Securities processor and a method of processing attributable interest messages
    4.
    发明授权
    Securities processor and a method of processing attributable interest messages 有权
    证券处理者和处理归属利益信息的方法

    公开(公告)号:US07523062B2

    公开(公告)日:2009-04-21

    申请号:US10206129

    申请日:2002-07-25

    IPC分类号: G06Q40/00

    摘要: A securities processor includes a prematching process for validating an attributable security interest message placed by a market participant on a securities trading system This attributable security interest message relates to an individual security chosen from a plurality of securities traded on the securities trading system. A matching queue receives the validated attributable security interest message from the prematching process, and queues it for subsequent matching. A matching process obtains the validated attributable security interest message from the matching queue and compares it with previously-validated attributable security interest messages to determine if a match occurs between the validated attributable security interest message and one of the previously-validated attributable security interest messages.

    摘要翻译: 证券处理机包括用于验证市场参与者在证券交易系统上发布的归属担保权益信息的预处理过程。该归属的担保权益消息涉及从在证券交易系统上交易的多个证券中选择的个人证券。 匹配队列从预处理过程接收经验证的归属安全权益消息,并将其排队以用于后续匹配。 匹配过程从匹配队列获得经验证的归属安全权益消息,并将其与先前验证的归属安全权益消息进行比较,以确定在验证的归属安全权益消息与先前验证的归属安全权益消息之一是否发生匹配。

    Opening price process for trading system
    7.
    发明授权
    Opening price process for trading system 有权
    交易系统的开仓价格

    公开(公告)号:US07882010B2

    公开(公告)日:2011-02-01

    申请号:US10164753

    申请日:2002-06-07

    IPC分类号: G06Q40/00

    CPC分类号: G06Q40/04

    摘要: A system for determining an opening price for products traded over a distributed, networked computer system, includes a plurality of workstations for entering orders for financial products into the distributed, networked computer system and a server computer coupled to the workstations for receiving the orders. The server computer determines when a time just prior to an official opening time for opening regular trading has been reached, and executes a server process that determines an opening price for the product. The server process identifies the oldest of interest at the most aggressive price on each side of the market and selects the older interest of the identified interest to designate as initial interest. The server process matches initial interest against all contra side interest.

    摘要翻译: 用于确定通过分布式联网计算机系统交易的产品的开价的系统包括用于将金融产品的订单输入到分布式联网计算机系统的多个工作站以及耦合到工作站的用于接收订单的服务器计算机。 服务器计算机确定在正式开放正式开放时间之前的时间已经到达,并执行确定产品的开价的服务器进程。 服务器进程以市场每一方最具侵略性的价格确定最年长的利益,并选择所识别的利益的较早利益来指定为最初利益。 服务器进程与初始兴趣匹配所有对方利益。

    Order delivery in a securities market
    8.
    发明授权
    Order delivery in a securities market 有权
    在证券市场订单交货

    公开(公告)号:US08090640B2

    公开(公告)日:2012-01-03

    申请号:US10206894

    申请日:2002-07-25

    IPC分类号: G06Q40/00

    CPC分类号: G06Q40/04 G06Q40/00

    摘要: A method of processing delivery messages in a security processing architecture includes receiving an expression of interest to enter into a transaction to buy or sell a security, matching the expression of interest with other expressions of interest, sending a message to a market participant that a match exists, recording a delivery in a delivery log file, recording the delivery in a delivery work in process (WIP) file, and receiving a response message from the market participant.

    摘要翻译: 一种在安全处理架构中处理传递消息的方法包括接收感兴趣的表达式以进入交易以购买或销售证券,将感兴趣的表达与其他感兴趣的表达相匹配,向市场参与者发送消息,匹配 存在,在交货日志文件中记录交货,在交货工作(WIP)文件中记录交货,以及从市场参与者接收响应消息。

    ORDER DELIVERY IN A SECURITIES MARKET
    9.
    发明申请
    ORDER DELIVERY IN A SECURITIES MARKET 审中-公开
    订单在证券市场交付

    公开(公告)号:US20120011046A1

    公开(公告)日:2012-01-12

    申请号:US13173168

    申请日:2011-06-30

    IPC分类号: G06Q40/00

    CPC分类号: G06Q40/04 G06Q40/00

    摘要: A method of processing delivery messages in a security processing architecture includes receiving an expression of interest to enter into a transaction to buy or sell a security, matching the expression of interest with other expressions of interest, sending a message to a market participant that a match exists, recording a delivery in a delivery log file, recording the delivery in a delivery work in process (WIP) file, and receiving a response message from the market participant.

    摘要翻译: 一种在安全处理架构中处理传递消息的方法包括接收感兴趣的表达式以进入交易以购买或销售证券,将感兴趣的表达与其他感兴趣的表达相匹配,向市场参与者发送消息,匹配 存在,在交货日志文件中记录交货,在交货工作(WIP)文件中记录交货,以及从市场参与者接收响应消息。

    Message prioritization process and method
    10.
    发明授权
    Message prioritization process and method 有权
    消息优先级流程和方法

    公开(公告)号:US07801796B2

    公开(公告)日:2010-09-21

    申请号:US10301804

    申请日:2002-11-21

    IPC分类号: G06Q40/00

    CPC分类号: G06Q40/06 G06Q40/04

    摘要: A message prioritization process includes an interface process for receiving a primary attributable security interest message and one or more secondary attributable security interest messages placed by the market participant on a securities trading system. The primary attributable security interest message relates to a defined quantity of an individual security traded on the securities trading system. Each secondary attributable security interest message increments the defined quantity of the primary attributable security interest message by an incremental quantity. A code assignment process assigns a superior prioritization code to the primary attributable security interest message and an inferior prioritization code to each secondary attributable security interest message. These prioritization codes control the order in which the attributable security interest messages are processed by a matching process, and the inferior prioritization code is subordinate to the superior prioritization code.

    摘要翻译: 消息优先级过程包括用于接收主要归属的安全权益消息的接口过程以及市场参与者在证券交易系统上放置的一个或多个次要归属的安全权益消息。 主要归属的担保权益信息涉及在证券交易系统上交易的个人证券的定义数量。 每个次要归属的安全利益消息以增量数量增加主要归属的安全利益消息的定义数量。 代码分配过程将优先优先级代码分配给主要归属的安全权益消息,以及将较差的优先级代码分配给每个二级归属的安全权益消息。 这些优先级代码控制由匹配过程处理归属的安全利益消息的顺序,劣等的优先级代码从属于优先优先级代码。