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screen trading

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screen trading
n
(Economics, Accounting & Finance / Stock Exchange) a form of trading on a market or exchange in which the visual display unit of a computer replaces personal contact as in floor trading


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Ford, for his part, pointed out that replacing the former NYBOT's open outcry system with screen trading avoided the pricing anomalies and arbitrage difficulties with the old system.
The old Birmingham Stock Exchange in Great Charles Street closed in 1986 after nearly 150 years of share trading in the city when new hi-tech screen trading put paid to oldstyle floor dealers.
The newcomer, he said, was "similar to London in terms of screen trading, and I firmly believe that it will be used by the trade.
 
 
 
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