10:27 .11 5G \( \square \) , EVERFI゚ Marketplaces: Investing Basics \( { }^{\text {m" }} \) Quiz Question 3 of 5 How have stock exchanges changed over time? Select a response. More brokers are on the stock exchange floor. Trading happens in stock exchange buildings. Reporters use the stock exchange floor as their video backdrop. Trading is mostly completed electronically. Submit Continue platform.everfi.net

Stock exchanges have undergone a remarkable transformation over the years, evolving from traditional floor trading to a more high-tech, electronic environment. In the past, traders shouted bids and offers in crowded rooms, creating a chaotic but vibrant atmosphere. Today, the majority of trades happen automatically through sophisticated algorithms and high-speed internet connections, making the market faster, more efficient, and more accessible to everyday investors. This evolution affects not just the way trades are executed but also invites increased participation from retail investors through online trading platforms. Now, anyone with a smartphone can buy stocks at the click of a button, greatly democratizing access to the stock market. This shift has changed the landscape of investing, where people no longer need to consult a broker face-to-face, and trading can happen 24/7.