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Can't quite get my head around stocks...
I'm an economics student with some interest in trading, and there is one concept pertaining to stock markets I can't quite figure out and I am unable to find an answer for it on the internet.
How are stock (and other derivatives) trading transactions able to occur instantaneously? In conventional, non-electronic trading, a buyer must be connected to a seller for a trade to occur, but in the world of electronic trading, as I have learned through trading simulators, this is not necessarily the case.
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