| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 554443 | IERI Procedia | 2012 | 9 Pages |
Abstract
This paper introduces the evolution of the STEP protocol: the first Chinese securities information exchange standard, which is of full compatibility to the world de-facto FIX protocol and is officially issued in 2004. The challenges of applying STEP to the China's stock market are also described. We propose a practical solution to address these challenges. Some trading businesses on the Chinese market based on the solutions are also described. Finally, the future of the STEP and the prospects of its application are presented.
Related Topics
Physical Sciences and Engineering
Computer Science
Information Systems
