Why are stock exchanges being challenged by technology?

Question

Why are stock exchanges being challenged by technology?

Answer 1

I wouldn't say they are being challenged, the major exchanges must re-act and act with it's members in mind and everything they do must be done with the approval of the membership.

Not only must the management be concerned with it's members it must give very careful consideration to the rules and regulations of the Securities & Exchange Commission.

Many changes that they exchange considers implementing must be approved they the SEC, prior to implementing them..

Yes there are politics involved, but members are totally in favor improving technology especially if it makes their life easier.

Many sit back and say that some of the procedures are obsolete, but when you have to consider the rules & regulations, and the membership such changes are not that easy.  

been there done that

Answer 2

What makes you think they are?  In what way are they being challenged?

Answer 3

Technology challenges every old stupid thing and custom. Due to electronic functioning of stock exchanges, now there is no need to stand in crowd of exchange deal floor and make silly gestures. everything you can do with internet connected terminals.