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Fiercepotatohot Posted 9 years ago
Grammar

Can you let me know what it is called?

"In the 1980s, stock exchanges from New York to Tokyo were going electronic, a prerequisite for a truly sophisticated online service for traders."

https://www.fastcompany.com/3051883/the-bloomberg-terminal


Hello! I want to know about this part more clearly.

", a prerequisite"

So I guess this part comes after comma

and it means the word "prerequisite" is standing for what's mentioned before right?

Then does it mean that the fact stock exchanges from NY to Tokyo were going electronic can be called "prerequisite"?

or just the word prerequisite limited to the expression "going electronic"


So my problem comes from the fact I don't know exactly about the scope the word "prerequisite" is limited to.(like to what extent)

Is there any grammatical term or concepts to interpret this sentence in an exact manner?

(Now after reviewing what I wrote I think it's so ambiguous to know for you to know what I am asking. In that case I will leave more comments to clarify my question thanks)

  

Top answer

" In the 1960s and earlier, the stock exchanges did not use computer technology; business was conducted by people who were selling finding people who were buying on the floor of the exchange, and negotiate a deal. The deal was recorded on a board (paper), and that is how the share prices were set. "going electronic" = adopting computer technology to do the business of trading.

— AlpheccaStars

  • " In the 1960s and earlier, the stock exchanges did not use computer technology; business was conducted by people who were selling finding people who were buying on the floor of the exchange, and negotiate a deal.
  • The deal was recorded on a board (paper), and that is how the share prices were set.
  • "going electronic" = adopting computer technology to do the business of trading.
  • If a stock exchange does not use computer technology, there is no way they can provide online trading.
  • That is a one prerequisite for online trading.
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1 Answers
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"In the 1980s, stock exchanges from New York to Tokyo were going electronic, a prerequisite for a truly sophisticated online service for traders."


In the 1960s and earlier, the stock exchanges did not use computer technology; business was conducted by people who were selling finding people who were buying on the floor of the exchange, and negotiate a deal. The deal was record

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