WO2007019403A3 - System for replenishing quantities of trading orders - Google Patents

System for replenishing quantities of trading orders Download PDF

Info

Publication number
WO2007019403A3
WO2007019403A3 PCT/US2006/030637 US2006030637W WO2007019403A3 WO 2007019403 A3 WO2007019403 A3 WO 2007019403A3 US 2006030637 W US2006030637 W US 2006030637W WO 2007019403 A3 WO2007019403 A3 WO 2007019403A3
Authority
WO
WIPO (PCT)
Prior art keywords
processor
trading orders
determined
replenishing
displayed
Prior art date
Application number
PCT/US2006/030637
Other languages
French (fr)
Other versions
WO2007019403A2 (en
Inventor
Matthew W Claus
Kevin M Foley
Joseph C Noviello
Howard W Lutnick
Original Assignee
Espeed Inc
Matthew W Claus
Kevin M Foley
Joseph C Noviello
Howard W Lutnick
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 Espeed Inc, Matthew W Claus, Kevin M Foley, Joseph C Noviello, Howard W Lutnick filed Critical Espeed Inc
Priority to CA2620184A priority Critical patent/CA2620184C/en
Priority to AU2006278383A priority patent/AU2006278383B2/en
Priority to JP2008525267A priority patent/JP2009503753A/en
Priority to EP20060789489 priority patent/EP1927075A4/en
Publication of WO2007019403A2 publication Critical patent/WO2007019403A2/en
Publication of WO2007019403A3 publication Critical patent/WO2007019403A3/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
    • G06Q40/04—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
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes

Landscapes

  • Business, Economics & Management (AREA)
  • Engineering & Computer Science (AREA)
  • Accounting & Taxation (AREA)
  • Finance (AREA)
  • Technology Law (AREA)
  • Economics (AREA)
  • Marketing (AREA)
  • Strategic Management (AREA)
  • Development Economics (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)
  • Management, Administration, Business Operations System, And Electronic Commerce (AREA)
  • Cash Registers Or Receiving Machines (AREA)

Abstract

A system for replenishing trading orders comprises a memory coupled to a processor. The memory stores a trading order comprising a total quantity of a product, and at least one formula to determine a displayed quantity for the trading order. The processor applies the formula to determine the displayed quantity. The processor further determines a reserved quantity based on the determined displayed quantity and the total quantity. The processor communicates the trading order having the determined displayed quantity and the determined reserved quantity.
PCT/US2006/030637 2005-08-04 2006-08-04 System for replenishing quantities of trading orders WO2007019403A2 (en)

Priority Applications (4)

Application Number Priority Date Filing Date Title
CA2620184A CA2620184C (en) 2005-08-04 2006-08-04 System for replenishing quantities of trading orders
AU2006278383A AU2006278383B2 (en) 2005-08-04 2006-08-04 System for replenishing quantities of trading orders
JP2008525267A JP2009503753A (en) 2005-08-04 2006-08-04 A system to replenish trade order quantities
EP20060789489 EP1927075A4 (en) 2005-08-04 2006-08-04 System for replenishing quantities of trading orders

Applications Claiming Priority (4)

Application Number Priority Date Filing Date Title
US70578205P 2005-08-04 2005-08-04
US60/705,782 2005-08-04
US11/499,830 US7644031B2 (en) 2005-08-04 2006-08-03 System and method for replenishing quantities of trading orders
US11/499,830 2006-08-03

Publications (2)

Publication Number Publication Date
WO2007019403A2 WO2007019403A2 (en) 2007-02-15
WO2007019403A3 true WO2007019403A3 (en) 2007-05-31

Family

ID=37727957

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2006/030637 WO2007019403A2 (en) 2005-08-04 2006-08-04 System for replenishing quantities of trading orders

Country Status (6)

Country Link
US (4) US7644031B2 (en)
EP (1) EP1927075A4 (en)
JP (1) JP2009503753A (en)
AU (1) AU2006278383B2 (en)
CA (1) CA2620184C (en)
WO (1) WO2007019403A2 (en)

Families Citing this family (6)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US7644031B2 (en) * 2005-08-04 2010-01-05 Bgc Partners, Inc. System and method for replenishing quantities of trading orders
US7774261B1 (en) * 2005-09-30 2010-08-10 Trading Technologies International, Inc. System and method for use of fractional pay-up ticks in relation to trading strategies in an electronic trading environment
US7747498B2 (en) 2008-04-21 2010-06-29 Bgc Partners, Inc. Trading orders with decaying reserves
US7716122B2 (en) 2008-04-21 2010-05-11 Bgc Partners, Inc. Apparatus and methods for managing trading orders with decaying reserves
US11288745B2 (en) 2008-04-21 2022-03-29 Bgc Partners, Inc. Trading orders with decaying reserves
CN111242728B (en) * 2020-01-07 2023-05-30 广东爱码科技股份有限公司 High-speed rail catering transaction processing method, device, computer equipment and storage medium

Citations (6)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US6401080B1 (en) * 1997-03-21 2002-06-04 International Business Machines Corporation Intelligent agent with negotiation capability and method of negotiation therewith
US20020178099A1 (en) * 2001-05-25 2002-11-28 Shayne Young Methods and systems for managing a portfolio of securities
US20030126065A1 (en) * 1999-09-23 2003-07-03 Eng Yek Kwong Order price threshold for automated market system
US20040177024A1 (en) * 2003-03-03 2004-09-09 Tomas Bok Dynamic aggressive/passive pegged trading
US20050102219A1 (en) * 2003-10-09 2005-05-12 Duvacy Ltd Computer implemented trading system
US20050137962A1 (en) * 2003-11-26 2005-06-23 Neill Penney Quick-filling customer asset trading system

Family Cites Families (58)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US5797002A (en) 1994-09-20 1998-08-18 Papyrus Technology Corp. Two-way wireless system for financial industry transactions
DE69630456T2 (en) * 1995-08-28 2004-07-29 Ebs Dealing Resources, Inc. ANONYMOUS EXCHANGE TRADING SYSTEM WITH IMPROVED ENTRY POSSIBILITIES FOR QUOTAS
US6505174B1 (en) * 1996-03-25 2003-01-07 Hsx, Inc. Computer-implemented securities trading system with a virtual specialist function
US6061663A (en) * 1998-04-21 2000-05-09 The Nasdaq Stock Market, Inc. Index rebalancing
EP1131764A2 (en) 1998-10-30 2001-09-12 OptiMark, Inc. Crossing network and method
US7020632B1 (en) 1999-01-11 2006-03-28 Lawrence Kohls Trading system for fixed-value contracts
JP2000353196A (en) * 1999-06-11 2000-12-19 Nomura Securities Co Ltd Security trade aiding system
US6418419B1 (en) 1999-07-23 2002-07-09 5Th Market, Inc. Automated system for conditional order transactions in securities or other items in commerce
US7035819B1 (en) 1999-09-24 2006-04-25 D.E. Shaw & Company Method and system for facilitating automated interaction of marketable retail orders and professional trading interest at passively determined prices
US7130815B1 (en) * 1999-11-16 2006-10-31 Softface, Inc. (A Subsidiary Of Ariba, Inc.) Method and system for conducting reserve request reverse auctions for electronic commerce
JP4831555B2 (en) * 1999-11-18 2011-12-07 シェアビルダー コーポレイション Method and apparatus for counting securities brokerage services
AU7684400A (en) * 2000-01-27 2001-08-07 Softbank Frontier Securities Co., Ltd. Commerce information processor, commerce terminal, commerce information processing method, and recorded medium
US7162447B1 (en) * 2000-02-02 2007-01-09 Itg Software Solutions, Inc. Method and system for obtaining a discovered price
US7127424B2 (en) * 2000-03-02 2006-10-24 Trading Technologies International, Inc. Click based trading with intuitive grid display of market depth and price consolidation
US8799138B2 (en) * 2000-04-10 2014-08-05 Stikine Technology, Llc Routing control for orders eligible for multiple markets
US7685052B2 (en) * 2000-06-01 2010-03-23 Pipeline Financial Group, Inc. Confidential block trading system and method
US20020077962A1 (en) * 2000-08-31 2002-06-20 Donato John O. Trading system and method
SG10201808933VA (en) 2000-10-06 2018-11-29 Trading Technologies Int Inc Trading with display of market depth and price
US20020087451A1 (en) * 2000-12-28 2002-07-04 Rieger David A. Security inquiry management techniques
US8036969B2 (en) * 2001-02-28 2011-10-11 Goldman Sachs & Co. Basket option hedging method
JP2002259761A (en) * 2001-03-01 2002-09-13 Ntt Docomo Inc Merchandise ordering device, merchandise ordering method, merchandise ordering program and merchandise ordering program storage medium
US6983260B2 (en) * 2001-04-06 2006-01-03 Omx Technology Ab Automated exchange system for trading orders having a hidden volume
US7822672B2 (en) * 2001-04-20 2010-10-26 Bloomberg L.P. Price change of orders from reserve in an electronic trading system
GB0110249D0 (en) * 2001-04-26 2001-06-20 Barings Ltd Ing Method of and apparatus for automatically pricing a commodity
US7409367B2 (en) 2001-05-04 2008-08-05 Delta Rangers Inc. Derivative securities and system for trading same
US7797221B2 (en) * 2001-11-14 2010-09-14 The Nasdaq Omx Group, Inc. Proprietary quote data
US7565313B2 (en) * 2001-12-05 2009-07-21 Pipeline Financial Group, Inc. Method and system for managing distributed trading data
JP2003281369A (en) * 2002-03-26 2003-10-03 Nomura Securities Co Ltd Trade planning device and automatic trading system
US7096519B2 (en) * 2002-06-07 2006-08-29 Susan Ferreri Shelf for shower enclosure
KR100450234B1 (en) * 2002-07-10 2004-09-24 주식회사 엘지화학 Catalytic oxidation reactor with enhanced heat exchanging system
US8041622B1 (en) * 2002-11-26 2011-10-18 Trading Technologies International Inc. System and method for randomizing orders in an electronic trading environment
US7769668B2 (en) 2002-12-09 2010-08-03 Sam Balabon System and method for facilitating trading of financial instruments
US8484121B2 (en) * 2002-12-09 2013-07-09 Sam Balabon System and method for execution delayed trading
US7693775B2 (en) * 2003-01-21 2010-04-06 Lavaflow, Inc. Automated system for routing orders for financial instruments based upon undisclosed liquidity
US7152041B2 (en) * 2003-03-10 2006-12-19 Chicago Mercantile Exchange, Inc. Derivatives trading methods that use a variable order price
US7827089B2 (en) 2003-03-24 2010-11-02 Bgc Partners, Inc. Systems and methods for trading at a price within a spread market
US7613650B2 (en) 2003-04-24 2009-11-03 Chicago Board Options Exchange, Incorporated Hybrid trading system for concurrently trading securities or derivatives through both electronic and open-outcry trading mechanisms
US7774247B2 (en) * 2003-06-30 2010-08-10 Bloomberg L.P. Computer trading of interests
US7702568B1 (en) 2003-09-22 2010-04-20 Trading Technologies International, Inc. System and method for icon oriented representation of trading strategies
JP2005100098A (en) * 2003-09-25 2005-04-14 Nomura Securities Co Ltd Pair trade system
US7584139B2 (en) 2003-11-18 2009-09-01 The Debt Exchange, Inc. Systems and methods for trading and originating financial products using a computer network
US20060136318A1 (en) 2004-01-21 2006-06-22 Lava Trading Inc. Automated system for routing orders for financial instruments
EP1738321A4 (en) 2004-04-01 2009-01-21 Waverules Llc Systems and methods of electronic trading using automatic book updates
US20080162378A1 (en) 2004-07-12 2008-07-03 Rosenthal Collins Group, L.L.C. Method and system for displaying a current market depth position of an electronic trade on a graphical user interface
US7742974B2 (en) 2004-10-18 2010-06-22 Trading Technologies International Inc. Flexible system and method for electronic trading
US20060224491A1 (en) 2005-04-01 2006-10-05 De Novo Markets Limited Trading and settling enhancements to the standard electronic futures exchange market model leading to novel derivatives including on exchange ISDA type credit derivatives and entirely new recovery products including novel options on these
AU2006244483B2 (en) * 2005-05-05 2012-05-31 Nyse Group, Inc. Tracking liquidity order
AU2006244566A1 (en) * 2005-05-06 2006-11-16 Archipelago Holdings, Inc. Passive liquidity order
US7805358B2 (en) 2005-07-29 2010-09-28 Bgc Partners, Inc. System and method for limiting aggressive trading in a electronic trading system
US7644031B2 (en) * 2005-08-04 2010-01-05 Bgc Partners, Inc. System and method for replenishing quantities of trading orders
US8484122B2 (en) 2005-08-04 2013-07-09 Bgc Partners, Inc. System and method for apportioning trading orders based on size of displayed quantities
US8494951B2 (en) 2005-08-05 2013-07-23 Bgc Partners, Inc. Matching of trading orders based on priority
US11887188B2 (en) 2005-10-10 2024-01-30 Nyse Group, Inc. System and method for discretionary broker quotes and pegged broker quotes
US20070244792A1 (en) 2006-04-13 2007-10-18 Gl Trade Americas Inc. Execution monitoring system for financial instruments
US9799072B2 (en) 2006-07-28 2017-10-24 Nyse Group, Inc. Enhanced quote and order integration system and method
US20090018944A1 (en) 2007-07-13 2009-01-15 Omx Technology Ab Method and system for trading
US7716122B2 (en) * 2008-04-21 2010-05-11 Bgc Partners, Inc. Apparatus and methods for managing trading orders with decaying reserves
US7747498B2 (en) * 2008-04-21 2010-06-29 Bgc Partners, Inc. Trading orders with decaying reserves

Patent Citations (6)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US6401080B1 (en) * 1997-03-21 2002-06-04 International Business Machines Corporation Intelligent agent with negotiation capability and method of negotiation therewith
US20030126065A1 (en) * 1999-09-23 2003-07-03 Eng Yek Kwong Order price threshold for automated market system
US20020178099A1 (en) * 2001-05-25 2002-11-28 Shayne Young Methods and systems for managing a portfolio of securities
US20040177024A1 (en) * 2003-03-03 2004-09-09 Tomas Bok Dynamic aggressive/passive pegged trading
US20050102219A1 (en) * 2003-10-09 2005-05-12 Duvacy Ltd Computer implemented trading system
US20050137962A1 (en) * 2003-11-26 2005-06-23 Neill Penney Quick-filling customer asset trading system

Also Published As

Publication number Publication date
EP1927075A2 (en) 2008-06-04
US20070130049A1 (en) 2007-06-07
CA2620184A1 (en) 2007-02-15
US20190347731A1 (en) 2019-11-14
EP1927075A4 (en) 2010-08-04
JP2009503753A (en) 2009-01-29
CA2620184C (en) 2015-12-22
US7644031B2 (en) 2010-01-05
US20140372276A1 (en) 2014-12-18
US20100106637A1 (en) 2010-04-29
AU2006278383B2 (en) 2011-04-07
AU2006278383A1 (en) 2007-02-15
US8706605B2 (en) 2014-04-22
WO2007019403A2 (en) 2007-02-15

Similar Documents

Publication Publication Date Title
WO2007019402A3 (en) System for apportioning trading orders based on size of displayed quantities
WO2005072451A3 (en) System and method for routing a trading order
WO2006096768A3 (en) Enhanced online advertising system
WO2005074563A3 (en) System for inventory management
WO2007019403A3 (en) System for replenishing quantities of trading orders
WO2007016459A3 (en) System and method for using trader lists in an electronic trading system to route a trading order with a reserved size
WO2006105090A3 (en) System and method for managing trading between related entities
WO2007100439A3 (en) Method of auditing inventory
WO2006127545A3 (en) System for automatically distributing a trading order over a range of prices
WO2009032942A3 (en) Systems and methods for providing dynamic ingredient matrix reconfiguration in a product dispenser
WO2007087052A3 (en) Clickable map interface
WO2008036116A3 (en) Virtual view schematic editor
WO2007078389A3 (en) Heuristic supply chain modeling method and system
WO2009015391A3 (en) Block trading system and method providing price improvement to aggressive orders
WO2005041151A3 (en) Tobacco product labeling system
WO2006091879A3 (en) Method for providing reduced cost imaging to customers
WO2006058156A3 (en) Buy-side order processing method and system
WO2006132690A3 (en) Systems and methods for sensing patient temperature in temperature management system
WO2006053151A3 (en) System and method for valuing stocks
WO2007011712A3 (en) Intuitive trading system and interface
WO2009026137A3 (en) Flexible online travel reward dual model
WO2008093248A3 (en) Packaged tobacco product storage system
WO2008154459A3 (en) Retail derivative financial products
WO2008057808A3 (en) Power theft detection system and method
WO2008076204A3 (en) Managing system stability in a data storage system

Legal Events

Date Code Title Description
121 Ep: the epo has been informed by wipo that ep was designated in this application
ENP Entry into the national phase

Ref document number: 2620184

Country of ref document: CA

WWE Wipo information: entry into national phase

Ref document number: 2008525267

Country of ref document: JP

NENP Non-entry into the national phase

Ref country code: DE

WWE Wipo information: entry into national phase

Ref document number: 2006278383

Country of ref document: AU

ENP Entry into the national phase

Ref document number: 2006278383

Country of ref document: AU

Date of ref document: 20060804

Kind code of ref document: A

WWE Wipo information: entry into national phase

Ref document number: 2006789489

Country of ref document: EP