By using information and communication technology (ICT),
organizations are looking forward to efficiency improvements. Stock
exchange as the major element of capital market in every country should
tend to enjoy the optimum use of this technology by using accurate and
strategic planning to increase its efficiency more than ever.
This research, by enumerating different dimensions
of efficiency (information, transaction, and supervision), studies the
effect of information and communication technology (ICT) on the stock
exchange and reports the main policies of this organization in using
this technology. For this purpose utilizing the experience of other
successful developing countries is recommended. So the experiences of
the stock exchange of Malaysia in the area of information and
communication technology are also considered.
The results of the research demonstrate that by
using information and communication technology can increase the
efficiency of stock exchange in all aspects. In addition, the effect of
this instrument on efficiency increase, in the area of transactions, is
far more than the other areas.
Information and Communication Technology (ICT),
Efficiency, Stock Exchange, Malaysia