• Title/Summary/Keyword: Electronic trading

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A study on the TradeCard System for Payment under Cyber Trading (전자무역시대에 트레이드카드 결제시스템의 경제적 효용성과 문제점)

  • 한상현
    • The Journal of Information Technology
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    • v.4 no.1
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    • pp.55-69
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    • 2001
  • TradeCard is a B2B (business-to-business) e-commerce infrastructure that enables buyers and sellers to conduct and settle international trade transactions securely over the Internet. and objective of TradeCard is to provide a secure, reliable, cost-effective and user-friendly solution for conducting and settling international trade transactions. This paper analyzes the reviews of TradeCard by Electronic Message and the various problems which come to application of TradeCard, with particular attention to existing international frameworks for payment systems based on Documentary Credit.

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Design and Implementation of c-Commerce Portal of Small and Medium Enterprises for Marketing (중소기업 마케팅.유통 지원을 위한 협력상거래 포탈 설계 및 구현)

  • 안요찬;서중석
    • Journal of Information Technology Applications and Management
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    • v.11 no.1
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    • pp.175-187
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    • 2004
  • Many companies have integrated their internal processes with the aid of information technology. Now the focus is on interconnecting trading partners. Collaborative commerce (also known as c-Commerce) has a key role. It is not just about making it easier for business to communicate. It is about by breaking down barriers along the entire length of the supply chain. Some c-Commerce links are permanent, others get established when and where they are needed. c-Commerce is helping business in electronic supply chains to improve product delivery while cutting costs, to strengthen relationships and to reduce lead time. In this paper, we propose the concept of collaborative commerce, and design and implement Collaborative Commerce Portal (CCP) system of small and medium enterprise for marketing support. The technical definition of CCP is set of all technical elements can do collaborative commerce between small and medium enterprises with Internet or Internet. The target information of CCP includes usual and unusual information and all other information of companies used as process events. Through this, it enhances efficiency of business processes, core information sharing and marketing activation.

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Critical Success Factors for Implementation of e-Business in the Public Sector : A Case Study of the Korean ‘Onbid’ Asset-Management System

  • Park, Sang-Hyeok;Kim, Seok-Kyu
    • Journal of Information Technology Applications and Management
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    • v.15 no.3
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    • pp.227-242
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    • 2008
  • The purpose of this study is to identify the critical factors for the successful implementation of e-business in the public sector. The paper reports on a case study of the 'Onbid' asset-management system developed by the Korean Asset Management Corporation (KAMCO). 'Onbid' system is an e-marketplace for trading in public assets, including the disposition by public sale of real estate. Through this case study, the paper: (i) explores the changes in organizational culture that are required for successful e-transformation in organizations of public sectors; and (ii) identifies the critical success factors for the implementation of e-business in the public sector.

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Novel Continuous Auction Algorithm with Congestion Management for the Japanese Electricity Forward Market

  • Marmiroli Marta;Yokoyama Ryuichi
    • Journal of Electrical Engineering and Technology
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    • v.1 no.1
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    • pp.1-7
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    • 2006
  • In an electricity market, the spot market is normally integrated with a forward or future market. The advantage of the forward market is to allow the market participants to deal in a part or the whole trading portfolio at a fix price in advance and to avoid risk associated to the uncertain price of the spot market. Japan has introduced a continuous auction base forward market from April 2005. This paper analyzes the Japanese forward market rules and operations, and introduces a new algorithm that may improve the efficiency of the market itself. The proposed algorithm enables us to give consideration to the specific characteristics of the power system and to integrate them in the auction mechanism. The benefits of the proposed algorithm are verified on an electronic simulation platform and the results described in this paper.

A Study on the Elasticity Measurement of Fabric Using Loadcell (로드셀을 이용한 직물의 신축성 측정에 관한 연구)

  • CHOI JUNG-SOO;KIM EUN-SEOK;JOO KI-SEE;WANG GI-NAM
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2002.05a
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    • pp.253-257
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    • 2002
  • So far. the common elasticity data of textile fabrics has not been present because the method depends on the knowledge of measurement operators. In this paper, the new measurement equipment using road cel1 is presented to measure the coefficient of textile fabrics in real time. The measurement method is based on the volta among textile fabrics. The textiles with strong elasticity are high voltage produced from others are low. The presented method can be applied to visualize the textile, sew the cloth, control textile fabrics. Also. these measurement datum are used to B2B electronic trading system.

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A Study on the Performance Improvement of Distributed Trading Service (분산 트레이딩 서비스의 성능 향상에 관한 연구)

  • Song, Byung-Kwen;Jin, Myung-Sook;Kim, Geon-Ung
    • Proceedings of the Korea Information Processing Society Conference
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    • 2000.04a
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    • pp.610-614
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    • 2000
  • 본 논문은 분산 환경에서 서버의 위치 투명성을 지원하는 트레이딩 서비스의 성능 향상에 대한 연구이다. 성능 향상을 위해 단일 트레이딩 영역에서는 트레이딩 정보의 집합인 컨텍스트의 구조를 활용하여 트레이딩 정보를 분산시키는 방안을 제시한다. 또한 글로벌 영역에서는 서로 연합(federation)된 각 트레이딩 영역간의 트레이딩 정보의 복제를 통해서 트레이딩 서비스의 성능 향상을 위한 방안을 제시한다.

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A Estimate and Analisis System of Trading Business Information On e-Marketplace (e-MarketPlace에서 거래기업정보 예측및분석 시스템)

  • Park, Hae-Joon;Youn, Sung-Dae
    • Proceedings of the Korea Information Processing Society Conference
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    • 2004.05a
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    • pp.423-426
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    • 2004
  • 본 논문은 B2B(Business To Business)전자상거래상의 거래기업에 대한 신뢰도 및 경제동향에 따른 거래기업의 변동율을 예측 분석하는 모형을 제시한다. 거래기업의 자금흐름은 거래기업의 은행으로부터 움직이게 되고, 따라서 거래하고자 하는 신뢰도는 그 거래대상 기업의 성장성이나 자금흐름 등과 같은 기본적인 재무비율 보다는, 거래기업은행에서 바라 보는 거래기업의 신뢰성이라는 측면에 비중이 더 실린다. 본 논문에서는 이러한 모형에 대한 알고리즘 설계 및 인터페이스 관한 설계를 하고, UML(Unified Modeling Language)을 이용하여 Component 로 구현을 한다.

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A Study on Stock Trading using DQN Reinforcement Learning (DQN 강화학습을 이용한 주식 트레이딩에 관한 연구)

  • Ji-Won Baek;Dae-Won Seo;Ju-hye Song;In-Hyuk Jeong;Gyuyoung Lee
    • Proceedings of the Korea Information Processing Society Conference
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    • 2023.11a
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    • pp.906-907
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    • 2023
  • 본 연구는 변동성이 높은 주식시장에서 안정적인 수익창출에 기여할 수 있는 주가예측 강화학 모델을 제안한다. DQN 알고리즘과 LSTM 신경망을 이용하여 시장의 흐름에 따라 전략을 달리하는 모델을 개발하고, 이를 활용한 주식 트레이딩 시스템의 유용성을 확인하고 발전 방향을 제시한다.

Market Efficiency in Real-time : Evidence from the Korea Stock Exchange (한국유가증권시장의 실시간 정보 효율성 검증)

  • Lee, Woo-Baik;Choi, Woo-Suk
    • The Korean Journal of Financial Management
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    • v.26 no.3
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    • pp.103-138
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    • 2009
  • In this article we examine a unique data set of intraday fair disclosure(FD) releases to shed light on market efficiency within the trading day. Specifically, this paper analyze the response of stock prices on fair disclosure disseminated in real-time through KIND(Korea Investor's Network for Disclosure) on Korea stock exchange during the period from January 2003 to September 2004. We find that the prices of stock experiences a statistically and economically significant increase beginning seconds after the fair disclosure is initially announced and lasting approximately two minutes. The stock price responds more strongly to fair disclosure on smaller firm but the response to fair disclosure on the largest firm stock is more gradual, lasting five minutes. We also examine the profitability of a short-term trading strategy based on dissemination of fair disclosure. After controlling for trading costs we find that trader who execute a trade following initial disclosure generate negative profits, but trader buying stock before initial disclosure realize statistically significant positive profit after two minute of disclosure. Summarizing overall results, our evidence supports that security prices on Korea stock exchange reflects all available information within two minutes and the Korea stock market is semi-strongly efficient enough that a trader cannot generate profits based on widely disseminated news unless he acts almost immediately.

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Design and implements of Processing System for business Collaboration by B2B (B2B 기업간 비즈니스 협업 문서 처리를 위한 시스템 설계 및 구현)

  • 이상복;강치원;정재길;정희경
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2002.05a
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    • pp.452-455
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    • 2002
  • In terms of B2B, business partners require works that define their ability to operate business collaboration. The document outlining collaboration is the basis of improving the system of business partner and its interoperability. In addition, the definition of business interaction that is bastd on the documents demonstrating inter-cooperation of business companies is needed to function interoperability properly, and business trading is performed depending on the documents that define reciprocal action of collaboration. In ebXML, CPP(Collaboration-Protocol Profile) defines one business parter's technical capabilities to engage in electronic business collaborations with other partners by exchanging electronic messages. A CPA(Collaboration-Protocol Agreement) documents the technical agreement between two partners to engage in electronic business collaboration. In this paper, 1 draw up a plan for a system that deals with business collaboration document to ameliorate the interoperability of B2B companies.

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