Real-Time Object-Oriented Database Support For Program Stock Trading

Real-Time Object-Oriented Database Support For Program Stock Trading

Victor Fay Wolfe (University of Rhode Island, USA), Kam Fui Lau (University of Rhode Island, USA) and Stu Westin (University of Rhode Island, USA)
Copyright: © 1994 |Pages: 16
DOI: 10.4018/jdm.1994040101
OnDemand PDF Download:
$30.00
List Price: $37.50

Abstract

Many computer systems that automatically control financial applications are required to handle large amounts of data with timing constraints imposed on the data and on the transactions that access the data. Traditional database technology, however, is not designed to manage perishable (timeconstrained) data of financial applications, such as “current” stock prices and trading volumes in index arbitrage transactions. Furthermore, traditional database systems are not capable of scheduling the time-constrained transactions in financial applications, such as transactions that must be performed within time bounds of guaranteed price quotations. This paper presents a schema model of real-time objectoriented database that addresses these weaknesses and shows how this model can support a form of intelligent program stock trading called index arbitrage. This paper also illustrates the use of a protocol called timed atomic commitment, which is an extension of traditional distributed database atomic commitment protocol, to perform index arbitrage transactions using our real-time object-oriented database model.

Complete Article List

Search this Journal:
Reset
Open Access Articles
Volume 28: 4 Issues (2017)
Volume 27: 4 Issues (2016)
Volume 26: 4 Issues (2015)
Volume 25: 4 Issues (2014)
Volume 24: 4 Issues (2013)
Volume 23: 4 Issues (2012)
Volume 22: 4 Issues (2011)
Volume 21: 4 Issues (2010)
Volume 20: 4 Issues (2009)
Volume 19: 4 Issues (2008)
Volume 18: 4 Issues (2007)
Volume 17: 4 Issues (2006)
Volume 16: 4 Issues (2005)
Volume 15: 4 Issues (2004)
Volume 14: 4 Issues (2003)
Volume 13: 4 Issues (2002)
Volume 12: 4 Issues (2001)
Volume 11: 4 Issues (2000)
Volume 10: 4 Issues (1999)
Volume 9: 4 Issues (1998)
Volume 8: 4 Issues (1997)
Volume 7: 4 Issues (1996)
Volume 6: 4 Issues (1995)
Volume 5: 4 Issues (1994)
Volume 4: 4 Issues (1993)
Volume 3: 4 Issues (1992)
Volume 2: 4 Issues (1991)
Volume 1: 2 Issues (1990)
View Complete Journal Contents Listing