Electronic trading platform
Computers and the internet changed the way we conduct business. Business communication today is lightning fast compared to the old times of faxes, telephones, and teleprinters. The internet made it possible for information to travel from one end of the world to another practically instantly. The stock exchange sector took advantage of this commodity and made a giant leap forward. Electronic or online trading platforms are now an industry standard.
Electronic trading platforms are computer programs which are utilized to trade (place orders) through an electronic network via an intermediary – usually a brokerage firm. The object of trade are financial instruments like stock, bonds, and currencies, then goods like commodities, and derivatives. The most common financial intermediaries in the online trading business are brokers, investment banks, stock exchanges and market makers. Platforms like these allow investors to undergo trading operations from any location in the world, unlike the traditional floor trading, where brokers have to yell out their orders (open outcry).
Online platforms offer many additional features. Typically, you can find live market prices, together with handy trading tools, like news feeds, account management, and charting packages. Some platforms even allow for special trading in formerly restricted financial markets, which was allowed only to specialist trading firms in the past. Electronic trading platforms of today, like the Orion Code, have come a long way from the early years of online trading and present sophisticated trading tools.
As mentioned above, the floor trading was a trademark of every stock exchange. It was a loud, confusing and sweaty place where chaos ruled and brokers fought for every order they wanted to make. However, as early as the 70s, many transactions took place on electronic platforms like alternative trading systems, the so-called „dark pools“ and electronic communication networks.
Early trading systems were far from sophisticated but were still a significant breakthrough. They included private, dedicated networks and dumb terminals. These systems did not have an option to show live prices, because of that, clients had to make their orders and have them confirmed later.
The evolution of online trading was quick. Instant execution of trades came soon, and live prices followed. The internet revolutionized the business. Today, we cannot think of a world without online trading, together with advanced features like modern graphics and diverse tools. A common practice which appeared in the 2000s was to integrate trading platforms into online trading portals.
LG Electronics has unveiled an ultraportable laptop for “young generation” with Core 2 Duo processor and hybrid hard drive (HHD). Its LG’s second laptop after R400 to feature hybrid hard drive. According to the company the 12.1-inch X-Note E200 series is designed for college students who can make a style statement with this beautiful machine. At only 1.8Kg it features 2.0GHz Core 2 Duo T7250 processor, 1GB RAM, ATI Radeon X1250 graphics, 120GB hybrid hard drive with 256MB flash, dual layer DVD burner, 1.3 mega pixel webcam, HDMI, 3 USB ports, and 5-in-1 memory reader. It’s not clear with which operating system it boots but most probably it’ll include some version of Vista. The E200 series will sell for about $1,489 in the Korean market.
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