公开(公告)号：US20110276457A1

公开(公告)日：2011-11-10

申请号：US13109211

申请日：2011-05-17

申请人： Vladimir Neyman ,  Steven Iaccheo ,  Neena Jain ,  James Shu ,  Edward R. Howorka ,  Andrew P. Foray ,  Michael S. Merold

发明人： Vladimir Neyman ,  Steven Iaccheo ,  Neena Jain ,  James Shu ,  Edward R. Howorka ,  Andrew P. Foray ,  Michael S. Merold

IPC分类号： G06Q40/00

CPC分类号： G06Q40/04 ,  G06Q30/0615 ,  G06Q40/06

摘要： Joint execution type compound orders can be processed in an anonymous trading system comprising a plurality of broker nodes each of which includes an order matching functionality and a market distribution functionality. Trader agent nodes are connected to a number of dealer terminals grouped in trading floors and also to a broker node. Joint execution orders are entered as hit orders and are all matched by the broker during the hit or the order is cancelled. If matches are made the taker's trading agent does not complete any of the deals marking up the order until it knows that all the deals are executable. The system may be used to allow traders to hit bids and offers in currency pairs synthesised from other currency pairs. In this arrangement the dealer enters a simple order in the synthetic currency and the taker's trading agent converts it into a joint execution order.

摘要翻译： 联合执行类型复合订单可以在包括多个代理节点的匿名交易系统中处理，每个代理节点都包括订单匹配功能和市场分配功能。 交易代理节点连接到分组在交易层面上的多个经销商终端，并且还连接到代理节点。 联合执行订单作为订单输入，并且在打点期间由经纪人匹配，或者订单被取消。 如果进行了匹配，则在知道所有交易是可执行的情况下，收款人的交易代理商不会完成任何标记该交易的交易。 该系统可以用于允许交易者以其他货币对合成的货币对命中出价和报价。 在这种安排下，经销商以合成货币进行简单的订单，接受者的交易代理将其转换成联合执行令。

公开(公告)号：US07184982B1

公开(公告)日：2007-02-27

申请号：US09603523

申请日：2000-06-23

申请人： Edward R. Howorka ,  Andrew P. Foray

发明人： Edward R. Howorka ,  Andrew P. Foray

IPC分类号： G06Q40/00

CPC分类号： G06Q30/08 ,  G06Q40/025 ,  G06Q40/04 ,  G06Q40/06

摘要： An anonymous trading system suitable for trading foreign exchange or other fungible instruments comprises a network of broking nodes each of which have equal status and each of which perform the function of matching orders input into the systems, executing trades and distributing market views. Trading agent nodes are connected to some or all of the broking nodes and act as an interface between trader terminals or other order input devices through which orders are submitted to the system, and the broking nodes. Orders may be input into the system as visible quotes or invisible hits.

摘要翻译： 一种适用于交易外汇或其他可替代工具的匿名交易系统包括一个经纪人网络，每个网络具有相同的状态，每个网络执行匹配输入系统的订单，执行交易和分发市场视图的功能。 交易代理节点连接到部分或全部经纪节点，并作为交易者终端或其他订单输入设备之间的接口，通过该订单输入设备将订单提交给系统和经纪节点。 订单可能会以可见的引号或不可见的命中输入到系统中。

公开(公告)号：US07333952B1

公开(公告)日：2008-02-19

申请号：US09603389

申请日：2000-06-23

申请人： Vladimir Neyman ,  Steven Iaccheo ,  Neena Jain ,  James Shu ,  Edward R. Howorka ,  Andrew P. Foray ,  Michael S. Merold

发明人： Vladimir Neyman ,  Steven Iaccheo ,  Neena Jain ,  James Shu ,  Edward R. Howorka ,  Andrew P. Foray ,  Michael S. Merold

IPC分类号： G06Q40/00

CPC分类号： G06Q40/04 ,  G06Q30/0615 ,  G06Q40/06

摘要： Joint execution type compound orders can be processed in an anonymous trading system comprising a plurality of broker nodes each of which includes an order matching functionality and a market distribution functionality. Trader agent nodes are connected to a number of dealer terminals grouped in trading floors and also to a broker node. Joint execution orders are entered as hit orders and are all matched by the broker during the hit or the order is cancelled. If matches are made the taker's trading agent does not complete any of the deals marking up the order until it knows that all the deals are executable. The system may be used to allow traders to hit bids and offers in currency pairs synthesized from other currency pairs. In this arrangement the dealer enters a simple order in the synthetic currency and the taker's trading agent converts it into a joint execution order.

摘要翻译： 联合执行类型复合订单可以在包括多个代理节点的匿名交易系统中处理，每个代理节点都包括订单匹配功能和市场分配功能。 交易代理节点连接到分组在交易层面上的多个经销商终端，并且还连接到代理节点。 联合执行订单作为订单输入，并且在打点期间由经纪人匹配，或者订单被取消。 如果进行了匹配，则在知道所有交易是可执行的情况下，收款人的交易代理商不会完成任何标记该交易的交易。 该系统可以用于允许交易者以其他货币对合成的货币对命中出价和报价。 在这种安排下，经销商以合成货币进行简单的订单，接受者的交易代理将其转换成联合执行令。

公开(公告)号：US06983259B1

公开(公告)日：2006-01-03

申请号：US09603515

申请日：2000-06-23

申请人： Andrew P. Foray ,  Michael S. Merold

发明人： Andrew P. Foray ,  Michael S. Merold

IPC分类号： G06F17/60

CPC分类号： G06Q40/04 ,  G06Q20/10 ,  G06Q20/108 ,  G06Q20/40 ,  G06Q40/00

摘要： An anonymous trading system has a clique of arbitrators which match orders from trader terminals and execute deals. One or more branches is attached to each arbitrator connecting trader terminals through a city node and one or more market distributors. At any one time only one arbitrator is active with the passive arbitrators active as market distributors. The active arbitrator is switched according to the geographical location of the greatest market activity.

摘要翻译： 一个匿名交易系统有一个仲裁员团队，与交易员终端的订单和执行交易相匹配。 每个仲裁员附有一个或多个分支机构，通过城市节点和一个或多个市场分销商连接交易者终端。 在任何一个时间，只有一名仲裁员是活跃的被动仲裁员作为市场分销商。 主动仲裁员根据最大市场活动的地理位置进行切换。