Opening cross in electronic market
    1.
    发明申请
    Opening cross in electronic market 有权
    在电子市场开幕

    公开(公告)号:US20060206404A1

    公开(公告)日:2006-09-14

    申请号:US11077503

    申请日:2005-03-09

    IPC分类号: G06Q40/00

    摘要: A method, executed in a computer system, for opening an electronic market for trading of a security is described. The method includes receiving by the computer system eligible orders and quotes for the security traded in the electronic market and disseminating an order imbalance indicator indicative of predicted trading characteristics of the security at the open of trading. The method also includes determining by the computer system a price or prices at which the maximum shares would be executed and determining which price would minimize any imbalance of eligible orders and executing at least some of the eligible orders at the determined opening price.

    摘要翻译: 描述了在计算机系统中执行的用于打开用于交易安全性的电子市场的方法。 该方法包括由计算机系统接收电子市场上交易的证券的符合条件的订单和报价,并传播指示交易开放时证券预期交易特征的订单不平衡指标。 该方法还包括由计算机系统确定将执行最大股份的价格或价格,并确定哪个价格将使合格订单的任何不平衡最小化,并以确定的开盘价执行至少一些符合条件的订单。

    Closing in an electronic market
    2.
    发明申请
    Closing in an electronic market 有权
    关闭电子市场

    公开(公告)号:US20050283421A1

    公开(公告)日:2005-12-22

    申请号:US10835510

    申请日:2004-04-28

    IPC分类号: G06F17/60

    CPC分类号: G06Q40/04 G06Q40/12

    摘要: A method for trading a security in an electronic market includes receiving closing orders and orders for the security traded in the electronic market, disseminating an order imbalance indicator indicative of predicted trading characteristics of the security at the close of trading, determining a closing price for the security based on the closing orders and orders, and executing at least some of the closing orders at the determined closing price.

    摘要翻译: 用于交易电子市场中的证券的方法包括接收关于在电子市场交易的证券的结算单和订单,传播指示在交易结束时证券的预测交易特征的订单不平衡指标,确定交易的收盘价 基于收盘单和订单的安全性,并以确定的收盘价执行至少一些收盘单。