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.

用于证券交易的计算机系统可以追溯到20世纪80年代。这些系统庞大、昂贵且极其复杂。 其引进的结果是不可预见的，相关的研究文献很少。本项目将通过模拟交易系统，对重要系统参数对交易行为的影响进行实验研究。 还将开发和测试贸易商智能支持系统。项目团队结合了人类决策、金融和先进信息技术领域所需的专业知识。 研究结果将对市场微观结构理论和交互式智能系统理论以及澳大利亚的一个重要行业具有重要意义。