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Showing posts with the label ashishbanerjee

Stock Exchanges in the Cloud for SMB/SME Business

Have been pondering about building stock exchanges in the cloud and whenever I tweet it is like placing an order in an exchange, the only difference being it is textual rather then monetary information. NYSE and NASDAQ already use and provide cloud computing services for their members and I am sure there are a number of exchanges which also offer this facility. Today I came across a  design for a stock engine bid matching engine in the cloud  by Mr. Ashish Banerjee  http://www.ashishbanerjee.com/bid-matching-engine . in the public cloud using Amazon Web Services. SMB/SME Exchanges in the Cloud will signify a New Era for trading! Today's blog is about designing a Stock Exchange in the Cloud for SMB (Small and Medium Business) or also called as SME ( Small and Medium Enterprises) in India. SMB/SME are burdened with expensive debt and an exchange for listing their equity will  allow them to reduce their cost of debt and also distribute the business risks to s...