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Technological advancements have revolutionized financial markets from "summary" of Financial Markets and Institutions, Global Edition by Frederic S. Mishkin,Stanley G. Eakins

The rapid pace of technological advancements in recent years has profoundly transformed financial markets around the world. These innovations have revolutionized the way financial institutions operate, the speed at which transactions are executed, and the accessibility of information to market participants. One of the most significant developments in the financial industry is the advent of electronic trading platforms. These platforms have replaced traditional floor trading in many markets, allowing buyers and sellers to interact directly through electronic networks. This shift has led to increased efficiency in trading, reduced transaction costs, and improved liquidity in financial markets. Furthermore, advancements in in...
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    Financial Markets and Institutions, Global Edition

    Frederic S. Mishkin

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