The growth in
the electronic trading of stocks, futures and options with its low commissions and speed of execution has allowed market data networks that support high - frequency trading by retail
Not exact matches
Traders on the floor
of a
stock exchange, waving slips
of paper in the air and yelling like lunatics, were already being phased out in the 1980s, as firms adopted more efficient
electronic trading platforms.
This new world
of stock trading, in which volume is fragmented among dozens of electronic trading networks instead of concentrated on the floor of the New York Stock Exchange, has both benefits and drawb
stock trading, in which volume is fragmented among dozens
of electronic trading networks instead
of concentrated on the floor
of the New York
Stock Exchange, has both benefits and drawb
Stock Exchange, has both benefits and drawbacks.
First, the issue with the
stock market is that with the advent
of electronic trading, the many get rich quick people have turned it in to something not much better than going to the horse track and gambling.
A pioneer to
electronic trading, Toni has over two decades
of experience in
trading stocks, futures, options & Forex!
For purposes
of rules determining price limits and
trading halts, RTH and ETH refer to, respectively, the Regular Trading Hours and the Electronic Trading Hours of the Standard and Poor's MidCap 400 Stock Price Index F
trading halts, RTH and ETH refer to, respectively, the Regular
Trading Hours and the Electronic Trading Hours of the Standard and Poor's MidCap 400 Stock Price Index F
Trading Hours and the
Electronic Trading Hours of the Standard and Poor's MidCap 400 Stock Price Index F
Trading Hours
of the Standard and Poor's MidCap 400
Stock Price Index Futures.
Before the prevalence
of electronic trading,
trading stocks was very costly, dropping from ~ 15c in the late 1970s to less than a nickel per share today.
IB LLC becomes a member
of the NYSE and begins executing
stock trades through SuperDot, the
electronic order routing system.
Facilitates secure
electronic transfer
of stock between the shareholder's broker and Continental and therefore gives the shareholder the opportunity to
trade at any time and not risk «missing the market» because
of delays associated with the handling
of physical
stock certificates.
Since intraday
trading means securing a
trading position within the day, if you look forward to after - hour
trades, you should be a client
of a brokerage firm that has access to ECNs or
Electronic Communication Networks, which are
trading platforms that permit after business hours
trading in major
stock exchanges.
My guess is that
electronic trading got out
of control, because human beings would not offer to sell the
stock of valuable companies for exceptionally low prices, in some case less than a buck or less than a penny.
More Than a Revolution The development and widespread adoption
of electronic trading venues represents far more than a fast new way to
trade stocks.
After the Company ceases
trading on the Nasdaq Global Market as a result
of such suspension, shares
of the Company's common
stock held in street name with brokers may be
traded in the over-the-counter market on an
electronic bulletin board established for unlisted securities such as the OTC Bulletin Board or the Pink Sheets.
In both instances, these services or products may include: company financial data and economic data (e.g., unemployment, inflation rates and GDP figures),
stock quotes, last sale prices and
trading volumes, research reports analyzing the performance
of a particular company or
stock, narrowly distributed
trade magazines or technical journals covering specific industries, products, or issuers, seminars or conferences registration fees which provide substantive content relating to eligible research, quantitative analytical software and software that provides analyses
of securities portfolios,
trading strategies and pre / post
trade analytics, discussions with research analysts or meetings with corporate executives which provide a means
of obtaining oral advice on securities, markets or particular issuers, short - term custody related to effecting particular transactions and clearance and settlement
of those
trades, lines between the broker - dealer and order management systems operated by a third party vendor, dedicated lines between the broker - dealer and the investment adviser's order management system, dedicated lines providing direct dial - up service between the investment adviser and the
trading desk at the broker - dealer, message services used to transmit orders to broker - dealers for execution,
electronic communication
of allocation instructions between institutions and broker - dealers, comparison services required by the SEC or another regulator (e.g., use
of electronic confirmation and affirmation
of institutional
trades), exchange
of messages among broker - dealers, custodians, and institutions related to a
trade, post-
trade matching
of trade information, routing settlement instructions to custodian banks and broker - dealers» clearing agents, software that provides algorithmic
trading strategies, and
trading software operated by a broker - dealer to route orders to market centers or direct market access systems.
Long before the internet, technology was already in play in the back offices, including:
electronic stock trading in the 70s, the use
of mainframe computers to track funds and support
electronic record keeping systems.
So it acts like the current state
of electronic trading in the
stock market.
The developments are a notable one, given that the past days have seen numerous reports about little - known firms — some
of which specialized in the sale
of, say, iced tea or
electronic trading tools — that see their
stock prices jump virtually overnight once they announce that they are moving to develop products or services around the tech.