公开(公告)号：US20070078752A1

公开(公告)日：2007-04-05

申请号：US11416471

申请日：2006-05-02

申请人： Michael Burns ,  Sagy Mintz ,  Eric Herz ,  Alexander Deitz

发明人： Michael Burns ,  Sagy Mintz ,  Eric Herz ,  Alexander Deitz

IPC分类号： G06Q40/00

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

摘要： A system and associated methods are provided for intelligent placement and movement of orders in an electronic trading environment. According to one example method, in addition to submitting a leg order at a calculated price level, additional orders, queue holder orders, are submitted for the leg order at prices either below or above the calculated price level. Based on this configuration, if the conditions change such that it is necessary to re-price the leg order, there will be already an order resting in the exchange order book at the re-calculated price that can be used in the strategy. Upon re-pricing the leg order, one or more additional queue holder orders will be placed in the market. Other tools are provided as well.

公开(公告)号：US20070078749A1

公开(公告)日：2007-04-05

申请号：US11241168

申请日：2005-09-30

申请人： Michael Burns ,  Sagy Mintz ,  Eric Herz ,  Alexander Deitz

发明人： Michael Burns ,  Sagy Mintz ,  Eric Herz ,  Alexander Deitz

IPC分类号： G06Q40/00

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

摘要： A system and associated methods are provided for intelligent placement and movement of orders in an electronic trading environment. According to one example method, in addition to submitting a leg order at a calculated price level, additional orders, queue holder orders, are submitted for the leg order at prices either below or above the calculated price level. Based on this configuration, if the conditions change such that it is necessary to re-price the leg order, there will be already an order resting in the exchange order book at the re-calculated price that can be used in the strategy. Upon re-pricing the leg order, one or more additional queue holder orders will be placed in the market. Other tools are provided as well.

摘要翻译： 提供了一种系统和相关方法，用于在电子交易环境中智能放置和移动订单。 根据一个示例性方法，除了以计算的价格水平提交支票订单之外，还可以以低于或高于所计算的价格水平的价格提交附加订单，队列持有人订单。 基于这种配置，如果条件发生变化，以便有必要对该订单进行重新定价，那么将在交易订单簿中已经有一个可以在该策略中使用的重新计算价格的订单。 在对订单进行重新定价后，一个或多个附加的队列持有者订单将被放置在市场中。 还提供其他工具。