Controlling price cascade movements in an electronic trading system
    1.
    发明授权
    Controlling price cascade movements in an electronic trading system 有权
    控制电子交易系统中的价格级联运动

    公开(公告)号:US08417619B2

    公开(公告)日:2013-04-09

    申请号:US12611781

    申请日:2009-11-03

    IPC分类号: G06Q40/00

    CPC分类号: G06Q40/04 G06Q40/00

    摘要: A disclosed system, method and computer readable storage medium includes mechanism for controlling cascade price movements in an electronic trading system. Price limits control the prices at which traders can place orders. An upper price limit prevents traders from placing orders above the upper limit and a lower price limit prevents traders from placing orders below the lower limit. The gap between the upper limit and the indicative market price as well as the gap between lower limit and the indicative market price is controlled so as to cause a breaking effect on very rapidly changing market price.

    摘要翻译: 公开的系统,方法和计算机可读存储介质包括用于控制电子交易系统中的级联价格变动的机制。 价格限制控制交易者可以下订单的价格。 上限价格阻止交易者下单高于上限,而价格下限阻止交易者将订单低于下限。 上限与指示性市场价格之间的差距以及下限与指示性市场价格之间的差距受到控制,从而对迅速变化的市场价格产生突破性的影响。

    CONTROLLING PRICE CASCADE MOVEMENTS IN AN ELECTRONIC TRADING SYSTEM
    2.
    发明申请
    CONTROLLING PRICE CASCADE MOVEMENTS IN AN ELECTRONIC TRADING SYSTEM 有权
    控制电子交易系统中的价格变动

    公开(公告)号:US20110106684A1

    公开(公告)日:2011-05-05

    申请号:US12611781

    申请日:2009-11-03

    IPC分类号: G06Q40/00

    CPC分类号: G06Q40/04 G06Q40/00

    摘要: A disclosed system, method and computer readable storage medium includes mechanism for controlling cascade price movements in an electronic trading system. Price limits control the prices at which traders can place orders. An upper price limit prevents traders from placing orders above the upper limit and a lower price limit prevents traders from placing orders below the lower limit. The gap between the upper limit and the indicative market price as well as the gap between lower limit and the indicative market price is controlled so as to cause a breaking effect on very rapidly changing market price.

    摘要翻译: 公开的系统,方法和计算机可读存储介质包括用于控制电子交易系统中的级联价格变动的机制。 价格限制控制交易者可以下订单的价格。 上限价格阻止交易者下单高于上限,而价格下限阻止交易者将订单低于下限。 上限与指示性市场价格之间的差距以及下限与指示性市场价格之间的差距受到控制,从而对迅速变化的市场价格产生突破性的影响。