“Recennt prosperity of e-commerce in India” (it's impact on economical development)

Electronic trading is buying and selling securities through Internet or other electronic means such as touch-tone telephones, wireless access and other new technologies. Transaction shave traditionally been handled manually, between brokers or counterparties. However, starting in the 1970s, a greater portion of transactions have migrated to electronic trading platforms. The first electronic trading platforms were typically associated with stock exchanges and allowed brokers to place orders remotely using private dedicated networks and dumb terminals. Early systems would not always provide live streaming prices and instead allowed brokers or clients to place an order which would be confirmed some time later; these were known as ‘request for quote ’based systems.