Technology and the Stock Market
The purpose of this research paper is to prove that technology has been good for the stock market. Thanks to technology, there are now more traders than ever because of the ease of trading online with firms such as Auditrade and Ameritrade. There are also more stocks that are doing well because they are in the technology field. The New York Stock Exchange and NASDAQ have both benefitted from the recent technological movement. The NYSE says they “are dedicated to maintaining the most efficient and technologically advanced marketplace in the world.” The key to that leadership has been the state-of-the-art technology and systems development. Technology serves to support and enhance the human judgement at point-of-sale. NASDAQ, the world’s first fully electronic stock market, started trading on February 8th, 1971. Today, it is the fastest growing stock market in the United States. It alo ranks second among the world’s securities in terms of dollar value. By constantly evolving to meet the changing needs of investors and public companies, NASDAQ has achieved more than almost any other market, in a shorter period of time. Technology has also helped investors buy stocks in other markets. Markets used to open at standard local
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Some common words found in the essay are:
Exchange NASDAQ, System BBSS, NYSE NASDAQ, Display Book, Tape System, Arm Monitor, , Trading System, Auditrade Ameritrade, trading floor, stock market, trading floor operations, enhanced information, market information, using wireless, overhead crowd, auction market, afterhours trading, floor operations, daily trading,
Approximate Word count = 1256
Approximate Pages = 5 (250 words per page double spaced)
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