Apex HyperDB vs Kingstar KMDB vs Hundsun LightDB vs HuaRui ATP T7: The Four Routes of Proprietary In-Memory Databases in Securities Brokerages3736 wordsTech Deep Dive Securities IT Database Xinchuang In-Memory Database HyperDB KMDB LightDB ATP T7 Core Trading System De-Oracle
Practical Guide to Broker Settlement Mode: Building and Operating a Settlement Reserve Management System2423 wordsPractical Guide Securities IT Back Office Operations Broker Settlement Mode BSM Funds Settlement Reserve Fund Position Management Clearing and Settlement Securities IT ChinaClear
The Rebirth of China's Securities Market: From Paper Stock Certificates to the Birth of the Shanghai Stock Exchange1348 wordsSecurities History FinTech Securities IT China Securities Market Shanghai Stock Exchange Shareholder Card Securities Account Clearing and Settlement Trading Seat Brokerage System Jinzhen Hundsun
Around 2000: What Were the Trading Host, Seat, Middleware, and Exchange Actually Doing?3830 wordsSecurities History Financial Technology Securities IT Trading Host Trading Seat Middleware KCBP KCXP AS AR HARE Shanghai Stock Exchange Shenzhen Stock Exchange Centralized Trading Securities Trading System
Around 2000: What Were KCBP and KCXP? Reconstructing Kingstar's Early Securities Middleware Architecture2848 wordsSecurities History Financial Technology Securities IT Kingstar KCBP KCXP HARE AS AR Middleware Trading Host Trading Seat Securities Trading System Shanghai Stock Exchange Shenzhen Stock Exchange
1997–2001: Why Chinese Brokerages Had to Centralize Trading — From Branch Systems to KCBP/KCXP4982 wordsSecurities History Financial Technology Securities IT KCBP KCXP Centralized Trading Securities Brokerage Trading Seat Main Station Securities Middleware Shanghai Stock Exchange Shenzhen Stock Exchange Heterogeneous Networks Brokerage Architecture
1991–1993: Why Did Chinese Stocks Suddenly Go Paperless? What Did Centralized Securities Registration and Settlement Actually Solve?2898 wordsSecurities History Financial Technology Securities IT Paperless Securities Securities Registration Clearing and Settlement Shanghai Stock Exchange China Securities Depository and Clearing Securities Accounts Shareholder Accounts Securities Custody Brokerage Systems Securities Infrastructure
From HyperDB to LightDB: The Four Routes of Proprietary In-Memory Databases in Securities Core Trading Systems2512 wordsTech Deep Dive Securities IT Database Xinchuang In-Memory Database HyperDB KMDB LightDB AMI Core Trading System De-Oracle
What's the Difference Between Apex A5's HyperDB and Kingstar's KMDB? Two Philosophies of In-Memory Databases3384 wordsTech Deep Dive Securities IT Database Xinchuang Apex Software Kingstar In-Memory Database HyperDB KMDB Core Trading System De-Oracle
From Brokerage Pricing to Revenue Sharing: The Complete Business Logic of T+0 Algorithmic Trading Services2454 wordsFinTech Securities IT Algorithmic Trading Brokerage Business Models T+0 Algorithmic Trading Brokers Quant Trading Trading Commissions FinTech Algorithm Vendors
1986–1991: How Did Shanghai Securities Counter Trading Actually Work? From Paper Shares to Trading Seats and the Birth of Securities IT1477 wordsSecurities History Financial Technology Securities IT Shanghai Stock Exchange Shanghai Securities Market Securities Counter Trading Trading Seat Shareholder Registration Paper Stock Certificates Brokerage Systems Jinzhen Hundsun