Electronic trading is a mode of trading that uses information technology to bring together a buyer and a seller through electronic media to create a virtual market place. Markets such as the new age stock exchanges are prime examples of electronic market places electronic trading has played an important role in the functioning of the fast-paced financial markets for many years.
In the financial markets, where instrument prices can change second by second, participants need news, real-time market data and powerful analysis tools. They also require secure, reliable electronic trading systems that provide immediate access to liquidity and enable them to deal quickly and easily. And because traders need to follow the markets as they deal, they want access from a single platform to market news and data, information on trading opportunities, and electronic trading systems.