| Stock Exchanges are more and more technology | | | | The decision to close an exchange is motivated by |
| driven. The information systems SE uses, can be | | | | the fear of a massive sell-off. Similar to a run on |
| improved by using a technique that is entering all | | | | banks. If people sell now, how do we know whether |
| kinds of domains these days; Data Mining. | | | | they come back ever? |
| Data mining and business intelligence has changed | | | | Data mining may offer help in such a situation. To |
| many businesses already. A good example is sports. | | | | gain back some confidence wall displays or |
| In soccer the game has been made more interesting | | | | information on websites may offer information to put |
| because of additional comments that were provided | | | | the decline in a perspective; for example: "in ... (similar) |
| by information systems. We get information on how | | | | situations a three days decline like this, was followed |
| many times the team has won in similar | | | | by a 15% increase in the following two days." |
| circumstances, how many penalties a player has | | | | The right and exact messages need to be assessed, |
| missed, or how many corners converted into goals... | | | | but the idea is to control pure fear. And to offer an |
| The Stock Exchange is another area where defaming | | | | alternative to closing the exchange. |
| technique could help to improve the main function of | | | | The Soccer game has changed since data mining and |
| the exchange. This is to offer a platform for trade. | | | | maturity of information systems. |
| During this crisis the value of Stock exchange stocks | | | | The stock exchange is a market that has already |
| have decreased more than you would imagine the | | | | changed much of its form. It used to be a floor with |
| profits would decline, given the amount of trading. | | | | people, and they could communicate to each other, |
| Many will trade less during a bear-market. | | | | now only information systems can control a path |
| The worst a stock-exchange can do is to close | | | | that has been entered by use of these same |
| down. This happened last week in Moscow and in | | | | information technology. And defaming seems the |
| Vienna. Closing down an exchange will not raise the | | | | most appropriate for the short term. |
| confidence people have in such an exchange. There | | | | Stock-Exchange-stocks that are best developed with |
| are many other mechanisms to control sell-off by | | | | these kinds of technology will outperform other |
| stock-exchange-rules, but these are not always | | | | SE-stocks in the future. |
| enough. | | | | H.J.B. |