8.3 HOW THE ASX WORKS 8.3.1 Trading Stockbroking firm instruction of which shares, numbers price Past face-to-face system of a board on the wall of the trading floor SEATS- Stock Exchange automated Trading System computer network linking stockbrokers' offices stockbrokers enter buy and sell orders into the system, monitor the market from moment to moment o a specific market -a network of screen8.3 HOW THE ASX WORKS 8.3.1 Trading • Stockbroking firm – instruction of which shares, numbers, price • Past – face-to-face system of a board on the wall of the trading floor • SEATS – Stock Exchange Automated Trading System – computer network linking stockbrokers’ offices – stockbrokers enter buy and sell orders into the system, monitor the market from moment to moment. • a specific market – a network of screen