Information technology systems of the stock market and threats of financial cyber–fraud
Journal Title: Формування ринкових відносин в Україні. Збірник наукових праць - Year 2019, Vol 3, Issue 3
Abstract
The subject of the study is the information systems – operators of stock markets and risks of financial cyber–fraud. The aim of the study is to review information and technology systems of the modern stock market and their functional capabilities, as well as to identify the most popular types of electronic financial fraud. Research methods. The work uses the dialectical method of scientific knowledge, the method of analysis and synthesis, the comparative method, the method of data generalization. Results of work. The article considers the key features of modern stock information and communication technologies («Reuters 3000 Xtra», «MetaTrader», «QUIK», «NetTradeX», «TraderStar», etc.). The emphasis is on the need to take into account their modular structure when choosing the appropriate software package to solve specific operational problems in the electronic securities market. The most common types of financial cyber–crime in Ukraine and in the world are described and characterized. Conclusions: Information systems technology of stock market services have a different structure and operational purpose. Between them, some rely on fuzzy sets, the other – on simulation models, and the third – on elements of artificial intelligence. Financial–market threats to stock ICTs include operational–technological, subjective–organizational, regulatory, and instrumental and object– oriented risks. The most widespread types of financial cybercrime are now vishning, andsdropping, skimming, and cryptography of capital from the national economy.
Authors and Affiliations
A. V. KOLODIYCHUK
Keywords
Related Articles
- EP ID EP586724
- DOI 10.5281/zenodo.2678004
- Views 114
- Downloads 0
World experience of management of land resources based on socio–economic welfare level
A study of world experience in land management based on an integrated assessment of the level of socio–economic well–being was conducted. The existing models of organization of land relations of foreign countries are ana...
Features of accounting for operations with fixed assets in banks of Ukraine
The subject of the study is a set of theoretical and methodical bases for accounting for transactions for the acquisition of fixed assets of banks. The purpose of writing the article is: – research and generalization of...
Management of common property of apartment buildings in the context of studying the European Union experience
The professional management features of common property of apartment buildings in the European Union are researched in the article. The differences in this sphere between our country and EU countries are considered. The...
The development of institutional economics and its impact on social infrastructure
In the article the concept and generalized institutional economics, social institutions and factors of their formation and development. Formulated need for institutional transformation and its impact on the social infras...
The essence and features of the functioning of the knowledge economy
The article considers the main characteristics of the knowledge economy, its main elements and conditions of becoming. We investigate the most important aspects of the formation of the knowledge economy. Clarified the fa...