As a result, interest in such platforms that provide both training and informational guides grew. It also warrants the use of the internet as the underlying network, reducing the importance of location.īecause commission costs have decreased over time, investors and traders started using trading platforms to undertake some of their market research and analysis. ![]() ![]() However, over the past decade, trading platforms have improved to allow for live streaming rates and almost instant order execution. These systems were referred to as "request for quotation" systems. Early systems did not necessarily offer live-streaming rates, instead, they allowed brokers or users to place orders that would have been confirmed later. The earliest electronic trading platforms were usually affiliated with stock exchanges, allowing brokers to make orders remotely via what were known as dumb terminals and private dedicated networks.
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