1996•The Computer BulletinRequires access
IT in financial markets
Stephen J. Ives
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Abstract
The expansion of the world's financial markets has been phenomenal in recent years and it is no exaggeration to say that this would not have been possible without the widespread availability and use of IT. A visit to the trading floor of any major broker, with its interminable banks of computer screens will confirm this without question. This applies equally to almost every area of the markets from stock and commodity broking, through insurance and banking, to fund management and the very complex currency, futures and derivatives markets. Each is becoming ever more reliant upon IT in pursuit of efficiency and profit