Electronic trading

Electronic trading, sometimes called etrading, is a method of trading securities (such as stocks, and bonds), foreign currency, and exchange traded derivatives electronically.

It uses information technology to bring together buyers and sellers through electronic media to create a virtual market place. NASDAQ, NYSE Arca and Globex are examples of electronic market places.

Exchanges that facilitate electronic trading in the United States are regulated by either the Securities and Exchange Commission or [[CFTC, and are generally called electronic communications networks or ECNs.

Etrading is widely believed to be more reliable than older methods of trade processing, but glitches and cancelled trades do occur.

In modern times, financial institutions are facing unprecedented challenge in the form of exponential growth in trading volumes, order handling, trade routing and other trade applications. Scalable, cutting edge, feature rich Electronic Trading software solutions that include robust architectures are required to address these challenges. Financial industry participants trade with FIX and other related protocols, to ensure that their trading practices enhance their abilities to achieve the optimum level of straight through processing capabilities and comply with the stipulated regulatory norms. .