Eassay Topic:Research And Implementation Of System For Prime Broker Business

Thanks to China's economic development and financial reforms,the various functions of the securities market have gradually improved.The number of funds and employees in the securities industry has rapidly increased,and the securities industry has flourished.With the development of the securities market,Fund subsidiaries,brokerage Capital Management,futures Capital Management,trust and other major brokers to the investment and customer channel business,asset custody,fund raising,leveraged trading,transaction execution,performance reporting,investment liquidation,data analysis,risk control,VIP trading channels and other business requirements are Fast expansion.This type of business for financial brokerage agencies is called the prime brokerage business.In particular,for some small and medium-sized financial institutions,they do not have the qualifications to exchange transactions,but their fund nature does not allow them to engage in personal securities trading financial institutions.Therefore,these brokerage institutions need to conduct special transactions through the trading channels provided by brokerage firms.Brokers charge fees and commissions.Although the major brokers already have their own trading platforms,they can only meet the trading needs of individual users and brokers themselves and can not provide corresponding access platforms for institutional customers.In view of this market situation,it is necessary to develop a trading platform that can meet the business of the main broker.According to the business characteristics,the system adopts a three-layer architecture:remote client,application routing,and application server.Remote clients provide an interface for traders and other operators to handle business such as stock trading.The application route is the middle layer,which is arranged between the LAN and the external network,and provides the external interface for the server.The main feature is that it can only forward a specific packet format,and each data exchange needs its function number.And application routing can perform multilevel and cyclic connections to maximize the security of the server.Even if the application routing is attacked by hackers,it can not affect the server data.The server runs backstage services,and remote clients operate database by invoking background services.In order to realize the timely refreshing of remote client data,the message center mode is used to control the refreshing of remote client data.The conversion machine system is responsible for converting the entrustment orders in the database into the prescribed format of the exchange,and the reporting machine is responsible for reporting the data to the exchange counters.The development of the front interface of the system is developed by Delphi language,mainly using its flexible and fast development mode,and developing a good interactive and operational interface.The database uses Oracle database.The server system is developed by pro*c and C++.It mainly uses pro*c to connect Oracle database conveniently and quickly.When the thesis is completed,the remote client implements basic functions such as securities trading,risk control,asset analysis and so on.The securities trader terminal program realizes basic data maintenance and report query.Application routing realizes data forwarding and client security check.The converter system realizes the timing conversion of the delegate data.The offer system realizes the functions of delegating data uploading to the stock exchange and receiving transaction information.