APPARATUS AND A METHOD FOR CREATING A HIGH SPEED FINANCIAL MARKET DATA MESSAGE STREAM
    1.
    发明申请
    APPARATUS AND A METHOD FOR CREATING A HIGH SPEED FINANCIAL MARKET DATA MESSAGE STREAM 审中-公开
    设备和创建高速金融市场数据消息流的方法

    公开(公告)号:US20150032590A1

    公开(公告)日:2015-01-29

    申请号:US13950680

    申请日:2013-07-25

    IPC分类号: G06Q40/04

    CPC分类号: G06Q40/04

    摘要: A matching engine message stream generator of an electronic exchange platform generates protocol-specific market data messages use and includes a first interface created on a reconfigurable logic device that receives matching engine message(s) with a source specific format from a matching engine. Based on a set of pre-defined conditions, the first interface filters out and discards messages of source specific format. The message stream generator further includes a buffer on the logic device that stores undiscarded messages of source specific format. The message stream generator also includes logic on the logic device that converts stored message(s) in source specific format into a market data message in a standardized format and generates a stream of market data messages having that standardized format. The message stream generator includes a second interface on the logic device that transmits the stream of converted market data messages.

    摘要翻译: 电子交换平台的匹配引擎消息流生成器生成协议特定的市场数据消息使用,并且包括在可重构逻辑设备上创建的第一接口,其从匹配引擎接收具有源特定格式的匹配引擎消息。 基于一组预先定义的条件,第一个接口过滤掉并丢弃源特定格式的消息。 消息流生成器还包括在逻辑设备上的缓冲器,其存储源特定格式的未被清除的消息。 消息流生成器还包括在逻辑设备上的逻辑,其将以源特定格式的存储消息以标准化格式转换为市场数据消息,并生成具有该标准化格式的市场数据消息流。 消息流生成器包括逻辑设备上的第二接口,其传送转换的市场数据消息流。

    Quote/order processing in electronic market system
    2.
    发明授权
    Quote/order processing in electronic market system 有权
    电子市场体系中的报价/订单处理

    公开(公告)号:US08407116B1

    公开(公告)日:2013-03-26

    申请号:US09401873

    申请日:1999-09-23

    IPC分类号: G06Q40/00

    CPC分类号: G06Q40/02 G06Q40/04

    摘要: A collector facility for an electronic market is described. The collector facility includes an interface for coupling order delivery systems to the order collector facility and a quote manager that manages multiple quotes/orders received from the interface at multiple price levels. The facility also includes a montage manager to display quotes received from the quote order manager in an aggregate montage or a current quote montage consistent with parameters specified in the multiple quotes.

    摘要翻译: 描述了电子市场的收集设备。 收集器设施包括用于将订单交付系统耦合到订单收集器设备的接口以及管理以多个价格水平从接口接收的多个报价/订单的报价管理器。 该设施还包括一个蒙太奇经理,以一个聚合蒙太奇或当前报价蒙太奇的形式显示从报价订单管理器收到的报价,这些报价符合多重报价中指定的参数。

    Order processing for automated market system
    3.
    发明授权
    Order processing for automated market system 有权
    自动化市场体系订单处理

    公开(公告)号:US08301539B2

    公开(公告)日:2012-10-30

    申请号:US09903388

    申请日:2001-07-09

    IPC分类号: G06Q40/00

    CPC分类号: G06Q40/04

    摘要: An electronic market for trading of securities includes a plurality of client stations for entering quotes for securities and a server process that receives quotes from the clients, aggregates the quotes and causes a total of all aggregated quotes to be displayed for a plurality of price levels on the client systems. The market uses a graphical user that depicts aggregated quotes in an aggregate window a plurality of price levels of a product traded in the market. The market also includes processes to handle lock/cross market conditions, match-off of order flow and provides a central quote/order collector that interfaces to disparate order delivery systems to minimize dual liability of market makers.

    摘要翻译: 证券交易的电子市场包括多个用于输入证券报价的客户站,以及从客户接收报价的服务器进程,汇总报价,并导致将所有汇总报价的总计显示在多个价格水平上 客户端系统。 市场使用图形用户,其在聚合窗口中描绘在市场上交易的产品的多个价格水平的汇总报价。 市场还包括处理锁定/交叉市场状况的流程,订单流动的匹配,并提供了一个中央报价/订单收集器,与不同的订单交付系统相互接触,以最大限度地减少做市商的双重责任。

    Trading of derivative secured index participation notes
    4.
    发明授权
    Trading of derivative secured index participation notes 有权
    衍生证券指数参与票据交易

    公开(公告)号:US08117111B2

    公开(公告)日:2012-02-14

    申请号:US12258734

    申请日:2008-10-27

    申请人: Steven M. Bloom

    发明人: Steven M. Bloom

    IPC分类号: G06Q40/00

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

    摘要: Techniques are described for securitizing, administrating and trading various index shares securitized by derivative, cash-settled instruments on the underlying index.

    摘要翻译: 描述了用于证券化,管理和交易衍生工具,现金结算工具证券化的各种指数股票的技术。

    Opening cross in electronic market
    6.
    发明授权
    Opening cross in electronic market 有权
    在电子市场开幕

    公开(公告)号:US07925570B2

    公开(公告)日:2011-04-12

    申请号:US11077503

    申请日:2005-03-09

    IPC分类号: G06Q40/00

    摘要: A method, executed in a computer system, for opening an electronic market for trading of a security is described. The method includes receiving by the computer system eligible orders and quotes for the security traded in the electronic market and disseminating an order imbalance indicator indicative of predicted trading characteristics of the security at the open of trading. The method also includes determining by the computer system a price or prices at which the maximum shares would be executed and determining which price would minimize any imbalance of eligible orders and executing at least some of the eligible orders at the determined opening price.

    摘要翻译: 描述了在计算机系统中执行的用于打开用于交易安全性的电子市场的方法。 该方法包括由计算机系统接收电子市场上交易的证券的符合条件的订单和报价,并传播指示交易开放时证券预期交易特征的订单不平衡指标。 该方法还包括由计算机系统确定将执行最大股份的价格或价格,并确定哪个价格将使合格订单的任何不平衡最小化,并以确定的开盘价执行至少一些合格订单。

    Security-based order processing technique
    7.
    发明授权
    Security-based order processing technique 有权
    基于安全的订单处理技术

    公开(公告)号:US07921051B2

    公开(公告)日:2011-04-05

    申请号:US10206148

    申请日:2002-07-25

    IPC分类号: G06Q40/00

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

    摘要: A system in an electronic securities market includes a configurable look-up table that has assignment entries that assign each of a plurality of securities to one or more securities processors in the system. Whenever an order is received that involves a specific security, a security look-up process accesses the configurable look-up table to determine which securities processor the specific security is assigned to. Once determined, a messaging process, which is responsive to the security look-up process, sends the received security order to the securities processor to which the specific security is assigned.

    摘要翻译: 电子证券市场中的系统包括可配置的查找表,其具有将多个证券中的每一个分配给系统中的一个或多个证券处理器的分配条目。 无论何时收到涉及特定安全性的订单,安全查询过程将访问可配置的查找表,以确定特定安全性分配给哪个证券处理器。 一旦确定,响应于安全查找过程的消息处理将接收到的安全命令发送到分配了特定安全性的证券处理器。

    Message prioritization process and method
    8.
    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。