The birth of the Capital Market Revolution is difficult to date precisely, but for many traders the first signs of change surfaces in bond futures. Open outcry had survived every innovation in history, but time had finally caught up with it. The revolution had begun.
Today, a whole industry is shifting from the physical to the virtual, and no one person or party’s place in the trading chain is now assured, After the Capital Market Revolution there will be no floor, no fixed exchange and nowhere to hide from the rallying cries of e-markets. (text from the publisher)