A:

Before the advent of electronic trading platforms, the floor of the stock exchange was the location for market transactions in stock exchanges. The floor of the stock exchange is the physical location of buying and selling stocks on a stock exchange. On the floor of the stock exchange, traders and brokers, surrounded by computers, buy and sell stocks for their various accounts.



While trading on the floor of the exchange is being slowly eroded by electronic trading platforms, this method of trading is still active today. So, traders are not trading on the floor of exchange because they don't have desks, they are there because standing on the trading floor is still a way of trading on the stock exchange. (To learn more, see The Tale Of Two Exchanges: NYSE And Nasdaq.)



This question was answered by Chizoba Morah.



RELATED FAQS

  1. What is the average price-to-book ratio for companies in the drugs sector?

    Find out more about the price-to-book ratio and what the average P/B ratio is for companies in the drug manufacturers - major ...
  2. How is the rule of 70 related to the growth rate of a variable?

    Find out more about the rule of 70, what it is used for and how it is related to the growth rate of a variable.
  3. What's a good forex strategy to use when spotting a Wedge-shaped Pattern?

    Find out more about the rising and falling wedge formations and how to implement a forex strategy when you spot these patterns ...
  4. What's the most accurate way to find out a nation's nominal GDP?

    Learn about easy-to-use and most reliable sources for finding a country's nominal GDP data and which sources contain the ...
RELATED TERMS
  1. Dividend

    A distribution of a portion of a company's earnings, decided ...
  2. Einhorn Effect

    The sharp drop in a publicly traded company’s share price that ...
  3. Institutional Ownership

    The amount of a company’s available stock owned by mutual or ...
  4. Market Value

    The price an asset would fetch in the marketplace. Market value ...
  5. Acquisition

    A corporate action in which a company buys most, if not all, ...
  6. International Finance Corporation

    The International Finance Corporation is an organization dedicated ...

You May Also Like

Related Articles
  1. Economics

    Tech Startup Momentum Being Generated ...

  2. Active Trading Fundamentals

    Who are Charles Schwab's (SCHW) main ...

  3. Investing Basics

    Here's How To Tap International Markets

  4. Stock Analysis

    The World's Top Ten News Companies

  5. Investing News

    Looking To Invest In U.S Start-Ups? ...

Trading Center