Floor trading versus computer trading - Does it matter?

场内交易与电脑交易——重要吗？

• 批准号: DP0343994
• 负责人: Prof Terence O'Neill
• 金额: $ 12.14万
• 依托单位: The Australian National University
• 依托单位国家: 澳大利亚
• 项目类别: Discovery Projects
• 财政年份: 2003
• 资助国家: 澳大利亚
• 起止时间: 2003-01-01 至 2005-12-31
• 项目状态: 已结题
• 来源: https://dataportal.arc.gov.au/RGS/Web/Grants/DP0343994
• 关键词: Floor; trading; versus; computer; Does

Computer systems for securities trading date from the 1980s. These systems are large, costly and extremely complex. Outcomes from their introduction were unforeseen and the relevant research literature is sparse. This project will investigate experimentally with a simulated trading system the effects on trading behaviour of important system parameters. Intelligent support systems for traders will also be developed and tested. The project team combines needed expertise from the areas of human decision making, finance, and advanced information technologies. Results will be important for theory of market microstructure and interactive intelligent systems and also for an important industry in Australia.

证券交易的计算机系统从1980年代开始。这些系统大，昂贵且极其复杂。 引入的结果是无法预料的，​​相关的研究文献很少。该项目将通过模拟交易系统实验研究对重要系统参数交易行为的影响。 交易者的智能支持系统也将开发和测试。项目团队结合了人类决策，金融和高级信息技术领域所需的专业知识。 结果对于市场微观结构和交互式智能系统以及澳大利亚重要行业的结果将很重要。