A combined 1.58 million shares changed hands in trade on Monday, July 15, and there were pending buy orders for 180,000 shares on the NSE and BSE, data showed
Higher smartphone penetration and lower data charges are powering this trend, say industry players
The detailed breakdown of Robinhood's user base offers a glimpse at the individual traders gathering in online forums such as Reddit's WallStreetBets
The NYSE is the only US exchange that still operates stock trading floors alongside electronic trading
Electronic trading helped cut out unknown middlemen and unnecessary commissions, even as the exchange opened doors to many who had worked under big brokers
Such platforms are good for novices, and help seasoned players test their investment strategies