• Title/Summary/Keyword: Web Trading Systems

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Online Service Strategy For Multi-Platform Age: Comparison of Online Trading Service Platforms (멀티 플랫폼 기반 온라인 서비스 전략: 온라인 트레이딩 서비스의 플랫폼 간 비교를 중심으로)

  • Sim, Sunyoung
    • The Journal of Information Systems
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    • v.23 no.1
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    • pp.29-52
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    • 2014
  • As the advance of multi-platform and multi-channel online services, brokerages are now offering three representative online trading systems - HTS(Home Trading Systems), WTS(Web Trading Systems), MTS(Mobile Trading Systems). In this study we investigated and compared the impact of different systems on the performance of brokerages. Using the panel data of 29 brokerages of 4 periods, we empirically tested the impact of online trading systems and the commissions of trading services. We found out that there exist some differences between the impacts of online trading systems based on the platforms. HTS was identified as the main platform for online trading services. However the role of MTS was also significantly identified while WTS showed no significant impact on the brokerage performances. Commission also showed significant negative impact in case of HTS and MTS platforms. Finally, offering MTS was identified as the significant dummy variable influencing the performance of brokerages. The results provides some implication for the multi-platform strategy for online services.

FOREX Web-Based Trading Platform with E-Learning Features

  • Yong, Yoke Leng;Lieu, Shang Qin;Ngo, David;Lee, Yunli
    • Journal of Multimedia Information System
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    • v.4 no.4
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    • pp.271-278
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    • 2017
  • There has been an influx of traders and researchers eager to gain a better understanding of the market due to the rapid growth of the FOREX market. Traders with varying degree of experience are also often inundated with information, analysis methods as well as trading rules when making a trading decision on buying/selling a currency exchange pair. Thus, this paper reviews the current computational tools and analysis methods used within the FOREX trading community and proposes the development of a web-based trading platform with e-learning features to support beginners. Novice traders could also benefit from the use of the proposed e-learning trading platform as it helps them gain valuable knowledge and navigate the FOREX market in real-time. Even experienced traders would find it useful as the platform could be used for actual trading and acts as a reference point to understand the reasoning behind the certain technical analysis implementation that are still unclear to them.

A Study on the Electronic Commerce Assurance Service (전자상거래 인증서비스에 관한 연구)

  • Kim Jung-Chan;Kim Tae-Soo;Jang Seok-Oh
    • Management & Information Systems Review
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    • v.10
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    • pp.117-133
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    • 2002
  • In December 1999, the AICPA introduced WebTrust, a electronic commerce assurance service of ensuring safe trading on the web, in order to effect consumer confidence into electronic commerce. Shortly afterwards, CPA associations of other advanced nations, such as Canada, Australia, also adopted this service. This study focuses on introduction of electronic commerce assurance service of ensuring safe trading on the web. WebTrust assurance service expected to be the international standard in electronic commerce in the near future and not only as a source of income for domestic accounting firms, which have simpler income structure than the international counterparts, but also as catalyst for stimulating electronic commerce. The findings of the study are expected to contribute to accounting practice, academy of accounting and electronic commerce firms in the following ways. Domestically, as Korea is considering using the electronic commerce assurance service, this study will help promote adoption of WebTrust assurance service. This study has shown, in the midst of declining income of accounting firms by audit, a way to increase their audit boundary.

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Implementation of interactive Stock Trading System Using VoiceXML

  • Shin Jeong-Hoon;Cho Chang-Su;Hong Kwang-Seok
    • Proceedings of the IEEK Conference
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    • summer
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    • pp.387-390
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    • 2004
  • In this paper, we design and implement practical application service using VoiceXML. And we suggest new solutions of problems can be occurred when implementing a new systems using VoiceXML, based on the fact. Up to now, speech related services were developed using API (Application Program Interface) and programming languages, which methods depend on system architectures. It thus appears that reuse of contents and resource was very difficult. To solve these problems, nowadays, companies develop their applications using VoiceXML. Advantages of using VoiceXML when developing services are as follows. First, we can use web developing technologies and technologies for transmitting web contents. And, we can save labors for low level programming like C language or Assembler language. And we can save labors for managing resources, too. As the result of these advantages, we can reduce developing hours of applications services and we can solve problem of compatibility between systems. But, there's poor grip of actual problems can be occurred when implementing their own services using VoiceXML. To overcome these problems, we implemented interactive stock trading system using VoiceXML and concentrated our effort to find out problems when using VoiceXML. And then, we proposed solutions to these problems and analyzed strong points and weak points of suggested system.

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Design and Implementation of a Web-Based Toy Trading System (웹 기반 장난감 거래 시스템 설계 및 구현)

  • Lim, Jongtae;Lim, Yunsoo;Lee, Dong-Geun;Yoo, Jaesoo
    • The Journal of the Korea Contents Association
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    • v.19 no.10
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    • pp.45-58
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    • 2019
  • As modern people's daily lives are becoming more harsh in Korea, the so-called Kidults generation has appeared since a few years ago as adults have come back to their childhood sensibility and are exposed to various cultures online, and there are many people who have a hobby for collecting toys. However, as there is currently no formalized system for individual toy trade online, it is difficult to acquire expertise and share information with each other through a major portal site's $caf{\acute{e}}$, and is exposed to security or fraud while trading toys. In this paper, we design and implementation of a web-based toy trading system. Analyzing the advantages and disadvantages of the various trading and relay systems currently in use, it will provide opportunities for professional toy knowledge and information exchange to many users who have a hobby of collecting toys, and will greatly help vitalize the toy market through a secure and convenient trading environment between individuals.

The Impacts of Partnership and Innovation Factors on Web EDI Implementation (파트너쉽과 혁신요인이 Web EDI 구현에 미치는 영향)

  • Lee, Dong-Man;Chang, Myung-Hee;Chung, Hea-Ryung
    • Information Systems Review
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    • v.7 no.1
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    • pp.257-274
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    • 2005
  • The implementation of Internet based on EDI has become a major issue because of the huge development of the internet. Internet EDI is a technology which combines the strength of EDI and Internet technologies and it can be classified in FTP-EDI, SMTP/MINE EDI, and Web EDI. Recently, the number of companies which are adopted Web EDI increase to overcome shortcomings of high communication costs and high foundation and maintenance expenses of VAN EDI. This research is intended to examine the effect that characteristics of innovation and partnership as relationship with trading partner will affect the Web-EDI implementation. To achieve these purposes, we surveyed people who are in charge of Web EDI in their companies. A survey questionnaire was sent 376 people in charge of Web EDI in their companies, and 66 usable responses were obtained. The results of this research can be summarized as follows. First, it's affirmed, among partnership factors, that participation and interdependence significantly affect Web EDI implementation. It's also suggested, among innovation factors, compatibility, relative advantage, and cost reduction significantly affect Web EDI implementation.

A Study on the Loyalty to Web Based Cyber Trading Systems (웹기반 사이버트레이딩시스템의 충성도에 관한 연구)

  • 이원호;김은홍;권순범
    • Journal of the Korean Operations Research and Management Science Society
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    • v.29 no.2
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    • pp.97-116
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    • 2004
  • Recently, e portion of on-line stock brokerage has been rapidly increased to be more than 50%, on the basis of contracted money. The usage of wCTS(Web Based Cyber Trading Systems) has now got into the steady state over the initial diffusion stage, which means wCTS has got more-than-half customer base in on-line service. Therefore, brokerage service providers have their competitive strategic focus on customer retention through the enhancement of customer loyalty. This study provides framework and survey results on explanation of wCTS user's loyalty, what and how factors affect wCTS user's loyalty. We adopt the results of early studies on information technology acceptance and diffusion such as TAM(Technology Acceptance Model) and IDT(Innovation Diffusion Theory). We also referred loyalty theory of marketing area and studios on CTS usage. We categorized explanation factors as three groups characteristics of users, characteristics of system, social environment. And we assumed that these three factors could affect the loyalty through two parameters : customer satisfaction and trust to the system. This study firstly shows that the ease of use and usefulness, the major factors of TAM. can also be applied to the loyalty of wCTS with resulting that the usefulness is more important than the ease of use In wCTS. Secondly, it shows that the innovative and risk-sensitive user has the lower degree of loyalty. Thirdly, it shows that the satisfaction and trust impact the loyalty simultaneously, the trust particularly impacts more strongly than the loyalty, due to the characteristics of monetary transaction in wCTS. This study provides meaningful results to the other on-line EC service fields as a first empirical research regarding the loyalty to wCTS which is a typical on-line EC service.

A study for performance improvement by system analysis of HTS running K Securities (K증권 홈트레이닝 시스템 분석을 통한 성능개선에 관한 연구)

  • Kim, Hyun Ho;Park, Yong Duck
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.5 no.3
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    • pp.19-28
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    • 2009
  • Computer system performance has always had the possibility of affecting business profitability, but with the advent of the World Wide Web where customers interact directly with Web servers, response time can have a direct and dramatic impact on business revenue. This paper is written in the operation environment and system analysis of HTS(Home Trading System) running K Securities. This paper also shows the method for performance improvement through investigation and analysis for the overall systems resources whether HTS has an appropriate performance or not. Performance analysis includes specially CPU analysis, Memory analysis, Disk Input/Output analysis and application analysis. Besides providing more detailed server specification for expansion from now on, system performance can be maintained with effect in the future. Through this study it is possible to manage the performance of HTS more easily and to solve problems such as a bottleneck more quickly.

A Study on the Value of Web Sites: With a Modified Technology Acceptance Model (정보기술수용모형(TAM) 관점에서 본 웹사이트 가치에 관한 연구)

  • Lee, Kyoung-A;Lee, John-Hearn
    • Information Systems Review
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    • v.3 no.1
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    • pp.19-30
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    • 2001
  • With the e-business paradigm emerging, the website became a critical resource for most corporations. However, the amount of value creation through internet is still in question. This paper shows the result of an exploratory study on website assessment, following the tradition of Technology Acceptance Model (TAM). We viewed the intended usage as the value of the website and added such factors as playfulness, commitment, system quality, and information security as external variables of the model. Website types, visiting purposes, and the user system quality were included as moderators. The website value could differ depending on website types, purposes of the use and system quality. In the case of internet shopping malls, playfulness, compatibility, website quality were identified as key influencers, while for stock trading users, however, commitment and security factors are more important. In terms of user purposes, information search requires both the compatibility and the website quality. Also the website quality was strongly affected by the user system quality. In other words, any investment of upgrading the website system quality can be meaningless unless the user system quality is improved as well. For each variable considered, empirical results are discussed and practical implications are provided.

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Web Services-based Integration Design of Model-Solver for a Distributed Decision Support System (분산 의사결정지원시스템 구축을 위한 웹서비스 기반 모델-솔버의 통합 설계)

  • Lee, Keun-Woo;Yang, Kun-Woo
    • Journal of Information Technology and Architecture
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    • v.9 no.1
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    • pp.43-55
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    • 2012
  • In recent years, outsourcing of information systems, including decision support systems has become a key method for managing the system portfolio of a corporation. Since the outsourced DSSs provide their own models and solvers, which may be created on the basis of different modeling practices and system platforms, the decision maker wishing to solve business problems using the outsourced DSSs frequently faces a difficulty in selecting and/or applying appropriate models and solvers to the problems on hand. This paper proposes a DSS outsourcing architecture that enables a user to discover and execute appropriate models and solvers, even though the user is not knowledgeable enough about all the details of the models and solvers. Specifically, this paper adopts a Web services approach to integrate the heterogeneous models and solvers by encapsulating individual models and solvers as Web services and hiding all system specific implementation details from the users.