There are several organizations that offer financial services software to customers all around the world in order to make their trading calculations easier. Of course, for most customers, their brokers are the ones that have been given the mandate to maintain efficient software (also known as a sophisticated intraday monitoring system) that make complex calculations as well as keeps information updated during trading hours.

What this software can do for you is calculate the day trading margin while also keeping in mind the Federal and Exchange regulatory requirements which if not followed will result in penalties for individuals who are trying their hand at the stock market.

Another aspect of finding appropriate financial software is the need for accurate cost basis reporting that is the result of the new legislation in the form of the Emergency Economic Stabilization Act of 2008 that has placed stringent rules for financial intermediaries to provide financial information of their customers on a timely basis.

All these changes that will have long-term effects on people who actively participate in the daily activities are deemed necessary, and will only work out in their best interests over the next few years. And with the need of better software to comply with these regulations, one can only surmise that it is time for the financial services industry to move on to better times – times where things are fair and square!