Project Title: CSE3310/SP2009/IPOT



|Requirement Title: |Trade |

|Sequence No: |001 |

|Short description: |Buy Stocks |

|Description: |User will proceed to purchase a stock by providing the following fields: |

| |Stock symbol (In case they do not know the stock symbol, a link to symbol look up should be |

| |provided via Search Functionality) |

| |Action: {Drop down: Buy or sell} |

| |Order Type: {Dropped down: Market or good-till-cancel} |

| |Price {Applicable for good-till-cancel orders only} |

| | |

| |The latest price of the stock (i.e. using “Quotes”) should be displayed. |

| | |

| |Above information together with today’s date and customer’s account number is packaged and sent |

| |to the server upon pressing the “Submit” button. |

| | |

| |An order confirmation number should be automatically generated and displayed on the screen. |

| |Customer should be encouraged to print or write down this screen. |

| | |

| |Customers should be informed to check the status of their order by going to the appropriate |

| |“OrderStatus” page. Provide a link to the OrderStatus page. |

| | |

| |User can press cancel to ignore this trade. A cancel confirmation message should be displayed |

| | |

| |A Confirmation e-mail must be sent to customer |

|Pre-Conditions: |User must logon before performing this function |

| |A stock Quote must be automatically popped up to display the latest stock price |

| | |

| | |

|Post Conditions: |An order confirmation number should be issued or an error message in case order did not take |

| |place |

| |User should be informed with a message to select order status to see the status of this order |

| |(i.e. order pending or completed) |

| |Market orders will be canceled at the end of the trading day if they are not filled |

| | |

|Other attributes: |Make sure multiple click does not yield to multiple purchases |

| |US stocks only |

| |Must verify to see if sufficient funds exist to proceed with this purchase |

| |A print functionality should be provided (to print order confirmation) |

| |A link to symbol look up should be provide in case the user does not know the stock symbol |

| |A link to “News” functionality should be provided in case customer wishes to check the news on a |

| |particular stock |

| | |

| | |

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