Forex - Electronic Trading

Electronic trading, sometimes called etrading, is a method of trading securities (such as stocks, and bonds), foreign currency, and exchange traded derivatives electronically. It uses information technology to bring together buyers and sellers through electronic media to create a virtual market place. NASDAQ, NYSE Arca and Globex are examples of electronic market places. Exchanges that facilitate electronic trading in the United States are regulated by the Securities and Exchange Commission and are generally called electronic communications networks or ECNs.Etrading is widely believed to be more reliable than older methods of trade processing, but glitches and cancelled trades do occur.