Evolution of Online Financial Trading Systems: E-Service Innovations in the Brokerage Sector PDF Download

Author: Ada Scupola
Publisher: IGI Global
ISBN: 1605666424
Category :
Languages : en
Pages : 22

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Book Description

Author: Ada Scupola
Publisher:
ISBN:
Category :
Languages : en
Pages : 22

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Book Description
This chapter focuses on the theme of e-service innovation in financial electronic markets. The discussion will cover the theories of "technology bundling" and how bundling creates value-added in servicing electronic markets. More specifically, this chapter looks at innovations created through e-service bundling for online brokers connected to various financial electronic markets. The proliferation of different e-trading systems raises the question of which systems provide better service to online stock traders. Many online brokers (e-brokers) now provide low-cost transactions and financial res.

Author: Mark Fadiman
Publisher: Technology & Marketing Ventures Inc
ISBN: 9781893958135
Category : Economics
Languages : en
Pages : 130

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Book Description

Author: Mr.Ian Domowitz
Publisher: International Monetary Fund
ISBN: 1451849788
Category : Business & Economics
Languages : en
Pages : 50

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Book Description
A taxonomy of existing and planned automated trade execution systems in financial markets is provided. Over 50 automated market structures in 16 countries are analyzed. The classification scheme is organized around the principle that such markets consist of an algorithm that performs a trade matching function, together with information display and transmission mechanisms. Automated market structures are classified by ordered sets of trade execution priority rules, trade matching protocols and associated degree of automation of price discovery, and transparency, to include informational asymmetries between classes of market participants. Systematic differences in systems across types of financial instruments, geographical market centers, and over time are analyzed.

Author: Kendall Kim
Publisher: Academic Press
ISBN: 0080548865
Category : Computers
Languages : en
Pages : 224

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Book Description
Electronic and algorithmic trading has become part of a mainstream response to buy-side traders’ need to move large blocks of shares with minimum market impact in today’s complex institutional trading environment. This book illustrates an overview of key providers in the marketplace. With electronic trading platforms becoming increasingly sophisticated, more cost effective measures handling larger order flow is becoming a reality. The higher reliance on electronic trading has had profound implications for vendors and users of information and trading products. Broker dealers providing solutions through their products are facing changes in their business models such as: relationships with sellside customers, relationships with buyside customers, the importance of broker neutrality, the role of direct market access, and the relationship with prime brokers. Electronic and Algorithmic Trading Technology: The Complete Guide is the ultimate guide to managers, institutional investors, broker dealers, and software vendors to better understand innovative technologies that can cut transaction costs, eliminate human error, boost trading efficiency and supplement productivity. As economic and regulatory pressures are driving financial institutions to seek efficiency gains by improving the quality of software systems, firms are devoting increasing amounts of financial and human capital to maintaining their competitive edge. This book is written to aid the management and development of IT systems for financial institutions. Although the book focuses on the securities industry, its solution framework can be applied to satisfy complex automation requirements within very different sectors of financial services – from payments and cash management, to insurance and securities. Electronic and Algorithmic Trading: The Complete Guide is geared toward all levels of technology, investment management and the financial service professionals responsible for developing and implementing cutting-edge technology. It outlines a complete framework for successfully building a software system that provides the functionalities required by the business model. It is revolutionary as the first guide to cover everything from the technologies to how to evaluate tools to best practices for IT management. First book to address the hot topic of how systems can be designed to maximize the benefits of program and algorithmic trading Outlines a complete framework for developing a software system that meets the needs of the firm's business model Provides a robust system for making the build vs. buy decision based on business requirements

Author: Elio Endless
Publisher: Elio Endless Publishers
ISBN: 9784171642184
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
Trading and Its Many Faces: A Game-Changing IntroductionExplore the Evolution of Online Trading Platforms Welcome to the groundbreaking world of online trading, where innovation has disrupted the conventional norms of stock market participation. "Trading and Its Many Faces" takes you on a captivating journey through the dynamic landscape of online trading platforms, showcasing how they have transformed the way individuals from diverse backgrounds invest and engage with financial markets. About the BookA Paradigm Shift in Investing Technological Advancement: Dive into the technological revolution that has redefined how investors approach the stock market, breaking free from the constraints of traditional bank-affiliated brokerages. Democratizing Investments: Discover how platforms like Robinhood and All of Us Financial have democratized the investment industry, making it accessible even to novice investors, sans the bureaucratic hurdles. Navigating Recent Turbulence: Gain insights into the challenges posed by the GameStop stock spike and how it reshaped the narrative around online trading applications. Explore the importance of diversifying not just portfolios but also the platforms used for trading. The Rise of Gatsby Specialized Solutions: Learn about Gatsby, a trailblazing app in the world of options trading, and its unique focus on this niche market. Explore how Gatsby has emerged as a leader in the evolving online trading ecosystem. Complexity and Growth: Witness the transformation of the online trading ecosystem beyond traditional brokerage services onto digital platforms. Experience the complexity and expansion of this industry as it caters to a discerning user base seeking diverse ways to profit from market opportunities. The FinTech Revolution Expanding Horizons: Understand how the financial technology industry is revolutionizing itself, not just to intensify competition but also to broaden its scope. Explore the shift towards offering a variety of products beyond traditional equities. Catering to Discerning Users: See how this strategic diversification aligns with the expectations of a sophisticated user base, hungry for diverse strategies to capitalize on market possibilities. Why This Book?Embrace Change and Diversity Resonance of Change: Discover how online trading platform applications have disrupted the investing landscape, opening doors for a new generation of market participants. Competitive Evolution: Witness the transformation of the industry as it responds to market dynamics, creating specialized platforms like Gatsby to cater to specific trading needs. The Future of Trading: Explore the evolutionary path of online trading, propelling the ecosystem towards a more varied, responsive, and competitive future. "Trading and Its Many Faces" is your guide to navigating the ever-changing world of online trading. Whether you're a seasoned trader or just starting your investment journey, this book offers valuable insights into the revolution that is reshaping the financial landscape. Order your copy today and embark on a transformative exploration of the many facets of trading.

Author: Deniz Ozenbas
Publisher: Springer Nature
ISBN: 3030748170
Category : Business enterprises
Languages : en
Pages : 111

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Book Description
This open access book addresses four standard business school subjects: microeconomics, macroeconomics, finance and information systems as they relate to trading, liquidity, and market structure. It provides a detailed examination of the impact of trading costs and other impediments of trading that the authors call rictions It also presents an interactive simulation model of equity market trading, TraderEx, that enables students to implement trading decisions in different market scenarios and structures. Addressing these topics shines a bright light on how a real-world financial market operates, and the simulation provides students with an experiential learning opportunity that is informative and fun. Each of the chapters is designed so that it can be used as a stand-alone module in an existing economics, finance, or information science course. Instructor resources such as discussion questions, Powerpoint slides and TraderEx exercises are available online.

Author: Joseph Rosen
Publisher:
ISBN: 9780981464602
Category : Electronic trading of securities
Languages : en
Pages : 0

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Book Description
This book provides a comprehensive look at the challenges of keeping up with liquidity needs and technology advancements. It is also a sourcebook for understandable, practical solutions on trading and technology.

Author: IntroBooks
Publisher: IntroBooks
ISBN:
Category : Business & Economics
Languages : en
Pages : 26

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Book Description
The last decade has seen a tremendous growth in the way the online trading system has evolved. Owing to the constant changes in the market conditions and with a range of marketing sectors added to the list, it becomes a challenge for the traders to decide the trading platform to be used for successfully trading while meeting the individual needs and the expectations. There are various online trading systems available in the market that work on a set of rules applicable to the current market conditions. With the implementation of the set of rules tailored to the market needs along with the usage of the risk management tools, the traders can invest minimal capital amount and gain maximum benefits. With thousands of trading financial investment options available in the market, the system must be capable of dynamically changing the terms of the trading activity and must be capable of leveraging profits both when the market value is raising or falling.

Author: Larry Harris
Publisher: CFA Institute Research Foundation
ISBN: 1934667927
Category : Business & Economics
Languages : en
Pages : 94

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Book Description
The true meaning of investment discipline is to trade only when you rationally expect that you will achieve your desired objective. Accordingly, managers must thoroughly understand why they trade. Because trading is a zero-sum game, good investment discipline also requires that managers understand why their counterparties trade. This book surveys the many reasons why people trade and identifies the implications of the zero-sum game for investment discipline. It also identifies the origins of liquidity and thus of transaction costs, as well as when active investment strategies are profitable. The book then explains how managers must measure and control transaction costs to perform well. Electronic trading systems and electronic trading strategies now dominate trading in exchange markets throughout the world. The book identifies why speed is of such great importance to electronic traders, how they obtain it, and the trading strategies they use to exploit it. Finally, the book analyzes many issues associated with electronic trading that currently concern practitioners and regulators.