Agent trade servers in financial exchange systems

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.

REFERENCES

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INDEX TERMS

Primary Classification:
  I. Computing Methodologies
  I.2 ARTIFICIAL INTELLIGENCE
        I.2.11 Distributed Artificial Intelligence
            Subjects: Intelligent agents

Additional Classification:
  J. Computer Applications
  J.4 SOCIAL AND BEHAVIORAL SCIENCES

  K. Computing Milieux
  K.4 COMPUTERS AND SOCIETY
      K.4.4 Electronic Commerce
          Subjects: Distributed commercial transactions

General Terms:
Economics, Management, Performance

Keywords:
Trading agent, agent programming, agent server, financial exchange service