An overview of online stock trading: History, characteristics, opportunities, challenges and the impact of the SEC regulation reform on trading structure

Haroun Alryalat*, Yogesh Kumar Dwivedi, Jasna Kiljis, Ray J. Paul, Mahmood Shah

*Corresponding author for this work

Research output: Contribution to journalReview articlepeer-review

2 Scopus citations

Abstract

This paper discusses the impact of US Securities and Exchange Commission (SEC) regulation reform on online and traditional trading structures. The aim is to provide a review of relevant issues within online stock trading and subsequently form a research agenda. To achieve this aim the following objectives are set: (1) to describe the current state of online trading, (2) to provide an overview of Electronic Communications Networks (ECNs) and existing regulations and (3) to discuss the impact of SEC regulation reform on trading structures. In doing so this paper will provide insights into how ECNs are used and how their growth and development are affected by the SEC regulation reform.

Original languageEnglish
Pages (from-to)58-74
Number of pages17
JournalInternational Journal of Business Information Systems
Volume2
Issue number1
DOIs
StatePublished - 2007
Externally publishedYes

Keywords

  • ECNs
  • Electronic Communications Networks
  • Impact
  • Online stock trading
  • Securities and Exchange Commision regulation
  • Trading structure

ASJC Scopus subject areas

  • Management Information Systems
  • Information Systems and Management
  • Management of Technology and Innovation

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