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Agent trade servers in financial exchange systems

2002/03/19 by David Lyback, David Lybäck, Lyback, David +2
Computer Science · Economics, Econometrics and Finance · #Banking stability, regulation, efficiency #Computational Engineering #Distributed and Parallel Computing Systems #FOS: Computer and information sciences #Finance #I.2.11 #J.4 #K.4.4 #Peer-to-Peer Network Technologies #and Science (cs.CE) #cs.CE

paper · pdf · doi:10.48550/arxiv.cs/0203023

11 pages, 1 figure

arxiv created 2002/03/19 · openalex publication_date 2002/03/19 · arxiv updated 2009/11/30 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/28

Abstract

New services based on the best-effort paradigm could complement the current deterministic services of an electronic financial exchange. Four crucial aspects of such systems would benefit from a hybrid stance: proper use of processing resources, bandwidth management, fault tolerance, and exception handling. We argue that a more refined view on Quality-of-Service control for exchange systems, in which the principal ambition of upholding a fair and orderly marketplace is left uncompromised, would benefit all interested parties.

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