Systems and methods for maintaining the viability of a market order type in fluctuating markets
    1.
    发明申请
    Systems and methods for maintaining the viability of a market order type in fluctuating markets 审中-公开
    在波动的市场中维持市场秩序类型的可行性的系统和方法

    公开(公告)号:US20070027793A1

    公开(公告)日:2007-02-01

    申请号:US11195155

    申请日:2005-08-01

    IPC分类号: G06Q40/00

    CPC分类号: G06Q40/04

    摘要: Systems and methods for maintaining the viability of a market order type in fluctuating markets are provided. These systems and methods preferably provide the user with the ability to enter an order as a “conditional” market order. Such an order will preferably only be implemented as a market order under certain specific circumstances—e.g., the market has met a predetermined stability threshold for a preferably predetermined amount of time.

    摘要翻译: 提供了在波动市场中维持市场秩序类型的可行性的系统和方法。 这些系统和方法优选地向用户提供输入订单作为“有条件”市场订单的能力。 这样的订单优选地仅在某些特定情况下被实现为市场订单,例如市场已经达到预定的稳定性阈值,优选地预定的时间量。

    Systems and methods for maintaining the viability of a good-until-bettered order type in electronic trading systems
    2.
    发明申请
    Systems and methods for maintaining the viability of a good-until-bettered order type in electronic trading systems 有权
    在电子交易系统中保持良好的订单类型的可行性的系统和方法

    公开(公告)号:US20060282366A1

    公开(公告)日:2006-12-14

    申请号:US11407509

    申请日:2006-04-20

    IPC分类号: G06Q40/00

    CPC分类号: G06Q40/04

    摘要: Systems and methods of trading items on an electronic trading system according to the invention are provided. The embodiments of the invention are based at least in part on a new order type. The new order type is a modification of a conventional good-until bettered order type. A good-until-bettered bid/offer is received along with instructions that specify a good-until-bettered increment value and/or duration. The good-until-bettered order is maintained in the electronic trading system until a bid/offer that is better by the specified plurality of standard trading increments is received by the electronic trading system and/or remains in the system for the good-until-bettered duration.

    摘要翻译: 提供了根据本发明的电子交易系统上的交易项目的系统和方法。 本发明的实施例至少部分地基于新的订单类型。 新的订单类型是传统的直到更好的订单类型的修改。 收到一个很好的出价/报价,以及指定一个良好的增值值和/或持续时间的说明。 在电子交易系统中维持良好的订单,直到电子交易系统接收到指定的多个标准交易增量更好的出价/报价和/或保留在系统中, 更好的持续时间。

    System and method for managing trading using alert messages for outlying trading orders

    公开(公告)号:US20060031154A1

    公开(公告)日:2006-02-09

    申请号:US10911879

    申请日:2004-08-04

    IPC分类号: G06Q40/00

    摘要: According to one embodiment, a method of managing trading is provided. In a market for a particular type of instrument, buy orders and sell orders are received from a plurality of traders. Each buy order has an associated bid price and each sell order has an associated offer price. A determination is made of whether the particular trading order is an outlying trading order by determining whether the particular trading order differs from at least one comparison price by more than a threshold value. If it is determined that the particular trading is an outlying trading order, a restrictive action is taken regarding the outlying trading order. For example, if a trader subsequently submits another trading order that would trade with the outlying trading order, an alert message may be sent to the trader and the subsequent trading order may be prevented from trading with the outlying trading order at least temporarily.

    Managing outlying trading orders
    4.
    发明授权
    Managing outlying trading orders 有权
    管理外围交易订单

    公开(公告)号:US08321324B2

    公开(公告)日:2012-11-27

    申请号:US12552409

    申请日:2009-09-02

    IPC分类号: G06Q40/00

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

    摘要: A determination is made as to whether a trading order that has been placed on a trading exchange is an outlying trading order. If it is determined that the trading order is an outlying trading order, a restrictive action is taken regarding the outlying trading order, and/or a restrictive action is taken regarding a subsequent trading order that may trade with the outlying trading order.

    摘要翻译: 决定是否将交易交易所的交易订单作为离岸交易订单。 如果确定交易订单是离岸交易订单,则对离岸交易订单采取限制性行动,和/或对可能与离岸交易订单交易的后续交易订单采取限制性行动。

    SYSTEMS AND METHODS FOR ESTABLISHING FIRST ON THE FOLLOW TRADING PRIORITY IN ELECTRONIC TRADING SYSTEMS
    5.
    发明申请
    SYSTEMS AND METHODS FOR ESTABLISHING FIRST ON THE FOLLOW TRADING PRIORITY IN ELECTRONIC TRADING SYSTEMS 有权
    在电子交易系统中首先建立贸易优先的制度和方法

    公开(公告)号:US20070244795A1

    公开(公告)日:2007-10-18

    申请号:US11621546

    申请日:2007-01-09

    IPC分类号: G06Q40/00

    CPC分类号: G06Q40/04 G06Q40/00

    摘要: A trading system transitions from a first state to a second state and may award a participant, when one or more criteria and/or a status of trading rights are met, with trading priority in the second state to trade on an incoming contra order. The participant may also have an associated order modified as a result of an incoming contra order and/or be caused to automatically trade on an incoming contra order.

    摘要翻译: 交易系统从第一状态转变到第二状态,并且当符合交易权的一个或多个标准和/或状态时,可以授予参与者在第二状态下的交易优先级以进入的反向订单进行交易。 参与者还可以具有由于进入的反向命令而修改的关联订单和/或被引导以自动交易进入的反向命令。

    SYSTEMS AND METHODS FOR PROVIDING DYNAMIC PRICE AXES
    6.
    发明申请
    SYSTEMS AND METHODS FOR PROVIDING DYNAMIC PRICE AXES 有权
    提供动态价格轴的系统和方法

    公开(公告)号:US20070240053A1

    公开(公告)日:2007-10-11

    申请号:US11608303

    申请日:2006-12-08

    IPC分类号: G06F3/00

    CPC分类号: G06Q40/04

    摘要: The invention relates to systems and methods that provide a user interface for use with an electronic trading system. The interface displays a bid price axis and an ask price axis, as well as corresponding sizes, and an indication of the inside market. When the inside market changes in response to changing market conditions, the indication of the inside market changes locations before being restored to its original location by shifting the bid and ask prices in a direction parallel to the bid or ask price axis. The user may enter trade commands at different price levels using an input device. In order to help prevent such trade commands from being entered at erroneous price levels, the system locks a pointer associated with the input device to a price the user points to during the shifting process, unless the pointer is moved away from that price.

    摘要翻译: 本发明涉及提供用于电子交易系统的用户界面的系统和方法。 该界面显示出价价格轴和询价价格轴,以及相应的尺寸,以及内部市场的指示。 当内部市场随市场变化而变化时,内部市场的变化指示在恢复到原始位置之前,通过以与出价或询问价格轴平行的方向转移出价和要价来改变位置。 用户可以使用输入设备以不同的价格水平输入交易命令。 为了帮助防止这种交易命令以错误的价格水平进入,系统将与输入设备相关联的指针锁定到用户在换档过程期间指向的价格,除非指针被移开远离该价格。

    Systems and methods for commission allocation
    7.
    发明申请
    Systems and methods for commission allocation 审中-公开
    佣金分配的制度和方法

    公开(公告)号:US20060080222A1

    公开(公告)日:2006-04-13

    申请号:US11213601

    申请日:2005-08-26

    IPC分类号: G06Q40/00

    摘要: The invention relates to systems and methods that allocate different types of commissions to participants based on at least one factor contributing to the liquidity to the market in which an item trades. The commission may accordingly depend on the order in which trading commands are received from different participants and/or the sides the participants are on. The systems and methods receive trade commands from different participants on the item, match these trade commands, determine a commission or reward based on the added liquidity and allocate the commission or reward to certain participants.

    摘要翻译: 本发明涉及一种系统和方法,该系统和方法基于至少一个因素导致项目流向市场流动的因素,向参与者分配不同类型的佣金。 因此,佣金可能取决于从不同参与者和/或参与者所在的方面接收交易命令的顺序。 系统和方法从该项目的不同参与者接收交易指令,与这些交易指令相匹配,根据增加的流动性确定佣金或报酬,并向特定参与者分配佣金或报酬。

    Systems and methods for protecting against erroneous price entries in the electronic trading of financial and other instruments
    9.
    发明申请
    Systems and methods for protecting against erroneous price entries in the electronic trading of financial and other instruments 有权
    在金融和其他工具的电子交易中防止错误价格进入的系统和方法

    公开(公告)号:US20060218072A1

    公开(公告)日:2006-09-28

    申请号:US11215236

    申请日:2005-08-30

    IPC分类号: G06Q40/00

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

    摘要: The invention relates to systems and methods that provide a user interface for use with an electronic trading system. The interface notifies the user that the price at which he or she may have attempted to trade has changed and presents the user with the opportunity to submit, modify or cancel the trade command. The user may configure the trading system to enable such a notification based on the time span for the price change, the number of increments of the price change, a combination thereof or any other appropriate consideration for protecting against the occurrence of erroneous price entries. Subsequent trade commands, such as those entered by third parties, may be used to validate prices and execute trades at these prices.

    摘要翻译: 本发明涉及提供用于电子交易系统的用户界面的系统和方法。 该界面通知用户他或她可能尝试交易的价格已经改变,并向用户提供提交,修改或取消交易指令的机会。 用户可以将交易系统配置为基于价格变化的时间跨度,价格变动的增量数量,其组合或用于防止错误价格进入的发生的任何其他适当考虑来启用这样的通知。 随后的交易指令(如第三方输入的交易指令)可用于验证价格并以这些价格执行交易。

    Systems and Methods for Providing Dynamic Price Axes
    10.
    发明申请
    Systems and Methods for Providing Dynamic Price Axes 审中-公开
    提供动态价格轴的系统和方法

    公开(公告)号:US20070271171A1

    公开(公告)日:2007-11-22

    申请号:US11570069

    申请日:2005-07-29

    IPC分类号: G06Q30/00

    CPC分类号: G06Q40/04

    摘要: The invention relates to systems and methods that provide a user interface for use with an electronic trading system. The interface displays a bid price axis and an ask price axis, as well as corresponding sizes, and an indication of the inside market. When the inside market changes in response to changing market conditions, the indication of the inside market changes locations before being restored to its original location by shifting the bid and ask prices in a direction parallel to the bid or ask price axis. The user may enter trade commands at different price levels using an input device. In order to help prevent such trade commands from being entered at erroneous price levels, the system locks a pointer associated with the input device to a price the user points to during the shifting process, unless the pointer is moved away from that price.

    摘要翻译: 本发明涉及提供用于电子交易系统的用户界面的系统和方法。 该界面显示出价价格轴和询价价格轴,以及相应的尺寸,以及内部市场的指示。 当内部市场随市场变化而变化时,内部市场的变化指示在恢复到原始位置之前,通过以与出价或询问价格轴平行的方向转移出价和要价来改变位置。 用户可以使用输入设备以不同的价格水平输入交易命令。 为了帮助防止这种交易命令以错误的价格水平进入,系统将与输入设备相关联的指针锁定到用户在换档过程期间指向的价格,除非指针被移开远离该价格。