Hi, I'm quite new to trading in general and I'm still learning a lot of stuff as I go on. I had a more technical question, which I'm not completely sure this is the right place to ask, but I figured it's an interesting topic and it's still related to investments and trading, so it may be useful for other people as well.
This being said, my question is about the general market infrastructure, i.e. how do markets work not at an economical level, but on a technical level? Years ago, trading was done using literal pen and paper, nowadays everything is computerized and what I'm really interested in is how the whole system and infrastructure works.
For example, when I buy 1 stock of AAPL using my broker website, what is really going on underneath? The system is matching my order against a sell order of 1 AAPL stock and making the exchange, right? But what happens if more people do the same thing at the same time? Is there a queue of orders? So is it possible that my order won't be executed if there are no sell orders because they were all already executed against an equal number of buy orders?
So, I hope you got the point of my question, as a TLDR I just want to learn a bit more about how modern online market infrastructures are designed, and would really appreciate if somebody has some resources that explain this topic more in detail. Thanks!
Submitted September 04, 2021 at 09:30AM by azure_420 https://ift.tt/2VfYOPH
