Customizable exchange-traded contracts
US11645714B1 · kind B1 · utility
Assignee
Inventor
Key dates
| Filing date | Aug 10, 2021 |
| Grant date | May 9, 2023 |
| Priority date | — |
| Expiry date | Nov 5, 2041 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0621
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method for trading a financial instrument via an exchange computing system includes receiving, from a user interface, data indicative of an order to trade the financial instrument, and one or more parameter values to customize parameters for the order, the parameters including at least one of a price, a quantity, an expiration time, a settlement time, an order type, a product type, a strategy identification, hedge information, an equity, and an index. The method includes adding one or more legs to the order, transmitting a request for clearing information associated with the one or more legs, receiving, from the user interface, data indicative of the clearing information including a matching level and a contra party, configuring the order, and executing the order by matching the order to an offer that satisfies the parameter values and the clearing information.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.