WO2005048061A3 - An aggregated trading system - Google Patents

An aggregated trading system Download PDF

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Publication number
WO2005048061A3
WO2005048061A3 PCT/US2004/037215 US2004037215W WO2005048061A3 WO 2005048061 A3 WO2005048061 A3 WO 2005048061A3 US 2004037215 W US2004037215 W US 2004037215W WO 2005048061 A3 WO2005048061 A3 WO 2005048061A3
Authority
WO
WIPO (PCT)
Prior art keywords
trading system
bids
offers
electronic exchanges
exchanges
Prior art date
Application number
PCT/US2004/037215
Other languages
French (fr)
Other versions
WO2005048061A2 (en
Inventor
Michael J Burns
Fred Monroe
Original Assignee
Trading Technologies Int Inc
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 filed Critical Trading Technologies Int Inc
Priority to EP04818653A priority Critical patent/EP1683099A4/en
Priority to CA2541215A priority patent/CA2541215C/en
Publication of WO2005048061A2 publication Critical patent/WO2005048061A2/en
Publication of WO2005048061A3 publication Critical patent/WO2005048061A3/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
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/38—Payment protocols; Details thereof
    • G06Q20/382—Payment protocols; Details thereof insuring higher security of transaction
    • 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
    • G06Q40/03—Credit; Loans; Processing thereof

Abstract

A trading system is described herein for hosting a collection of one or more electronic exchanges. The collection of electronic exchanges may be made up of separately designated exchanges under one or more authorizing and regulating bodies. The trading system receives from traders bids to purchase and offers to sell a tradeable object listed at one of the electronic exchanges. Then, the trading system directs the bids and offers to the appropriate exchange where the bids and offers may be automatically matched in the corresponding market. The trading system may also be used to take actions in one or more markets that are internal and external to the trading system on behalf of a trader using preprogrammed trading instructions.
PCT/US2004/037215 2003-11-06 2004-11-05 An aggregated trading system WO2005048061A2 (en)

Priority Applications (2)

Application Number Priority Date Filing Date Title
EP04818653A EP1683099A4 (en) 2003-11-06 2004-11-05 An aggregated trading system
CA2541215A CA2541215C (en) 2003-11-06 2004-11-05 An aggregated trading system

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US10/702,288 US7539640B2 (en) 2003-11-06 2003-11-06 Aggregated trading system
US10/702,288 2003-11-06

Publications (2)

Publication Number Publication Date
WO2005048061A2 WO2005048061A2 (en) 2005-05-26
WO2005048061A3 true WO2005048061A3 (en) 2006-04-06

Family

ID=34551635

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2004/037215 WO2005048061A2 (en) 2003-11-06 2004-11-05 An aggregated trading system

Country Status (4)

Country Link
US (9) US7539640B2 (en)
EP (1) EP1683099A4 (en)
CA (1) CA2541215C (en)
WO (1) WO2005048061A2 (en)

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Also Published As

Publication number Publication date
US8326741B2 (en) 2012-12-04
US20100325034A1 (en) 2010-12-23
US20120101935A1 (en) 2012-04-26
US11449933B2 (en) 2022-09-20
US7539640B2 (en) 2009-05-26
US20220383414A1 (en) 2022-12-01
US7801806B2 (en) 2010-09-21
CA2541215C (en) 2018-08-21
US8112351B2 (en) 2012-02-07
US20130054446A1 (en) 2013-02-28
US20090228390A1 (en) 2009-09-10
EP1683099A2 (en) 2006-07-26
CA2541215A1 (en) 2005-05-26
US8639612B2 (en) 2014-01-28
US20050102217A1 (en) 2005-05-12
WO2005048061A2 (en) 2005-05-26
US20130198055A1 (en) 2013-08-01
EP1683099A4 (en) 2009-07-15
US7555457B2 (en) 2009-06-30
US8429066B2 (en) 2013-04-23
US20140172673A1 (en) 2014-06-19
US20060253377A1 (en) 2006-11-09

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