This document discusses various financial securities and the role of information technology in stock exchanges. It describes common types of securities like stocks, mutual funds, and foreign currency. It then outlines the history of transaction documentation and discusses current stock exchange technologies like NEAT and BOLT that facilitate high-volume automated trading. The impacts of this change include increased transparency, efficiency and accountability for customers, industries and governments.

1. Financial securities and information system By: Dhruv Kashyap

2. Financial securities An instrument that, for a stock, shows ownership in a company for a bond, indicates a creditor relationship with a firm or with a federal, state, or local government; or signifies other rights to ownershipCollateral used to guarantee repayment of a debt.Types of securities : Shares Mutual funds Foreign currency (forex trading )

3. History of transaction Share Certificate is a written document signed on behalf of a corporation, and serves as legal proof of ownership of the number of shares indicated

4. Current situation (issues)

5. Stock Exchange Stock exchange is place where trading of all financial securities took place

6. Technology at NSENEAT is a state-of-the-art client server based applicationAll trading information is stored in an in-memory database to achieve minimum response time and maximum system availability for users(TAP) Trading Access Point – it facilitates IT Infrastructure consolidation and routes the orders and trades between Client and Server in an optimized protocolNSE today can handle up to 15 million trades per day in Capital Market segment

7. Technology at BSE BOLT BSE On-line Trading (BOLT) This totally automated, screen-based trading software in securities was put into practice nation-wide within a record time of just 50 daysBOLT has been certified by DNV for conforming to ISO 27001:2005 security standardsThe capacity of the BOLT platform stands presently enhanced to 8 million orders per dayBSEWebx.co.inBSE has also introduced the world's first centralized exchange based Internet trading system, BSEWEBx.co.in. The initiative enables investors anywhere in the world to trade on the BSE platform

8. Brokerage solution ODIN™ Program Trading is a special trading application that facilitates auto-execution of the trades based on the selected strategies Option to select touchline or weighted average price for calculation of Spread availableOption to specify the Tick size by which the order should be modified

10. Electronic-mutual fund e-Mutual Fund is a browser based software application intended for use by Distributors of Mutual FundsThe software facilitates integration with the trading front end as well as with Mutual Fund BackOffice system

11. Currency exchange solution FX-Direct™ is a state-of-the art online matching and dealing platform for inter-bank foreign exchange trading that facilitates real-time, anonymous deal matching currently for Spot USD/INR trades between banks in the country Increased transparencyDefault Spot ConfigurationMarket Snap Shot Performance

13. Impacts of change due to Information technology

14. customer, industry, government Enables automatic calculation and execution of complex arbitrage spread strategies without the need for any form of human interventionApplication performs complex calculations based on the predefined parameters on a continual and real-time basisEliminates any opportunity loss that arises if the same actions are to be performed manuallyEnables Members to execute strategies for Proprietary Trades or on behalf of their clientsEnables Members to run multiple strategies in a single applicationManagement Information Systems (MIS) in Finance have been widely adopted both by corporations as well as governmentsThey are information systems with capacity to maintain large data bases enabling organizations to store, organize and access financial information easily

15. These systems are credited with increasing financial transparency, efficiency and accountability Compliance with Government regulations as well as auditing requirements is also easier because the records are accurate and provide a permanent historical map of transactions that can be verified.Avoidance of insider trading as well