System and Method for Optimizing the Frequency of Market Information Updates in an Electronic Trading Environment

    公开(公告)号:US20190172135A1

    公开(公告)日:2019-06-06

    申请号:US16266606

    申请日:2019-02-04

    Inventor: Scott F. SINGER

    CPC classification number: G06Q40/04 G06Q30/02

    Abstract: A system and method for optimizing the frequency of market information updates in an electronic trading environment are described herein. According to one example embodiment, by optimizing the frequency of market information updates, the burden on the client device to update the graphical user interface may be reduced, while still providing an accurate portrayal of the market to the user. An example method includes associating different precedence levels with messages comprising market information. Messages containing market information related to the inside market may be associated to a higher precedence level. Whereas messages containing market information relating to the quantities at prices outside the inside market may be associated with a lower precedence level. Based on the precedence level associated with a message, a client device may update the graphical user interface or the message may be stored in a data structure until a pre-defined condition is satisfied.

    Tick Size Sequences Having Non-Linear Scaling Factors

    公开(公告)号:US20170178233A1

    公开(公告)日:2017-06-22

    申请号:US14975448

    申请日:2015-12-18

    CPC classification number: G06Q40/04

    Abstract: Example methods and systems are described herein that provide a tick size sequence having a plurality of scaling factors or tick sizes that may be used to adjust a tick size of a trading strategy. An example method described herein includes receiving a definition of a trading strategy, which includes two or more legs that correspond to respective tradeable objects offered at an exchange, calculating a first tick size for the trading strategy and determining a tick size sequence to be used when displaying the trading strategy. The tick size sequence has a plurality of scaling factors. The method also includes selecting one of the plurality of scaling factors of the tick size sequence, adjusting the first tick size to a second tick size based on the selected scaling factor and displaying market data associated with the trading strategy in a trading interface according to the second tick size.

    Methods and Systems for Managing Resources on a Mobile Trading Device

    公开(公告)号:US20200053551A1

    公开(公告)日:2020-02-13

    申请号:US16655992

    申请日:2019-10-17

    Inventor: Scott F. SINGER

    Abstract: Certain embodiments provide a method including obtaining data at a first time using at least one sensor associated with a mobile computing device, the at least one sensor arranged to gather data regarding at least one operating factor for the mobile computing device, the mobile computing device configured to receive market data and execute a trading application. The example method includes analyzing the data obtained from the at least one sensor to determine the at least one operating factor. The example method includes determining a first operating state of the mobile computing device based on the at least one operating factor. The example method includes altering a function of the mobile computing device with respect to the trading application based on the first operating state.

    Order Management and Control
    6.
    发明申请
    Order Management and Control 审中-公开
    订单管理与控制

    公开(公告)号:US20160321749A1

    公开(公告)日:2016-11-03

    申请号:US14701033

    申请日:2015-04-30

    CPC classification number: G06Q40/04

    Abstract: Methods and apparatus to manage hedge orders are disclosed. An example disclosed method includes communicating a multi-legged trading strategy to an electronic exchange for execution, the multi-legged trading strategy including a target trading strategy price, a quoting leg having a target leg price, a first hedge leg, and a second hedge leg. The example method further includes, in response to the quoting leg being filled at a first price that is better than the target leg price by a threshold amount: calculating a first cross-market price for the first hedge leg and a second cross-market price for the second hedge leg, calculating an actual trading strategy price as a function of the first price and the first and second cross-market prices, and, if the calculated actual trading strategy price is equal to or better than the target trading strategy price, communicating a trade action update to the electronic exchange.

    Abstract translation: 披露管理套期订单的方法和手段。 一个示例性的披露方法包括将多边交易策略传达给电子交易所以执行,所述多腿交易策略包括目标交易策略价格,具有目标支价的报价腿,第一对冲支线和第二对冲 腿。 该示例方法还包括响应于以比目标腿价格优于阈值量的第一价格填充报价支票:计算第一对冲支线的第一交叉市价和第二交叉市价 对于第二对冲支线,计算实际交易策略价格作为第一价格和第一和第二交叉市场价格的函数,如果计算出的实际交易策略价格等于或优于目标交易策略价格, 将交易行动更新传达给电子交易所。

    System and Method for Optimizing the Frequency of Market Information Updates in an Electronic Trading Environment

    公开(公告)号:US20220343428A1

    公开(公告)日:2022-10-27

    申请号:US17863357

    申请日:2022-07-12

    Inventor: Scott F. SINGER

    Abstract: A system and method for optimizing the frequency of market information updates in an electronic trading environment are described herein. According to one example embodiment, by optimizing the frequency of market information updates, the burden on the client device to update the graphical user interface may be reduced, while still providing an accurate portrayal of the market to the user. An example method includes associating different precedence levels with messages comprising market information. Messages containing market information related to the inside market may be associated to a higher precedence level. Whereas messages containing market information relating to the quantities at prices outside the inside market may be associated with a lower precedence level. Based on the precedence level associated with a message, a client device may update the graphical user interface or the message may be stored in a data structure until a pre-defined condition is satisfied.

    USER ACTION FOR CONTINUED PARTICIPATION IN MARKETS

    公开(公告)号:US20170372419A1

    公开(公告)日:2017-12-28

    申请号:US15194363

    申请日:2016-06-27

    Inventor: Scott F. SINGER

    CPC classification number: G06Q40/04

    Abstract: The state of a trade order may be defined and/or maintained in response to user action at a trading device. A trading device may receive a user action on a graphical user interface (GUI). The user action may cause the submission of the trade order to the electronic exchange. The trading device may receive a user action on the GUI to define an active order state. The trading device may maintain the order state until receiving an identified user action on the GUI to change the order state to inactive, which may cause the trade order to be canceled or held at the electronic exchange. The user action causing the change in the order state may be an active use action, such as a selection, or a passive user action, such as a failure to perform a selection. Such user action may encourage user attention when managing trade orders.

    Methods and Systems to Manage a Trading Strategy
    9.
    发明申请
    Methods and Systems to Manage a Trading Strategy 审中-公开
    管理交易策略的方法和系统

    公开(公告)号:US20170039640A1

    公开(公告)日:2017-02-09

    申请号:US14816782

    申请日:2015-08-03

    CPC classification number: G06Q40/04

    Abstract: An example method includes receiving a desired strategy price and a definition for a trading strategy including at least three legs. The at least three legs include a first leg associated with a first tradeable object, a second leg associated with a second tradeable object, and a priority leg associated with a third tradeable object. The example method includes communicating a priority order for the priority leg to an exchange and receiving a confirmation of a fill of the priority order. The confirmation identifies a priority price for the fill. The example method includes calculating a first price for a first order of the first leg based on market conditions in the second tradeable object associated with the second leg, the received priority price, and the desired strategy price. The example method includes communicating the first order for the first leg at the calculated first price to the exchange.

    Abstract translation: 示例性方法包括接收期望的策略价格和包括至少三条腿的交易策略的定义。 所述至少三条腿包括与第一可交易对象相关联的第一腿,与第二可交易对象相关联的第二腿和与第三可交易对象相关联的优先腿。 示例性方法包括将优先权分支的优先顺序传送到交换机并且接收对优先级顺序的填写的确认。 该确认确定填充的优先价格。 该示例方法包括基于与第二条腿相关联的第二可交易对象中的市场条件,接收到的优先价格和期望的策略价格来计算第一支路的第一订单的第一价格。 示例性方法包括以所计算的第一价格向交换所传送第一条腿的第一顺序。

    FLEXIBLE PRICE-VOLUME INDICATOR
    10.
    发明申请
    FLEXIBLE PRICE-VOLUME INDICATOR 审中-公开
    灵活的价格指数

    公开(公告)号:US20160189296A1

    公开(公告)日:2016-06-30

    申请号:US14588154

    申请日:2014-12-31

    CPC classification number: G06Q40/04

    Abstract: Example methods, apparatus, and computer readable storage media are described and disclosed. An example method includes receiving, by a computing device, market data related to a tradeable object. The example method includes displaying, by the computing device, a flexible price-volume indicator, the flexible price-volume indicators aligned with a specific value level in a value axis. The example method includes updating, by the computing device, a display property associated with the flexible price-volume indicator, the display property reflecting a quantity value determined based on the received market data. The example method includes displaying, by the computing device, the flexible price-volume indicator in a differentiated state based on a change in the market data.

    Abstract translation: 描述和公开了示例性方法,装置和计算机可读存储介质。 一种示例性方法包括由计算设备接收与可交易对象相关的市场数据。 示例性方法包括由计算设备显示灵活的价格体积指示符,所述灵活的价格体积指示符与值轴中的特定值水平对齐。 示例性方法包括通过计算设备更新与灵活的价格体积指示符相关联的显示属性,显示属性反映基于所接收的市场数据确定的数量值。 该示例方法包括基于市场数据的变化,由计算设备显示处于差分状态的灵活价格体积指示符。

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