Invention Grant
US08417618B2 Utilizing a trigger order with multiple counterparties in implied market trading
有权
在隐含的市场交易中利用多个交易对手触发订单
- Patent Title: Utilizing a trigger order with multiple counterparties in implied market trading
- Patent Title (中): 在隐含的市场交易中利用多个交易对手触发订单
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Application No.: US12553351Application Date: 2009-09-03
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Publication No.: US08417618B2Publication Date: 2013-04-09
- Inventor: Andrew Milne , Aleksandr Sedlin
- Applicant: Andrew Milne , Aleksandr Sedlin
- Applicant Address: US IL Chicago
- Assignee: Chicago Mercantile Exchange Inc.
- Current Assignee: Chicago Mercantile Exchange Inc.
- Current Assignee Address: US IL Chicago
- Agency: Lempia Summerfield Katz LLC
- Main IPC: G06Q40/00
- IPC: G06Q40/00

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.
Public/Granted literature
- US20110055067A1 UTILIZING A TRIGGER ORDER WITH MULTIPLE COUNTERPARTIES IN IMPLIED MARKET TRADING Public/Granted day:2011-03-03
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