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Competition: E-Com Versus Traditional Trade

Author

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  • Elena BADARAU

    (senior lecturer, IRIM)

Abstract

Electronic trading, sometimes called e-trading, is a method of trading securities (such as stocks, and bonds), foreign exchange or financial derivatives electronically. Information technology is used to bring together buyers and sellers through an electronic trading platform and network to create virtual market places such as NASDAQ, NYSE Arca and Globex which are also known as electronic communication networks (ECNs). Electronic trading is rapidly replacing human trading in global securities markets.

Suggested Citation

  • Elena BADARAU, 2014. "Competition: E-Com Versus Traditional Trade," Economy and Sociology, The Journal Economy and Sociology, issue 3, pages 190-200.
    • Handle: RePEc:aat:journl:y:2014:i:3:p:190-200
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    References listed on IDEAS

    as
    1. Michael D. Smith & Erik Brynjolfsson, 2001. "Consumer Decision‐making at an Internet Shopbot: Brand Still Matters," Journal of Industrial Economics, Wiley Blackwell, vol. 49(4), pages 541-558, December.
    2. Marie-Elise Dumans, 2002. "Competition between on Line Retailers and Traditional Shops," Working Papers 2002-30, Center for Research in Economics and Statistics.
    3. Thisse, Jacques-Francois & Vives, Xavier, 1988. "On the Strategic Choice of Spatial Price Policy," American Economic Review, American Economic Association, vol. 78(1), pages 122-137, March.
    4. repec:bla:jindec:v:49:y:2001:i:4:p:541-58 is not listed on IDEAS
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