Getting Ready: An Online Stock Brokerage System
Explore designing an online stock brokerage system by understanding its core components, user requirements, and discoverability. Learn to apply a bottom-up approach and discuss design patterns, preparing you to break down interview problems effectively.
Problem definition
An online stock brokerage system acts as an intermediary between the buyer and seller during the trade of stocks. The system facilitates its users' buying and selling of stocks online. It enables users to monitor and carry out their transactions and displays performance graphs for the various stocks in their portfolios. It also protects client transactions and notifies them when stock changes reach certain levels.
The online stock brokerage system streamlines traditional trading using digital infrastructure, offering faster transactions and reduced operational costs. It also offers users quicker access to stock information, market trends, and real-time prices. Additionally, the system supports deposits and ...