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Information Systems for Trading Futures and Stocks

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1. What are some of the many considerations in selecting the correct information system to use for trading futures and stocks?

2. Is Service Oriented Architecture a new solution to information technology, or is it a new name for the rehash of providing the user with what the user wants? Explain your answer.

Please help to answer these two questions.

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Solution Summary

Considerations in selecting the correct information system to use for trading futures and stocks are described. Service Oriented Architecture is explored.

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"1. What are some of the many considerations in selecting the correct information system to use for trading futures and stocks? "
An information system to use for trading futures and stocks is a very sophisticated real-time, three-tier (Presentation, Business Logic and Database tiers) client-server application. Presentation tier nowadays is created via web user interface.

Real-time nature of the application demands industry standardd %99.999 of availabilty (only up to 10 minutes of downtime in a year) of the system;

Client-server nature of the ...

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