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Essay / Technology in the Article: How the Stock Market...
Cheap and efficient trading is what stock traders wanted and that's what they got. Volumes processed have seen unprecedented increases, with the daily average number of transactions surpassing the cap” (1.) This attests to the idea that with the technological advancements being made today, Wall Street will not be able to keep up . The company's "nerds" will be able to rule the stock market and make more money in seconds than anyone could ever imagine. The speed at which transactions occur is faster than the blink of an eye. Leaders make trades before most traders even realize the market is open. All this is done in a fraction of a second and is also worth millions of dollars. Traders have always expected to be able to trade large volumes in an instant. This is what they have now with services like HFT and EFT. The stock market is a place where people can make millions, if they have money to start.