AU2002232833A1 - Automated trading exchange system and method utilizing a randomized opening procedure - Google Patents

Automated trading exchange system and method utilizing a randomized opening procedure

Info

Publication number
AU2002232833A1
AU2002232833A1 AU2002232833A AU3283302A AU2002232833A1 AU 2002232833 A1 AU2002232833 A1 AU 2002232833A1 AU 2002232833 A AU2002232833 A AU 2002232833A AU 3283302 A AU3283302 A AU 3283302A AU 2002232833 A1 AU2002232833 A1 AU 2002232833A1
Authority
AU
Australia
Prior art keywords
randomized
exchange system
method utilizing
opening procedure
automated trading
Prior art date
Legal status (The legal status 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 status listed.)
Abandoned
Application number
AU2002232833A
Inventor
Gordon D. Evora
Ross G. Kaminsky
Current Assignee (The listed assignees may be inaccurate. Google has not performed a legal analysis and makes no representation or warranty as to the accuracy of the list.)
Chicago Board Options Exchange Inc
Original Assignee
Chicago Board Options Exchange 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 Chicago Board Options Exchange Inc filed Critical Chicago Board Options Exchange Inc
Publication of AU2002232833A1 publication Critical patent/AU2002232833A1/en
Abandoned legal-status Critical Current

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
    • G06Q20/08—Payment architectures
    • G06Q20/10—Payment architectures specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
    • G06Q20/108—Remote banking, e.g. home banking
    • G06Q20/1085—Remote banking, e.g. home banking involving automatic teller machines [ATMs]
    • 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
    • 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
    • G06Q40/06—Asset management; Financial planning or analysis

Landscapes

  • Business, Economics & Management (AREA)
  • Accounting & Taxation (AREA)
  • Finance (AREA)
  • Engineering & Computer Science (AREA)
  • Development Economics (AREA)
  • Theoretical Computer Science (AREA)
  • Strategic Management (AREA)
  • Physics & Mathematics (AREA)
  • General Business, Economics & Management (AREA)
  • General Physics & Mathematics (AREA)
  • Economics (AREA)
  • Marketing (AREA)
  • Technology Law (AREA)
  • Entrepreneurship & Innovation (AREA)
  • Game Theory and Decision Science (AREA)
  • Human Resources & Organizations (AREA)
  • Operations Research (AREA)
  • Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)
AU2002232833A 2000-10-30 2001-10-19 Automated trading exchange system and method utilizing a randomized opening procedure Abandoned AU2002232833A1 (en)

Applications Claiming Priority (3)

Application Number Priority Date Filing Date Title
US09/699,533 US7321872B1 (en) 2000-10-30 2000-10-30 Automated trading exchange system and method utilizing a randomized opening procedures
US09/699,533 2000-10-30
PCT/US2001/050289 WO2002037396A2 (en) 2000-10-30 2001-10-19 Automated trading exchange system and method utilizing a randomized opening procedure

Publications (1)

Publication Number Publication Date
AU2002232833A1 true AU2002232833A1 (en) 2002-05-15

Family

ID=24809748

Family Applications (1)

Application Number Title Priority Date Filing Date
AU2002232833A Abandoned AU2002232833A1 (en) 2000-10-30 2001-10-19 Automated trading exchange system and method utilizing a randomized opening procedure

Country Status (3)

Country Link
US (2) US7321872B1 (en)
AU (1) AU2002232833A1 (en)
WO (1) WO2002037396A2 (en)

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US7356498B2 (en) 1999-12-30 2008-04-08 Chicago Board Options Exchange, Incorporated Automated trading exchange system having integrated quote risk monitoring and integrated quote modification services
US9727916B1 (en) * 1999-12-30 2017-08-08 Chicago Board Options Exchange, Incorporated Automated trading exchange system having integrated quote risk monitoring and integrated quote modification services
US7321872B1 (en) 2000-10-30 2008-01-22 Chicago Board Options Exchange Automated trading exchange system and method utilizing a randomized opening procedures
US6885672B1 (en) * 2000-12-20 2005-04-26 Bellsouth Intellectual Property Corporation System and method for provisioning virtual circuit orders on an asynchronous transfer mode subnetwork
US7742969B2 (en) * 2001-08-29 2010-06-22 The Nasdaq Omx Group, Inc. Market indicator process and method
US9311673B2 (en) 2002-06-05 2016-04-12 Nasdaq, Inc. Security transaction matching
US7571133B2 (en) 2003-03-10 2009-08-04 Chicago Mercantile Exchange, Inc. Derivatives trading methods that use a variable order price and a hedge transaction
US7440917B2 (en) * 2003-03-10 2008-10-21 Chicago Mercantile Exchange, Inc. Order risk management system
US7152041B2 (en) * 2003-03-10 2006-12-19 Chicago Mercantile Exchange, Inc. Derivatives trading methods that use a variable order price
US7613650B2 (en) 2003-04-24 2009-11-03 Chicago Board Options Exchange, Incorporated Hybrid trading system for concurrently trading securities or derivatives through both electronic and open-outcry trading mechanisms
US7676421B2 (en) 2003-04-24 2010-03-09 Chicago Board Options Exchange, Incorporated Method and system for providing an automated auction for internalization and complex orders in a hybrid trading system
US7653588B2 (en) 2003-04-24 2010-01-26 Chicago Board Options Exchange, Incorporated Method and system for providing order routing to a virtual crowd in a hybrid trading system
US8346653B2 (en) 2003-04-24 2013-01-01 Chicago Board Options Exchange, Incorporated Automated trading system for routing and matching orders
AU2004315766A1 (en) * 2003-10-10 2005-08-25 Bloomberg Finance L.P. Relative pricing for proposals for trading of financial interests
US20060085317A1 (en) * 2004-10-15 2006-04-20 Allen Gregory A Computer-based system and method for executing orders
US7925570B2 (en) * 2005-03-09 2011-04-12 The Nasdaq Omx Group, Inc. Opening cross in electronic market
US7809629B2 (en) 2005-04-07 2010-10-05 Chicago Board Options Exchange, Incorporated Market participant issue selection system and method
US8027904B2 (en) 2005-05-04 2011-09-27 Chicago Board Options Exchange, Incorporated Method and system for creating and trading corporate debt security derivative investment instruments
US8326716B2 (en) 2005-05-04 2012-12-04 Chicago Board Options Exchange, Incorporated Method and system for creating and trading derivative investment products based on a statistical property reflecting the variance of an underlying asset
US8326715B2 (en) 2005-05-04 2012-12-04 Chicago Board Operations Exchange, Incorporated Method of creating and trading derivative investment products based on a statistical property reflecting the variance of an underlying asset
US8489489B2 (en) 2005-05-05 2013-07-16 Chicago Board Options Exchange, Incorporated System and method for trading derivatives in penny increments while disseminating quotes for derivatives in nickel/dime increments
US7698187B2 (en) * 2005-10-28 2010-04-13 Liffe Administration And Management System and method for simultaneous trading of options
US7664692B2 (en) * 2006-08-31 2010-02-16 Chicago Board of Options Exchange Method and system for creating and trading derivative investment instruments based on an index of investment management companies
US8165953B2 (en) 2007-09-04 2012-04-24 Chicago Board Options Exchange, Incorporated System and method for creating and trading a derivative investment instrument over a range of index values
US8249972B2 (en) 2007-11-09 2012-08-21 Chicago Board Options Exchange, Incorporated Method and system for creating a volatility benchmark index
US8712903B2 (en) 2008-09-25 2014-04-29 Cfph, Llc Trading related to fund compositions
US8321323B2 (en) * 2008-10-24 2012-11-27 Cfph, Llc Interprogram communication using messages related to order cancellation
US20100057627A1 (en) * 2008-09-04 2010-03-04 Lutnick Howard W Non-firm orders in electronic marketplaces
US20100076883A1 (en) * 2008-09-25 2010-03-25 Lutnick Howard W Generating risk pools
US20100082500A1 (en) * 2008-09-28 2010-04-01 Lutnick Howard W Interaction with trading systems
US8788381B2 (en) 2008-10-08 2014-07-22 Chicago Board Options Exchange, Incorporated System and method for creating and trading a digital derivative investment instrument
US8977565B2 (en) 2009-01-23 2015-03-10 Cfph, Llc Interprogram communication using messages related to groups of orders
US20100332368A1 (en) * 2009-06-30 2010-12-30 Alderucci Dean P Multicomputer distributed processing of data regarding trading opportunities
US8321322B2 (en) 2009-09-28 2012-11-27 Chicago Board Options Exchange, Incorporated Method and system for creating a spot price tracker index
US10262365B2 (en) 2012-04-16 2019-04-16 Nasdaq Technology Ab Method and a computerized exchange system for processing trade orders
US20150006349A1 (en) * 2013-06-28 2015-01-01 D. E. Shaw & Co., L.P. Electronic Trading Auction With Orders Interpreted Using Future Information
US20150006350A1 (en) * 2013-06-28 2015-01-01 D.E. Shaw & Co., L.P. Electronic Trading Auction with Randomized Acceptance Phase and Order Execution
EP3224789A4 (en) * 2014-09-07 2018-05-02 Codrut Radu Radulescu Synchronized exchange system
CN110781172A (en) * 2019-09-29 2020-02-11 上海银赛计算机科技有限公司 Calculation method, system and medium for flat bin threshold of option null head strategy

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US4412287A (en) * 1975-05-29 1983-10-25 Braddock Iii Walter D Automated stock exchange
US4674044A (en) * 1985-01-30 1987-06-16 Merrill Lynch, Pierce, Fenner & Smith, Inc. Automated securities trading system
CA2119921C (en) * 1994-03-23 2009-09-29 Sydney H. Belzberg Computerized stock exchange trading system
US5557517A (en) * 1994-07-29 1996-09-17 Daughterty, Iii; Vergil L. System and method for determining the price of an expirationless American option and issuing a buy or sell ticket on the current price and portfolio
GB9416673D0 (en) * 1994-08-17 1994-10-12 Reuters Ltd Data exchange filtering system
CA2223766A1 (en) * 1995-06-07 1996-12-19 Citibank, N.A. Method and system for providing integrated brokerage and other financial services through customer activated terminals
US6505174B1 (en) * 1996-03-25 2003-01-07 Hsx, Inc. Computer-implemented securities trading system with a virtual specialist function
US6014643A (en) * 1996-06-28 2000-01-11 Minton; Vernon F. Interactive securities trading system
US6016483A (en) * 1996-09-20 2000-01-18 Optimark Technologies, Inc. Method and apparatus for automated opening of options exchange
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US6493682B1 (en) * 1998-09-15 2002-12-10 Pendelton Trading Systems, Inc. Optimal order choice: evaluating uncertain discounted trading alternatives
US6230146B1 (en) * 1998-09-18 2001-05-08 Freemarkets, Inc. Method and system for controlling closing times of electronic auctions involving multiple lots
US6618707B1 (en) * 1998-11-03 2003-09-09 International Securities Exchange, Inc. Automated exchange for trading derivative securities
US6272474B1 (en) * 1999-02-08 2001-08-07 Crisostomo B. Garcia Method for monitoring and trading stocks via the internet displaying bid/ask trade bars
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US6665649B1 (en) * 2000-03-10 2003-12-16 International Business Machines Corporation Smooth end of auction on the internet
US7680715B2 (en) * 2000-06-01 2010-03-16 Pipeline Financial Group, Inc. Systems and methods for providing anonymous requests for quotes for financial instruments
GB2364586B (en) * 2000-06-23 2004-06-16 Ebs Nominees Ltd Deal matching in an anonymous trading system
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US7177833B1 (en) * 2000-07-18 2007-02-13 Edge Capture, Llc Automated trading system in an electronic trading exchange
US7321872B1 (en) * 2000-10-30 2008-01-22 Chicago Board Options Exchange Automated trading exchange system and method utilizing a randomized opening procedures
AU2002254318A1 (en) * 2001-03-21 2002-10-08 Modus Novus, Inc. Automated securities trading system

Also Published As

Publication number Publication date
WO2002037396A2 (en) 2002-05-10
US20080103954A1 (en) 2008-05-01
US7921055B2 (en) 2011-04-05
WO2002037396A8 (en) 2002-08-01
US7321872B1 (en) 2008-01-22

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