Title:
A Framework
for Smart e-Trader System for UAE Stock Markets
Abstract: The fast
development in computing and communication has strongly changed the dynamics
of financial markets. More people are trading online through the Web instead
of using full-service brokerages. Many online financial services have
given investors new opportunities to trade stocks and access real-time market
information in an easily. These online services have been given little attention
in the Gulf region. Many of these services are gradually emerging in
the stock market, yet very few investors are familiar and use these services.
A survey was conducted in Dubai Financial Market (DFM) to study the need
for such service and found a strong demand for it, especially among women
investors. A new system architecture is being proposed, called smart
trader, to accommodate investors’ needs and profiles. Smart trader
is a web-based application that provides a real time stock market information
and personalized stock recommendation. It is suggested that deploying
a smart stock trading applications in DFM would assist investors make an
informative investment decision as well as help them streamline their stock
trading transactions.
Authors: Hessa Mesmar, Sara Saeed, Fatma Al Amir,
and Hanan Ibraheem