Online Platform Trading and How It Works?
Trading in the online form is a popular method of transaction for financial products. The brokers have gone online with their platforms which provide all types of financial instruments like stocks, commodities, bonds, ETFs, and futures.
Traditionally, a buyer who wants to invest in a stock calls the brokerage firm and asks them for a request to buy stocks of a company for a specific amount. The broker tells them the market price of the stock and confirms the order. After that, the order is placed on the stock exchange.
Benefits: if a user places an order to buy stock from Online Trading, then the order gets saved in the database of the trading member platform and the exchange platform. If the price matches user demands, then it confirms the order, and the process is validat...