The Research Of Futures Trade Model And Its Platform Design Based On Cloud Strategy

As the programmed exchanges further rapidly develop in the futures trading, higher requirements of real-time transactions are continuously from customers. How to speed up transaction, how to develop their profit capability and how to prolong life cycle, now are becoming research key points of every futures company.In this paper, first, the evaluations of current exchange system and the development & application status of customer programmed exchange are investigated. It’s found that network transfer delay occurs because of the scattered location among exchange and futures companies, and their deployment of exchange system show some defects as well. Current scheme of exchange system can only meet onsite customer’s trading speed requirements, but not for remote customer. Further, exchange systems from different exchange companies are isolated each other, i.e., they cannot implement real time communication and database synchronization. This cause so much inconveniences for exchange management and customer trading.For better service to customer’s speed and optimizations of exchange mode, here take current Kingstar transaction & settlement system V6 in First Capital Company as restructured platform, together with cloud and memory database technology, a new management platform with programmed trading commission capability is designed and implemented. With this platform based on cloud strategy and memory database technology, split the exchange system and settlement system. So previous mono centralized trade system are extended to multi trade centers system mode which are scattered in different locations.First, with mesh concept, this platform distributes bill system into three trading sub centers. By the way of Colocation services, three futures houses deploy this platform in the server rooms in Dalian, Shanghai and Zhengzhou together. This solution accelerates the authentication process when customers deal with commission trading.Secondly, to meet customer’s requirements of simultaneous operations among different exchange centers, this system can make customer deploy secondary distribution available by setting sub account under of customer main account mode. Additionally, this system improves the original verification mode of identity, capital, and position…Such sub center exchange mode speed up customer trading authentication process, but also can guarantee the rapid implement of order trades. The application of this new exchange platform will enable customer to reach top trade speed in current domestic futures exchange market. It leads to speed advantage then huge economic benefit to futures companies. Currently, this perfect solution is already deployed in the First Capital Futures and it arouses great attentions from China Futures Association and among the technology vendors.