Systems and methods for providing volume-weighted average price auction trading
    2.
    发明授权
    Systems and methods for providing volume-weighted average price auction trading 有权
    提供体积加权平均价格拍卖交易的系统和方法

    公开(公告)号:US07548876B2

    公开(公告)日:2009-06-16

    申请号:US10678582

    申请日:2003-10-02

    发明人: Glenn D. Kirwin

    IPC分类号: G06Q30/00

    摘要: Systems and methods for providing traders with an opportunity to trade on the VWAP price are provided. After a trader enters a VWAP auction session, the trader has a predetermined about of time (i.e., the length of the VWAP auction period) to place bids and/or offers on an item. When the VWAP auction period ends, the electronic trading application matches the VWAP orders. The VWAP orders that are not matched are cancelled. The electronic trading application collects trading information (e.g., price, size, etc.) corresponding to the received orders. The collected information is processed to determine the VWAP price. The VWAP price is presented to the trader and the matched VWAP orders are filled based on the determined VWAP price.

    摘要翻译: 提供了为交易者提供VWAP价格交易机会的系统和方法。 在交易者进入VWAP拍卖会之后,交易者具有预定的时间(即,VWAP拍卖期间的长度)以对物品进行出价和/或报价。 当VWAP拍卖期结束时,电子交易应用程序与VWAP订单相匹配。 未匹配的VWAP订单被取消。 电子交易应用程序收集对应于接收到的订单的交易信息(例如,价格,尺寸等)。 处理收集的信息以确定VWAP价格。 将VWAP价格提交给交易者,并根据确定的VWAP价格填写匹配的VWAP订单。

    Systems and methods for providing a trading interface with advanced features
    3.
    发明授权
    Systems and methods for providing a trading interface with advanced features 有权
    提供高级功能的交易界面的系统和方法

    公开(公告)号:US07865422B2

    公开(公告)日:2011-01-04

    申请号:US11229107

    申请日:2005-09-16

    IPC分类号: G06Q40/00

    摘要: Systems and methods for a trading interface with advanced features are provided. Using these systems and methods, a user may create orders, manipulate orders, cancel orders, configure alternative keyboard settings, and/or obtain additional information on transactions. When a user clicks on a bid and/or offer, a dialog box may pop-up, thereby providing the user with multiple options. To enable customization of the keyboard settings to a user's preference, a keyboard settings feature is provided. Users may also be provided with additional information relating to the user's wish to transact.

    摘要翻译: 提供了具有高级功能的交易界面的系统和方法。 使用这些系统和方法,用户可以创建订单,操纵订单,取消订单,配置替代键盘设置和/或获取有关交易的附加信息。 当用户点击出价和/或报价时,弹出一个对话框,从而为用户提供多种选择。 要按照用户的喜好启用自定义键盘设置,提供了一个键盘设置功能。 还可以向用户提供与用户希望交易相关的附加信息。

    Systems and methods for providing volume-weighted average price auction trading
    5.
    发明授权
    Systems and methods for providing volume-weighted average price auction trading 有权
    提供体积加权平均价格拍卖交易的系统和方法

    公开(公告)号:US07991647B2

    公开(公告)日:2011-08-02

    申请号:US12436940

    申请日:2009-05-07

    IPC分类号: G06Q30/00

    摘要: Systems and methods for providing traders with an opportunity to trade on the VWAP price are provided. After a trader enters a VWAP auction session, the trader has a predetermined about of time (i.e., the length of the VWAP auction period) to place bids and/or offers on an item. When the VWAP auction period ends, the electronic trading application matches the VWAP orders. The VWAP orders that are not matched are cancelled. The electronic trading application collects trading information (e.g., price, size, etc.) corresponding to the received orders. The collected information is processed to determine the VWAP price. The VWAP price is presented to the trader and the matched VWAP orders are filled based on the determined VWAP price.

    摘要翻译: 提供了为交易者提供VWAP价格交易机会的系统和方法。 在交易者进入VWAP拍卖会之后,交易者具有预定的时间(即,VWAP拍卖期间的长度)以对物品进行出价和/或报价。 当VWAP拍卖期结束时,电子交易应用程序与VWAP订单相匹配。 未匹配的VWAP订单被取消。 电子交易应用程序收集对应于接收到的订单的交易信息(例如,价格,尺寸等)。 处理收集的信息以确定VWAP价格。 将VWAP价格提交给交易者,并根据确定的VWAP价格填写匹配的VWAP订单。