Stock exchange transactions are – completely (fully computerised trading) or – initially only partially (computer-assisted trading) processed via a computer system. In Germany, this became possible in 1989 through an amendment to the Stock Exchange Act; see § 17 and §§ 58 ff. Stock Exchange Act. Generally introduced in Switzerland as early as 1996, all securities there are now traded only electronically. – See stock exchange working booths, foreign exchange trading, computerized, flash crash, witching hour, trading system, alternative, dematerialization, Eurex, floor, seat usage, floor trading, Springer, pigeon money, XXetra.
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