发明名称 System and Method for Optimizing Order Placement in an Order Queue in an Electronic Trading Environment
摘要 Systems and methods for optimizing order placement in an electronic trading environment are provided. Global queue holder orders are placed in a tradeable object to reserve quantity for traders. Traders may submit order requests for quantity at price levels at which a global queue holder order is holding quantity. When a trader submits an order for a quantity at a price level at which quantity is being held, a gateway compares the order to the global queue holder order information stored in a database. If the trader's order coincides with a price level at which quantity is held, then the gateway virtually transfers ownership of that quantity to the trader, who then assumes the advantageous queue position. When the quantity associated with the order is filled, the fill information is sent to the gateway, which to the database to determine which trader is associated with the filled order quantity.
申请公布号 US2012284171(A1) 申请公布日期 2012.11.08
申请号 US201213553985 申请日期 2012.07.20
申请人 PRYBELL RICHARD A.;LEVENBERG PETER A.;TRADING TECHNOLOGIES INTERNATIONAL INC. 发明人 PRYBELL RICHARD A.;LEVENBERG PETER A.
分类号 G06Q40/04 主分类号 G06Q40/04
代理机构 代理人
主权项
地址