What is Trading and Its Types?
In simple terms, trading is the exchange, buying, or selling of goods, services, or financial assets. As times have changed, traditional trading has moved online and evolved into various specialized forms. Globally, electronic trading officially began in the 1970s with the establishment of NASDAQ as the world’s first electronic stock market. At that time, price updates were still executed manually by market makers rather than fully automated algorithms. Later in the 1980s, pioneering companies like E*TRADE emerged, introducing computerized tools that allowed everyday individual investors to participate in electronic trading. When the internet became widespread in the 1990s, web-based online trading truly took off worldwide. How Online Trading Works: Essential Requirements To get started with online trading today, you need certain fundamental tools and resources: Devices: A smartphone, laptop, or desktop computer to access trading applications and platforms. Broker: A regulated ...
