Google Updates Finance-For your convenience, Google Updates Finance offers translated versions of our Help Center, but these translations do not alter the meaning of our policies in any way. Our policies only enforce in the English version, which is the official language.
To make clear the requirements for the advertisement of debt services products with a focus on the United Kingdom, Google will revise its Financial Products and Services Policy in January 2022.
Table of Contents
What is Google Finance?
Within Google.com, a search tab called Google Finance connected the user’s interests to many Google tabs for many years. So it would make sense if Finance was adding, giving people access to primary financial data.
Google remembers what you have been looking for as a search engine component. Therefore, the top 5 stock quotes for a specific firm will be listed on your home page below the “Recently searched” button if you have recently looked for stock quotes for that company. In addition, you can select a specific firm from there to view a real-time stock quote on another page by tapping on it.
Because SEO uses for this, you will receive headlines for large companies of a higher calibre. The company-specific news in the prior edition is not available in this one. If you want information on a specific company, go to the news tab and check there.
Positive aspects of the new Google Finance Tool
Even today, desktop computers and mobile devices can access the Google Finance Tool, and the mobile version is far more user-friendly than the previous version. Even though it may condense the information in a mobile browser, everything is still there.
You can search for various businesses by name or stock symbol once in the Google Finance interface.
It includes a user-friendly platform, inexperienced investors, and well-rendered graphics to get the most recent information on stocks, currencies, bonds, funds, and other things.
WHO USES GOOGLE FINANCE?
The new Google Finance Tool won’t thrill anyone but passive buy-and-hold investors. Instead, it appears that Google will only offer general information on finances and stocks that is accessible to the general public.
However, broad information about stocks and finances is not the same as what investors need. To make investing decisions, serious investors do their homework and perform fundamental or technical analyses.
Investors utilizing fundamental analysis see a company’s worth from a long-term perspective. Therefore, the company’s specific activities and balance sheet, as well as information about the current status of stock. Google Finance does provide some of this information, but not enough.
Traders that use technical analysis look at a chart’s price movement to help them find the stock, the only chart that google’s finance tool provides does not include crucial technical analysis of investors’ needs.
The need for debt service providers to have permission to keep client funds will no longer apply as of January 17 2022, when advertising supplying debt services targeting the United Kingdom must adhere to a new regulation to be certified. Both the advertisement and the service provider of these debt solutions must still be;
(1) an authorized insolvency practitioner who is subject to regulation by an acknowledged professional body or
(2) Licensed by the Financial Conduct Authority to conduct debt counselling and debt re-evaluation.
As a reminder, we require all marketers to follow local regulations in each place of their advertising targets. All accounts that promote these financial goods are subject to this policy globally. Visit About restricted financial products certification for additional information.
Account suspension won’t happen right away without giving you a heads-up. Before any account suspension, you will receive a warning lasting at least seven days.
Advertiser cryptocurrency exchanges and wallets aimed at Bahrain and Finland may do so starting on January 10, 2023, provided that they comply with the following criteria and approves by Google.
Bahrain (Cryptocurrency Exchanges and Wallets)
If the advertiser has the required Crypto-Asset Services licence from the Central Bank of Bahrain, Google will allow it. Exchanges and wallets directed at Bahrain (CBB). Must also follow any other local legal requirements.
Finland (Cryptocurrency Exchanges and Wallets)
Suppose the advertiser is properly registered as a virtual currency provider with the Finnish Financial Supervisory Authority (“FIN-FSA”). In that case, Google will allow adverts for cryptocurrency exchanges and wallets directed at the Finnish market. However, it must also adhere to any additional local legal requirements.
We want to reiterate that we expect all marketers to abide by all applicable local regulations in the areas that their advertisements target. In addition, to all accounts that promote these financial goods, this policy will be applicable worldwide. More information is available under About certification for restricted financial items.
Account suspension won’t happen right away without giving you a warning if you violate this policy. However, before your account suspends, you will receive at least seven days’ notice.
Since Google’s Finance service debuted six months ago, a number of new features have been added, according to an announcement by Google.
Up to 40 years of historical data for US stocks are now available on enhanced charts.
Market Trends: A “top-mover” module categorized by price, market cap, volume, and many searches on the Google Finance homepage now showcases the market’s top moving businesses.
Customizable Portfolios: With various customization options, you may keep numerous portfolios and upload data from other web portfolios.
Thanks to a new design, users may now access currency data, sector performance for the US market, and a list of the top market movers.
Portfolios on Personalized Homepage: You may now view portfolios on the Google Personalized Homepage.
The noteworthy aspect of this release from a PR and social media standpoint is that Google took the effort to make a little video animation uploaded on YouTube to illustrate the new features.
You might have noticed today’s significant home page makeover if you use Google Finance. Changes include 40 years of stock market data and comparison charts for different stocks. In addition, numerous factors, like market capitalization, stock price, the popularity of searches, etc., can be used to sort supplies. A tool for importing data from Yahoo Finance is also available. In addition, Google has produced a humorous film to showcase the new Finance function using the recently acquired YouTube platform.
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