Before digital screens, trading happened on physical exchange floors through a system called .
: Access was restricted to a few professionals; retail investors had to call brokers who checked morning newspapers for yesterday’s prices. 2. The Digital Revolution (1970s–1990s) trading platform
: Introduced by the CME Group, this system allowed traders to enter orders directly into computers for real-time matching. The Digital Revolution (1970s–1990s) : Introduced by the
: Launched as the world's first electronic stock exchange, it used computers to provide automated quotes rather than a physical floor. The transition began with the birth of electronic
: The first online trade by a retail investor occurred, marking the moment technology began to bypass traditional phone brokers.
The transition began with the birth of electronic quotation systems that replaced physical shouting with computer screens.
: Orders were written on paper tickets and processed by hand, a process that could take minutes.