公开(公告)号：US20140236802A1

公开(公告)日：2014-08-21

申请号：US14262955

申请日：2014-04-28

Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.

Inventor： Steven F. Borsand ,  Michael J. Burns ,  Scott F. Singer

IPC: G06Q40/04

CPC classification number: G06Q40/04 ,  G06Q40/00

Abstract: Orders are automatically sent to the market when certain user defined conditions are met. In particular, a trader can configure the trading application to automatically send orders for preset quantities at price levels with queues falling below a user defined threshold. The length of queues may be measured in several ways, for example, the queue length could be measured by quantity at a given price level or the queue length could be measured by the number of orders at a given price level, or the queue length could be measured by a combination of quantity and orders. The present embodiments can more quickly recognize opportunities and send an order to take advantage of it than a trader can do manually. Other advantages and features are described herein.

Abstract translation: 当满足某些用户定义的条件时，订单将自动发送到市场。 特别地，交易者可以配置交易应用程序，以在队列低于用户定义的阈值的价格水平自动发送预设数量的订单。 队列的长度可以通过几种方式进行测量，例如队列长度可以通过给定价格水平的数量来衡量，或者队列长度可以通过给定价格水平的订单数来衡量，或者队列长度可以 通过数量和订单的组合来衡量。 本实施例可以更快速地识别机会并发送订单以利用它，而不是交易者可以手动执行。 本文描述了其它优点和特征。

公开(公告)号：US20140222639A1

公开(公告)日：2014-08-07

申请号：US14018105

申请日：2013-09-04

Applicant: Trading Technologies International, Inc.

Inventor： Thomas R. Zagara ,  Michael J. Burns ,  Scott F. Singer

IPC: G06Q40/04

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

Abstract: A system and method are provided to visually represent and configure trading strategies used in electronic trading. The system and method may be used to visually represent, among other things, an acceptable range of prices for a trading strategy in relation to a graphical user interface. The acceptable range of prices may be input by a trader to limit when one or more orders are moved from one price to another. The acceptable range of prices can be displayed on a graphical user interface using visual indicators. Using the visual indicators, the acceptable range of prices can also be configured and modified by a trader based on the trader's preferences. Other features and advantages are described herein.

Abstract translation: 提供了一种系统和方法来视觉地表示和配置电子交易中使用的交易策略。 系统和方法可以用于视觉地表示与图形用户界面相关的交易策略的可接受的价格范围。 价格的可接受范围可能由交易者输入，以限制一个或多个订单从一个价格移动到另一个价格。 价格的可接受范围可以使用视觉指示器显示在图形用户界面上。 使用视觉指标，价格的可接受范围也可以由交易者根据交易者的偏好进行配置和修改。 本文描述了其它特征和优点。

公开(公告)号：US08799144B2

公开(公告)日：2014-08-05

申请号：US13854685

申请日：2013-04-01

Applicant: Trading Technologies International, Inc.

Inventor： Fred Monroe ,  Michael J. Burns ,  Scott F. Singer

IPC: G06Q40/00

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

Abstract: Market depth information pertaining to the hedging side is utilized to intelligently break a non-hedging order into multiple orders, such that the orders rest at cascading price levels. This way, the trader can benefit from sweeps in the book and still properly account for the market depth on the hedging side. Further, there is a greater probability of receiving “partials” on the spread order. In addition, hedge orders may be sent at multiple price levels, or sent to the market in pieces over time. By applying a more intelligent process to hedge orders (as opposed to “fire and forget”) an alternative beyond limit orders that can be legged or market orders is provided.

Abstract translation: 利用与对冲方有关的市场深度信息来智能地将非对冲订单分解成多个订单，使得订单以级联价格水平搁置。 这样，交易者可以从书中的扫描中受益，仍然适当地考虑对冲市场的深度。 此外，在扩展订单上接收“部分”的可能性更大。 此外，套期订单可能会以多个价格水平发送，或随时间发送到市场。 通过应用更聪明的过程来对冲订单（而不是“火灾和忘记”），超出限制订单的替代方案，可以提供有限的订单或市场订单。

公开(公告)号：US20140172673A1

公开(公告)日：2014-06-19

申请号：US14132936

申请日：2013-12-18

Applicant: Trading Technologies International, Inc.

Inventor： Michael J. Burns ,  Fred Monroe

IPC: G06Q40/04

CPC classification number: G06Q40/04 ,  G06Q20/382 ,  G06Q40/00 ,  G06Q40/025

Abstract: A trading system is described herein for hosting a collection of one or more electronic exchanges. The collection of electronic exchanges may be made up of separately designated exchanges under one or more authorizing and regulating bodies. The trading system receives from traders bids to purchase and offers to sell a tradeable object listed at one of the electronic exchanges. Then, the trading system directs the bids and offers to the appropriate exchange where the bids and offers may be automatically matched in the corresponding market. The trading system may also be used to take actions in one or more markets that are internal and external to the trading system on behalf of a trader using preprogrammed trading instructions.

Abstract translation: 本文描述了一种交易系统，用于托管一个或多个电子交易所的集合。 电子交易所的收集可以由一个或多个授权和管理机构的单独指定的交易所组成。 交易系统从交易商处收到投标以购买和出售在其中一个电子交易所上市的可交易对象。 然后，交易系统将出价和报价指引到适当的交易所，投标和报价可能会在相应的市场自动匹配。 交易系统也可以用代表一个交易者在交易系统的内部和外部的一个或多个市场上采取行动，使用预先编程的交易指令。

公开(公告)号：US08639612B2

公开(公告)日：2014-01-28

申请号：US13799106

申请日：2013-03-13

Applicant: Trading Technologies International, Inc.

Inventor： Michael J. Burns ,  Fred Monroe

IPC: G06Q40/00

CPC classification number: G06Q40/04 ,  G06Q20/382 ,  G06Q40/00 ,  G06Q40/025

Abstract: A trading system is described herein for hosting a collection of one or more electronic exchanges. The collection of electronic exchanges may be made up of separately designated exchanges under one or more authorizing and regulating bodies. The trading system receives from traders bids to purchase and offers to sell a tradeable object listed at one of the electronic exchanges. Then, the trading system directs the bids and offers to the appropriate exchange where the bids and offers may be automatically matched in the corresponding market. The trading system may also be used to take actions in one or more markets that are internal and external to the trading system on behalf of a trader using preprogrammed trading instructions.

Abstract translation: 本文描述了一种交易系统，用于托管一个或多个电子交易所的集合。 电子交易所的收集可以由一个或多个授权和管理机构的单独指定的交易所组成。 交易系统从交易商处收到投标以购买和出售在其中一个电子交易所上市的可交易对象。 然后，交易系统将出价和报价指引到适当的交易所，投标和报价可能会在相应的市场自动匹配。 交易系统也可以用代表一个交易者在交易系统的内部和外部的一个或多个市场上采取行动，使用预先编程的交易指令。

公开(公告)号：US20130346276A1

公开(公告)日：2013-12-26

申请号：US13974064

申请日：2013-08-23

Applicant: Trading Technologies International, Inc.

Inventor： Scott F. Singer ,  Steven J. Carroll ,  Michael J. Burns

IPC: G06Q40/04

CPC classification number: G06Q40/04 ,  G06Q20/10 ,  G06Q20/102 ,  G06Q40/00 ,  G06Q40/06

Abstract: A system and method are provided to intelligently limit the frequency at which automated or semi-automated trading tools move or re-price orders in an exchange order book. A tolerance may be input that limits when one or more orders in the exchange order book are moved from one price to another. The system and method assist in reducing the number of orders that are entered into the system which can lead to reduced exchange transaction fees, lost queue position, and reduce network bandwidth consumption.

公开(公告)号：US20130317973A1

公开(公告)日：2013-11-28

申请号：US13956530

申请日：2013-08-01

Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.

Inventor： Robert A. West ,  Michael J. Burns

IPC: G06Q40/04

CPC classification number: G06Q40/04 ,  G06F19/00 ,  G06Q40/00 ,  G06Q40/06 ,  G06Q50/24 ,  G06T11/206

Abstract: A system and method are provided for displaying a trading screen and placing an order in an electronic trading environment. The system and method may be used to assist a trader in selecting an item of interest, such as the inside market (best bid and best ask) to be displayed relative to a user configured location on the trading screen, such as the center of the trading screen. In a preferred embodiment, the inside market will stay located relative to center of the trading screen and the price levels associated to the inside market will move as the market conditions fluctuate. Other features and advantages are described herein.

公开(公告)号：US08560433B2

公开(公告)日：2013-10-15

申请号：US13849533

申请日：2013-03-24

Applicant: Trading Technologies International, Inc.

Inventor： Robert J. Kline ,  Michael J. Burns ,  Robert A. West

IPC: G06Q40/00

CPC classification number: G06Q40/04 ,  G06Q40/00

Abstract: A market map interface displays market information and trader-related information associated with at least two tradable objects. In one embodiment, the at least two graphical interfaces may be linked, and a user may define one or more adjustment parameters to be used to adjust the view of information being displayed via the linked graphical interfaces. For instance, a user may initiate repositioning of one of the linked graphical interfaces, thus, effectively, causing other linked graphical interfaces to be repositioned according to the defined adjustment parameters.

公开(公告)号：US20130198055A1

公开(公告)日：2013-08-01

申请号：US13799106

申请日：2013-03-13

Applicant: Trading Technologies International, Inc.

Inventor： Michael J. Burns ,  Fred Monroe

IPC: G06Q40/04

CPC classification number: G06Q40/04 ,  G06Q20/382 ,  G06Q40/00 ,  G06Q40/025

Abstract: A trading system is described herein for hosting a collection of one or more electronic exchanges. The collection of electronic exchanges may be made up of separately designated exchanges under one or more authorizing and regulating bodies. The trading system receives from traders bids to purchase and offers to sell a tradeable object listed at one of the electronic exchanges. Then, the trading system directs the bids and offers to the appropriate exchange where the bids and offers may be automatically matched in the corresponding market. The trading system may also be used to take actions in one or more markets that are internal and external to the trading system on behalf of a trader using preprogrammed trading instructions.

Abstract translation: 本文描述了一种交易系统，用于托管一个或多个电子交易所的集合。 电子交易所的收集可以由一个或多个授权和管理机构的单独指定的交易所组成。 交易系统从交易商处收到投标以购买和出售在其中一个电子交易所上市的可交易对象。 然后，交易系统将出价和报价指引到适当的交易所，投标和报价可能会在相应的市场自动匹配。 交易系统也可以用代表一个交易者在交易系统的内部和外部的一个或多个市场上采取行动，使用预先编程的交易指令。

公开(公告)号：US08484114B2

公开(公告)日：2013-07-09

申请号：US13626887

申请日：2012-09-26

Applicant: Trading Technologies International, Inc.

Inventor： Robert A. West ,  Michael J. Burns

IPC: G06Q40/00

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

Abstract: An example graphical interface and method for displaying risk related data are described. One example graphical interface includes a data structure comprising a plurality of data nodes and at least one risk data point associated with each node, and further comprises a display grid. The display grid includes one or more cells that are used for displaying selected data nodes and risk data points. Each cell may be associated with a single data node, and may include one or more identifiers corresponding to risk data points of the data node. In one example embodiment, the identifiers are aligned along a single axis, and risk related data corresponding to each identifier is aligned with respect to each corresponding identifier.

Abstract translation: 描述用于显示风险相关数据的示例图形界面和方法。 一个示例图形界面包括包括多个数据节点和与每个节点相关联的至少一个风险数据点的数据结构，并且还包括显示网格。 显示网格包括用于显示所选数据节点和风险数据点的一个或多个单元。 每个单元可以与单个数据节点相关联，并且可以包括与数据节点的风险数据点对应的一个或多个标识符。 在一个示例性实施例中，标识符沿着单个轴对齐，并且与每个标识符对应的风险相关数据相对于每个对应的标识符进行对齐。