Virtualizing for user-defined algorithm electronic trading

    公开(公告)号:US12190380B2

    公开(公告)日:2025-01-07

    申请号:US18474422

    申请日:2023-09-26

    Abstract: Certain embodiments reduce the risks of traditionally programmed algorithms such as syntax errors, unclear logic, and the need for a non-trader programmer to develop the algorithm as specified by a trader by reducing or eliminating the writing of programming code by a user. Certain embodiments provide a design canvas area and blocks for designing an algorithm. Certain embodiments provide for grouping blocks placed in the design canvas area. Certain embodiments provide for virtualized group blocks enabling dynamic instantiation of portions of an algorithm to handle particular discrete events. Certain embodiments provide for operation of some or all portions of an algorithm when a connection between a client device and an algorithm server is broken.

    Throttling modification messages
    15.
    发明授权

    公开(公告)号:US10726484B2

    公开(公告)日:2020-07-28

    申请号:US15901644

    申请日:2018-02-21

    Inventor: Michael Unetich

    Abstract: The present embodiments relate to intelligently throttling a modification message based on a period of time that a trade order is required to remain in a market. In an embodiment, intelligently throttling a modification message includes intelligently selecting a transmission time of a modification message based on a period of time that a trade order is required to remain in a market. The modification message is transmitted at the selected time to ensure that the modification order is received at an electronic exchange at or shortly after, but not before, the period of time has expired. As a result, the modification order is accepted (e.g., not rejected) by the electronic exchange. The modification order does not need to be resent to the electronic exchange.

    Methods and systems to prevent adverse exchange limit effects

    公开(公告)号:US10679289B2

    公开(公告)日:2020-06-09

    申请号:US16031542

    申请日:2018-07-10

    Abstract: Methods and systems to prevent adverse exchange limit effects are disclosed. An example method of message management includes tracking, at a gateway, a transaction count of trade messages communicated to an exchange via an exchange link. The example method includes defining a first transaction limit based on the transaction count, and calculating a second transaction limit as a function of the first transaction limit, wherein the second transaction limit is to correspond to a reserve capacity associated with the exchange link. The example method includes assigning a message priority to each of a plurality of trade messages to communicate to the exchange. The example method includes communicating trade messages of the plurality of trade messages having a first message priority to the exchange when the transaction count is greater than the second transaction limit, and delaying or rejecting trade messages of the plurality of trade messages having a second message priority.

    User-Defined Algorithm Electronic Trading
    17.
    发明申请

    公开(公告)号:US20190012738A1

    公开(公告)日:2019-01-10

    申请号:US16123824

    申请日:2018-09-06

    Abstract: Certain embodiments reduce the risks of traditionally programmed algorithms such as syntax errors, unclear logic, and the need for a non-trader programmer to develop the algorithm as specified by a trader by reducing or eliminating the writing of programming code by a user. Certain embodiments provide building block buttons and an algorithm area to define an algorithm. Certain embodiments provide live evaluation of an expression as the algorithm is being defined. Certain embodiments provide a design canvas area and blocks for designing an algorithm. Certain embodiments provide live feedback for blocks as the algorithm is being designed. Certain embodiments provide for initiating placement of an order to be managed by a selected user-defined trading algorithm from a value axis and for displaying working orders being managed by different user-defined trading algorithms on the value axis. Certain embodiments provide a ranking tool.

    Trading circles
    19.
    发明授权
    Trading circles 有权
    交易圈

    公开(公告)号:US08799143B1

    公开(公告)日:2014-08-05

    申请号:US13839369

    申请日:2013-03-15

    CPC classification number: G06Q40/04 G06Q40/06

    Abstract: The disclosed embodiments provide trading circles. An example method includes defining a group having a plurality of members, wherein one or more of the plurality of members interacts with an exchange that facilitates market transactions; detecting a first interaction of a first group member with the exchange; and communicating, in response to detecting the first interaction, data related to the first interaction to a second group member before the first group member receives confirmation of the first interaction from the exchange.

    Abstract translation: 所公开的实施例提供交易圈。 示例性方法包括定义具有多个成员的组,其中所述多个成员中的一个或多个与促进市场交易的交换相互作用; 检测第一组成员与交换机的第一交互; 以及在所述第一组成员从所述交换机接收到所述第一交互的确认之前,响应于检测到所述第一交互而将与所述第一交互相关的数据通信给第二组成员。

    Methods and systems to prevent adverse exchange limit effects

    公开(公告)号:US12175534B2

    公开(公告)日:2024-12-24

    申请号:US18529313

    申请日:2023-12-05

    Abstract: Methods and systems to prevent adverse exchange limit effects are disclosed. An example method of message management includes tracking, at a gateway, a transaction count of trade messages communicated to an exchange via an exchange link. The example method includes defining a first transaction limit based on the transaction count, and calculating a second transaction limit as a function of the first transaction limit, wherein the second transaction limit is to correspond to a reserve capacity associated with the exchange link. The example method includes assigning a message priority to each of a plurality of trade messages to communicate to the exchange. The example method includes communicating trade messages of the plurality of trade messages having a first message priority to the exchange when the transaction count is greater than the second transaction limit, and delaying or rejecting trade messages of the plurality of trade messages having a second message priority.

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