Conceptualization and Realization of Agile Building Blocks for a User-Configurable Trading Platform

Market models are the blue prints of electronic trading platforms. Having various specifications and trading styles, traders on today´s market places are challenged to establish to find markets with models that fit their trading habits. Established market structures will need to become more flexible in order to address the needs of traders. This paper analyses efficient building blocks for such a user-configurable trading platform based on the design science research methodology. After investigating previous academic work on trading platforms, an agile trading platform is designed to be flexible, fast and to have low entrance barriers. We present a prototype as a proof-of-concept and subsequently evaluate and discuss it with given kernel theories.