THESEUS terminal-access to broadband networks for European stock exchanges

The objective of the THESEUS project is to develop a terminal that enables stock brokers located in Europe to communicate not only with their national stock exchange, but also with all the other European stock exchanges. Such a terminal is necessary to put into practice the EC directives concerning the opening of the European capita I market. Th is paper presents an overvi ew of the THESE US term ina I design strategy. It focuses on the communicat ion protocol stack design and the implementation of broadband network acces s. The first European demonstration, using national host access facilities, was conducted successfully in January 1998. An overview of this demonstrat ion is presented at the end of the paper.