Speed and efficiency. –They are a major benefit in terms of speed and efficiency as hand signals allow for fast communication over relatively long distances (as far as 30 or 40 yards) between the pits and order desks and within the pits themselves.
Practicality. –In terms of practicality, hand signals are more convenient for communication than voice, given the number of people on the floor and the general noise level.
- 9. Common Systems Used in Trading and Exchanges
- from Business Knowledge for IT in Trading and Exchanges: A Complete Handbook for IT Professionals
- Publisher: Essvale
- Released: August 2009
Points for internet banking being so advanced and well-developed, in terms of algo trading, computing technology has further enabled varying possibilities in rapid trading. As the price is always changing, the program must receive data instantly and real time analyse what decision to make to maximum, or to reach the target at the best price automatically.
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