Electronic trading system restricting trading orders
    1.
    发明授权
    Electronic trading system restricting trading orders 有权
    电子交易系统限制交易订单

    公开(公告)号:US08756137B2

    公开(公告)日:2014-06-17

    申请号:US12946277

    申请日:2010-11-15

    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.

    摘要翻译: 根据一个实施例,提供了管理交易的方法。 在特定类型的仪器的市场中,从多个交易者收到买单和卖出订单。 每个买单都有相关联的出价,每个卖单都有相关的报价。 通过确定特定交易订单是否与至少一个比较价格不同超过阈值来确定特定交易订单是否是离岸交易订单。 如果确定特定交易是离岸交易订单,则对离岸交易订单采取限制性行动。 例如,如果交易者随后提交另一个与离岸交易订单交易的交易订单,则可能会向交易者发送一个提醒信息,并且可以阻止随后的交易订单至少暂时与远期交易订单进行交易。

    Systems and methods for establishing first on the follow trading priority in electronic trading systems
    3.
    发明授权
    Systems and methods for establishing first on the follow trading priority in electronic trading systems 有权
    首先在电子交易系统中遵循交易优先权的制度和方法

    公开(公告)号:US08117109B2

    公开(公告)日:2012-02-14

    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 ESTABLISHING FIRST ON THE FOLLOW TRADING PRIORITY IN ELECTRONIC TRADING SYSTEMS
    9.
    发明申请
    SYSTEMS AND METHODS FOR ESTABLISHING FIRST ON THE FOLLOW TRADING PRIORITY IN ELECTRONIC TRADING SYSTEMS 审中-公开
    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:US20130018772A1

    公开(公告)日:2013-01-17

    申请号:US13372441

    申请日:2012-02-13

    IPC分类号: G06Q40/04

    CPC分类号: G06Q40/04 G06Q40/00

    摘要: Various systems and methods are provided for enabling one or more participants in an electronic trading system to have exclusive trading privileges. When one or more criteria and/or a status of trading rights are met, a trading system may award a participant with trading priority 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: 提供了各种系统和方法,用于使电子交易系统中的一个或多个参与者具有独占交易特权。 当一个或多个标准和/或交易权利的状态得到满足时,交易系统可以授予具有交易优先权的参与者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。

    MANAGING OUTLYING TRADING ORDERS
    10.
    发明申请
    MANAGING OUTLYING TRADING ORDERS 有权
    管理交易订单

    公开(公告)号:US20090327119A1

    公开(公告)日:2009-12-31

    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。