| The advancement of web technology has improved | | | | rather than brokers. While this system lacks dramatic |
| fluidity of stock trading by narrowing the gap | | | | descriptions of the NYSE floor, it is extremely |
| between investors and the stock market. Basically, | | | | efficient, fast and reliable. It is an ideal way of buying |
| you are not required to understand all of the | | | | and selling stocks online by individual investor. |
| technical details of how you buy and sell stocks. | | | | For the individual investor, you regularly obtain almost |
| Nevertheless, it is indeed important to have a strong | | | | instant confirmations on your trade, which is |
| foundation on how the markets actually work. | | | | important to you. It also assists further control of |
| In a fast moving web world, some of us might have | | | | online stock trading by putting you one step nearer |
| wondered how long a human-based trading system | | | | to the market. |
| like the New York Stock Exchange (NYSE) can | | | | Bear in mind that you still need a broker to handle |
| continue to provide the level of service needed. The | | | | your trades as individuals do not have complete |
| NYSE manages a small fraction of its volume | | | | access to the electronic markets. Normally, your |
| electronically, while National Association of Securities | | | | broker accesses the exchange network and the |
| Dealers Automated Quotations (NASDAQ) is entirely | | | | system finds a buyer or seller depending on your |
| electronic. | | | | order. Thus, you have to carry out a research earlier |
| Therefore, the electronic markets make use of huge | | | | or seek second opinion from your broker before |
| computer networks to match buyers and sellers, | | | | your start selling or buying your stocks. |