Alert Based Monitoring of Stock Trading Systems

ABSTRACT:

Nowadays stocks are traded electronically instead of manually with an open outcry

approach. As a result, business activities of investment banking organizations rely

heavily on the availability of their trading systems. Any system failure will directly affect

their business and in turn damage their reputation. Due to the complexity of the business,

trading of stock requires services provided by many systems even within the same

company. Any failure of a single system may stop the business. However, the monitoring

of many systems simultaneously is not an easy task. This paper proposes a Web service

approach to monitor all the systems related to stock trading within an investment banking

organization. We develop a model for specifying how to detect potential system problems

quickly, how to escalate the issues to relevant parities on time with an alert mechanism,

and how to manage system outages properly.

EXISTING SYSTEM:

Nowadays stocks are traded electronically instead of manually with an open outcry

approach. As a result, business activities of investment banking organizations rely

heavily on the availability of their trading systems. Any system failure will directly affect

their business and in turn damage their reputation. Due to the complexity of the business,

trading of stock requires services provided by many systems even within the same

company. Any failure of a single system may stop the business. However, the monitoring

of many systems simultaneously is not an easy task.

PROPOSED SYSTEM:

This paper proposes an alert based approach to monitor different types of trading systems

(order management, execution, settlement, etc.), based on our case study in a large global

investment bank. The new monitoring system, known as Stock Trading Monitoring

System (STMS), detects system issues quickly and informs relevant parties to take action.

When there is an outage, appropriate actions can be taken as soon as possible to minimize

the impacts. After the issues have been resolved, all the detailed information such as

symptoms, root cause, resolution, and preventive actions are recorded. All relevant staff

can also learn from experience how to prevent similar problems. If the same problem

occurs, the remedial actions can then be carried out quickly.

Hardware Requirements

SYSTEM : Pentium IV 2.4 GHz

HARD DISK : 40 GB

FLOPPY DRIVE : 1.44 MB

MONITOR : 15 VGA colour

MOUSE : Logitech.

RAM : 256 MB

Software Requirements

Operating system :- Windows XP Professional

Front End :- Microsoft Visual Studio .Net 2008

Coding Language :- Visual C# .Net

MODULES WITH FUNCTIONALTY

1. Product management

They keep track of the order status and record the quantities of orders have been

executed and their transaction prices.

2. Alerting system

When there is a system problem or potential issue, the alert system sends messages to

all interested parties by email, mobile phone, and or external client systems. Some

designated staff will be the primary receivers of the message. If the message is not

acknowledged within a certain time, it will be resent to a more senior staff.

3. Employee management

To Maintain all Employee Details.

4. Branch management

To maintain all branch Details remotely.