|Main Entry:||electronic trading|
|Part of Speech:||n|
|Definition:||buying and selling stocks and bonds via computer and telecommunications links|
The past few years have seen a spectacular and revolutionary development in the mechanics of stock trading-perhaps the largest change since brokers' fees were deregulated in 1975-electronic trading, or "e-trading." Sleek names of on-line firms like Ameritrade, Charles Schwab, and E*Trade are being bandied about more than old-line composite brokers such as Morgan Stanley Dean Witter, PaineWebber, and Merrill Lynch
Learn more about electronic trading with a free trial on Britannica.com.