JP2004005741A - System and method for automatic dealing order system - Google Patents

Abstract

<P>PROBLEM TO BE SOLVED: To provide an automatic dealing order system capable of the execution of stock trading and stock order, increasing the effect of the management thereof, and remarkably reducing the volume of office work and also capable of rapidly coping with the stock trading and stock order under special conditions. <P>SOLUTION: An automatic dealing order apparatus 10 comprises a phone response part 11, a network processing part 12, a control part 13, a trigger DB 14, and an order processing part 17. Complicated conditional orders can be accurately and rapidly placed by specifying complicated order conditions as trigger items, logically connecting the plurality of trigger items to each other through AND and OR flags, and controlling timings of the orders and the invalidation of trigger. <P>COPYRIGHT: (C)2004,JPO

Description

The present invention relates to a trade order automatic ordering apparatus for automatically ordering trade orders such as securities such as stocks and bonds, and future traded products, and more particularly to a trade order automatic ordering apparatus utilizing the Internet or a telephone network. BACKGROUND OF THE INVENTION 1. Field of the Invention The present invention relates to a system for automatically ordering trades and a method for automatically ordering trades.

Generally, securities such as stocks and bonds are a means of raising funds for companies and a means of investment for investors. Stock exchanges and over-the-counter markets are places for distribution of stocks. 2. Description of the Related Art Conventionally, when a general investor buys or sells these stocks, the trading conditions of the stocks are notified to a securities company or the like, and the trading is performed through the securities company. On the other hand, in recent years, the Internet has rapidly spread with the spread of the WWW (World Wide Web). Recently, it has been considered that a computer network such as the Internet is used to automatically receive orders for buying and selling of stocks and the like (for example, see Patent Document 1). Orders are being made.

JP-A-61-86867

However, in the actual ordering of stock trading using the Internet, orders for transactions involving complex conditions, such as special trading orders, are all executed manually by individual trade execution specialists. For stock trading orders that require complex processing, the processing items are ambiguous, the amount of business processing from ordering to execution is enormous, and the ability to receive orders is limited, and all orders are accepted. There was a problem that it was difficult to respond.

Therefore, an object of the present invention is to improve the efficiency of execution and management of stock trading orders and the like and to significantly reduce clerical work, and to quickly respond to stock trading orders under special conditions. It is an object of the present invention to provide a trade order automatic ordering system and a trade order automatic ordering method.

In order to solve the above-mentioned problems, a trade order automatic ordering system of the present invention is a trade order automatic ordering system for ordering a trade order with an order condition in a trading market. Attaching status, a trade order storage means for storing the contents of the order slip relating to the trade order, and, based on the contents of the order slip stored in the trade order storage means, transmitting the trade order to the market system. Order execution means for placing orders, trigger storage means for storing order conditions attached to the sales order as a trigger, and condition items designated as the trigger are monitored, and the condition items concerning the sales order are triggered by the trigger. When it is determined that the order has been met, the status of the trade order in the trade order storage means is changed to order processing enabled, and the order execution means is Order processing means for transmitting an instruction signal for ordering a trade order, wherein when a plurality of order conditions are added to one trade order, each order condition stored in the trigger storage means is provided. The corresponding trigger is provided with a flag that indicates either “OR” that fulfills all order conditions as an order condition or “AND” that fulfills any of the order conditions as an order condition. The order processing means transmits the instruction signal when all the condition items for all the triggers related to the buy / sell order with the flag of “AND” are matched, and also outputs the buy / sell order with the flag of “OR”. The trigger according to (1) is invalidated.

According to another aspect of the present invention, there is provided a method for automatically ordering a trade order for ordering a trade order with an order condition in a trading market. Accepting an order, the trade order automatic ordering device attaches a status of waiting for order processing, and storing the contents of an order slip relating to the trade order in an order database; and the trade order automatic ordering device, Storing the order conditions attached to the trade order in a trigger database as a trigger, and the trade order automatic ordering device monitors the condition items designated as the trigger, and the condition items related to the trade order are If it is determined that the trigger is met, the status of the sales order in the order database is changed to order processing enabled, and the sales Transmitting an instruction signal for ordering the buy / sell order to order execution means for ordering a sentence to the exchange market system; andthe order execution means receives the instruction signal and sends the order signal to the order database. Ordering the sales order based on the contents of the stored order slip, and when a plurality of order conditions are added to one sales order, each of the orders stored in the trigger database is stored. The trigger corresponding to the order condition includes a flag indicating either “OR” in which fulfillment of all order conditions is an order condition or “AND” in which fulfillment of any order condition is an order condition. In the step of transmitting the instruction signal, the instruction signal is transmitted when the condition items for all the triggers related to the sales order with the flag of “AND” match. Together, characterized in that revoke the trigger according to the trading order flag of "OR" is attached.

In this way, the ordering conditions for trading are set as triggers based on the trading conditions, and whether or not this trigger matches the trading situation in the trading market is monitored, and the trading based on the order slip recorded in advance in the database is performed. Since the order is placed, the efficiency of execution and management of the stock trading order and the like can be made more efficient and the clerical work can be greatly reduced, and the stock trading order under special conditions can be promptly dealt with.

ADVANTAGE OF THE INVENTION According to the automatic trade order system and the automatic trade order method of this invention, a complicated order condition can be designated as a trigger item, and these items can be logically combined and a sales order can be automatically performed. As a result, it became possible to deal systematically with the processing of orders for stocks, etc., and to promote the digitization of securities transactions, which are expected to expand in the future.

In addition, for complex order executions that were previously performed manually by the trade execution staff, systematic responses can be made in all of the processing, enabling significant rationalization and at the same time, artificial processing errors Etc. can be greatly reduced.

The best mode for carrying out the present invention will be described below in detail with reference to the drawings.

FIG. 1 is a diagram showing an embodiment of an automatic trading order ordering system according to the present invention. This automatic ordering system for purchase and sale includes a plurality of customer-side terminals (hereinafter, simply referred to as “trading conditions”) for inputting the conditions for ordering the purchase and sale of securities such as stocks and bonds and futures trading products from the customer side (see FIG. 1, only the customer terminals 41 to 43 are shown), a computer network 20 such as the Internet and a telephone network 30 connected to the customer terminals 41 to 43, and the computer network 20 and the telephone network 30. Automatic ordering device 10 for receiving trading conditions from the customer terminals 41 to 43 and ordering trading such as stocks in accordance with the trading conditions, and a trading order automatic ordering device 10 connected to the market 60 for stocks and the like. In addition to the notification of the transaction status of the market 60, the order which is a statutory book according to the order of the sales order from the automatic sales ordering apparatus 10. And trading system 50 to order the buy and sell orders with respect to the actual market 60 to create a vote, and a, and ordering DB51 to store, such as an order slip and order data.

Here, the customer terminals 41 to 43 include a telephone line network 30 or a computer network 20 such as a telephone, a portable telephone, a facsimile machine, a PC (personal computer), a dedicated terminal for trade, a home game machine, and a portable small computer. Any device can be used as long as it can transmit and receive data to and from the automatic buy / sell ordering apparatus 10 via the Internet.

In addition to the Internet, the computer network 20 may be a customer-side terminal 41 to 41 regardless of whether it is an open type or a closed type, such as a network dedicated to trading orders connected to the Internet, a network dedicated to trading orders independently provided, and an intranet. It suffices if data can be transmitted and received between the sales order 43 and the trading order automatic ordering apparatus 10.

In addition, the sales order automatic ordering apparatus 10 includes a telephone response unit 11 for transmitting and receiving sales condition data to and from the customer terminals 41 to 43 via the telephone network 30, and a customer terminal 41 via the computer network 20. The network processing unit 12 that transmits and receives the data of the sales conditions between the network processing unit and the network unit and the trigger items stored in the trigger DB 14 based on the sales conditions from the telephone response unit 11 and the network processing unit 12 are logically combined. In addition to setting a trigger, a trigger number serving as a unique identifier is given to the trigger, a control unit 13 for creating a trigger history confirmation table corresponding to the trigger, and each of the conditions of the trading conditions are determined in advance by a predetermined method. Prepare and store as a trigger item, and store the trigger, trigger number and trigger history confirmation table created by the control unit 13 in association with each other. The transaction status of the market 60 is received from the trading system 50, and the transaction status is associated with each trigger item of the trigger history confirmation table stored in the trigger DB 14, and when a predetermined condition is satisfied, the transaction is performed. The system 50 includes an order processing unit 17 for making a purchase order request to the system 50.

Next, the operation of the automatic trade ordering system provided with the automatic purchase ordering apparatus 10 of the present invention shown in FIG. 1 will be described. In the following description, as a specific example, it is assumed that the customer terminal 41 is a PC, which transmits and receives data to and from the automatic buy / sell ordering apparatus 10 via the computer network 20. Reference numeral 20 denotes the Internet. Further, as the trading transaction, a trading transaction of stocks will be described as an example.

FIG. 2 is a flowchart showing a trade order automatic ordering process. In FIG. 1 and FIG. 2, first, a customer connects a customer order terminal (hereinafter, also referred to as “PC”) 41 via a computer network (hereinafter, also referred to as “Internet”) 20 to a network of a sales order automatic ordering apparatus 10. The connection is made to the processing unit 12 (step 201). At this time, specifically, on the screen of the PC 41, an HP (homepage) of an initial screen of stock trading is displayed.

Next, after the stock trading order screen is selected on the PC 41, a stock trading order request is made. Here, necessary items related to the stock trading order are input. At this time, a trigger item that causes a request for an order for stock trading is set (step 202).

FIG. 3 is a diagram showing an example of a screen for inputting a stock buying order for stock trading. In FIG. 3, the stock buying order input screen includes a brand information input unit 210 and an order information input unit 220.

Here, the issue information input unit 210 includes an issue code field 211 for inputting a stock issue code, a pull-down market change button 212 for designating a stock market, and a issue for displaying the content of the designated issue and its stock price information. An information display unit 213 and an information update button 214 for updating display information of the brand information display unit 213 based on the latest stock price information or information input by the brand code column 211 and the market change button 212 are configured. .

The order information input unit 220 includes an order quantity column 221 for specifying the number of shares to be bought and sold, an order price column 222 for specifying a trading price and a trading form, an order condition column 223 for specifying trading conditions, and a calendar display unit. And an order due date column 224 for designating the effective date and time of the trade.

In the initial stock trading screen (not shown) displayed on the PC 41, the user inputs the stock code of the stock to be bought and selects the stock buying order input screen. A stock buying input screen is displayed (step 203). Here, when a different brand code is input to the input box of the brand code column 211 of the brand information input section 210 and the information update button 214 is pressed (clicked), an update signal is sent to the network processing section 12 (step 204). ). The control unit 13 receives information on the brand specified in the brand code column 211 from the market 60 via the trading system 50 based on the update signal received from the network processing unit 12, and sends this information to the network processing unit 12. Send (step 205). The network processing unit 12 displays the updated issue information on the issue information display unit 213 displayed on the PC 41, and updates the operation screen for order entry for the newly designated issue. Here, also when the stock market is changed with the market change button 212 and the information update button 214 is pressed, the display of the brand information display section 213 is updated (step 206).

Here, the stock information display section 213 displays the stock price of the specified stock in the specified market (step 207). The contents of each item of the brand information display section 213 are shown below.
(1) Brand content item brand code: The brand code of the selected brand is displayed.
Issue name: The abbreviation of the issue name of the selected issue is displayed.
Trading unit: The minimum trading unit of the selected symbol is displayed.
(2) Item market of stock price information: The market specified on the initial screen (not shown) or the market selected (updated) by the market change button 212 is displayed. In addition, the following stock price information provides the information of the market displayed here, and the order of the order is also placed in the market.
Open: Displays the first stock price of the selected stock on the day of the market and the time of the stock price data.
High: Displays the highest stock price of the selected stock on the market day and the time of the stock price data.
Low: Shows the lowest stock price of the selected stock on the market day and the time of the stock price data.
Bid price: The current quote price of the selected issue and the time of the price data are displayed.
Current Value: Displays the current trading price of the selected security and the time of the stock price data.
Bid price: The current bid price of the selected security and the time of the price data are displayed.
Last day's close price: The last day's close price of the relevant stock or the latest close price before the previous day and the date of the close price data are displayed.
Source: Shows the volume of the selected stock up to the current market day and its data time.

Next, the following order processing is performed (step 208).

FIG. 4 is a flowchart showing details of the order processing. In this order processing, in the order quantity column 221 displayed on the PC 41, the order quantity to be ordered, that is, the number of shares to be purchased, is entered in the order quantity input box (step 208A).

(5) Here, the form of the order price to be ordered is selected by the order price selection button (“limit order” or “market”) in the order price column 222 displayed on the PC 41. In the case of a limit order, the user selects the "limit order" selection button and inputs the limit price in the input box that follows. In the case of a market order, the “market” selection button is selected. Note that when “Market” is selected, the limit price cannot be input. “Limit” is selected as the default on the screen. Here, in the item of the amount available for purchase, the amount available for purchase of shares of the customer at the present time is displayed. The purchase price expected from the entered quantity and price is displayed in a confirmation window displayed when a confirmation button (not shown) provided at the bottom of the screen is pressed.

(4) In the order condition column 223 displayed on the PC 41, a condition for ordering is selected with a selection button ("normal", "condition designation" or "trigger designation") (step 208B). Note that “normal” is selected as the default on the screen. Here, when there is no designation in the conditions at the time of ordering, the "normal" selection button is selected, and the following normal processing is performed (step 208C-1). When the “normal” button is selected to place an order, the control unit 13 receives the signal from the network processing unit 12 and sends the order to the trading system 50 to the market 60 directly selected. To instruct. In the case of an order before donation, the order is forwarded from the trading system 50 to the market 60 when the market 60 is started.

コ ン Also, select the combo box of “condition specification” when specifying the conditions at the time of ordering. When this "condition designation" is selected, the following condition designation processing is performed (step 208C-2).

FIG. 5 is a diagram showing a list of preceding and succeeding items in the “condition designation” combo box, and conditions and precautions based on a combination thereof. The control unit 13 transmits an order signal to the trading system 50 in accordance with the contents selected in the preceding item and the subsequent item of the “condition specification” combo box shown in FIG. 5, and the trading system 50 Route the order to the selected market 60. Here, “Near field” is selected as the default of the combo box of “Condition specification”.

(4) When "trigger setting" is selected by the selection button, an order trigger is specified, and the following trigger processing is performed (step 208C-3). When the button of "trigger setting" is selected, the trigger function of the designated stock price order and the time designated order can be used. In each item of the "trigger setting", when blank (when nothing is specified), it is treated as no specification.

When the target stock price is entered in the designated stock price input box A in the "trigger setting" displayed on the PC 41, the network processor 12 notifies the controller 13 of this value. Here, the range of the stock price that can be specified is within the range of the stop price of the previous day's closing price. When an input exceeding this range is performed, when a confirmation button (not shown) pressed at the end of the process is pressed, the control unit 13 displays an error in a confirmation window displayed on the PC 41 via the network processing unit 12. indicate.

(5) In the up / down selection combo box B, select whether the price is higher than the target stock price (select "more than") or lower than the target stock price (select below). Here, "same" is selected as the default. In the designated stock price ordering, the controller 13 causes the trading system 50 to place an order when the stock price becomes equal to or more than the designated stock price.

In the time designation combo box D, the time to order is designated. Each value of the time designation combo box D can be selected from the following values.
Time: Blank, 9, 10, 12, 13, 14 minutes: Blank, values in 10-minute increments of 00, 10 to 50 In this time-specified ordering, the control unit 13 sets the trading system 50 after the specified time. Make sure your order is placed from. At this time, if either hour or minute is blank, the entire specification becomes invalid.

(4) When both the stock price and the time are selected with the “or / and” selection button C, the user specifies whether the trigger condition is one or both. Note that “or” is selected by default.

(4) When both the stock price and the time are selected by the “or / and” selection button C, the user specifies whether the trigger condition is one or both. Note that “or” is selected by default.

Although an example of the trigger item has been described above, as the trigger item, in addition to the above-described “price” and “time”, various conditions such as “volume” and “contract” can be set as the trigger item. The order processing unit 17 has a function (order manager) for setting a trigger flag for a specified trigger item, monitoring the conditions of these trigger items, and clearing the trigger flag.

ト リ ガ Also, depending on the combination of the preceding item and the following item of the combo box of “condition specification”, the trigger setting may be automatically given.

FIG. 6 is a diagram showing patterns of the basic order and the condition order stored in the trigger DB 14. As shown in FIG. 6, the control unit 13 determines the order pattern of the condition order according to the combination of the preceding item and the succeeding item of the “condition specification” combo box, and sets the target trigger item accordingly. decide. At this time, the setting of each trigger can be automatically set by the special condition order manager of the control unit 13, and can be set arbitrarily from the PC 41 or the input unit 16.

FIG. 7 is a flowchart showing the trigger processing. When the trigger setting is completed on the screen of the PC 41 (Step 701), the control unit 13 creates a trigger history confirmation table, attaches a "trigger number" to the table, and records it in the trigger DB 14 (Step 702). Thereafter, the set trigger is processed based on the “trigger number”. At this time, an order slip, which is a legal book, is automatically created and sent to the trading system 50. The trading system 50 records the order slip, which is the legal book, in the order DB 51 (step 703).

Here, the set trigger item can be changed (steps 704 and 705). In this case, the change can be made on the WWW from the PC 41, or the operator can input the change from the input unit 16 while watching the display on the display unit 15 in response to a telephone call or the like.

FIG. 8 is a diagram showing a trigger setting change screen. In FIG. 8, the customer can specify trigger items for cancellation, correction, and reverse trading from the screen of the PC 41. Each of the settings 1 to 3 is a parallel (OR) condition. Therefore, if the condition of any setting (all trigger items) is satisfied, the trigger items of other settings are invalidated. Here, setting 4 functions as a trigger after the total quantity of the order has been filled. Further, it is effective even after the order processing is executed by the trigger set in the settings 1 to 3.

In settings 1 to 3 (cancel / price correction setting trigger), the upper part of each setting column has the same function as the “trigger setting” button in FIG.

If the “cancel” button is selected in the lower part, the control unit 13 performs a process of canceling the order when the transaction conditions of the market 60 become the conditions specified by the trigger setting of the upper part. Here, “cancel” is selected by default.

If the “correct to market” button is selected, and if the transaction conditions of the market 60 become the conditions specified by the upper trigger setting, the control unit 13 corrects the order to market.

Further, when the “limit” button is selected, when the transaction conditions of the market 60 become the conditions specified by the upper trigger setting, the control unit 13 sets “limit” in the order price column 222 of the stock buy order to “ Correct the limit price entered in the limit input box.

Further, in response to the trigger item of the setting 4 (gain / loss designation reverse trading trigger), when all the ordered orders are filled, the control unit 13 reduces the total contracted price by the amount designated in the upper profit and loss amount input boxes. When the valuation gain or loss is reached, a reverse trading (sell order) is automatically ordered at the specified order price in the lower row.

ボ ッ ク ス The upper boxes are input boxes for specifying the profit / loss amount (which functions as a trigger when one or both are input) as conditions for counter-sale (sell order), and are input in thousands of yen. Then, when the “correct by market” button is selected, the control unit 13 places a market order when any of the amounts in the above boxes is reached, and the “correct by limit” button is selected. Order, place an order with the limit price entered in the limit order input box on the side, or, if the "Calculated value at that time" button is selected, the price at the time when the trigger condition is satisfied Order with the limit price corrected in the input box of the combo box by the sign combo (+ or-). For example, if the calculated value is 500 yen, the sign is +, and the specified value width is 10 yen, the limit price is 510 yen.

Next, the order processing unit 17 receives the transaction status in the market 60 from the trading system 50, and based on the transaction status, sets each trigger of the trigger setting of FIG. 3 set by the control unit 13 and stored in the trigger DB 14. The items A to D and each trigger item in FIG. 6 are monitored (step 706). Then, based on the trigger history confirmation table recorded in the trigger DB, the order processing unit 17 turns off the trigger flag when the transaction status of the market 60 reaches the set trigger condition, and sets the set trigger. The order is automatically executed via the trading system 50 according to the conditions (step 707).

{That is, when all the flags of the AND conditions set in the trigger items are turned off, all the trigger conditions are satisfied, and the order is in an executable state. At this time, all the remaining trigger items that have been set are invalidated.

When the order execution becomes possible (the trigger condition is satisfied), the order processing unit 17 instructs the trading system to change the status of the “order” item of the order DB from “standby” to “processable”. Send a signal. The trading system 50 automatically executes order placement on the market 60 based on the order contents of the order slip, which is a legal account book stored in the order DB.

Although the embodiment of the present invention has been described above, the above-described processing is performed by using the telephone or the like in place of the PC in the customer terminals 41 to 43 and performing the automatic voice response of the telephone response unit 11 or the like. Can be.

The market 60 may be a trading market other than the stock market, and the above-described buy order may be processed as a sell order.

FIG. 1 is a diagram showing a trading order automatic ordering system according to the present invention. It is a flowchart which shows the sales order automatic order processing of this invention. It is a figure showing an example of a screen which inputs a stock buying order of stock trading. It is a flowchart which shows the detail of order processing. It is a figure which shows the list | wrist of the front item and the following item of the combo box of "condition specification", and the conditions and notes by the combination. It is a figure showing the pattern of the basic order and the condition order stored in trigger DB14. It is a flowchart which shows the trigger process of this invention. It is a figure showing a change screen of a trigger setting.

Explanation of reference numerals

DESCRIPTION OF SYMBOLS 10 Automatic sales ordering apparatus 11 Telephone response part 12 Network processing part 13 Control part 14 Trigger DB
Reference Signs List 15 display unit 16 input unit 17 order processing unit 20 computer network 30 telephone network 41, 42, 43 customer terminal 50 trading system 51 order DB
60 Market 210 Brand information input section 211 Brand code field 212 Market change button 213 Brand information display section 214 Information update button 220 Order information input section 221 Order quantity field 222 Order price field 223 Order condition field 224 Order due date field

Claims (2)

An automatic trading order ordering system for ordering trading orders with ordering conditions in a trading market,
When accepting the trade order, a trade order storage means for adding the status of order processing standby and storing the contents of an order slip relating to the trade order,
Order execution means for ordering the trade order to the market system based on the contents of the order slip stored in the trade order storage means;
Trigger storage means for storing, as a trigger, order conditions attached to the trading order,
When monitoring the condition items specified as the trigger and determining that the condition items related to the trade order match the trigger, change the status of the trade order in the trade order storage means to order processing enabled, Order processing means for transmitting an instruction signal for ordering the trading order to the order execution means,
With
When a plurality of order conditions are added to one buy / sell order, the trigger corresponding to each order condition stored in the trigger storage means is set to “OR” in which fulfillment of all order conditions is an order condition. A flag indicating whether the fulfillment of any order condition is fulfilled as an order condition,
The order processing means transmits the instruction signal when all the condition items for all the triggers related to the buy / sell order with the flag of “AND” are matched, and also outputs the buy / sell order with the flag of “OR”. A trade order automatic ordering system, wherein the trigger according to (1) is invalidated. A trade order automatic ordering method for ordering trade orders with order conditions in a trading market,
A trade order automatic ordering device accepting the trade order;
The trade order automatic ordering device, with the status of order processing waiting, storing the contents of the order slip related to the trade order in the order database,
Storing the purchase order automatic ordering device in a trigger database using an order condition attached to the trade order as a trigger,
The trade order automatic ordering device monitors condition items designated as the trigger, and when it determines that the condition items related to the trade order match the trigger, orders the status related to the trade order in the order database. Changing to processable, transmitting an instruction signal for ordering the trading order to order execution means for ordering the trading order with the exchange market system,
The order execution means receiving the instruction signal, and ordering the sales order based on the contents of the order slip stored in the order database;
Has,
When a plurality of order conditions are attached to one buy / sell order, the trigger corresponding to each order condition stored in the trigger database is “OR” in which fulfillment of all order conditions is an order condition, A flag indicating whether the fulfillment of any order condition is fulfilled as an order condition or “AND” is attached,
In the step of transmitting the instruction signal, the instruction signal is transmitted when the condition items for all triggers related to the sales order with the flag of “AND” are matched, and the flag of “OR” is added. A method for automatically ordering a trade order, wherein the trigger for the trade order is invalidated.