WO2002027423A3 - Real-time trading system - Google Patents

Real-time trading system Download PDF

Info

Publication number
WO2002027423A3
WO2002027423A3 PCT/IB2001/002249 IB0102249W WO0227423A3 WO 2002027423 A3 WO2002027423 A3 WO 2002027423A3 IB 0102249 W IB0102249 W IB 0102249W WO 0227423 A3 WO0227423 A3 WO 0227423A3
Authority
WO
WIPO (PCT)
Prior art keywords
quotes
dealing
real
time trading
trading system
Prior art date
Application number
PCT/IB2001/002249
Other languages
French (fr)
Other versions
WO2002027423A2 (en
Inventor
Charles Mulinder
Markus Reichenbach
Clyde L Dawson
Roland Egli
Chris Bruner
Hiren Parikh
Original Assignee
Ubs Ag
Hiren Parikh
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 Ubs Ag, Hiren Parikh filed Critical Ubs Ag
Priority to AU2002223957A priority Critical patent/AU2002223957A1/en
Priority to EP01985765A priority patent/EP1332459A4/en
Publication of WO2002027423A2 publication Critical patent/WO2002027423A2/en
Publication of WO2002027423A3 publication Critical patent/WO2002027423A3/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION 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
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/08—Insurance
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION 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
    • G06Q30/00—Commerce
    • G06Q30/06—Buying, selling or leasing transactions
    • G06Q30/0601—Electronic shopping [e-shopping]
    • G06Q30/0605—Supply or demand aggregation
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION 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
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION 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
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/04—Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION 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
    • G06Q50/00—Systems or methods specially adapted for specific business sectors, e.g. utilities or tourism
    • G06Q50/10—Services
    • G06Q50/18—Legal services; Handling legal documents
    • G06Q50/188—Electronic negotiation

Abstract

A method and system is provided for managing risk associated with providing real-time trading services and includes the step of providing a plurality of dealing quotes wherein each of the plurality of dealing quotes having a duration. Next, an exposure associated with each of the dealing quotes during said respective durations is calculated (71). Next, a total exposure based on the exposures for all of the dealing quotes that have not expired is calculated (72). Finally, future dealing quotes are adjusted based on the total exposure (73).
PCT/IB2001/002249 2000-09-28 2001-09-26 Real-time trading system WO2002027423A2 (en)

Priority Applications (2)

Application Number Priority Date Filing Date Title
AU2002223957A AU2002223957A1 (en) 2000-09-28 2001-09-26 Real-time trading system
EP01985765A EP1332459A4 (en) 2000-09-28 2001-09-26 Real-time trading system

Applications Claiming Priority (4)

Application Number Priority Date Filing Date Title
US23624800P 2000-09-28 2000-09-28
US60/236,248 2000-09-28
US28628401P 2001-04-25 2001-04-25
US60/286,284 2001-04-25

Publications (2)

Publication Number Publication Date
WO2002027423A2 WO2002027423A2 (en) 2002-04-04
WO2002027423A3 true WO2002027423A3 (en) 2002-12-05

Family

ID=26929589

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/IB2001/002249 WO2002027423A2 (en) 2000-09-28 2001-09-26 Real-time trading system

Country Status (4)

Country Link
US (1) US7340430B2 (en)
EP (1) EP1332459A4 (en)
AU (1) AU2002223957A1 (en)
WO (1) WO2002027423A2 (en)

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Also Published As

Publication number Publication date
US20020073018A1 (en) 2002-06-13
US7340430B2 (en) 2008-03-04
AU2002223957A1 (en) 2002-04-08
EP1332459A2 (en) 2003-08-06
EP1332459A4 (en) 2007-08-08
WO2002027423A2 (en) 2002-04-04

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