Monday, 8 July 2019

1990: The end of floor trading at the Sydney Stock Exchange

September 28, 1990 marked the end of an era in the trading of shares on the Australian Stock Market. Once upon a time shares were bought and sold on the trading floor of the stock exchange.

On October 1, 1990, stock brokers were sent back to their offices and could only trade shares electronically.

This, combined with advances in internet and telecommunications technology allows one to trade shares from anywhere. 

Below is a video that I located on Youtube that has highlights of the final day's trading which was uploaded by "sc94187"


I also obtained an article as published in The Daily Mirror on that day (September 28) which ties in the final day of floor trading with the regular market session.




No comments:

Post a Comment