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December 08, 2020, 11:53:06 AM |
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A worldwide market About $250 billion in stocks and other securities are traded on financial markets every day. Despite their ability to accommodate high-speed digital trading, markets are still fundamentally the same as they were hundreds of years ago. They are highly insulated from each other and are poorly interconnected, mainly relying on third-party brokerages to execute trades on behalf of users. For example, if you buy a stock on one exchange, it’s difficult or impossible to sell it on another, since most stocks aren’t listed on multiple exchanges.
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