Stock trading is present from ancient times in different forms and was more primitive. In the present, it is automated, and technology plays a main role. Stocks and trading related to stocks have gone through a lot of changes all through these years. The stock trading happened even without a proper stock exchange. A coffee shop even acted as a stock exchange.
The first-ever formed stock exchange officially was the Amsterdam stock exchange which was started in the year 1602. The New York stock exchange was not the first stock exchange to be formed in the USA. Instead, the Philadelphia stock exchange was the first one to be started in the USA in 1790.
The introduction of the telephone, the computer and the internet have changed the functioning of stock markets and the process involved in stock exchanges. Most of the exchanges are totally automated and all kind of trading can happen through computers and the internet. The work that happens in a physical place has reduced now and supercomputers have taken the place of the floor brokers. The prevalence of floor brokers which was prominent before 50 years has considerably reduced in size.
There are more advanced technologies, software, apps, that are now available for trading. The stock trading can be done just by sitting at your home with a computer or a phone connected to the internet. That is all needed now to indulge in stock trading. With the internet in hand and a piece of proper knowledge can help you to do your stock trading.
Now there are many technologically advanced developments in stock trading such as high-frequency trading, trading platforms with technologically advanced software, Digital stock trading for monitoring real-time stock performance, speedy transactions and easy decision making.
Some advanced stock trading broker platforms are Thinkorswim software by TD Ameritrade, Etrade, Robinhood, Fidelity, Ally, etc.
To know in detail about the developments in stock trading, read our article on Historical and Technological developments in Stock Trading.