The transition began with the birth of electronic quotation systems that replaced physical shouting with computer screens.
Before digital screens, trading happened on physical exchange floors through a system called . trading platform
: Access was restricted to a few professionals; retail investors had to call brokers who checked morning newspapers for yesterday’s prices. 2. The Digital Revolution (1970s–1990s) The transition began with the birth of electronic
: Traders stood in literal pits, using hand signals and shouting to buy and sell. trading platform
: Introduced by the CME Group, this system allowed traders to enter orders directly into computers for real-time matching.