Authored by: Lafayette College EGRS 451 group (Xuan Chen, Rahman Rahim, Arun Venkataswaran)
Date: Spring 2013
Course Instructor: Professor Cohen
Project Links: Memo
Abstract: This project’s research question is: Stock exchanges have been influenced by particular historical, economic, and legislative contexts over the past several decades. Considering those primary contexts, our projects asks: what is the relationship between digital computing and the functioning of stock markets, specifically the New York Stock Exchange (NYSE), in the recent past, present and, possibly, future? To address this question, we contacted Prof. Kelly, in the Economics department at Lafayette College, who has worked on the Street as a trader for JP Morgan. Most of the project’s information was acquired either through first hand information like interviews or through primary sources like academic journal and finance articles. Based on the contexts we analyzed, we see the relationship between digital computing and stock markets getting stronger. In addition, we have created a set of questions that must be addressed as a result of this relationship. The project is accompanied with a website as the final product and acts as an educational tool and background research for students interested in this topic.
Tags: EGRS 451, Spring 2013, digital computing, economics, finance, financial engineering, ethics