发明名称 |
TECHNIQUES FOR AUTOMATED CALL CROSS TRADE IMBALANCE EXECUTION |
摘要 |
Various embodiments are generally directed to techniques for automated call cross trade imbalance execution. Techniques described herein may provide an automated crossing solution for buy-side clients that limits position information to banks and individuals prior to setting a benchmark rate for foreign exchange. In some embodiments, clients may roll forward spot trades with a chosen counterparty bank, which is then sent to a centralized, automated, bank platform. Techniques described herein may offer a multi-bank platform solution that accepts trades, validates trades, performs credit checks, and executes trades in a manner that limits knowledge of position information prior to setting a benchmark rate. Further, proposed techniques include determining a trade imbalance and automatically executing the determined trade imbalance in a manner such that market impact is minimalized. In some embodiments, trade imbalances may be calculated on a bank-by-bank basis, thus allowing each bank to execute its own trade imbalance. Other embodiments are described. |
申请公布号 |
WO2015148564(A1) |
申请公布日期 |
2015.10.01 |
申请号 |
WO2015US22324 |
申请日期 |
2015.03.24 |
申请人 |
STATE STREET BANK AND TRUST;MCKENZIE, ALAN, F.;LOWRY, CHIP, E.;SNYDER, MARK;BHAT, HARSHA |
发明人 |
MCKENZIE, ALAN, F.;LOWRY, CHIP, E.;SNYDER, MARK;BHAT, HARSHA |
分类号 |
G06Q40/02;G06Q40/04;G06Q40/06 |
主分类号 |
G06Q40/02 |
代理机构 |
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代理人 |
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主权项 |
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地址 |
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