公开(公告)号：US20070130047A1

公开(公告)日：2007-06-07

申请号：US11499296

申请日：2006-08-04

申请人： Matthew Claus ,  Kevin Foley ,  Joseph Noviello ,  Howard Lutnick

发明人： Matthew Claus ,  Kevin Foley ,  Joseph Noviello ,  Howard Lutnick

IPC分类号： G06Q40/00

CPC分类号： G06Q40/04

摘要： An apparatus for submitting trading orders comprises a memory and a processor. The memory stores a default value associated with a trader, and a trading order associated with the trader. The trading order comprises a total quantity of a product. The processor is coupled to the memory and determines a displayed quantity based on the default value. The processor determines a reserved quantity based on the determined displayed quantity and the total quantity. The processor communicates the trading order having the determined displayed quantity and the determined reserved quantity.

摘要翻译： 用于提交交易订单的装置包括存储器和处理器。 存储器存储与交易者相关联的默认值以及与交易者相关联的交易订单。 交易订单包括产品的总数量。 处理器耦合到存储器并基于默认值确定显示的数量。 处理器基于所确定的显示量和总量确定保留量。 处理器通信具有确定的显示量和所确定的保留量的交易订单。

公开(公告)号：US20070130048A1

公开(公告)日：2007-06-07

申请号：US11499496

申请日：2006-08-03

申请人： Matthew Claus ,  Kevin Foley ,  Joseph Noviello ,  Howard Lutnick

发明人： Matthew Claus ,  Kevin Foley ,  Joseph Noviello ,  Howard Lutnick

IPC分类号： G06Q40/00

CPC分类号： G06Q40/00 ,  G06Q40/04

摘要： An apparatus for processing trading orders comprises a memory and a processor. The memory stores a first order and a second order. The first order is associated with a product and comprises a displayed quantity and a reserved quantity. The second order is associated with the product and comprises a displayed quantity and a reserved quantity. The processor is coupled to the memory and receives a counterorder associated with the product. The processor fills the displayed quantity of the first order with a corresponding portion of the counterorder, and fills the displayed quantity of the second order with a corresponding portion of the counterorder. The processor allocates a first additional portion of the counterorder to the first order. The first additional portion is based at least in part on a ratio of the displayed quantity of the first order to a sum of the displayed quantity of the first order and the displayed quantity of the second order.

摘要翻译： 用于处理交易订单的装置包括存储器和处理器。 存储器存储第一顺序和第二顺序。 第一个订单与产品相关联，包括显示的数量和保留的数量。 第二个订单与产品相关联，包括显示的数量和预留数量。 处理器耦合到存储器并且接收与产品相关联的对策。 处理器用对策部分的相应部分填充第一阶显示的数量，并且用对应的部分的相应部分填充显示的二阶数量。 处理器将第一个附加部分分配给第一个顺序。 第一附加部分至少部分地基于所显示的第一顺序的数量与所显示的第一订单的数量和所显示的第二订单的数量之和的比率。

公开(公告)号：US20060218072A1

公开(公告)日：2006-09-28

申请号：US11215236

申请日：2005-08-30

申请人： Joseph Noviello ,  Lon Steger ,  Matthew Claus ,  Howard Lutnick ,  Michael Sweeting ,  Kevin Foley

发明人： Joseph Noviello ,  Lon Steger ,  Matthew Claus ,  Howard Lutnick ,  Michael Sweeting ,  Kevin Foley

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。

公开(公告)号：US20070130050A1

公开(公告)日：2007-06-07

申请号：US11499833

申请日：2006-08-03

申请人： Matthew Claus ,  Kevin Foley ,  Joseph Noviello ,  Howard Lutnick

发明人： Matthew Claus ,  Kevin Foley ,  Joseph Noviello ,  Howard Lutnick

IPC分类号： G06Q40/00

CPC分类号： G06Q40/04 ,  G06Q40/06

摘要： A system for managing trading orders comprises a memory operable to store a first trading order for a particular trading product, wherein the first trading order comprises a display portion and a reserve portion and is received from a first trader. The memory is further operable to store a second trading order for the particular trading product, wherein the second trading order comprises a display portion and a reserve portion and the second trading order is received from a second trader after the first trading order. The system further comprises a processor communicatively coupled to the memory and operable to receive from a counterparty trader a counterorder for the trading product. The processor is further operable to use the counterorder to fill the display portion of the first trading order. The processor is further operable to use the counterorder to fill the display portion of the second trading order. After filling the display portion of the second trading order, the processor is further operable to exclusively offer at least a portion of the counterorder to the first trader for a configurable period of time.

摘要翻译： 用于管理交易订单的系统包括可操作以存储特定交易产品的第一交易订单的存储器，其中所述第一交易订单包括显示部分和储备部分，并且从第一交易者接收。 存储器还可操作用于存储特定交易产品的第二交易订单，其中第二交易订单包括显示部分和储备部分，并且在第一交易订单之后从第二交易者接收第二交易订单。 该系统还包括处理器，其通信地耦合到存储器并且可操作以从交易对手交易者接收交易产品的逆序。 所述处理器还可操作以使用所述反序列来填充所述第一交易订单的所述显示部分。 所述处理器还可操作以使用所述反序列来填充所述第二交易订单的所述显示部分。 在填充第二交易订单的显示部分之后，处理器进一步可操作以在可配置的时间段内向第一交易者专门提供逆序的至少一部分。

公开(公告)号：US20070130049A1

公开(公告)日：2007-06-07

申请号：US11499830

申请日：2006-08-03

申请人： Matthew Claus ,  Kevin Foley ,  Joseph Noviello ,  Howard Lutnick

发明人： Matthew Claus ,  Kevin Foley ,  Joseph Noviello ,  Howard Lutnick

IPC分类号： G06Q40/00

CPC分类号： G06Q40/04 ,  G06Q40/00

摘要： A system for replenishing trading orders comprises a memory coupled to a processor. The memory stores a trading order comprising a total quantity of a product, and at least one formula to determine a displayed quantity for the trading order. The processor applies the formula to determine the displayed quantity. The processor further determines a reserved quantity based on the determined displayed quantity and the total quantity. The processor communicates the trading order having the determined displayed quantity and the determined reserved quantity.

摘要翻译： 用于补充交易订单的系统包括耦合到处理器的存储器。 存储器存储包括产品的总数量的交易订单，以及用于确定交易订单的显示数量的至少一个公式。 处理器应用公式确定显示的数量。 处理器还基于所确定的显示量和总量确定保留量。 处理器通信具有确定的显示量和所确定的保留量的交易订单。

公开(公告)号：US20060282365A1

公开(公告)日：2006-12-14

申请号：US11407012

申请日：2006-04-18

申请人： Howard Lutnick ,  Kevin Foley ,  Joseph Noviello ,  Michael Sweeting

发明人： Howard Lutnick ,  Kevin Foley ,  Joseph Noviello ,  Michael Sweeting

IPC分类号： G06Q40/00

CPC分类号： G06Q40/04 ,  G06Q40/00

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 an only at best order type, whereby trades are preferably only executed at the best price the item is being bought or sold.

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。 新订单类型是唯一的最佳订单类型，因此交易优选仅以最佳价格执行，该项目被购买或出售。

公开(公告)号：US20070240053A1

公开(公告)日：2007-10-11

申请号：US11608303

申请日：2006-12-08

申请人： Howard Lutnick ,  Kevin Foley ,  Joseph Noviello ,  Michael Sweeting

发明人： Howard Lutnick ,  Kevin Foley ,  Joseph Noviello ,  Michael Sweeting

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。

公开(公告)号：US20060282366A1

公开(公告)日：2006-12-14

申请号：US11407509

申请日：2006-04-20

申请人： Howard Lutnick ,  Kevin Foley ,  Joseph Noviello ,  Michael Sweeting

发明人： Howard Lutnick ,  Kevin Foley ,  Joseph Noviello ,  Michael Sweeting

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。

公开(公告)号：US20070271171A1

公开(公告)日：2007-11-22

申请号：US11570069

申请日：2005-07-29

申请人： Howard Lutnick ,  Kevin Foley ,  Joseph Noviello ,  Michael Sweeting

发明人： Howard Lutnick ,  Kevin Foley ,  Joseph Noviello ,  Michael Sweeting

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。

公开(公告)号：US08321324B2

公开(公告)日：2012-11-27

申请号：US12552409

申请日：2009-09-02

申请人： Howard Lutnick ,  Joseph Noviello ,  Michael Sweeting

发明人： Howard Lutnick ,  Joseph Noviello ,  Michael Sweeting

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。