公开(公告)号：US08504667B2

公开(公告)日：2013-08-06

申请号：US12512484

申请日：2009-07-30

申请人： Edward Howorka ,  Peter R. Horsfall ,  Steven W. Iaccheo ,  Michael S. Merold ,  Schalk M. Steyn

发明人： Edward Howorka ,  Peter R. Horsfall ,  Steven W. Iaccheo ,  Michael S. Merold ,  Schalk M. Steyn

IPC分类号： G06F15/16

CPC分类号： H04L67/325 ,  G06Q40/04

摘要： In a trading system market data from a matching engine is distributed by a broker to a plurality of trading floors repeatedly every T seconds, typically one second. This one second distribution period is divided into a plurality of time slots and each trading floor is randomly assigned to a slot. Data for a given trading floor is calculated and distributed during the time slot assigned to that floor. The position of a trading floor relative to others is varied by swapping a pair of adjacent time slots every J distribution periods.

公开(公告)号：US20110119174A1

公开(公告)日：2011-05-19

申请号：US13013952

申请日：2011-01-26

申请人： Edward Howorka ,  Tracey Riordan

发明人： Edward Howorka ,  Tracey Riordan

IPC分类号： G06Q40/00

CPC分类号： G06Q40/00 ,  G06Q30/0611 ,  G06Q30/0613 ,  G06Q30/0615 ,  G06Q30/0617 ,  G06Q40/04 ,  G06Q50/188

摘要： Quotes entered into an automated trading system may comprise a visible, or primary, amount, and a linked or hidden amount. The visible amount only is shown to other traders on the system but part or all of the linked amount may be dealt if the order with the quote is match is for an amount greater than the visible amount. If, after matching and deal confirmation, all the visible amount has been dealt, but some or all of the linked amount remains, a fresh order for the remaining linked amount is generated and submitted to the trading system for matching. The new quoted may be visible only or may have a visible component up to a limit specified by the maker on submission of the original quote, with the remainder being linked. Maker quotes converted to taker quotes by an auto-match routine may be resubmitted for undealt linked amounts in the same way. In one aspect of the invention, linked amounts are matched and dealt before visible amounts.

摘要翻译： 输入自动交易系统的报价可能包括可见或主要的金额，以及相关或隐藏的金额。 仅对系统上的其他交易者显示可见金额，但是如果报价的订单匹配的金额大于可见金额的金额，则部分或全部相关金额可能会被处理。 如果在匹配和交易确认后，所有可见金额已经处理，但部分或全部相关金额仍然存在，则剩余关联金额的新订单将生成并提交给交易系统进行匹配。 新引用的可能只能看到，或者可能有一个可见的组件，直到制造商在提交原始报价时指定的限制，其余部分被链接。 自动匹配例程的制造商报价转换为收货人报价可能会以相同的方式重新提交未退回的联系金额。 在本发明的一个方面，连接的量在可见量之前匹配和处理。

公开(公告)号：US20060010065A1

公开(公告)日：2006-01-12

申请号：US11177991

申请日：2005-07-08

申请人： Edward Howorka

发明人： Edward Howorka

IPC分类号： G06Q40/00

CPC分类号： G06Q40/06 ,  G06Q40/00 ,  G06Q40/04

摘要： In an electronic trading system, prime brokerage services may be provided by assigning one or more dependent or child deal codes to a deal code. Prime broker trades are conducted via the dependent deal codes but appear to the market as deals with the parent deal code using credit assigned to the parent deal code. The prime bank customer is a dependent deal code of the customer bank which also trades on the system, allowing credit to be allocated by the customer dependent code for prime broker trades. A deal code may have several dependent deal codes which can trade with one another. Dependent deal codes can be used to expand the size of trading floors beyond that which can be supported by a single deal code and to assist in migration between system versions.

摘要翻译： 在电子交易系统中，可以通过向交易代码分配一个或多个从属或子交易代码来提供主要经纪服务。 主要经纪商交易是通过相关交易代码进行的，但在市场上显示为使用分配给母公司交易代码的信用的交易代码。 主要银行客户是客户银行的依赖交易代码，该交易代码也在系统上进行交易，从而允许信贷由客户依赖代码分配给主要经纪商。 交易代码可以具有可以彼此交易的几个相关交易代码。 可以使用相关的交易代码来扩大交易层面的大小，超出单个交易代码可以支持的交易大小，并协助系统版本之间的迁移。