Voice Direct Trading

Voice Direct Trading is a trading strategy used in financial markets where trading transactions are conducted through voice communication. Traditionally, trading transactions were executed over the phone, with traders conveying their orders and instructions verbally to brokers or brokerage firms to execute trades.

Voice Direct Trading is primarily used in exchange markets, such as stock exchanges. Traders place their trades by directly communicating their orders to a broker or brokerage firm over the phone. This method allows for quick and direct communication, enabling traders to react swiftly to real-time market movements.

However, with the advancement of technology, the Voice Direct Trading method has been replaced by electronic trading platforms. Nowadays, most trading transactions are conducted through electronic trading platforms that operate over the internet. These platforms enable traders to directly transmit their orders electronically and facilitate fast execution of trades.

Although Voice Direct Trading is now less commonly used, it still finds application in certain financial markets. Particularly in situations involving large trading transactions or the trading of complex financial instruments, traders may still prefer to establish communication via phone.

In conclusion, Voice Direct Trading refers to the trading strategy of conducting trading transactions over the phone in financial markets. However, it has become less prevalent today, with electronic trading platforms taking its place.