发明授权
- 专利标题: System and method for estimating order position
- 专利标题(中): 用于估计订单位置的系统和方法
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申请号: US11415890申请日: 2006-05-02
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公开(公告)号: US07882012B1公开(公告)日: 2011-02-01
- 发明人: Robert A. West , Ryan A. Andrews , Jens-Uwe Schluetter , David W. Garrison , Michael J. Burns
- 申请人: Robert A. West , Ryan A. Andrews , Jens-Uwe Schluetter , David W. Garrison , Michael J. Burns
- 申请人地址: US IL Chicago
- 专利权人: Trading Technologies International, Inc.
- 当前专利权人: Trading Technologies International, Inc.
- 当前专利权人地址: US IL Chicago
- 代理机构: McDonnell Boehnen Hulbert & Berghoff LLP
- 主分类号: G06Q40/00
- IPC分类号: G06Q40/00
摘要:
A system and method for providing order queue position information are disclosed. In this application, market updates are received for a tradable object from at least one exchange. To the extent that the market updates do not include enough details to compute the queue position of a trader's working orders, estimation may be used. As a result, an order queue is generated to approximate a trader's order position in an exchange price order queue. An interface may be used to display the generated order queue estimation to the trader which provides valuable trading information.
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