WO2002025399A3 - Margin protocol for an electronic-based market - Google Patents

Margin protocol for an electronic-based market Download PDF

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Publication number
WO2002025399A3
WO2002025399A3 PCT/US2001/027532 US0127532W WO0225399A3 WO 2002025399 A3 WO2002025399 A3 WO 2002025399A3 US 0127532 W US0127532 W US 0127532W WO 0225399 A3 WO0225399 A3 WO 0225399A3
Authority
WO
WIPO (PCT)
Prior art keywords
market
electronic
subscriber
orders
server
Prior art date
Application number
PCT/US2001/027532
Other languages
French (fr)
Other versions
WO2002025399A9 (en
WO2002025399A2 (en
Inventor
John Xu
Larry Scheinberg
Original Assignee
On Exchange Inc
John Xu
Larry Scheinberg
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 On Exchange Inc, John Xu, Larry Scheinberg filed Critical On Exchange Inc
Priority to AU2001287087A priority Critical patent/AU2001287087A1/en
Publication of WO2002025399A2 publication Critical patent/WO2002025399A2/en
Publication of WO2002025399A3 publication Critical patent/WO2002025399A3/en
Publication of WO2002025399A9 publication Critical patent/WO2002025399A9/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

Landscapes

  • Business, Economics & Management (AREA)
  • Accounting & Taxation (AREA)
  • Finance (AREA)
  • Engineering & Computer Science (AREA)
  • Development Economics (AREA)
  • Economics (AREA)
  • Marketing (AREA)
  • Strategic Management (AREA)
  • Technology Law (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)

Abstract

A system for an electronic-based market is disclosed. The system operates with a model where a trader is designated to enter orders for contracts on behalf of a subscriber. The model uses assets of the subscriber that are placed into an account that is accessible by the electronic market to cover risks associated with trades initiated by the trader. The system includes a plurality of client stations for entering orders into the electronic market by traders and a server to receive the orders and match the orders in accordance with matching criteria. The server maintains for the subscriber and the subscriber's associated traders a trading account that is accessible by the electronic market. The server also includes offsetting, clearing, default, and margin protocols functions to administer the market. The market uses species contracts that are derived from a contract genus.
PCT/US2001/027532 2000-09-22 2001-09-05 Margin protocol for an electronic-based market WO2002025399A2 (en)

Priority Applications (1)

Application Number Priority Date Filing Date Title
AU2001287087A AU2001287087A1 (en) 2000-09-22 2001-09-05 Margin protocol for an electronic-based market

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US66748500A 2000-09-22 2000-09-22
US09/667,485 2000-09-22

Publications (3)

Publication Number Publication Date
WO2002025399A2 WO2002025399A2 (en) 2002-03-28
WO2002025399A3 true WO2002025399A3 (en) 2003-03-13
WO2002025399A9 WO2002025399A9 (en) 2004-04-29

Family

ID=24678408

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2001/027532 WO2002025399A2 (en) 2000-09-22 2001-09-05 Margin protocol for an electronic-based market

Country Status (2)

Country Link
AU (1) AU2001287087A1 (en)
WO (1) WO2002025399A2 (en)

Families Citing this family (1)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20150026097A1 (en) * 2013-07-19 2015-01-22 Plastiq Inc. System and method for compliance monitoring and resolution of brokerage account maintenance requirements

Citations (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US6029146A (en) * 1996-08-21 2000-02-22 Crossmar, Inc. Method and apparatus for trading securities electronically
US6390472B1 (en) * 2000-02-02 2002-05-21 Michael A. Vinarsky Pseudo-commodities interactive futures trading game
US6408282B1 (en) * 1999-03-01 2002-06-18 Wit Capital Corp. System and method for conducting securities transactions over a computer network

Patent Citations (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US6029146A (en) * 1996-08-21 2000-02-22 Crossmar, Inc. Method and apparatus for trading securities electronically
US6408282B1 (en) * 1999-03-01 2002-06-18 Wit Capital Corp. System and method for conducting securities transactions over a computer network
US6390472B1 (en) * 2000-02-02 2002-05-21 Michael A. Vinarsky Pseudo-commodities interactive futures trading game

Also Published As

Publication number Publication date
WO2002025399A9 (en) 2004-04-29
WO2002025399A2 (en) 2002-03-28
AU2001287087A1 (en) 2002-04-02

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