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Trading Based on Persistent STEP Messaging:a 'Solid' Step to...

Trading Based on Persistent STEP Messaging:a 'Solid' Step towards a More Open Chinese Stock Market

作     者:Guangbin Xu Jueying Tao 

作者单位:Shanghai Stock Exchange Shanghai University of Finance and Economics 

会议名称:《The 2012 International Conference on Future Computer Supported Education(FCSE 2012)》

会议日期:2012年

学科分类:12[管理学] 02[经济学] 0202[经济学-应用经济学] 1201[管理学-管理科学与工程(可授管理学、工学学位)] 020204[经济学-金融学(含∶保险学)] 

基  金:sponsored by the National Key Technology R&D Program of National Ministry of Science and Technology China(Grant No.2012BAH13F00) 

关 键 词:Securities information exchange FIX STEP Stock exchange Stock Market 

摘      要:This paper introduces the evolution of the STEP protocol:the first Chinese securities information exchange standard,which is of full compatibility to the world de-facto FIX protocol and is officially issued in *** challenges of applying STEP to the China’s stock market are also *** propose a practical solution to address these *** trading businesses on the Chinese market based on the solutions are also ***,the future of the STEP and the prospects of its application are presented.

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