The Potential of Automated Futures and Options Markets

W. A. Reisch
Additional contact information
W. A. Reisch: IT Services, ICCH

A chapter in ICCH Commodities Yearbook 1990, 1990, pp 15-17 from Palgrave Macmillan

Abstract: Abstract Automation has for many years contributed to the informed and orderly operation of futures and options markets. Until recently technology was principally applied in the front office for dealer support and in the back office for the accounting of transactions and portfolio management. Traditionally the execution of trades has been conducted at exchange venues which provide a central market arena for human contact. The automation of the traditional trading floor has been a subject for debate for some time. Recent advances in technology have shifted the debate from the technical viability of automation to the method and structure of such an approach. There are few who now would argue against the inevitability of exchange automation, the arguments relate essentially to how and when.

Keywords: Market Information; Trade Station; Option Market; Front Office; Back Office (search for similar items in EconPapers)
Date: 1990
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-11268-5_4

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349112685

DOI: 10.1007/978-1-349-11268-5_4

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().