System and Method for Active Order Management in an Electronic Trading Environment

    公开(公告)号:US20180211314A1

    公开(公告)日:2018-07-26

    申请号:US15416796

    申请日:2017-01-26

    Abstract: A trade order may be submitted to an electronic exchange and updated, according to pay-up parameter values, in an attempt to receive a complete fill within a period of time. The trade order may comprise an order price and an order quantity when submitted to the electronic exchange. The pay-up parameters may include a pay-up interval, a pay-up amount, a pay-up counter, or a combination thereof. The price of the trade order may continue to be updated after the expiration of pay-up interval in an attempt to receive a complete fill of the trade order. The price of the trade order may be increased or decreased by the pay-up amount. The trade order may continue to be updated until a complete fill is received, the pay-up counter expires, and/or an ending time expires for which the pay-up parameters may be implemented.

    In-line FIX packet translator
    22.
    发明授权

    公开(公告)号:US11810195B2

    公开(公告)日:2023-11-07

    申请号:US18156197

    申请日:2023-01-18

    CPC classification number: G06Q40/04 H04L12/4633 H04L45/74 H04L67/565

    Abstract: Certain embodiments provide systems and methods to perform in-line translation of message content according to FIX protocol variants in a trading system. An example method includes receiving, at a computing device, a message formatted according to a FIX protocol, the message including message content and a message wrapper, the message wrapper providing session and delivery information for the message to a target. The example method includes performing in-line translation of the message content of the received message to adjust the message content according to a predefined set of rules without affecting the message wrapper (with the possible exception of the message size) and message routing session. The example method includes facilitating routing of the message to the target based on the message wrapper.

    SYSTEM AND METHOD FOR ACTIVE ORDER MANAGEMENT IN AN ELECTRONIC TRADING ENVIRONMENT

    公开(公告)号:US20230153910A1

    公开(公告)日:2023-05-18

    申请号:US18156501

    申请日:2023-01-19

    CPC classification number: G06Q40/04

    Abstract: A trade order may be submitted to an electronic exchange and updated, according to pay-up parameter values, in an attempt to receive a complete fill within a period of time. The trade order may comprise an order price and an order quantity when submitted to the electronic exchange. The pay-up parameters may include a pay-up interval, a pay-up amount, a pay-up counter, or a combination thereof. The price of the trade order may continue to be updated after the expiration of pay-up interval in an attempt to receive a complete fill of the trade order. The price of the trade order may be increased or decreased by the pay-up amount. The trade order may continue to be updated until a complete fill is received, the pay-up counter expires, and/or an ending time expires for which the pay-up parameters may be implemented.

    In-Line FIX Packet Translator
    24.
    发明申请

    公开(公告)号:US20220207611A1

    公开(公告)日:2022-06-30

    申请号:US17696478

    申请日:2022-03-16

    Abstract: Certain embodiments provide systems and methods to perform in-line translation of message content according to FIX protocol variants in a trading system. An example method includes receiving, at a computing device, a message formatted according to a FIX protocol, the message including message content and a message wrapper, the message wrapper providing session and delivery information for the message to a target. The example method includes performing in-line translation of the message content of the received message to adjust the message content according to a predefined set of rules without affecting the message wrapper (with the possible exception of the message size) and message routing session. The example method includes facilitating routing of the message to the target based on the message wrapper.

    System and Method for Active Order Management in an Electronic Trading Environment

    公开(公告)号:US20210319512A1

    公开(公告)日:2021-10-14

    申请号:US17358940

    申请日:2021-06-25

    Abstract: A trade order may be submitted to an electronic exchange and updated, according to pay-up parameter values, in an attempt to receive a complete fill within a period of time. The trade order may comprise an order price and an order quantity when submitted to the electronic exchange. The pay-up parameters may include a pay-up interval, a pay-up amount, a pay-up counter, or a combination thereof. The price of the trade order may continue to be updated after the expiration of pay-up interval in an attempt to receive a complete fill of the trade order. The price of the trade order may be increased or decreased by the pay-up amount. The trade order may continue to be updated until a complete fill is received, the pay-up counter expires, and/or an ending time expires for which the pay-up parameters may be implemented.

    System and method for active order management in an electronic trading environment

    公开(公告)号:US11138662B2

    公开(公告)日:2021-10-05

    申请号:US16540585

    申请日:2019-08-14

    Abstract: A trade order may be submitted to an electronic exchange and updated, according to pay-up parameter values, in an attempt to receive a complete fill within a period of time. The trade order may comprise an order price and an order quantity when submitted to the electronic exchange. The pay-up parameters may include a pay-up interval, a pay-up amount, a pay-up counter, or a combination thereof. The price of the trade order may continue to be updated after the expiration of pay-up interval in an attempt to receive a complete fill of the trade order. The price of the trade order may be increased or decreased by the pay-up amount. The trade order may continue to be updated until a complete fill is received, the pay-up counter expires, and/or an ending time expires for which the pay-up parameters may be implemented.

    Slicer order quantity reduction tool

    公开(公告)号:US10565653B2

    公开(公告)日:2020-02-18

    申请号:US16287164

    申请日:2019-02-27

    Abstract: The disclosed embodiments generally relate to a slicer order quantity reduction tool. An example method for reducing a quantity of a slicer order includes calculating a collective quantity associated with available ones of a plurality of child orders; comparing the collective quantity and a reduction amount received in connection with a quantity reduction request for the slicer order; and determining, when the comparison indicates that the available ones of the child orders have insufficient quantity to meet the reduction amount, whether inflight ones of the plurality of child orders collectively have sufficient quantity to make up a shortfall of the available ones of the child orders.

    In-line FIX packet translator
    28.
    发明授权

    公开(公告)号:US10529025B2

    公开(公告)日:2020-01-07

    申请号:US16355310

    申请日:2019-03-15

    Abstract: Certain embodiments provide systems and methods to perform in-line translation of message content according to FIX protocol variants in a trading system. An example method includes receiving, at a computing device, a message formatted according to a FIX protocol, the message including message content and a message wrapper, the message wrapper providing session and delivery information for the message to a target. The example method includes performing in-line translation of the message content of the received message to adjust the message content according to a predefined set of rules without affecting the message wrapper (with the possible exception of the message size) and message routing session. The example method includes facilitating routing of the message to the target based on the message wrapper.

    In-Line FIX Packet Translator
    29.
    发明申请

    公开(公告)号:US20180060962A1

    公开(公告)日:2018-03-01

    申请号:US15792283

    申请日:2017-10-24

    CPC classification number: G06Q40/04 H04L12/4633 H04L45/74 H04L67/2823

    Abstract: Certain embodiments provide systems and methods to perform in-line translation of message content according to FIX protocol variants in a trading system. An example method includes receiving, at a computing device, a message formatted according to a FIX protocol, the message including message content and a message wrapper, the message wrapper providing session and delivery information for the message to a target. The example method includes performing in-line translation of the message content of the received message to adjust the message content according to a predefined set of rules without affecting the message wrapper (with the possible exception of the message size) and message routing session. The example method includes facilitating routing of the message to the target based on the message wrapper.

    SLICER ORDER QUANTITY REDUCTION TOOL
    30.
    发明申请
    SLICER ORDER QUANTITY REDUCTION TOOL 审中-公开
    SLICER ORDER数量减少工具

    公开(公告)号:US20140297505A1

    公开(公告)日:2014-10-02

    申请号:US14244590

    申请日:2014-04-03

    CPC classification number: G06Q40/04

    Abstract: The disclosed embodiments generally relate to a slicer order quantity reduction tool. An example method for reducing a quantity of a slicer order includes calculating a collective quantity associated with available ones of a plurality of child orders; comparing the collective quantity and a reduction amount received in connection with a quantity reduction request for the slicer order; and determining, when the comparison indicates that the available ones of the child orders have insufficient quantity to meet the reduction amount, whether inflight ones of the plurality of child orders collectively have sufficient quantity to make up a shortfall of the available ones of the child orders.

    Abstract translation: 所公开的实施例通常涉及切片机订单量减少工具。 用于减少切片器顺序的数量的示例方法包括计算与多个子命令中的可用的订单相关联的集合数量; 比较集合数量和与切片器订单的数量减少请求相关的收到的减少量; 并且当所述比较指示所述可用的所述子订单的数量不足以满足所述减少量时,确定所述多个子订单中的机动车集体是否具有足够的数量以弥补所述子订单中的可用子订单的不足 。

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