O'Reilly logo

An Introduction to Trading in the Financial Markets: Market Basics by R. Tee Williams

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

4

Exchanges and Other Marketplaces

Exchanges and other marketplaces facilitate trading and may perform other services as well. Trading venues all perform the functions required to execute a trade. For example, markets manage trading, enforce their regulations, manage members and listings, and collect and sell the data created in the market. Figure 4.4 shows the functions required for exchanges and other trading venues.

image

Figure 4.4 Exchanges and other marketplaces match buy and sell orders from participants in the trading markets.

Trading operations

The trading operations department manages the trading activities, whether on the floors, among linked ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required