An online stock brokerage platform for African markets

Date
2020
Authors
M’imiemba, Janis Rionga
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Abstract
Stock trading is a vibrant industry around the globe. The advent of the internet on the other hand has resulted in the birth of online payment systems and electronic commerce, thus enabling a lot of businesses to carry out transactions online. However, a lot of stockbrokers in African countries are yet to take advantage of these technological developments to enable their clients to buy and sell shares online. This project therefore seeks to facilitate this transition by developing an online brokerage platform that can be easily replicated to meet the needs of online investors in African stock markets and uses the Ghana Stock Exchange as an example in the development process. This paper explains in detail the development process for the online brokerage platform intended to facilitate online buying and selling of stocks. Key advantages of such a platform include allowing investors to buy and sell shares at any time, and it is time and cost effective as it eliminates the need to go through a stockbroker in order to buy or sell shares. The platform also provides educational material to give investors better insight in their trading activities. The end product of this project is a web application where users can easily create trading accounts and start the process of buying and selling shares.
Description
Applied project submitted to the Department of Computer Science and Information Systems, Ashesi University, in partial fulfillment of Bachelor of Science degree in Computer Science, May 2020
Keywords
brokerage platform, web-based application, online trading
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