Electronic Trading or Trading in the Pits?
The Futures Industry has evolved at a remarkable speed over the past decade and a half, thanks to the telecommunications boom of the nineties. During the mid-nineties, futures exchanges worldwide began introducing electronic trading. Electronic trading took the industry by storm. At present, electronic trading is the norm. For many futures traders, it is hard to remember a time when a fill confirmation was not instant. With electronic trading comes several major advantages: streaming quotes directly from the exchanges, market depth, and onboard order execution with advanced exit strategies. Read the full article about the Future of Electronic Trading