Mar 10 2008
Stock Trading: Electronc vs Floor
Trading on the exchange floor is a more personal and exciting way to operate. It is interesting to watch hundreds of folks on the stock trading exchange floor moving about in a hurry, making gestures, and shouting to each other.
The electronic stock trading system, though less personal, is more efficient. It is faster and provides a higher level of service. It is preferred by large companies and by most individuals because your trades can be confirmed almost instantly. You can familiarize yourself online with the market you are interested in. The New York Stock Exchange prefers exchange floor, with a small amount of electronic exchange. Their rival, NASDAQ, is totally electronic.
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