Vocalisation of trading data in trading systems
    1.
    发明授权
    Vocalisation of trading data in trading systems 有权
    交易系统中交易数据的声音

    公开(公告)号:US08255317B2

    公开(公告)日:2012-08-28

    申请号:US13209602

    申请日:2011-08-15

    IPC分类号: G06Q40/00

    CPC分类号: G06Q40/04

    摘要: A trading system such as an anonymous trading system for trading financial and other instruments can vocalize trading data to trader workstations as well as display it on a screen. Where a trader selects to receive vocal announcements, a trading floor identifier unique to his trading floor is also announced at random intervals.

    摘要翻译: 诸如用于交易金融和其他工具的匿名交易系统的交易系统可以向交易者工作站发出交易数据,并将其显示在屏幕上。 交易者选择接收声音通知的情况下,也会以随机的间隔公布其交易大厅特有的交易大厅标识符。

    Conversational dealing in an anonymous trading system
    3.
    发明授权
    Conversational dealing in an anonymous trading system 有权
    匿名交易系统中的对话交易

    公开(公告)号:US07827085B1

    公开(公告)日:2010-11-02

    申请号:US09603390

    申请日:2000-06-23

    IPC分类号: G06Q40/00

    CPC分类号: G06Q40/04 G06Q40/025

    摘要: An anonymous trading system for financial instruments comprises a network of broking nodes each performing a bid and offer matching function and a market view distribution function. Trader terminals are connected to the network via trading agent nodes. During deal execution a credit check is performed and once the deal is complete the identity of the counterparty becomes known to the other counterparty to the deal. The originating counterparty may send a More quantity message to the other party proposing a further deal at the same price. The other party may decline, partially accept, accept or accept and propose a still further amount. Credit for the further deal is drawn from an external source and the internal credit limits are temporarily increased or disabled to prevent the deal from being rejected.

    摘要翻译: 金融工具的匿名交易系统包括每个执行出价和提供匹配功能的经纪节点网络和市场视图分发功能。 交易终端通过交易代理节点连接到网络。 在交易执行期间,执行信用检查,一旦交易完成,交易对手的身份将被交易的另一对手方知道。 原始交易对手可以向另一方发送更多数量的消息,以相同的价格提出进一步交易。 另一方可能会拒绝,部分接受,接受或接受并提出更多的数额。 进一步交易的信用来自外部来源,内部信用额度暂时增加或停用,以防止交易被拒绝。

    PRICE IMPROVEMENT IN ELECTRONIC TRADING SYSTEM
    4.
    发明申请
    PRICE IMPROVEMENT IN ELECTRONIC TRADING SYSTEM 有权
    电子交易系统中的价格改进

    公开(公告)号:US20100241555A1

    公开(公告)日:2010-09-23

    申请号:US12774878

    申请日:2010-05-06

    申请人: Edward R. Howorka

    发明人: Edward R. Howorka

    IPC分类号: G06Q40/00

    CPC分类号: G06Q40/04 G06Q20/102

    摘要: Price improvement in credit screened trading systems is achieved by entering a maximum price improvement (MPI) amount with a maker quote. The system prepares separate quote queues for each trading floor including only quotes where bilateral credit exists. Quotes are arranged using Price, MPI, time priority. When a quote is dealt, a dealable price improvement is calculated as the amount of the MPI required to improve the dealt quote's position in the queue.

    摘要翻译: 信用筛选交易系统的价格改善是通过用制造商报价进入最大价格提高(MPI)金额来实现的。 该系统为每个交易平台准备单独的报价队列,包括仅存在双边信贷的报价。 报价使用价格,MPI,时间优先级排列。 当报价发生时,可以将交易价格的改善计算为提高处理报价在排队中的位置所需的MPI数量。

    AUTOMATED TRADING SYSTEMS
    5.
    发明申请
    AUTOMATED TRADING SYSTEMS 有权
    自动交易系统

    公开(公告)号:US20100114755A1

    公开(公告)日:2010-05-06

    申请号:US12685060

    申请日:2010-01-11

    申请人: Edward R. Howorka

    发明人: Edward R. 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。

    Anonymous trading system with improved quote input capabilities
    6.
    发明授权
    Anonymous trading system with improved quote input capabilities 有权
    匿名交易系统,具有改进的报价输入功能

    公开(公告)号:US07363268B1

    公开(公告)日:2008-04-22

    申请号:US09707824

    申请日:2000-11-07

    申请人: Edward R. Howorka

    发明人: Edward R. Howorka

    IPC分类号: G06F17/00

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

    摘要: A process for displaying quotes on a trader's screen used in an automatic trading system of the type which includes a plurality of traders. Some, but not all, of the traders have bilateral credit with one another, those traders having bilateral credit with one another being traded in counterparties. A quote made by the a first trader is displayed in the first trader's trading screen and when his quote can be accepted by more than one, but less than all trading counterparties, an indication of that fact is provided to him. In one embodiment, an indication is provided to the first trader of the percentage of trading counterparties that can accept his quote.

    摘要翻译: 一种用于在包括多个交易者的自动交易系统中使用的交易者屏幕上显示报价的过程。 一些但并非全部交易商都有双边信贷,相互交易双边信贷的交易者在交易对手中交易。 第一交易者的报价显示在第一交易者的交易屏幕中,当他的报价可以接受多于一个但低于所有交易对手时,向他提供该事实的指示。 在一个实施例中,向第一交易者提供可接受其报价的交易对手方百分比的指示。

    Automated trading system
    7.
    发明授权
    Automated trading system 有权
    自动交易系统

    公开(公告)号:US08775297B2

    公开(公告)日:2014-07-08

    申请号:US13487321

    申请日:2012-06-04

    IPC分类号: G06Q40/00 G06Q30/08

    摘要: A computer trading system includes a quote screening function configured to accept quotes specifying a quote amount in a price where the quote amount is greater than a minimum quote amount to produce screen quote messages and to reject quotes specifying a quote amount less than the minimum quote amount. A market view generator generates market views from those quotes which specify an amount greater than or equal to the minimum quote amount. An order screening function only-accepts orders specifying an amount less than a maximum transaction amount submitted in response to the market views to produce screened order messages. A transaction processor receives screened quote messages and screened order messages and matches appropriate messages with each other. The minimum quote amount is substantially equal to or greater than the maximum transaction amount whereby a screened order message can be matched entirely with one screened quote message.

    摘要翻译: 计算机交易系统包括报价筛选功能,其配置为接受报价指定报价金额的报价,报价金额大于最低报价金额以生成屏幕报价信息,并拒绝报价指定小于最低报价金额的报价 。 市场视图生成器根据这些报价产生市场观点,指定金额大于或等于最低报价金额。 订单筛选功能只能接受指定小于响应市场视图提交的最大交易金额的订单以生成筛选订单消息的订单。 交易处理器接收筛选的报价消息和筛选的订单消息并将适当的消息彼此匹配。 最小报价金额基本上等于或大于最大交易金额,从而筛选的订单消息可以完全与一个已筛选的报价消息相匹配。

    Conversational dealing in an anonymous trading system
    8.
    发明授权
    Conversational dealing in an anonymous trading system 有权
    匿名交易系统中的对话交易

    公开(公告)号:US08639607B2

    公开(公告)日:2014-01-28

    申请号:US12891246

    申请日:2010-09-27

    IPC分类号: G06Q40/00

    CPC分类号: G06Q40/04 G06Q40/025

    摘要: An anonymous trading system for financial instruments comprises a network of broking nodes each performing a bid and offer matching function and a market view distribution function. Trader terminals are connected to the network via trading agent nodes. During deal execution a credit check is performed and once the deal is complete the identity of the counterparty becomes known to the other counterparty to the deal. The originating counterparty may send a More quantity message to the other party proposing a further deal at the same price. The other party may decline, partially accept, accept or accept and propose a still further amount. Credit for the further deal is drawn from an external source and the internal credit limits are temporarily increased or disabled to prevent the deal from being rejected.

    摘要翻译: 金融工具的匿名交易系统包括每个执行出价和提供匹配功能的经纪节点网络和市场视图分发功能。 交易终端通过交易代理节点连接到网络。 在交易执行期间,执行信用检查,一旦交易完成,交易对手的身份将被交易的另一对手方知道。 原始交易对手可以向另一方发送更多数量的消息,以相同的价格提出进一步交易。 另一方可能会拒绝,部分接受,接受或接受并提出更多的数额。 进一步交易的信用来自外部来源,内部信用额度暂时增加或停用,以防止交易被拒绝。

    Automated Trading System
    9.
    发明申请
    Automated Trading System 审中-公开
    自动交易系统

    公开(公告)号:US20120239549A1

    公开(公告)日:2012-09-20

    申请号:US13487306

    申请日:2012-06-04

    IPC分类号: G06Q40/04

    摘要: A computer trading system includes a quote screening function configured to accept quotes specifying a quote amount in a price where the quote amount is greater than a minimum quote amount to produce screen quote messages and to reject quotes specifying a quote amount less than the minimum quote amount. A market view generator generates market views from those quotes which specify an amount greater than or equal to the minimum quote amount. An order screening function only accepts orders specifying an amount less than a maximum transaction amount submitted in response to the market views to produce screened order messages. A transaction processor receives screened quote messages and screened order messages and matches appropriate messages with each other. The minimum quote amount is substantially equal to or greater than the maximum transaction amount whereby a screened order message can be matched entirely with one screened quote message.

    摘要翻译: 计算机交易系统包括报价筛选功能,其配置为接受报价指定报价金额的报价,报价金额大于最低报价金额以生成屏幕报价信息,并拒绝报价指定小于最低报价金额的报价 。 市场视图生成器根据这些报价产生市场观点,指定金额大于或等于最低报价金额。 订单筛选功能仅接受指定小于响应市场视图而提交的最大交易金额的订单以生成筛选订单消息的订单。 交易处理器接收筛选的报价消息和筛选的订单消息并将适当的消息彼此匹配。 最小报价金额基本上等于或大于最大交易金额,从而筛选的订单消息可以完全与一个已筛选的报价消息相匹配。

    VOCALISATION OF TRADING DATA IN TRADING SYSTEMS
    10.
    发明申请
    VOCALISATION OF TRADING DATA IN TRADING SYSTEMS 有权
    交易系统中交易数据的交易

    公开(公告)号:US20120041864A1

    公开(公告)日:2012-02-16

    申请号:US13209602

    申请日:2011-08-15

    IPC分类号: G06Q40/04

    CPC分类号: G06Q40/04

    摘要: A trading system such as an anonymous trading system for trading financial and other instruments can vocalise trading data to trader workstations as well as display it on a screen. Where a trader selects to receive vocal announcements, a trading floor identifier unique to his trading floor is also announced at random intervals.

    摘要翻译: 诸如交易金融和其他工具的匿名交易系统的交易系统可以向交易者工作站发出交易数据,并将其显示在屏幕上。 交易者选择接收声音通知的情况下,也会以随机的间隔公布其交易大厅特有的交易大厅标识符。