowdfunding web-sites (AngelList, Kickstarter, Fundable, EquityNet и WeFunder) and the most successful European investment platforms (Ulule, Startnext и CrowdFunder). The authors examine specific features of applying FinTech in lending and investment of the Russian Federation. The carry out the historical and territorial analysis using the registration data of all investment platforms in the official “Register of investment platform operators of the Central Bank of the Russian Federation”. Using the analysis of factual financial data at the end of 2021 from 59 companies registered as investment platforms in the above mentioned register the authors conducted financial analysis of their performance. They found out that only 50% of the companies under study were able to attract investment for financing at least one investment project. It has been stated that only 16 companies in the Russian Federation can be more attractive for private investors compared to other crowdfunding platforms, as at the end of 2021 they did not have any unfulfilled investment obligations. The article shows that development of the Russian crowdfunding law is going on systematically, because the ideas of collective financing of different small and medium business projects are actively supported at the government level.

CRITICAL DISCOURSE ANALYSIS ON FOREIGN MEDIA NEWS RELATED TO INVESTMENT SCAMS: AN ANALYSIS OF VAN DIJK’S MODEL

Van Dijk’s model of critical discourse analysis on foreign media news about “These young Indonesians became rich through 'investment platforms'. They've now been charged with fraud”. Van Dijk model consists of macrostructure, superstructure and microstructure. These three structures are used to analyze the discourse of the news text. The results of this research are: 1. The macrostructure of the text describes the theme of "investment fraud" in which there are some important points that are stated which refer back to the big theme; 2. The superstructure of the text explains the theme of the news and the scheme or order of news that is displayed in the news text. The theme or topic are found in the title, while the content and the closing of the news is found in the body of the text news; 3. The microstructure of the texts contain several elements of discourse, namely semantic aspects, syntactic aspects of stylistic aspects (lexicon) and rhetorical aspects (graphics, metaphors and expressions). The conclusion of this research confirms that Van Dijk model can be used to analyze the discourse of the news tex by using critical discourse analysis.

The internationalization of business angel networks: do syndicates increase cross-border investment returns?

ABSTRACT This paper investigates the performance effects of cross-border business angel investments. Examining 815 investments on a business angel investment platform, we find an inverted U-shaped relationship between (geographic and cultural) distance and investment returns. We further show that business angels in large syndicates are less sensitive to the costs of both geographic and cultural distance and earn consistently higher returns. Our study contributes to the literature on business angel internationalization and highlights the role of co-investment networks: network resources allow business angels to mitigate transaction costs associated with cross-border investments and improve their investment returns.