For typical exchange floor trading, after asking a broker to get a specific number of shares at the market, the broker’s order department sends this order to the clerk on the floor. The staff alerts an investor that discovers another investor who is willing to market the shares the financier requested. The two investors settle on a cost for the stocks as well as seal the deal. Notification is returned similarly till the broker calls the capitalist to inform him of the final cost. 대여계좌 This process may take a while relying on the market and stocks. Days later, the financier gets the confirmation mail.

The electronic counterpart is much less complex because the stock buying and selling are matched by the computers in real-time. As well as the investors obtain immediate updates on what happens to their stock trade.