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WO2002052369A3 - System and method for a universal trading platform - Google Patents

System and method for a universal trading platform Download PDF

Info

Publication number
WO2002052369A3
WO2002052369A3 PCT/US2001/046794 US0146794W WO02052369A3 WO 2002052369 A3 WO2002052369 A3 WO 2002052369A3 US 0146794 W US0146794 W US 0146794W WO 02052369 A3 WO02052369 A3 WO 02052369A3
Authority
WO
WIPO (PCT)
Prior art keywords
order
stop
limit
orders
processing module
Prior art date
Legal status (The legal status is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the status listed.)
Ceased
Application number
PCT/US2001/046794
Other languages
French (fr)
Other versions
WO2002052369A2 (en
Current Assignee (The listed assignees may be inaccurate. Google has not performed a legal analysis and makes no representation or warranty as to the accuracy of the list.)
FINANCIAL MARKETS SOLUTIONS Inc
FINANCIAL MARKETS SOLUTIONS IN
Original Assignee
FINANCIAL MARKETS SOLUTIONS Inc
FINANCIAL MARKETS SOLUTIONS IN
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by FINANCIAL MARKETS SOLUTIONS Inc, FINANCIAL MARKETS SOLUTIONS IN filed Critical FINANCIAL MARKETS SOLUTIONS Inc
Priority to AU2002246590A priority Critical patent/AU2002246590A1/en
Publication of WO2002052369A2 publication Critical patent/WO2002052369A2/en
Anticipated expiration legal-status Critical
Publication of WO2002052369A3 publication Critical patent/WO2002052369A3/en
Ceased legal-status Critical Current

Links

Classifications

    • GPHYSICS
    • G06COMPUTING OR CALCULATING; COUNTING
    • G06QINFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/04Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Landscapes

  • Business, Economics & Management (AREA)
  • Accounting & Taxation (AREA)
  • Finance (AREA)
  • Engineering & Computer Science (AREA)
  • Development Economics (AREA)
  • Economics (AREA)
  • Marketing (AREA)
  • Strategic Management (AREA)
  • Technology Law (AREA)
  • Physics & Mathematics (AREA)
  • General Business, Economics & Management (AREA)
  • General Physics & Mathematics (AREA)
  • Theoretical Computer Science (AREA)
  • Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)

Abstract

A system (Figure 1) for bringing separate pools of liquidity together to create a market over a communications network. A first processing module that receives a plurality of orders from users and compiles an overview of all of the plurality of orders. A second processing module that determines a best bid and a best offer from the plurality of orders. A third processing module that matches an order to one of the plurality of orders. A fourth processing module that determines whether the order satisfies one or more risk parameters before executing the order. A fifth module for matching a limit buy order related to a stop sell order, and a limit sell order related to stop buy order. If the limit buy order is related to a current market and a stop sell order is related to the current market, then a trade is executed between the limit buy order and the stop sell order. If the limit sell order is related to a current market and a stop buy order is related to the current market, then a trade is executed between the limit sell order and the stop but order.
PCT/US2001/046794 2000-11-08 2001-11-08 System and method for a universal trading platform Ceased WO2002052369A2 (en)

Priority Applications (1)

Application Number Priority Date Filing Date Title
AU2002246590A AU2002246590A1 (en) 2000-11-08 2001-11-08 System and method for a universal trading platform

Applications Claiming Priority (4)

Application Number Priority Date Filing Date Title
US24696500P 2000-11-08 2000-11-08
US24668500P 2000-11-08 2000-11-08
US60/246,965 2000-11-08
US60/246,685 2000-11-08

Publications (2)

Publication Number Publication Date
WO2002052369A2 WO2002052369A2 (en) 2002-07-04
WO2002052369A3 true WO2002052369A3 (en) 2004-01-08

Family

ID=26938146

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2001/046794 Ceased WO2002052369A2 (en) 2000-11-08 2001-11-08 System and method for a universal trading platform

Country Status (2)

Country Link
AU (1) AU2002246590A1 (en)
WO (1) WO2002052369A2 (en)

Families Citing this family (7)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US7882011B2 (en) 2000-10-31 2011-02-01 Integral Development Corp. Systems and methods of conducting financial transactions
US8862507B2 (en) 1999-06-14 2014-10-14 Integral Development Corporation System and method for conducting web-based financial transactions in capital markets
JP2003520366A (en) 1999-11-01 2003-07-02 インテグラル ディヴェロップメント コーポレイション System and method for conducting web-based financial transactions in a capital market
US11526940B2 (en) 2000-10-31 2022-12-13 Integral Development Corporation System and method for conducting web-based financial transactions in capital markets
US7702563B2 (en) * 2001-06-11 2010-04-20 Otc Online Partners Integrated electronic exchange of structured contracts with dynamic risk-based transaction permissioning
GB2417345A (en) 2004-08-13 2006-02-22 Ebs Group Ltd Automated trading system
JP7205614B2 (en) * 2019-03-07 2023-01-17 富士通株式会社 Trading program, trading method and trading device

Citations (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US4903201A (en) * 1983-11-03 1990-02-20 World Energy Exchange Corporation Automated futures trading exchange
WO2001007986A2 (en) * 1999-07-23 2001-02-01 Borkowski Joseph K System and method for managing swap orders
US6343278B1 (en) * 1998-09-04 2002-01-29 Ebs Dealing Resources, Inc. Combined order limit for a group of related transactions in an automated dealing system
US20020032632A1 (en) * 1999-12-07 2002-03-14 Pierre Sernet Online commodities trading system with anonymous counter bid/offer function

Patent Citations (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US4903201A (en) * 1983-11-03 1990-02-20 World Energy Exchange Corporation Automated futures trading exchange
US6343278B1 (en) * 1998-09-04 2002-01-29 Ebs Dealing Resources, Inc. Combined order limit for a group of related transactions in an automated dealing system
WO2001007986A2 (en) * 1999-07-23 2001-02-01 Borkowski Joseph K System and method for managing swap orders
US20020032632A1 (en) * 1999-12-07 2002-03-14 Pierre Sernet Online commodities trading system with anonymous counter bid/offer function

Also Published As

Publication number Publication date
AU2002246590A1 (en) 2002-07-08
WO2002052369A2 (en) 2002-07-04

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