Please complete the form opposite to receive your free electronic trading platform trial.
Your electronic trading platform trial includes:
- Comprehensive charting software built in
- Live prices on a huge range of markets
- A huge range of technical indicators
- £100,000 fictional money to trade
Please fill in your details opposite to receive your electronic trading platform trial at no cost. We’ll email you your username and password, you can login via our website. Your trial will give you access to a huge range of markets, from currencies to commodities and shares.
Alternatively, if you’re ready to start trading with real funds, visit our account application page.
Advances in electronic trading mean that markets are now more accessible than ever before. With Accendo Markets, you’ll have your own trading platform, with access to global financial markets, including commodities, currencies, equities and indices. To test your trading acumen, apply for your free platform trial with Accendo Markets.
Many credit electronic trading with an increase in volume and volatility in the stock market. In this form of trading, information systems are used to bring together buyers and sellers to create a virtual market place. This has made trading more accessible, as more people have been able to become involved in the stock market. This has, in part, led to increasing efficiency in the stock market as increased competition leads to tighter spreads. Improved information on trading platforms also helps investors make the right trading decisions.
Most exchanges today utilise this trading. In fact, the London Metal Exchange (LME) is one of the only exchanges today that still uses an open outcry system. The New York Stock Exchange (NYSX) is a floor trading system. Most markets, however, are based completely on electronic communications networks. In this type of electronic trading network, trades are input through computers and matched through sophisticated technological systems. When a match is made (a buyer and a seller of an asset at the same price), the trade can be executed. Your account will be charged, and a transfer of ownership of the asset will occur.
While the first e-trading market was created in the 1970s, technological improvements continue to be made. Currently, both markets and brokerage houses are run electronically. Large banks, like Morgan Stanley and Goldman Sachs all have their own electronic trading platforms.
Web based trading platforms are also available to private investors. Online platforms mean investors can trade across assets and locations. Mobile platforms have also served to increase the number of trades occurring daily and the overall accessibility of the markets. Accendo Markets provides all clients with electronic trading platforms, meaning you can trade anytime from anywhere.
Electronic trading platforms also add value to investors in terms of the ease of trading. Many trading platforms, for instance, combine trading with company research, pricing information and more, which helps to create a comprehensive approach to trading. Often, these platforms are specific to the type of asset class.
Another trend that has influenced trading is globalization. Globalisation means that improved information is widely available from different regions. Together, increasing information and an improved trading ability, via electronic trading, has led to an increase in trading activity across countries and asset classes. This has resulted in greater competition, and reduced costs to investors.
Electronic trading has reduced the transaction costs associated with investing. Indeed, investing has become very automated. This automatic trading is often called “straight through processing”. Electronic communications networks also mean that the middle-man is eliminated when conducting a trade, and fewer ‘on the ground’ traders are needed. So, electronic trading also leads to lower transaction costs.
Electronic trading has made financial transactions easier to place, monitor, clear and settle. It means that markets are more transparent, as the increasing pace of information and trades means it is easier to find out the price of a security. This results in tighter spreads, or reduced price differences between the quoted buying and selling prices.
As an Accendo Markets client, you’ll have access to your own online trading platform. On your platform, you’ll have access to global financial markets, including commodities, currencies, indices and shares.