101. Method for financial product transaction management and program

申请号: JP2013078806

申请日: 2013-04-04

公开（公告）号: JP2013152750A

公开（公告）日: 2013-08-08

发明人: AIBA HITOSHI; YAMAMOTO HISATOSHI

PROBLEM TO BE SOLVED: To provide a method for financial product transaction management capable of efficiently conducting a plurality of limit order transactions without complicated ordering procedures in limit orders for financial products.SOLUTION: The method for financial product transaction management includes: an order input reception procedure for receiving transaction order application information; an order information generation procedure for generating order information on the basis of the transaction order application information; a price information reception procedure for receiving market price information; and a second order price calculation procedure for calculating the other order price for a first order price on the basis of the order price and profit margins. The order information generation procedure generates a plurality of order information groups having first order information that makes a limit order of buying or selling on the basis of the transaction order application information and second order information that makes a limit order of selling or buying on the basis of the transaction order application information, validates first order information of a following order information group in the case where contracts of the first order information and the second order information for each of the order information groups are made, and repeats contracts of first order information and second order information.

102. An order book management device in a hardware platform

申请号: EP13306358.6

申请日: 2013-10-01

公开（公告）号: EP2858025A1

公开（公告）日: 2015-04-08

发明人: Kodde, Edward

The invention provides an order book management device (10), implemented on an integrated circuit, for aggregating orders identified in input data streams into at least one order book, each order comprising a price and a quantity information, each order book being associated with a tradable object and comprising a sell side and a buy side, each order book side storing a list of limits, each limit being associated with a given price and a quantity, the quantity associated with a limit corresponding to the sum of the quantities of the received orders comprising the given price. Each side of the order book comprises :

- a first data structure for maintaining a selected number P of limits corresponding to the P limits having the highest prices among the N limits maintained in the buy side of the book, or the lowest prices among the N limits maintained in the sell side of the order book, the orders in the first data structure being sorted by price depending on the order book side, and

- a second data structure arranged in the form of a tree and comprising the N-P limits having the lowest prices among the N limits in the buy side of the book, or the highest prices among the N limits in the sell side of the book.

The order book management device further comprises a first management core (2) for processing each received limit related command comprising a price information, updating the first data structure in response to the processing of the command and/or generating at least one update command to a second management core (3), the second management core (3) being configured to update the second data structure based on the update commands.

103. CROSS AND POST ORDER

申请号: PCT/US2006016685

申请日: 2006-05-02

公开（公告）号: WO2006121689A3

公开（公告）日: 2007-11-22

发明人: ADCOCK PAUL D; CORMACK MICHAEL A; HALLER THOMAS F; HILL ROBERT A

A cross and post order and related market center and process are disclosed which automatically convert any unfilled balance of a cross order that was broken up due to interaction with the posting market center's order book to a limit order at the same price. The process also automatically associates the transactions that are used to fill the generated limit order with the cross and post order that was originally sent to the posting market center for execution.

104. Cross and post order

申请号: US11345420

申请日: 2006-01-31

公开（公告）号: US07908201B2

公开（公告）日: 2011-03-15

发明人: Paul D. Addock; Michael A. Cormack; Thomas F. Haller; Robert A. Hill

A cross and post order and related market center and process are disclosed which automatically convert any unfilled balance of a cross order that was broken up due to interaction with the posting market center's order book to a limit order at the same price. The process also automatically associates the transactions that are used to fill the generated limit order with the cross and post order that was originally sent to the posting market center for execution.

105. AN ORDER BOOK MANAGEMENT DEVICE IN A HARDWARE PLATFORM

申请号: PCT/EP2014/071073

申请日: 2014-10-01

公开（公告）号: WO2015049306A1

公开（公告）日: 2015-04-09

发明人: KODDE, Edward

The invention provides an order book management device (10), implemented on an integrated circuit, for aggregating orders identified in input data streams into at least one order book, each order comprising a price and a quantity information, each order book being associated with a tradable object and comprising a sell side and a buy side, each order book side storing a list of limits, each limit being associated with a given price and a quantity, the quantity associated with a limit corresponding to the sum of the quantities of the received orders comprising the given price. Each side of the order book comprises : - a first data structure for maintaining a selected number P of limits corresponding to the P limits having the highest prices among the N limits maintained in the buy side of the book, or the lowest prices among the N limits maintained in the sell side of the order book, the orders in the first data structure being sorted by price depending on the order book side, and - a second data structure arranged in the form of a tree and comprising the N-P limits having the lowest prices among the N limits in the buy side of the book, or the highest prices among the N limits in the sell side of the book. The order book management device further comprises a first management core (2) for processing each received limit related command comprising a price information, updating the first data structure in response to the processing of the command and/or generating at least one update command to a second management core (3), the second management core (3) being configured to update the second data structure based on the update commands.

106. Cross and post order

申请号: US11345420

申请日: 2006-01-31

公开（公告）号: US20060253374A1

公开（公告）日: 2006-11-09

发明人: Paul Addock; Michael Cormack; Thomas Haller; Robert Hill

A cross and post order and related market center and process are disclosed which automatically convert any unfilled balance of a cross order that was broken up due to interaction with the posting market center's order book to a limit order at the same price. The process also automatically associates the transactions that are used to fill the generated limit order with the cross and post order that was originally sent to the posting market center for execution.

107. System and method for electronic trading

申请号: US12184364

申请日: 2008-08-01

公开（公告）号: US08165947B1

公开（公告）日: 2012-04-24

发明人: Ivan K. Freeman; Marc P. Rosenthal; Sapna C. Patel

The systems and methods relate to a new securities order type—the MON Order—which remains undisplayed and does not become executable until a minimum trigger quantity is reached, thereby making such order executable. The MON Order includes information that indicates a symbol of the security, the number of shares of the security to buy/sell, the side of the order and a trigger quantity. For limit orders, the order also includes a limit price. The MON Order may be received by an initial trading center that may determine whether the trigger quantity is satisfied based on the available number of shares for the security in the marketplace, where the available number of shares is based on the aggregate of (i) the displayed and undisplayed liquidity for the security at the initial trading center, and (ii) the displayed accessible liquidity at one or more away trading centers that is known to the initial trading center. When the available number of shares is equal to or greater than the trigger quantity, the initial trading center may (i) execute the MON Order against the shares available on the initial trading center's book, and (ii) send additional orders (such as ISOs marked IOC, if appropriate) for the security to the one or more away trading centers to execute against their respective accessible liquidity, as necessary.

108. METHOD AND SYSTEM FOR FACILITATING INTERNATIONAL SECURITIES TRADING

申请号: PCT/US2010/050838

申请日: 2010-09-30

公开（公告）号: WO2011043977A1

公开（公告）日: 2011-04-14

发明人: PAK, James, S.; TRUDEAU, Matthew, N.

A method and a system for facilitating international securities trading include receiving market data specified in the local currency of a market center. The system includes a central platform that provides foreign executable currency quotes, which can be used to convert the market center's central limit order book into multiple foreign currencies. Orders specified in a foreign currency are converted to the local currency and placed with the market center. When two orders are matched, the system handles execution of a foreign exchange (FX) portion of the order based on the best FX quote provided by an FX liquidity provider, locked in at the time of receipt of the order.

109. Securities trading system, computer system, buy/sell order placement method, buy/sell order processing method, and program

申请号: US10112514

申请日: 2002-03-28

公开（公告）号: US20020152153A1

公开（公告）日: 2002-10-17

发明人: Toru Nakagawa

A securities trading system including a customer's PC 30 connected to the Internet 10, a securities company's site 20 which is connected to the Internet 10 and processes securities trading orders from the customer's PC 30, and an exchange's computer 50 connected to the securities company's site 20 via a leased line 40, wherein the securities company's site 20 provides information of a group order entry screen for entering an order covering multiple issues and their respective limit prices specified as a group, to the customer's PC 30, and after displaying the group order entry screen information provided by the securities company's site 20 in a browser 31, the customer's PC 30 outputs a group order covering a group of issues for which respective limit prices are specified, through the Internet 10.

110. 실시간 호가집계장 데이타에 기초한 시장지표를 이용한거래기술과 특성 분석 방법 및 시스템

申请号: KR1020020000372

申请日: 2002-01-04

公开（公告）号: KR1020020013943A

公开（公告）日: 2002-02-21

发明人: 강철준

PURPOSE: A method and system for analyzing business techniques and characteristics using market indexes based on real time limit order book data is provided to analyze levels and characteristics of techniques for managing profits and losses by estimating various market indexes from real time limit order book data transmitted from a stock exchange. CONSTITUTION: A market index estimation unit collects characteristics of changes of market indexes and estimates indexes in which traders are interested. A trading characteristic value estimation unit estimates indexes which enable a trader or a trading system to analyze levels and characters of techniques relevant to a change of a market. A display unit enables the trader to select an index the trader wants to watch in real time among the indexes of the market index estimation unit and the trading characteristic value estimation unit.

111. Server device and its information processing method

申请号: JP2006024713

申请日: 2006-02-01

公开（公告）号: JP2007206962A

公开（公告）日: 2007-08-16

发明人: TOYAMA SETSUO; ISHIDA MASAMI

<P>PROBLEM TO BE SOLVED: To provide a server device for achieving linked transaction without affecting a large number of orders. <P>SOLUTION: A link acceptance part receives linked orders and a conditional formula showing the agreeable status of the linked orders obtained by combining identification symbols for identifying those respective orders and conditional arithmetic formulas, and stores the conditional formula and linked cells in a link pallet. A link processing part registers the limit records of the plurality of linked cells of the link pallet in a limit table, and determines whether or not each of the plurality of linked cells and board cells are put in an agreeable status, and determines whether or not the conditional formula of the link pallet is satisfied. When the conditional formula is satisfied, the plurality of linked cells and the corresponding board cells are agreed, and when the conditional formula is not satisfied, the erasure of the limit records is instructed to a limit canceling part. A limit investigating part compares the price of the order with the price of the limit records, and determines whether or not the agreeable status fluctuates, and when the agreeable status does not fluctuate, the limit investigation part stores the orders in board information as board cells or linked cells, and when it fluctuates, stores the orders in the board information as special cells. <P>COPYRIGHT: (C)2007,JPO&INPIT

112. System and method of visual representation of stock exchange transactions

申请号: US12656234

申请日: 2010-01-21

公开（公告）号: US08694405B2

公开（公告）日: 2014-04-08

发明人: José Antonio Parga Landa

System and method of visual representation of stock exchange transactions which provide additional information for traders when it comes to taking buy/sell decisions for stocks, being oriented towards electronic stock exchange transactions. Specifically, the present invention is aimed at tools for trading of products that can be traded in terms of quantities and/or prices. The method is based on labeling each transaction with a label selected from between initiated buy transaction, when the execution price is equal to or greater than the sell limit price registered in the first sell level of the order book, and initiated sell transaction, when the execution price is equal to or lower than the buy limit price registered in the first buy level of the order book.

113. System and method of visual representation of stock exchange transactions

申请号: US12656234

申请日: 2010-01-21

公开（公告）号: US20110178950A1

公开（公告）日: 2011-07-21

发明人: José Antonio Parga Landa

System and method of visual representation of stock exchange transactions which provide additional information for traders when it comes to taking buy/sell decisions for stocks, being oriented towards electronic stock exchange transactions. Specifically, the present invention is aimed at tools for trading of products that can be traded in terms of quantities and/or prices. The method is based on labeling each transaction with a label selected from between initiated buy transaction, when the execution price is equal to or greater than the sell limit price registered in the first sell level of the order book, and initiated sell transaction, when the execution price is equal to or lower than the buy limit price registered in the first buy level of the order book.

114. System and Method for Improved Order Entry Using Market Depth

申请号: US13537662

申请日: 2012-06-29

公开（公告）号: US20120271750A1

公开（公告）日: 2012-10-25

发明人: Fred Monroe; Michael J. Burns; Scott F. Singer

Market depth information pertaining to the hedging side is utilized to intelligently break a non-hedging order into multiple orders, such that the orders rest at cascading price levels. This way, the trader can benefit from sweeps in the book and still properly account for the market depth on the hedging side. Further, there is a greater probability of receiving “partials” on the spread order. In addition, hedge orders may be sent at multiple price levels, or sent to the market in pieces over time. By applying a more intelligent process to hedge orders (as opposed to “fire and forget”) an alternative beyond limit orders that can be logged or market orders is provided.

115. Automated stock exchange

申请号: US418297

申请日: 1982-09-15

公开（公告）号: US4412287A

公开（公告）日: 1983-10-25

发明人: Walter D. Braddock, III

An automated stock exchange in which a computer matches buy and sell orders for a plurality of stocks. An open board simultaneous trading environment is simulated through two stages. The first stage is an order accumulation period which is continuously in operation except for one stock in the second stage. The second stage is an extremely rapid sequential call through. All orders for a given stock are available to customers during the first stage. During the second stage market orders are matched with market orders, then market orders are traded against limit orders as the trading price changes within controlled ranges. The system will also process stop orders, and other specialized transactions.

116. Joint purchase system of merchandise using network

申请号: JP2005193023

申请日: 2005-06-30

公开（公告）号: JP2007011789A

公开（公告）日: 2007-01-18

发明人: KAWAWAKI HIDEO

<P>PROBLEM TO BE SOLVED: To propose an ordering system in joint purchase that can lower a unit price without generating a loss from the difference of quotations on the exhibitor side. <P>SOLUTION: This joint purchase system comprises an order data table for storing purchase preference and the number of purchase preference in association with each other, and a condition table for storing the number of merchandise per lot as stepwise units in association with the selling unit price for every unit and storing the limit selling price which is the lowest price per one in one lot. The basic condition table is referred to, and the joint purchase start price is displayed on a terminal device of a purchase applicant. When one or more purchase preference information is received from the terminal device, a price table is referred to, and the selling unit prices corresponding to the total number of purchase preference when receiving the purchase preference are displayed on the terminal device. When the total number of purchase preference reaches the number per lot, acceptance of purchase preference information is terminated, and purchase at the limit selling price is determined to the purchase applicant at that point of time. <P>COPYRIGHT: (C)2007,JPO&INPIT

117. Securities transaction reception apparatus, and processing method and program for the same

申请号: JP2008254219

申请日: 2008-09-30

公开（公告）号: JP2010086255A

公开（公告）日: 2010-04-15

发明人: KATSUMATA MASANORI

PROBLEM TO BE SOLVED: To provide a securities transaction reception apparatus capable of considerably reducing erroneous order of securities transaction by users. SOLUTION: When designation of a transaction object brand of securities is received, information on a closing price on the previous day of the transaction object brand whose designation has been received, a price movement limit value, and a bidding price based on the closing price on the previous day is obtained and, on the basis of these pieces of information, an order condition drawing screen for receiving the input of a transaction order condition of the transaction object brand whose designation has been received on the basis of a figure, is generated. On the basis of the figure input in the order condition drawing screen and an order condition indicated by the figure in the order condition drawing screen, processing for generating order information is performed. COPYRIGHT: (C)2010,JPO&INPIT

118. METHOD AND SYSTEM FOR FACILITATING INTERNATIONAL SECURITIES TRADING

申请号: US12894445

申请日: 2010-09-30

公开（公告）号: US20110087582A1

公开（公告）日: 2011-04-14

发明人: James S. PAK; Matthew N. TRUDEAU

A method and a system for facilitating international securities trading include receiving market data specified in the local currency of a market center. The system includes a central platform that provides foreign executable currency quotes, which can be used to convert the market center's central limit order book into multiple foreign currencies. Orders specified in a foreign currency are converted to the local currency and placed with the market center. When two orders are matched, the system handles execution of a foreign exchange (FX) portion of the order based on the best FX quote provided by an FX liquidity provider, locked in at the time of receipt of the order.