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World Wide Web

, Volume 12, Issue 1, pp 69–86 | Cite as

A Domain-Driven Approach for Detecting Event Patterns in E-Markets

Original Article

Abstract

An e-market can be thought of as a distributed event system where an event is generated every time the market’s state changes in response to a number of human or computing agents. The paper describes a practical application of event processing in an e-market context through conventional Event Processing Systems (EPSs). A new EPS architecture that allows the integration of several existing EPSs under a unified domain-specific user interface and execution environment is proposed. We assess the performance of a prototype system for a case study in financial market surveillance and its ability to provide a common interface for two existing EPSs–SMARTS and Coral8. A discussion on the experimental results and the issues arising from the proposed EPS architecture are also provided.

Keywords

e-markets event-driven architecture event pattern model financial markets 

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Copyright information

© Springer Science+Business Media, LLC 2008

Authors and Affiliations

  1. 1.School of Computer Science and EngineeringUniversity of New South WalesSydneyAustralia
  2. 2.School of Information Systems, Technology and ManagementUniversity of New South WalesSydneyAustralia

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