Utilizing a trigger order with multiple counterparties in implied market trading
US8417618B2 · kind B2 · utility
26Cited by
37References
22Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Sep 3, 2009 |
| Grant date | Apr 9, 2013 |
| Priority date | — |
| Expiry date | Sep 23, 2031 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/04
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
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. Calculating tradable combinations or cycles for certain strategies becomes complex. Strategies that utilize legs having different volume ratios may form tradable combinations that will traverse a trigger order more than one time.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.