Telegraph, telephone, stock exchange algorithms and automated trading have gradually led to more and more trading activity becoming automated. - Currently, most trades are automated - algorithms and parameters automated to buy sell or stand handle millions of transactions by the minute.
Telegraph, telephone, stock exchange algorithms and automated trading have gradually led to more and more trading activity becoming automated. - Currently, most trades are automated - algorithms and parameters automated to buy sell or stand handle millions of transactions by the minute.
Telegraph, telephone, stock exchange algorithms and automated trading have gradually led to more and more trading activity becoming automated. - Currently, most trades are automated - algorithms and parameters automated to buy sell or stand handle millions of transactions by the minute.
-Cutting edge technology has always played an important role in the stock market. - The latest communication, analysis and ordering tools and programs have always been sought out by traders to shorten the time between initiating and closing a trade. - The telegraph, the telephone, stock exchange algorithms and automated trading have gradually led to more and more trading activity becoming automated and governed by machinery. - Currently, most trades are automated algorithms and parameters automated to buy sell or stand handle millions of transactions by the minute, with trading limits built in automatically.
Brief History: -13 th century Belgian and French stock exchanges used scribes and couriers to transmit stock prices. -1860s Chalk boards and runners were used to relay stock prices from the exchange to brokers -1863 Stock Telegraph Edward A. Calahan creates the stock ticker. -1940 The Trans-Lux Jet display shows last minute trading prices continuously, revolutionizing communication by 1960, 3000 pieces of the wall-mounted display were installed. -late 1950s- Quotron a desktop stock information device with keypad input allowed the user to select the stocks presented. - 1961 - Ultronic Systems networked, live stock prices distributed nationally in the USA the first uses of computer technology in the stock market. Replaced by the Nasdaq electronic stock information platform in 1971. - 1986 The Personal Computer age S&P present PC Plus besides current, past, open and end prices, the computer could present information about clients, companies and trading summaries. - 1992 Globex The first international electronic trading system allowed for the tracking and trading of stocks, bonds, etc. in real time at a global level. Global financial market boundaries are lifted. 1999 Algorithmic trading is allowed by the SEC. By 2000, Trades took seconds to complete. By 2010, trades took microseconds to complete. 2011 - http://en.wikipedia.org/wiki/Electronic_trading_platform http://en.wikipedia.org/wiki/High-frequency_trading http://en.wikipedia.org/wiki/Algorithmic_trading http://en.wikipedia.org/wiki/Electronic_trading http://en.wikipedia.org/wiki/Modeling_and_analysis_of_financial_markets http://en.wikipedia.org/wiki/Financial_Information_eXchange