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公开(公告)号:US20070226744A1
公开(公告)日:2007-09-27
申请号:US11388159
申请日:2006-03-23
申请人: Paul Callaway , Sunil Cutinho , Paul Dantzig , Stephen Goldman , Arun Iyengar , Francis Parr , Agnes Thiruthuvadoss
发明人: Paul Callaway , Sunil Cutinho , Paul Dantzig , Stephen Goldman , Arun Iyengar , Francis Parr , Agnes Thiruthuvadoss
IPC分类号: G06F9/46
CPC分类号: G06F9/5083 , G06F9/5027
摘要: Techniques are disclosed for processing requests in a data processing system. While the principles of the invention are not limited to a particular domain, they are particularly suitable for use in an electronic trading system. By way of example of one aspect of the invention, a method for directing requests to at least one node in a system comprising multiple nodes and a plurality of requests comprises associating a number to each request, assigning at least one number to each node so as to balance a load across the nodes, and sending a request to a node based on the number associated to the request. Various other aspects are disclosed.
摘要翻译: 公开了用于在数据处理系统中处理请求的技术。 虽然本发明的原理不限于特定领域,但是它们特别适用于电子交易系统。 作为本发明的一个方面的示例,用于将请求定向到包括多个节点和多个请求的系统中的至少一个节点的方法包括将数字与每个请求相关联,向每个节点分配至少一个数字,以便 以平衡节点之间的负载,并根据与请求相关联的数量向节点发送请求。 公开了各种其它方面。
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公开(公告)号:US20070118455A1
公开(公告)日:2007-05-24
申请号:US11452653
申请日:2006-06-14
申请人: William Albert , Lori Flemm , Paul Bauerschmidt , Paul Callaway , Dmitriy Glinberg , Edward Gogol , Stephen Goldman , Andrew Greta , Bryan Hunter , Matthew Kelly , John Labuszewski , Paul Lichter , Jeffrey Mitchell , Ari Studnitzer , Shanthi Thiruthuvadoss , Tae Seok Yoo
发明人: William Albert , Lori Flemm , Paul Bauerschmidt , Paul Callaway , Dmitriy Glinberg , Edward Gogol , Stephen Goldman , Andrew Greta , Bryan Hunter , Matthew Kelly , John Labuszewski , Paul Lichter , Jeffrey Mitchell , Ari Studnitzer , Shanthi Thiruthuvadoss , Tae Seok Yoo
IPC分类号: G06Q40/00
CPC分类号: G06Q40/04
摘要: The disclosed systems and methods relate to allowing trading of over the counter (“OTC”) foreign exchange (“FX”) contracts on a centralized matching and clearing mechanism, such as that of the Chicago Mercantile Exchange's (“CME”'s) futures exchange system (the “Exchange”). The disclosed systems and methods allow for anonymous transactions, centralized clearing, efficient settlement and the provision of risk management/credit screening mechanisms to lower risk, reduce transaction costs and improve the liquidity in the FX market place. In particular, the disclosed embodiments increase speed of execution facilitating growing demand for algorithmic trading, increased price transparency, lower cost of trading, customer to customer trading, and automated asset allocations, recurring trades as well as clearing and settlement efficiencies.
摘要翻译: 所披露的系统和方法涉及允许在集中式配对清算机制(例如芝加哥商品交易所(CME))期货交易柜台(“OTC”)外汇交易(“外汇”)合约 交换系统(“交换”)。 所披露的系统和方法允许匿名交易,集中清算,有效结算和提供风险管理/信用审查机制,降低风险,降低交易成本,提高外汇市场的流动性。 特别地,所公开的实施例增加执行速度,促进对算法交易的日益增长的需求,增加的价格透明度,降低交易成本,客户到客户交易以及自动资产分配,经常性交易以及结算和结算效率。
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公开(公告)号:US10453123B2
公开(公告)日:2019-10-22
申请号:US13281782
申请日:2011-10-26
IPC分类号: G06Q40/00
摘要: An electronic trading system utilizes a Match Engine that receives orders, stores them internally, calculates tradable combinations and advertises the availability of real and implied orders in the form of market data. New tradable items defined as combinations of other tradable items may be included in the calculation of tradable combinations. The disclosed embodiments relate to detection of market conditions where identification of implied opportunities may, for example, subvert real orders resulting in undesirable effects. Under circumstances where such undesirable effects are likely to occur, identification of implied opportunities may be delayed thereby allowing market forces to attempt to resolve the aberrant market conditions and avoid the undesirable effects.
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公开(公告)号:US20070118453A1
公开(公告)日:2007-05-24
申请号:US11600984
申请日:2006-11-17
申请人: Paul Bauerschmidt , Ari Studnitzer , William Albert , Lori Flemm , Paul Callaway , James Farrell , A. Thiruthuvadoss
发明人: Paul Bauerschmidt , Ari Studnitzer , William Albert , Lori Flemm , Paul Callaway , James Farrell , A. Thiruthuvadoss
IPC分类号: G06Q40/00
CPC分类号: G06Q40/04 , G06Q10/10 , G06Q20/381 , G06Q40/00 , G06Q40/02 , G06Q40/025 , G06Q40/06 , G06Q40/08
摘要: The disclosed systems and methods relate to allowing trading of over the counter (“OTC”) foreign exchange (“FX”) contracts on a centralized matching and clearing mechanism, such as that of the Chicago Mercantile Exchange's (“CME”'s) futures exchange system (the “Exchange”). The disclosed systems and methods allow for anonymous transactions, centralized clearing, efficient settlement and the provision of risk management/credit screening mechanisms to lower risk, reduce transaction costs and improve the liquidity in the FX market place. In particular, the disclosed embodiments increase speed of execution facilitating growing demand for algorithmic trading, increased price transparency, lower cost of trading, customer to customer trading, and automated asset allocations, recurring trades as well as clearing and settlement efficiencies.
摘要翻译: 所披露的系统和方法涉及允许在集中式配对清算机制(例如芝加哥商品交易所(CME))期货交易柜台(“OTC”)外汇交易(“外汇”)合约 交换系统(“交换”)。 所披露的系统和方法允许匿名交易,集中清算,有效结算和提供风险管理/信用审查机制,降低风险,降低交易成本,提高外汇市场的流动性。 特别地,所公开的实施例增加执行速度,促进对算法交易的日益增长的需求,增加的价格透明度,降低交易成本,客户到客户交易以及自动资产分配,经常性交易以及结算和结算效率。
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公开(公告)号:US10572937B2
公开(公告)日:2020-02-25
申请号:US12817610
申请日:2010-06-17
申请人: Jake Siddall , Dave Salvadori , Paul Bauerschmidt , Ken Silhavy , Ari Studnitzer , Paul Callaway , John Curran , Martin Stroup
发明人: Jake Siddall , Dave Salvadori , Paul Bauerschmidt , Ken Silhavy , Ari Studnitzer , Paul Callaway , John Curran , Martin Stroup
摘要: Systems and methods for determining implied spreads are provided. More particularly, implied spread financial transactions are generated using information from requests for quotes (RFQs). An RFQ processor module may focus the calculations performed by an implied spread determination module. A financial instrument associated with an RFQ may be provided to the implied spread determination module to trigger the determination of whether implied orders exist related to that particular financial instrument.
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公开(公告)号:US20110066537A1
公开(公告)日:2011-03-17
申请号:US12560145
申请日:2009-09-15
申请人: Andrew Milne , Aleksandr Sedlin , Vladimir Feldman , Paul Callaway , Pearce Peck-Walden , Mark Robinson
发明人: Andrew Milne , Aleksandr Sedlin , Vladimir Feldman , Paul Callaway , Pearce Peck-Walden , Mark Robinson
IPC分类号: G06Q40/00
CPC分类号: G06Q40/04
摘要: A volume analyzer is provided. The volume analyzer includes an input, a processor, and an output. The input is operable to receive market data and a calculation policy. The processor is coupled with the input. The processor is operable to identify an available implied pattern based on the market data and the calculation policy. The available implied pattern has not been calculated by a match engine. The output is coupled with the processor. The processor is operable to provide the available implied pattern to the output.
摘要翻译: 提供音量分析仪。 音量分析仪包括输入,处理器和输出。 该输入可操作以接收市场数据和计算策略。 处理器与输入端相连。 处理器可操作以基于市场数据和计算策略来识别可用的隐含模式。 匹配引擎尚未计算可用的隐含模式。 输出与处理器耦合。 处理器可操作以向输出提供可用的隐含图案。
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公开(公告)号:US20070118460A1
公开(公告)日:2007-05-24
申请号:US11601489
申请日:2006-11-17
申请人: Paul Bauerschmidt , Ari Studnitzer , William Albert , Lori Flemm , Paul Callaway , James Farrell , A. Thiruthuvadoss
发明人: Paul Bauerschmidt , Ari Studnitzer , William Albert , Lori Flemm , Paul Callaway , James Farrell , A. Thiruthuvadoss
IPC分类号: G06Q40/00
CPC分类号: G06Q40/04 , G06Q10/10 , G06Q20/381 , G06Q40/00 , G06Q40/02 , G06Q40/025 , G06Q40/06 , G06Q40/08
摘要: The disclosed systems and methods relate to allowing trading of over the counter (“OTC”) foreign exchange (“FX”) contracts on a centralized matching and clearing mechanism, such as that of the Chicago Mercantile Exchange's (“CME”'s) futures exchange system (the “Exchange”). The disclosed systems and methods allow for anonymous transactions, centralized clearing, efficient settlement and the provision of risk management/credit screening mechanisms to lower risk, reduce transaction costs and improve the liquidity in the FX market place. In particular, the disclosed embodiments increase speed of execution facilitating growing demand for algorithmic trading, increased price transparency, lower cost of trading, customer to customer trading, and automated asset allocations, recurring trades as well as clearing and settlement efficiencies.
摘要翻译: 所披露的系统和方法涉及允许在集中式配对清算机制(例如芝加哥商品交易所(CME))期货交易柜台(“OTC”)外汇交易(“外汇”)合约 交换系统(“交换”)。 所披露的系统和方法允许匿名交易,集中清算,有效结算和提供风险管理/信用审查机制,降低风险,降低交易成本,提高外汇市场的流动性。 特别地,所公开的实施例增加执行速度,促进对算法交易的日益增长的需求,增加的价格透明度,降低交易成本,客户到客户交易以及自动资产分配,经常性交易以及结算和结算效率。
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公开(公告)号:US20070118454A1
公开(公告)日:2007-05-24
申请号:US11600993
申请日:2006-11-17
申请人: Paul Bauerschmidt , Ari Studnitzer , William Albert , Lori Flemm , Paul Callaway , James Farrell , A. Thiruthuvadoss
发明人: Paul Bauerschmidt , Ari Studnitzer , William Albert , Lori Flemm , Paul Callaway , James Farrell , A. Thiruthuvadoss
IPC分类号: G06Q40/00
CPC分类号: G06Q40/04 , G06Q10/10 , G06Q20/381 , G06Q40/00 , G06Q40/02 , G06Q40/025 , G06Q40/06 , G06Q40/08
摘要: The disclosed systems and methods relate to allowing trading of over the counter (“OTC”) foreign exchange (“FX”) contracts on a centralized matching and clearing mechanism, such as that of the Chicago Mercantile Exchange's (“CME”'s) futures exchange system (the “Exchange”). The disclosed systems and methods allow for anonymous transactions, centralized clearing, efficient settlement and the provision of risk management/credit screening mechanisms to lower risk, reduce transaction costs and improve the liquidity in the FX market place. In particular, the disclosed embodiments increase speed of execution facilitating growing demand for algorithmic trading, increased price transparency, lower cost of trading, customer to customer trading, and automated asset allocations, recurring trades as well as clearing and settlement efficiencies.
摘要翻译: 所披露的系统和方法涉及允许在集中式配对清算机制(例如芝加哥商品交易所(CME))期货交易柜台(“OTC”)外汇交易(“外汇”)合约 交换系统(“交换”)。 所披露的系统和方法允许匿名交易,集中清算,有效结算和提供风险管理/信用审查机制,降低风险,降低交易成本,提高外汇市场的流动性。 特别地,所公开的实施例增加执行速度,促进对算法交易的日益增长的需求,增加的价格透明度,降低交易成本,客户到客户交易以及自动资产分配,经常性交易以及结算和结算效率。
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公开(公告)号:US20130110694A1
公开(公告)日:2013-05-02
申请号:US13281782
申请日:2011-10-26
IPC分类号: G06Q40/04
CPC分类号: G06Q40/00
摘要: An electronic trading system utilizes a Match Engine that receives orders, stores them internally, calculates tradable combinations and advertises the availability of real and implied orders in the form of market data. New tradable items defined as combinations of other tradable items may be included in the calculation of tradable combinations. The disclosed embodiments relate to detection of market conditions where identification of implied opportunities may, for example, subvert real orders resulting in undesirable effects. Under circumstances where such undesirable effects are likely to occur, identification of implied opportunities may be delayed thereby allowing market forces to attempt to resolve the aberrant market conditions and avoid the undesirable effects.
摘要翻译: 电子交易系统使用匹配引擎来接收订单,在内部存储,计算可交易的组合,并以市场数据的形式公布真实和隐含的订单的可用性。 定义为其他可交易项目组合的新交易项目可能包括在可交易组合的计算中。 所公开的实施例涉及检测市场状况,其中隐含机会的识别可能例如颠覆实际订单而导致不期望的效果。 在可能发生不良影响的情况下,隐含机会的识别可能会延迟,从而允许市场力量尝试解决异常的市场状况并避免不良影响。
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公开(公告)号:US20110313905A1
公开(公告)日:2011-12-22
申请号:US12817610
申请日:2010-06-17
申请人: Jake Siddall , Dave Salvadori , Paul Bauerschmidt , Ken Silhavy , Ari Studnitzer , Paul Callaway , John Curran , Martin Stroup
发明人: Jake Siddall , Dave Salvadori , Paul Bauerschmidt , Ken Silhavy , Ari Studnitzer , Paul Callaway , John Curran , Martin Stroup
IPC分类号: G06Q40/00
CPC分类号: G06Q40/04
摘要: Systems and methods for determining implied spreads are provided. More particularly, implied spread financial transactions are generated using information from requests for quotes (RFQs). An RFQ processor module may focus the calculations performed by an implied spread determination module. A financial instrument associated with an RFQ may be provided to the implied spread determination module to trigger the determination of whether implied orders exist related to that particular financial instrument.
摘要翻译: 提供了确定隐含差价的系统和方法。 更具体地说,使用报价请求(RFQ)的信息产生隐含的传播金融交易。 RFQ处理器模块可以聚焦由隐含扩展确定模块执行的计算。 可以将与RFQ相关联的金融工具提供给隐含的差价确定模块,以触发确定隐含订单是否存在与该特定金融工具相关。
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