Electronic tools fuel oil trading

We've noted often that options trading is following a developmental path very similar to that of equities trading. The same can now be said for futures trading. When it comes to trading, if you build it, they will come. Technology may not be responsible for the recent heightened liquidity and volatility, but it sure has abetted it. The New York Mercantile Exchange and the Intercontinental Exchange, for example, have embraced electronic trading. Volume has soared on both, Financial News Online notes. We're seeing the development of faster trading systems, some of which require co-located facilities and more sophisticated algorithms. Some, however, get by with instant messaging and telephones. We're also seeing moves that recall the days before dark-pool trading took off in the equities market. Interesting stuff.  

For more:
- here's the article from Financial News Online