Charles SchwabE-Trade went online during the late s and most retail stock-broking probably takes place over the web now. With the tiems in communications technology aare the late 20th century, the need for a physical location became less important and traders started to transact from remote locations in what became known as electronic trading. Some banks will develop their own electronic trading systems in-house, but this can be costly, especially when they need to connect to many exchanges, ECNs and brokers.
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