INFORMATION SUPPORT FOR MANAGING PROCESSES ON EXCHANGES IN THE CONTEXT OF DIGITALIZATION

Abstract

It has been established that electronic trading platforms are an integral part of the modern financial market, providing high speed, efficiency, and transparency in trading. The main components of electronic trading platforms and their advantages are characterized. The features of Big Data have been studied. It has been found that Big Data analytics involves the process of analyzing and processing large volumes of data to gain insights and make informed decisions. It has been determined that automated trading systems (Algorithmic Trading) use computer programs to execute trading operations according to specified algorithms and rules. The advantages of automated trading systems and the types of their strategies are characterized. The challenges and risks of automated trading are also described. It has been found that innovative technologies such as blockchain and distributed ledgers are fundamentally changing the approach to data storage, processing, and verification. The advantages and applications of blockchain and distributed ledgers are characterized. The challenges and risks of blockchain have been studied. It has been determined that cybersecurity is a key element of information support for managing processes on exchanges. The advantages of cybersecurity for exchange processes are characterized. The main threats and risks to exchange platforms are described. Cybersecurity strategies for exchanges are analyzed. It has been established that information-analytical systems (IAS) play a key role in ensuring effective management of processes on exchanges. The advantages and applications of information-analytical systems on exchanges are characterized. The challenges and risks of information-analytical systems on exchanges are analyzed.