WO2005013104A3 - System and method for improved electronic trading - Google Patents

System and method for improved electronic trading Download PDF

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Publication number
WO2005013104A3
WO2005013104A3 PCT/US2004/025543 US2004025543W WO2005013104A3 WO 2005013104 A3 WO2005013104 A3 WO 2005013104A3 US 2004025543 W US2004025543 W US 2004025543W WO 2005013104 A3 WO2005013104 A3 WO 2005013104A3
Authority
WO
WIPO (PCT)
Prior art keywords
market
trader
behalf
external
electronic
Prior art date
Application number
PCT/US2004/025543
Other languages
French (fr)
Other versions
WO2005013104A2 (en
Inventor
Fred Monroe
Harris C Brumfield
Original Assignee
Trading Technologies Int Inc
Fred Monroe
Harris C Brumfield
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 Trading Technologies Int Inc, Fred Monroe, Harris C Brumfield filed Critical Trading Technologies Int Inc
Priority to CA002533782A priority Critical patent/CA2533782A1/en
Priority to EP04780385A priority patent/EP1649418A4/en
Publication of WO2005013104A2 publication Critical patent/WO2005013104A2/en
Publication of WO2005013104A3 publication Critical patent/WO2005013104A3/en

Links

Classifications

    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION 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
    • G06Q40/00Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/04Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION 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
    • G06Q20/00Payment architectures, schemes or protocols
    • G06Q20/08Payment architectures
    • G06Q20/10Payment architectures specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems

Abstract

A system and method is described herein for an exchange to act based on a market event on behalf of a trader. According to one aspect, a first electronic market can send orders to and/or manage orders at a second electronic market based on an internal and/or external market event on behalf of a trader. According to another aspect, an electronic market may manage orders in its own market based on an external market event on behalf of a trader. In particular, a trader, and exchange, or some other party can define an internal or external market event that comprises a condition and an action. Upon receiving internal and/or external information, when the market event condition is satisfied, the electronic market performs the action associated with the condition. An advantage, among many others, of the present embodiments is that it makes internal and external market influences and conditions visible to electronic markets to facilitate trading on behalf of a trader.
PCT/US2004/025543 2003-07-28 2004-07-27 System and method for improved electronic trading WO2005013104A2 (en)

Priority Applications (2)

Application Number Priority Date Filing Date Title
CA002533782A CA2533782A1 (en) 2003-07-28 2004-07-27 System and method for improved electronic trading
EP04780385A EP1649418A4 (en) 2003-07-28 2004-07-27 System and method for improved electronic trading

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US10/628,631 US7756782B2 (en) 2003-07-28 2003-07-28 System and method for improved electronic trading
US10/628,631 2003-07-28

Publications (2)

Publication Number Publication Date
WO2005013104A2 WO2005013104A2 (en) 2005-02-10
WO2005013104A3 true WO2005013104A3 (en) 2005-07-21

Family

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Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2004/025543 WO2005013104A2 (en) 2003-07-28 2004-07-27 System and method for improved electronic trading

Country Status (4)

Country Link
US (3) US7756782B2 (en)
EP (1) EP1649418A4 (en)
CA (1) CA2533782A1 (en)
WO (1) WO2005013104A2 (en)

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Also Published As

Publication number Publication date
US20060259400A1 (en) 2006-11-16
EP1649418A4 (en) 2009-02-04
CA2533782A1 (en) 2005-02-10
US7908213B2 (en) 2011-03-15
US20050027635A1 (en) 2005-02-03
WO2005013104A2 (en) 2005-02-10
US7756782B2 (en) 2010-07-13
EP1649418A2 (en) 2006-04-26
US20060259403A1 (en) 2006-11-16

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