From meduna@mash.com Mon Oct  9 10:14:46 1995

							  Paul Meduna
							  meduna@mash.com


  Project Proposal for CS6998:


	Being Developer of Equities Trading Systems I would like to write 
  a minimal Trading system for Nasdaq Equities.

  There will be in a database of  1/ Current Prices
				  2/ Open Orders (nonexecutable)

  With feed of Nasdaq Quotes the Application will update Current Prices
  and check in the Order Database for eligible Orders in order to execute 
  them.

  Incoming Orders (external or generated through Order Entry Window) 
  will be either executed (if eligible) or inserted into the database.

  Part of the application will be dynamically updated open order browse 
  featuring the open order book.

  Also Customer portfolio will be graphically represented and dynamically 
  updated.

  For the feed of Nasdaq Quotes I would like to use a file which will be
  updated with live Quotes (pending permission of my employer).

  I would like to use Java for this project and work on Sun with Solaris.  

  Most of the processing will be done locally by the application, only the 
  Order and Quote feed will go over the network.