Alert Based Monitoring of Stock Trading Systems

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.