Type of Document Master's Thesis Author Giusti, Christopher G. URN etd-04272010-020058 Title The application of the systems engineering process to the development of a financial market gateway using wireless communications Degree Master of Science Department Systems Engineering Advisory Committee
Advisor Name Title Ricci, Fred J. Committee Chair Blanchard, Benjamin S. Jr. Committee Member MacDonald, Vincent J. Jr. Committee Member Keywords
- Financial engineering.
Date of Defense 1993-11-30 Availability restricted Abstract
Technological advances in computer processing, information systems, and communication links have allowed individual investors market access. This has resulted in an injection of capital into the U.S. financial markets which fuels various segments of the economy and creates new capital requirements. A near real time ability to both access information and execute trades is traditionally limited to professional investors. As the volume of trading increases, however, investors desire a corresponding increase in the markets accessibility.
This paper analyzes methods that brokerage houses can employ new technologies to provide individual investors near real time access to financial markets. This includes obtaining market, news and personal portfolio information as well as submitting securities trades. Feasibility study results indicate that a handheld, two-way wireless device is the optimum solution. A life cycle cost and technical analysis trade-off is performed using the implementation of Cellular Digital Packet Data and Radio Packet Data. Based on the results, a Radio Packet Data system is proposed.
Filename Size Approximate Download Time (Hours:Minutes:Seconds)
28.8 Modem 56K Modem ISDN (64 Kb) ISDN (128 Kb) Higher-speed Access LD5655.V851_1993.G587.pdf 2.99 Mb 00:13:50 00:07:06 00:06:13 00:03:06 00:00:15next to an author's name indicates that all files or directories associated with their ETD are accessible from the Virginia Tech campus network only.
If you have questions or technical problems, please Contact DLA.