System and Method for Timed Order Entry and Modification

    公开(公告)号:US20180033084A1

    公开(公告)日:2018-02-01

    申请号:US15727194

    申请日:2017-10-06

    CPC classification number: G06Q40/04 G06Q40/00 G06Q40/06

    Abstract: A system and method for defining and processing timed orders are defined. According to one embodiment, a trader may define a timed order by defining an intra-day time trigger or a time period when the timed order should be automatically modified, such as deleted or cancelled/replaced with a new order. In one embodiment, the intra-day time trigger or time period may be dynamically changed to a later time, for example, upon receiving a predetermined user input. Also, the time trigger and time period may be configured to dynamically vary based on any user configurable formula. Also, the timed order may be associated with one or more actions to be taken once the order is deleted, such as sending a new order, for example.

    TRADING CIRCLES
    52.
    发明申请
    TRADING CIRCLES 审中-公开
    交易周期

    公开(公告)号:US20150019399A1

    公开(公告)日:2015-01-15

    申请号:US14314427

    申请日:2014-06-25

    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。

    Systems and methods for multiplier-adjusted lean levels for trading strategies
    53.
    发明授权
    Systems and methods for multiplier-adjusted lean levels for trading strategies 有权
    用于交易策略的乘数调整精益水平的系统和方法

    公开(公告)号:US08856041B2

    公开(公告)日:2014-10-07

    申请号:US13959071

    申请日:2013-08-05

    CPC classification number: G06Q40/04 G06Q40/00

    Abstract: Certain embodiments provide a method for trading in an electronic trading environment including receiving market data relating to a plurality of tradeable objects; sending a order to an exchange for the first tradeable object at a quoted price; receiving a fill confirmation for the quoting order at a filled price; determining a difference between the quoted price and the filled price; determining a hedge price for each of the plurality of tradeable objects other than the first tradeable object based at least in part on the difference and at least one multiplier associated with at least one leg of the trading strategy; and sending hedge orders for each of the plurality of tradeable objects other than the first tradeable object at the corresponding hedge price. The plurality of tradeable objects includes at least a first, second, and third tradeable object, which are traded as legs of a trading strategy.

    Abstract translation: 某些实施例提供一种用于在电子交易环境中交易的方法,包括接收与多个可交易对象相关的市场数据; 以引用价格向第一可交易对象的交易发送订单; 以填补的价格收到报价单的填写确认; 确定报价与填补价格之间的差额; 至少部分地基于差异来确定除第一可交易对象之外的多个可交易对象中的每一个的对冲价格,以及与交易策略的至少一条腿相关联的至少一个乘数; 以对应的对冲价格发送除第一可交易对象之外的多个可交易对象中的每一个的对冲订单。 多个可交易对象包括至少第一,第二和第三可交易对象,其被交易为交易策略的腿。

    Method and apparatus for message flow and transaction queue management
    54.
    发明授权
    Method and apparatus for message flow and transaction queue management 有权
    消息流和事务队列管理的方法和装置

    公开(公告)号:US08839269B2

    公开(公告)日:2014-09-16

    申请号:US14056463

    申请日:2013-10-17

    CPC classification number: G06Q40/04 G06F9/546

    Abstract: Management of transaction message flow utilizing a transaction message queue. The system and method are for use in financial transaction messaging systems. The system is designed to enable an administrator to monitor, distribute, control and receive alerts on the use and status of limited network and exchange resources. Users are grouped in a hierarchical manner, preferably including user level and group level, as well as possible additional levels such as account, tradable object, membership, and gateway levels. The message thresholds may be specified for each level to ensure that transmission of a given transaction does not exceed the number of messages permitted for the user, group, account, etc.

    Abstract translation: 使用事务消息队列管理事务消息流。 该系统和方法用于金融交易信息系统。 该系统旨在使管理员能够监视,分发,控制和接收有限网络和交换资源的使用和状态的警报。 用户以分级方式进行分组,优选地包括用户级别和组级别,以及可能的附加级别,例如帐户,可交易对象,成员资格和网关级别。 可以为每个级别指定消息阈值,以确保给定事务的传输不超过用户,组,帐户等允许的消息数量。

    Method and Systems for Advanced Spread Price Calculation
    55.
    发明申请
    Method and Systems for Advanced Spread Price Calculation 审中-公开
    高级价差计算方法与系统

    公开(公告)号:US20140156485A1

    公开(公告)日:2014-06-05

    申请号:US13691225

    申请日:2012-11-30

    CPC classification number: G06Q40/04

    Abstract: Methods and systems for advanced spread price calculation are disclosed. An example method to calculate a spread price includes receiving a trading spread including a plurality of legs, wherein each leg of the plurality of legs is associated with a tradeable object. The example method includes facilitating a definition of a mathematic equation that describes a relationship between each of the plurality of legs based on at least two parameters relating the plurality of legs to the spread price. The example method includes calculating the spread price based on the defined mathematic equation.

    Abstract translation: 披露了高级价差计算方法和系统。 计算分散价格的示例性方法包括接收包括多个支腿的交易价差,其中所述多个支腿中的每条腿与可交易对象相关联。 该示例性方法包括促进基于将多个腿与传播价格相关联的至少两个参数来描述多个腿中的每一个之间的关系的数学方程的定义。 该示例方法包括基于定义的数学方程计算差价。

    Method and Apparatus for Message Flow and Transaction Queue Management
    56.
    发明申请
    Method and Apparatus for Message Flow and Transaction Queue Management 有权
    消息流和事务队列管理的方法和装置

    公开(公告)号:US20140108225A1

    公开(公告)日:2014-04-17

    申请号:US14056463

    申请日:2013-10-17

    CPC classification number: G06Q40/04 G06F9/546

    Abstract: Management of transaction message flow utilizing a transaction message queue. The system and method are for use in financial transaction messaging systems. The system is designed to enable an administrator to monitor, distribute, control and receive alerts on the use and status of limited network and exchange resources. Users are grouped in a hierarchical manner, preferably including user level and group level, as well as possible additional levels such as account, tradable object, membership, and gateway levels. The message thresholds may be specified for each level to ensure that transmission of a given transaction does not exceed the number of messages permitted for the user, group, account, etc.

    Abstract translation: 使用事务消息队列管理事务消息流。 该系统和方法用于金融交易信息系统。 该系统旨在使管理员能够监视,分发,控制和接收有限网络和交换资源的使用和状态的警报。 用户以分级方式进行分组,优选地包括用户级别和组级别,以及可能的附加级别,例如帐户,可交易对象,成员资格和网关级别。 可以为每个级别指定消息阈值,以确保给定事务的传输不超过用户,组,帐户等允许的消息数量。

    Configurable Order Entry, Matching, Coordination, and Market Data Intervals

    公开(公告)号:US20240257246A1

    公开(公告)日:2024-08-01

    申请号:US18632807

    申请日:2024-04-11

    CPC classification number: G06Q40/04

    Abstract: Methods, system and articles of manufacture are disclosed including configurable order entry, matching, coordination and market data intervals. An example method to decouple order entry and matching of contra-side orders includes receiving a trade order during an order entry interval, wherein the order entry interval defines a first period. The example method also includes starting a matching interval at the expiration of the order entry interval, wherein the matching interval includes a second period and wherein the first period is contiguous to the second period. The example method further includes matching the trade order, during the matching interval, with one or more opposing tradable object trade orders received during the order entry interval, the trade order having a same price or same quantity as the one or more opposing trade orders.

    Distributed Server Side Device Architecture
    59.
    发明公开

    公开(公告)号:US20240249359A1

    公开(公告)日:2024-07-25

    申请号:US18596989

    申请日:2024-03-06

    CPC classification number: G06Q40/06 G06Q40/04

    Abstract: An electronic trading method is provided. The method includes receiving a trading strategy order having a parent trading strategy including multiple quoting legs; splitting the trading strategy order into multiple child orders; and submitting each of the multiple child orders to exchange systems adapted to fill the quoting legs in the child orders. Each child order includes a child trading strategy having a single quoting leg or a reduced number of quoting legs relative to the parent trading strategy. The child trading strategies are the same as the parent trading strategy except for the number of legs marked as quoting legs. The method may be performed by a trading strategy device disposed between a client device and multiple server side devices.

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