Securities Trader (August Issue)
2012/ 08/ 28 by jd in Global News
We have moved “from the paper blizzard 50 years ago when average daily volume on the New York Stock Exchange was 14 million shares to today’s “slow” market, when 6 billion shares are traded each day, at a thousandth of a blink of an eye.” Today, “orders can get acknowledged in 310 millionths” of a second and some pre-trade risk controls take place in just two billionths of a second.
Tags: Acknowledgement, NYSE, Risk controls, Trading volume
