JP6893706B2 - Financial Instruments and Exchange Management Equipment, Financial Instruments and Exchange Management Systems and Programs - Google Patents

Description

The present invention relates to a technique for managing and supporting transactions of financial products such as foreign exchange.

Market orders and limit orders are known as methods for trading financial products such as foreign exchange. A market order is an order form in which a transaction is made at the price at the time of ordering. On the other hand, the limit order is an order form in which a customer specifies a trading price in advance and a transaction is performed when the price of the financial product reaches the specified price. Normally, in the case of a limit order, the dealer of the financial instrument places a buy order for the financial instrument when the target financial product falls to the specified amount, or when the target financial product rises to the specified amount, the finance concerned. Place a sell order for a product. Conventionally, an invention has been known in which a limit order for this financial product is placed using a computer system (see, for example, Patent Document 1).

Japanese Unexamined Patent Publication No. 2006-99787

Here, in limit orders for financial products, ifdan orders are often placed. In the specification of the present application, the ifdan order is an order of the second order (hereinafter referred to as "first order") automatically when two orders having a higher order are placed at the same time and the order of the first order (hereinafter referred to as "first order") is established. Refers to the order format in which "second order") is valid. In an actual financial product transaction, one customer may place multiple ifdan orders in parallel for a specific financial product.

On the other hand, the system of Patent Document 1 has a problem that it cannot handle limit orders of ifdan orders. Further, in the system of Patent Document 1, when a user wants to place a plurality of ifdan orders in parallel, each ifdan order must be ordered individually, which complicates the order procedure of the customer. There is a problem of becoming.

On the other hand, if the market price of a financial product fluctuates more than the conventional market price and there is no prospect of recovery for the time being, the trader who owns the financial product sells the financial product in order to minimize damage. Often wants. However, in the system of Patent Document 1, the customer cannot automatically sell the financial product acquired by the buy order of the limit order according to the future market situation, and the ifdan order is put into the market situation. There is a problem that it cannot be stopped automatically accordingly.

Further, the system of Patent Document 1 has a problem that it cannot cope with the case where it is desired to place an ifdan order as a market order.

The present invention has been made in view of the above problems, and in a market order for a financial product, a system user can place a plurality of ifdan orders without performing complicated ordering procedures, and the future market situation. We provide a financial product transaction management device that can automatically cancel ifdan orders according to the situation, improve the convenience of customers who use the system, and reduce the risk that customers incur when placing ifdan orders. The challenge is to do.

In order to solve such a problem, the invention according to claim 1 is a financial product transaction management device that manages a sales transaction of a financial product, and is an order for receiving a sales order application information for placing a sales order for the financial product. The buy / sell order is executed based on the order information generated by the input receiving means and the order information generating means that generates the order information of the financial product based on the buy / sell order application information received by the order input receiving means. The contract information generation means for processing and the margin information management means for managing the margin information possessed by the user who trades and sells the financial product are provided, and the contract information generation means is the order information generation means. Based on the one said buy / sell order application information generated in the above, the first order information for performing one of the sell order or the buy order of the predetermined financial instrument at market or limit price, and the sell order or buy order of the financial instrument. Of the order information group including the second order information in which the other is performed at the limit price, the process for executing the sell order or the buy order based on the first order information and the sell based on the second order information. A process for executing an order or the buy order, and a process for executing the market order based on the first order information in the order information generating means at the start of a sales transaction. To set the contract price of the market order as the order price of the first order of the limit order based on the first order information generated by the order information generation means, and settle the market order. performs a process to enable the limit order based on the second order information, the Shigeyuki to settle order, said to contract limit orders based on the second order information, the limit order based on said second order information Ru is contracted , The margin information of the user managed by the margin information management means is confirmed, and the margin possessed by the user is a new sell order or a new sell order based on the new first order information. When it is confirmed that the amount is such that one of the buy orders and the new sell order or the other of the new buy orders based on the new second order information can be traded. To place the new first order information for placing one of the new sell order or the new buy order, and the other of the new sell order or the new buy order in the order information generating means. by generating new said second order information, the in order information generating unit, the first order information based rather before Symbol limit Note the order information group After processing to enable statement was made, when performing the processing to enable based rather before Symbol limit orders in the first order information in the order information generating unit, to the first order is valid limit orders based, after the performing the process of contract at the same price and the contract price of the market order, is processed to contract the based rather before Symbol limit orders in the first order information has been performed, the second It is characterized in that the process of validating the limit order based on the order information is performed, and the limit order based on the valid second order is executed repeatedly.

The invention according to claim 2 includes, in addition to the configuration according to claim 1, an order information recording means for recording the order information generated by the order information generating means, and the contract information generating means is said to have the order information. Of the individual order information recorded in the recording means, a process of executing the execution of the financial product based on the first order information and a process of executing the execution of the financial product based on the second order information. , It is characterized by repeating a predetermined number of times.

The invention according to claim 3 includes, in addition to the configuration according to claim 2, the stop order information in which the other of the sell order or the buy order of the financial instrument is performed at the stop price. When the stop order based on the stop order information is executed, the execution information generating means stops the limit order based on the first order information and the limit order based on the second order information, and the execution information When the generation means executes a contract based on the stop order information, of the first order information and the second order information generated in response to the buy / sell order application information that generated the stop order information. The stop processing is performed to delete all the order information that has not been generated at the time of generating the stop order information from the order information recording means.

In the invention according to claim 4, in addition to the configuration according to claim 2 or 3, the contract information generating means receives the cancellation request when there is a cancellation request for the order of the financial product once established. Of the first order information and / or the second order information and / or the stop order information corresponding to the order, all the order information before execution is canceled.

The invention according to claim 5 includes, in addition to the configuration according to any one of claims 2 to 4, a customer account information recording means for recording deposit balance information of a specific customer, and the order information recording means includes the above-mentioned order information recording means. The first order information and the amount information based on the order price of the second order information are recorded as attribute information, and the order information generating means compares the information based on the order price with the deposit balance information, and the deposit balance information. The first order information and the second order information are generated when the value of is equal to or greater than the value of the amount information based on the order price.

The invention according to claim 6 is a financial product transaction management system that manages sales transactions of financial products, and is an order input receiving means for receiving sales order application information for placing a sales order for the financial products, and the order. Execution information generating means that performs processing to execute the buying and selling order based on the order information generated by the order information generating means that generates order information of financial products based on the buying and selling order application information received by the input receiving means. And a margin information management means for managing margin information possessed by a user who trades and sells the financial product , and the contract information generation means is one of the ones generated by the order information generation means. Based on the buy / sell order application information, the first order information in which one of the sell or buy orders of the predetermined financial product is placed at the market or limit price, and the first order information in which the other of the sell or buy orders of the financial product is performed at the limit price (Ii) Of the order information group including the order information, the process for executing the sell order or the buy order based on the first order information and the execution of the sell order or the buy order based on the second order information. At the start of the buying and selling transaction, the order information generating means performs the process of ordering the market order based on the first order information, and executes the process of executing the market order of the market order. The contract price is set as the order price of the first order of the limit order based on the first order information generated by the order information generation means, and the market order is settled. The limit price based on the second order information is settled. performs a process to enable the order to settle the market order, the second to contract limit orders based on order information, the limit order based on said second order information Ru is contracted, the margin information management means The information of the margin of the user managed by the user is confirmed, and the margin possessed by the user is one of a new sell order or a new buy order based on the new first order information. And, when it is confirmed that the amount is such that the other of the new sell order or the new buy order based on the new second order information can be traded, the order information generation means is newly added. New first order information for placing one of the sell order or the new buy order, and new second order information for placing the other of the new sell order or the new buy order. the so generated, the in order information generation unit, the process to enable based rather before Symbol limit orders in the first order information of the order information group row After cracking, when performing the processing to enable based rather before Symbol limit orders in the first order information in the order information generating unit, a limit order based on the first order is validated, the market orders and performing a process to contract at the same price the contract price and, after the process of contract the based rather before Symbol limit orders in the first order information is performed, the limit order based on the second order information It is characterized in that it is configured to perform a valid process and repeatedly execute a limit order based on the valid second order.

The invention according to claim 7 is a program, characterized in that a computer functions as a financial instrument transaction management device according to any one of claims 1 to 5.

According to the inventions of claims 1 and 6, based on the order input receiving means for receiving the buying and selling order application information for placing the buying and selling order of the financial product and the buying and selling order application information received by the order input receiving means. A contract information generating means that performs processing to execute a buy / sell order based on the order information generated in the order information generating means that generates order information of financial products, and a margin possessed by a user who trades financial products. The contract information generation means is provided with a margin information management means for managing the information of the above , and the execution information generation means is to sell or buy a predetermined financial product based on one buy / sell order application information generated by the order information generation means. Of the order information group including the first order information in which one is marketed or limited and the second order information in which the other is a sell or buy order for financial products, the sell or buy based on the first order information. A process for executing an order and a process for executing a sell order or a buy order based on the second order information are performed, and a market order based on the first order information is placed by the order information generating means at the start of a sales transaction. The process of executing the market order is executed, and the execution price of the market order is set as the order price of the first order of the limit order based on the first order information generated by the order information generation means thereafter. Settle the market order, enable the limit order based on the second order information, settle the market order, execute the limit order based on the second order information, and execute the limit order based on the second order information. When is Ru, check the information of the margin of the user who is margin information management means for managing, margin to possession of a user, a new sell order or a new buy order based on a new first order information When it is confirmed that the amount of money can be traded on one side and the other side of a new sell order or a new buy order based on the new second order information, a new sell is made to the order information generation means. Order information generation by generating new first order information for placing one of the orders or new buy orders and new second order information for placing the other of new sell orders or new buy orders. in means, after the processing is performed to enable based rather before Symbol limit order to the first order information of order information group, the based rather before Symbol limit orders in the first order information in the order information generation means When the valid processing is performed, the limit order based on the valid first order is executed at the same price as the contract price of the market order, and based on the first order information. After the process of executing the limit order is performed, the process of validating the limit order based on the second order information is performed, and the limit order based on the valid second order is executed repeatedly. It is configured to do. As a result, while improving the convenience of customers who buy and sell financial products by limit orders, customers who use the system can repeatedly perform multiple ifdan orders in limit orders for financial products without performing complicated ordering procedures. This makes it possible to improve the convenience of customers who use the system and reduce the risk that customers incur when placing ifdan orders.

According to the invention of claim 2, the order information recording means for recording the order information generated by the order information generating means and the contract information generating means for executing the contract of the financial product based on the order information are provided. It is provided with a contract information generating means for executing a financial product based on order information and a second order information, and the contract information generating means is based on the first order information among the individual order information recorded in the order information recording means. The process of executing the contract of the financial product and the process of executing the contract of the financial product based on the second order information are repeated a plurality of times. As a result, in limit orders for financial products, customers using the system can place multiple ifdan orders without complicated ordering procedures, and ifdan orders are automatically canceled according to future market conditions. This makes it possible to improve the convenience of customers who use the system and reduce the risk that customers incur when placing ifdan orders.

According to the invention of claim 3, when the stop order based on the stop order information is executed, the limit order based on the first order information and the limit order based on the second order information are stopped, and the execution information is executed. When the generation means executes a contract based on the stop order information, the stop order is out of the first order information and the second order information generated in response to the buy / sell order application information that generated the stop order information. Cancellation processing is performed to delete all the order information that has not been generated at the time of information generation from the order information recording means. As a result, the damage caused by the limit transaction can be minimized with a simple process.

According to the invention of claim 4, when there is a cancellation request for an order of a financial product once established, the first order information and / or the second order information and / or vice versa corresponding to the order for which the cancellation request has been made. Of the limit order information, all the order information before execution is canceled. As a result, it is possible to minimize the damage suffered by the customer who conducts the limit transaction when the market price of the financial product fluctuates more than the conventional market price and there is no prospect of recovery for the time being.

According to the invention of claim 5, the customer account information recording means for recording the deposit balance information of the specific customer is provided, and the order information recording means is the amount information based on the order price of the first order information and the second order information. Is recorded as attribute information, the order information generating means compares the information based on the order price with the deposit balance information, and when the value of the deposit balance information is equal to or greater than the value of the amount information based on the order price, the first order information and Generate second order information. As a result, the limit order by the ifdan order can be accepted only when the payment can be surely made, and the system can be operated without any trouble in the commercial transaction due to the insolvency.

According to the invention of claim 7, the financial instrument transaction management device of the present invention can be programmed and realized on various computer hardware.

It is a system configuration diagram in the financial instruments transaction management system of this embodiment, and the functional block diagram of the financial instruments transaction management apparatus. It is the schematic diagram of the field definition of the order table of the financial instruments transaction management apparatus of the same as above. It is the schematic diagram of the field definition of the customer account information table of the financial instruments transaction management apparatus. It is the schematic diagram of the field definition of the currency pair order condition table of the financial instruments transaction management apparatus. It is a flowchart which shows the processing procedure at the time of closing a limit order by an if-done order in the same above-mentioned financial instruments transaction management apparatus. It is the flowchart which shows the processing procedure after the limit order by the ifdan order is completed in the financial instruments transaction management apparatus. It is the flowchart which shows the processing procedure after the limit order by the ifdan order is completed in the financial instruments transaction management apparatus. It is an image diagram of the second input screen displayed on the display part of a client terminal. The same is an image diagram of the order information group display screen displayed on the display unit of the client terminal by the financial instrument transaction management device. Same as above This is a time chart schematically showing the execution processing based on the limit order by the ifdan order in the financial instrument transaction management device.

Hereinafter, an embodiment of the present invention will be described with reference to the drawings.

FIG. 1 is a system configuration diagram and a functional block diagram of the financial instrument transaction management system of the present embodiment. As shown in the figure, the financial product transaction management system 1A includes a financial product transaction management device 1 and n (n ≧ 1) client terminals 2 ₁ to 2 _n , and the financial product transaction management device 1 and the financial product transaction management device 1. The client terminals 2 _{1 to} 2 _n can communicate with each other via the Internet 3 as a WAN (Wide Area Network). The financial product transaction management system 1A of the present embodiment handles foreign exchange as a financial product. As a result, the financial product transaction management system 1A can be applied to financial products that are in high demand for trading by limit order by ifdan order, and the convenience of the customer who uses the financial product transaction management system 1A can be further enhanced.

The financial product transaction management device 1 is a server computer managed and operated by a financial product dealer, and has a Web server function and a database function for storing a large amount of data. Client terminals 2 ₁ , ..., _2n are communication terminals possessed and used by individuals or corporations that buy and sell financial products and have a data communication function, and correspond to personal computers, mobile phone terminals, etc. To do. The client terminal 2 ₁ , ..., 2 _{n is composed of an operation unit 21 1} , ..., 21 _n , an LCD (Liquid Crystal Display), etc. used for inputting various instructions such as a mouse and a keyboard. _{It has a display unit 22 1} , ..., 22 _n for displaying various instructions and various images input from 1, ..., 21 _n. Since the client terminals 2 ₁ , ..., 2 _n , the operation unit 21 ₁ , ..., 21 _n , and the display unit 22 ₁ , ..., 22 _n have the same configuration, it is necessary to distinguish them below. Except in certain cases, the client terminal 2, the operation unit 21, and the display unit 22 are used.

Although not shown in FIG. 1, the financial instruments transaction management device 1 includes at least one CPU (Central Processing Unit, central processing unit), a RAM (Random Access Memory) that functions as a work area of the CPU, a boot program for booting, and the like. A ROM (Read Only Memory) on which the data is recorded, an auxiliary storage device such as a hard disk on which various programs and data are recorded, a communication interface used for transmitting and receiving data, and the like are provided. OS (Operating System) programs, various application programs, data recorded in a database, etc. are recorded in the auxiliary storage device, and these programs and data cooperate with hardware resources by arithmetic processing of the CPU. To realize various functions.

As shown in FIG. 1, the financial instruments transaction management device 1 has a data processing unit 10 as a functional means realized based on the above-mentioned various programs and hardware resources, and various types processed by the data processing unit 10. It has a database 18 in which data is recorded. The data processing unit 10 performs processing such as generation and processing of various data used in the financial product transaction management device 1, and further, a front page distribution unit 11 and an order input receiving unit (order input receiving means) as functional means. ) 12, deposit / withdrawal information generation unit 13, contract information generation unit (contract information generation means) 14, account information generation unit 15, order information generation unit (order information generation means) 16, database (DB) connection base 17, price It has an information reception management unit 19.

The order input receiving unit 12 receives data related to various orders input from the client terminal 2 and performs various processes necessary for completing an order for a financial product.

The deposit / withdrawal information generation unit 13 receives a deposit / withdrawal request from the client terminal 2 and creates a deposit / withdrawal list based on the request.

The order information generation unit 16 generates information regarding the order of the established financial product based on the information processed by the order input reception unit 12. The order here includes so-called market order, limit order, limit order ifdan order, and market order ifdan order.

The contract information generation unit 14 performs a contract process based on the order generated by the order information generation unit 16 and a process for sending information regarding the completed contract process to the client terminal 2 of the customer. The term "contract" as used herein refers to various procedures and processes for establishing a sale or purchase of a financial product based on a customer's order.

The account information generation unit 15 has a function of generating customer deposit balance information and managing the deposit balance information as margin information (that is, information for confirming that the execution of an order can be realized). The information on the deposit balance generated by the account information generation unit 15 is periodically matched with the information on the customer's actual deposit balance provided by a financial institution such as a bank in order to be consistent with the actual deposit balance. Be matched.

The database connection base 17 performs conversion (for example, mutual conversion between a logical data structure and a physical data structure) between the data generated and processed by the data processing unit 10 and the data recorded in the database 18. , Performs processing necessary for communicating data between the data processing unit 10 and the database 18.

The database 18 records the data used by the financial instrument transaction management device 1. The database 18 in this embodiment is formed by a relational database, but any format may be used as long as it is suitable for recording or rewriting a large amount of data, such as an object database. The database 18 records an order table 181 as an "order information recording means", a customer account information table 182 as a "customer account information recording means", a currency pair order condition table 183, and a sequence number table 184. A sequence number uniquely assigned to each order information (described later) is recorded in the sequence number table 184.

The front page distribution unit 11 creates image data to be displayed on the display unit 22 of the client terminal 2, and transmits the created image data to the client terminal 2.

The price information reception management unit 19 acquires and stores information about the price of the financial product handled by the financial product transaction management device 1, and performs processing necessary for the data processing unit 10 to use the stored information. Do. In the present embodiment, the price information reception management unit 19 acquires and stores information on the market price of foreign exchange.

FIG. 2A is a schematic diagram of the field definition of the order table 181, FIG. 2B is a schematic diagram of the field definition of the customer account information table 182, and FIG. 2C is a schematic diagram of the field definition of the currency pair order condition table 183. As shown in these figures, each table 181, 182, 183 has fields for the number of items, and data such as field names (field names), data types (types) such as characters, numerical values, and date and time, and bit lengths. Length (length), blank not specified (Not Null), presence / absence of default value (default value), data item name (remarks), etc. are specified.

In the above-mentioned financial product transaction management device 1, when a limit transaction of a financial product is performed, a limit order of a plurality of financial products of the same type can be placed by a plurality of ifdan orders by one pre-order.

Next, a transaction procedure when a market repeat toy fudan order is placed using the financial instrument transaction management system 1A of the present embodiment will be described.

FIG. 3 is a flowchart showing a processing procedure when a market repeat toy fudan order is placed in the financial instrument transaction management device 1 of the present embodiment. Hereinafter, the processing procedure at the time of ordering will be described based on the figure.

A customer who uses the financial product transaction management system 1A accesses the financial product transaction management device 1 by using the client terminal 2. The front page distribution unit 11 of the financial instrument transaction management device 1 displays a first input screen (not shown) on the display unit 22 of the client terminal 2 that has been accessed, and a second input screen showing an image diagram in FIG. 40 is displayed.

On the first input screen (not shown), there are a button for selecting a currency pair that can be traded, a button for selecting a trading form, and a trading form (market order, limit order, limit order for ifdan order, market order for ifdan order). And stop order) selection button, expiration date selection button to select the expiration date (specific year, month, or indefinite period, etc.) of the order, and "selection" to confirm the selection contents by each selection button Buttons (neither shown) are provided. The customer clicks the selection button of the currency pair that he / she wants to buy / sell, for example, the currency pair of Japanese Yen and US Dollar, and places a new order (that is, a new position (foreign currency position)) of the desired trading form, for example, "buy". Click the select button to select (order to have), click the select button for market order of ifdan order, select "indefinite" as the expiration date of the order, and click the "select" button to click the financial product. The front page distribution unit 11 of the transaction management device 1 causes the display unit 22 of the client terminal 2 to display the second input screen.

As shown in FIG. 5, the second input screen 40 shows the items input on the first input screen (not shown), that is, the display 41 showing the currency pair of Japanese yen and US dollar, and sell / buy orders. In addition to the display 42 indicating the distinction between the two, the display 43 indicating that the order format is market ifdan, and the display 49 indicating that the expiration date is indefinite, the field 44 for entering the type of service provided by the trader, 1 Position amount input field 45 for inputting the amount of each position in the order, profit amount input field 46 for specifying the profit amount when the second order of one position is executed after the first order of one position is executed, A stop order price input field 47 for inputting the contract price of the stop order as "stop order information" and a repeat toy fudan input field 48 for designating the repeat toy fudan as the order format are displayed. The customer makes various designations in the input fields 44 to 48 of the second input screen 40.

Here, the market repeat toy fudan is an ordering method in which the repeat toy fudan is applied to a market order. That is, in a normal repeat toy fudan, an ifdan order (a transaction method in which one of a limit buy order or a limit sell order is placed as the first order and then the other of the limit buy order or limit sell order is placed as the second order) is automatically performed. Repeat multiple times. On the other hand, in the market repeat toy fudan, in the first ifdan, one of the buy order or the sell order is placed in the market in the first order, and then the other of the buy order or the sell order is placed in the limit price in the second order. The limit price of the second order may be specified in advance, or may be automatically set according to the price of the market order or the like. In the present embodiment, the second order is automatically determined so that the trading direction is opposite to that of the first order and the order amount is the same. Further, the limit price of the second order may be specified in advance, but it can also be automatically determined so that the ratio or amount difference from the market price becomes a preset value. After the execution of this second order, ifdan consisting of the first limit order (the limit price at this time is the contract price in the first market order) and the second limit order is repeated a plurality of times. In addition, in this embodiment, a stop order is also placed. This stop order is also specified so that the trading direction is opposite to that of the first order and the order amount is the same. As for the limit price of the stop order, the price itself may be specified in advance, but it can also be automatically determined so that the ratio or the amount difference from the market price becomes a preset value.

Although not shown in FIG. 5, it is desirable that the second input screen 40 is provided with an order cancel button (not shown) for canceling the market repeat toy fudan order.

When the customer clicks the order confirmation button (not shown) on the second input screen 40 in the state shown in FIG. 5, the order entered on the first input screen (not shown) and the second input screen 40, respectively. The content is input to the order input receiving unit 12 of the financial instrument transaction management device 1 (step S1 in FIG. 3).

After step S1, the order input receiving unit 12 confirms the contents of the input order. Specifically, the deadline selected on the first input screen (not shown) is confirmed, and the order price of the input data is inspected (step S2). In this embodiment, the price of the first order is determined by the market order, so only the price of the second order is set. When the limit price of the second order is specified in advance, it is inspected whether or not the price is appropriate by comparing this price with the current exchange rate price received by the price information reception management unit 19.

When the price of the second order is determined to be an appropriate price (“No” in step S3), the account information generation unit 15 acquires the margin information of the customer in the customer account information table 182. Specifically, the numerical data recorded corresponding to the “amnt” field 182a shown in FIG. 2B is acquired as margin information.

The order input reception unit 12 compares the acquired margin information with the customer's total order amount (that is, the total order amount calculated based on the contents entered in each input field 44 to 48), and the margin amount. Check if is greater than or equal to the total order amount. The order information generation unit 16 generates order information only when the margin amount is equal to or greater than the total order amount (“No” in step S5). As a result, the limit order by the ifdan order can be accepted only when the customer can surely pay.

Here, in this embodiment, the order information generation unit 16 generates the first order as the order information of a new market order, the second order as the order information of the limit order for settlement, and the stop order. Is generated as the order information of the stop order for settlement. By generating the second order as the order information of the limit order for settlement, the profit from the order generated by the first-ranked order information is sequentially fixed by the second-ranked order information, and the order procedure and the financial instrument transaction management system 1A It is possible to prevent the information processing from becoming complicated. In addition, by generating stop orders as order information for stop orders for settlement, stop orders are to minimize the damage caused by limit transactions by customers who truly require stop orders. It can be limited to the situation where the settlement procedure is performed, and it is possible to prevent abuse of stop order and prevent complicated information processing in the financial instrument transaction management system 1A.

When the margin amount is equal to or greater than the total order amount (“No” in step S5), the order input reception unit 12 has an order condition other than those described above based on the data recorded in the currency pair order condition table 183. It is confirmed whether or not the various conditions of the market order of (step S6) are satisfied (step S6).

When various conditions of the market order are not satisfied (“Yes” in step S7), the order input reception unit 12 treats the input order as an error and rejects the acceptance of the order (step S10).

When various conditions of the market order are satisfied (“No” in step S7), the front page distribution unit 11 causes the display unit 22 of the client terminal 2 to display a confirmation screen (not shown). On the confirmation screen (not shown), the order conditions entered and selected by the customer on the second input screen 40 are listed, and the approval button (not shown) to be clicked when the listed contents are correct. Is provided.

When the customer clicks the approval button (not shown) by operating the operation unit 21, the order information generation unit 16 of the financial instrument transaction management device 1 generates order information based on the data input in step S1 (step). S8). Specifically, a plurality of data input in the above procedure are put together in units of order prices, and each order information is assigned to each order recorded in the sequence number table 184 as a unit of each information. Form. At this time, information for identifying the sequence number used for the order information from the unused number is added to the sequence number table 184. The plurality of order information formed in the procedure of one step S8 forms an order information group (hereinafter, simply referred to as "order information group").

The order information generation unit 16 records the generated order information group in the order table 181 (step S9). Specifically, the corresponding order information (that is, the data corresponding to the item in the "remarks" column 181a) is recorded corresponding to each field name shown in FIG. 2A. For example, the sequence number assigned in step S8 corresponds to the "ord_seq" field 181b. The "cust_seq" field 181c corresponds to a customer number uniquely defined for each customer, and the "style_id" field 181d corresponds to a product name. The “ccy_pair_id” field 181e corresponds to an ID number uniquely defined for each currency pair. The combination of the ID number and the currency pair is recorded in an ID table (not shown) separately provided in the database. The "buy_sell_id" field 181f corresponds to data indicating whether the order is a sell order or a buy order, the "ord_rate" field 181g corresponds to the order price, and the "limit_time" field 181h corresponds to the order deadline. The “ord_cond” field 181i corresponds to an order type (for example, identification information for identifying a type such as market order, limit order, stop order, etc.). The “new_close” field 181j corresponds to data indicating whether the order is a new order or a continuous order. The “ifd_ord_seq” field 181k is recorded in the ifdan order sequence number. In the "repeat_flag" field 181m, identification information for identifying that the order type is a market repeat toy fudan order is recorded. From the above procedure, the order processing in the present embodiment is completed.

When the order processing is completed, the order information generation unit 16 first generates the first order information group (hereinafter referred to as "first order information group"). At the time of this generation, the first order included in the order information group is generated as valid order information (order formally requested by the customer; the same applies in this specification). The second order information as the second order information included in the same order information group is invalid order information (that is, order information for which a series of processes using the order information has not been started. In the present specification. It is generated as the same.). In order to set the validity / invalidity of the order information, for example, a dedicated flag (not shown) may be provided in the order table 181.

The front page distribution unit 11 causes the display unit 22 of the client terminal 2 to display the order information group display screen 50 whose image diagram is shown in FIG. As shown in the figure, the order information group display screen 50 displays the first order 51a as "first order information", which is one of the generated "order information" included in the first order information group 50A. , The second order 51b as the "second order information", which is also one of the "order information" included in the first order information group 50A, and the "order information" also included in the first order information group 50A. One stop order 51c as "stop order information" is displayed in a table format. These orders 51a, 51b, 51c are input and selected information is displayed in the input field and the selection field on the first input screen (not shown) and the second input screen 40 (see FIG. 5) described above. There is.

When the order price of the second order is determined to be an inappropriate price in step S3 (“Yes” in step S3), or when the margin amount is less than the total order amount in step S5 (step S5). (“Yes”), the order input receiving unit 12 performs error processing without generating each order information corresponding to the input order (step S10), and ends the processing. In this error processing, character information indicating that the acceptance of the order has been rejected is displayed.

4A and 4B are flowcharts showing the processing procedure after the limit order by the ifdan order is established in the financial instrument transaction management device 1 of the present embodiment, and FIG. 7 is the financial instrument transaction management device 1 of the present embodiment. It is a time chart schematically showing the execution based on the limit order in. Hereinafter, the processing procedure will be described based on the figure.

After the order processing is completed, the price information reception management unit 19 of the financial instrument transaction management device 1 continues to acquire the exchange rate information.

In the present embodiment, as shown in FIG. 7, at the time t1 when the order processing is completed, the execution information generation unit 14 performs the processing of executing the first order 51a of the position (step S21). In this process, the contract information generation unit 14 internally stores that the contract of the order has been executed. This storage can be performed, for example, by using a flag indicating the establishment / failure of the contract. Then, according to the command of the contract information generation unit 14, the account information generation unit 15 rewrites the above-mentioned margin information according to the trading amount of the contract. Further, the contract information generation unit 14 causes the deposit / withdrawal information generation unit 13 to describe the status of deposits and withdrawals in the deposit / withdrawal list. After that, the actual sale is carried out. Then, the contract information generation unit 14 displays the establishment of the contract on the display unit 22 of the client terminal 2, and further, the client terminal is based on the order price information 51d (see FIG. 6) that constitutes the attribute information of the first order 51a. Process deposits and withdrawals from your bank account. The contract processing (see step S25) related to the second order, which will be described later, is the same as the contract process in step S21.

When the market order based on the first order 51a is executed, the execution information generation unit 14 rewrites the corresponding data in the database 18. Specifically, the data of the first order 51a, which is the order information related to the market order in the order table 181, is deleted, and the data in the "amnt" field 182a of the customer account information table 182 is increased or decreased by the contracted price. .. Here, the first order of the present embodiment is first placed as a market order, but the second and subsequent orders are placed as limit orders. Therefore, the contract information generation unit 14 sets the contract price of the market order to the limit price of the first order after the second time.

Next, when the market order based on the first order 51a is executed, the execution information generation unit 14 changes the second order 51b and the stop order 51c in the first order information group 51A from invalid order information to valid order information. (Step S22).

After that, the US dollar market price 72 did not fall to the contract price of stop order 51c (“No” in step S23), and as shown in FIG. 7, the US dollar market price 72 rose. When the market purchase price 71 of the US dollar becomes the same price as the contract price of the second order 51b at the specific time point t2 (“Yes” in step S24), the contract information generator 14 sets the limit price based on the second order 51b of the position. The order is executed and the stop order 51c is canceled (step S25). Then, the contract information generation unit 14 rewrites the corresponding data in the database 18. As a result, the customer can obtain a profit equal to the difference between the buy order at t1 and the sell order at t2.

If all the order information generated by the input in step S1 is not executed at the time of t2 in FIG. 7 (“No” in step S26), the account information generation unit 15 again performs the customer in the customer account information table 182. Get margin information. Then, the order input reception unit 12 again compares the acquired margin information with the customer's total order amount, and confirms whether or not the margin amount is equal to or greater than the order total amount (step S27). If the margin amount is less than the total order amount (“Yes” in step S28), the processing is suspended until the order amount is equal to or more than the order total amount, and if the margin amount is equal to or more than the order total amount (“No” in step S28). ), The order information generation unit 16 generates a new order information group (hereinafter referred to as “second order information group”) (step S29). The order information generation unit 16 records the generated second order information group in the order table 181 as in step S9 (step S30). When the second order information group is generated in step S29, the front page distribution unit 11 is included in the first order information group on the order information group display screen 50 displayed on the display unit 22 of the client terminal 2. Instead of the first order 51a, the second order 51b, and the stop order 51c, the first order, the second order, and the stop order (whichever is included) included in the newly generated second order information group (not shown). (Not shown) is displayed. Then, the processes after step S21 are repeated.

In this process, order information groups for the number of all positions are formed. Further, the processing continues until the processing of steps S21 and S25 is repeated as many times as the number of the instructed positions (“No” in step S26). Then, after the processes of steps S21 and S22 are repeated as many times as the number of the input positions (“Yes” in step S26), all the processing procedures are completed.

All limit orders whose order deadline has passed without being executed are canceled and deleted from the order table 181.

On the other hand, if the market selling price 72 of the US dollar drops to the contract price of the stop order 51c after the processing of step S22 (“Yes” in step S23), the contract information generation unit 14 executes the contract of the stop order 51c. (Step S31). That is, the execution information generation unit 14 executes a process of executing the limit order based on the second order 51b changed to the valid order information in step S22 at the execution price of the stop order and settling the settlement. As a result, it is possible to minimize the damage suffered by the customer who conducts the limit transaction when the market price of the financial product fluctuates more than the conventional market price and there is no prospect of recovery for the time being.

Then, when the execution information generation unit 14 executes the execution based on the stop order 51c, the order generated based on the currently valid and pre-execution order information and the buy / sell order application information that generated the stop order information. Of the information groups, all the order information groups that have not been generated at the time of generating the stop order information are canceled. Specifically, the execution information generation unit 14 cancels the currently valid second order (that is, the second order 51b) (step S32), and further, the order information specified and set for repeating the ifdan order. Of the groups, all ungenerated order information groups (that is, order information groups after the second order information group in this case) are canceled (step S33). By performing the cancellation process in this way, it is possible to cancel all trading by limit orders such as ifdan orders after a specific time point based on one stop order. As a result, it is possible to minimize the damage suffered by the customer who conducts the limit transaction when the market price of the financial product fluctuates more than the conventional market price and there is no prospect of recovery for the time being. The cancellation process in the present embodiment is the same as the error process described above, and the process is stopped without generating each order information corresponding to the input order (step S10). In this cancellation process, character information indicating that the acceptance of the order has been canceled is displayed.

When the client terminal 2 requests a change in the price and amount of a limit order once established, the financial instrument transaction management device 1 of the present embodiment processes the request as an input error as if it were an illegal request. To do. As a result, it is possible to prevent the business of the bank, which is the trading source of financial products, from becoming excessive due to frequent demands for prices and amounts.

On the other hand, when there is a cancellation request for an order once completed, such as when the order cancel button (not shown) is clicked on the third input screen (not shown) of the client terminal 2, the financial instrument transaction management device 1 The execution information generation unit 14 extracts the order information group included in the ifdan order for which the cancellation request has been made, and processes all the second orders and stop orders that have not been executed in the order information group as canceled. .. For example, if a cancellation request is input from the third input screen (not shown) of the client terminal 2 at the time between t2 and t3 in FIG. 7, it is valid at that time, but the contract is not established. The second order 51b and the stop order 51c of the order information group of the above are canceled. Similarly, if a cancellation request is input from the client terminal 2 at a time between t3 and t4 in FIG. 7, the first order information group is canceled. The canceled order information group data and order information data are deleted from the order table 181.

In this way, when there is a cancellation request for an order for a financial product that has been established once, an order information group containing order information related to the order for which the cancellation request has been made is extracted, and the order information before execution included in the order information group is extracted. By canceling all the orders, it is possible to prevent the handling of limit orders by ifdan orders from becoming complicated.

In addition, instead of the above configuration of this embodiment, an order information group including order information for which a cancellation request has been made is scheduled to be generated in the future by a cancellation request by an order cancel button (not shown). Cancel processing of all order information groups (for example, in the above example, order information groups after the third order information group that have not been generated between time point t4 and time point t5 and are scheduled to be generated in the future). It may be configured to be used.

When the order received from the client terminal 2 is a normal market order (that is, in the case of a market order other than ifdan), the contract information generation unit 14 immediately generates order information in step S8. The order is executed, and the processing of step S9 and the processing after step S21 are not performed.

As shown above, in this embodiment, when a customer who uses the financial product transaction management device 1 buys and sells a financial product, the customer performs one order procedure on the client terminal 2 side, so that a plurality of the same type are used. A financial instrument at a price can be repeatedly ordered by a plurality of ifdan orders, and a financial instrument owned by the customer in the future can be sold by a stop order. As a result, while improving the convenience of customers who buy and sell financial products by limit orders, customers who use the financial product transaction management system 1A perform a plurality of market orders for limit orders of financial products without performing complicated order procedures. Ifdan orders can be placed, and the market ifdan orders can be automatically canceled according to future market conditions, improving the convenience of customers who use the financial instrument transaction management system 1A and market ifdan. It is possible to reduce the risk that the customer incurs when placing an order.

In this embodiment, the execution information generation unit 14 that executes the execution of the financial product based on the order information is provided, and the execution information generation unit 14 forms the individual order information group recorded in the order table 181. Of these, the client terminal is executed by executing the execution of the financial product based on the order information of the first order, and repeating the process of changing the order information of the second order and the stop order information from invalid to valid multiple times together with the execution. Based on one instruction received from 2 and recorded in the order table 181, market orders and transactions with multiple ifdan orders can be realized on the financial instrument transaction management system 1A, and stop orders for transactions with ifdan orders can be placed. It can be realized to be interrupted by. As a result, in the limit order of financial products, the customer who uses the financial product transaction management system 1A can place multiple ifdan orders without complicated ordering procedures, and ifdan orders can be placed according to the future market conditions. Can be automatically canceled, and the convenience of the customer who uses the financial instrument transaction management system 1A can be enhanced, and the risk incurred by the customer when placing an ifdan order can be reduced.

The financial product transaction management system 1A of the above embodiment handles foreign exchange as a financial product, but the present invention is not limited to this, and other financial products such as stocks and bonds are also handled in the financial product transaction management system. The present invention can be applied.

It goes without saying that the above-described embodiment is an example of the present invention and does not mean that the present invention is limited to the above-mentioned embodiment.

1A ··· the financial product transaction management system 1,... The financial product transaction management apparatus _2,2 1 _~2 n ··· client terminal 12 ... order input receiving unit (order input receiving means)
14 ... Contract information generation unit (contract information generation means)
16 ... Order information generation unit (order information generation means)
51a ・ ・ ・ First order (first order information)
51b ・ ・ ・ Second order (second order information)
51c ・ ・ ・ Stop order (stop order information)
181 ・ ・ ・ Order table (order information recording means)

Claims (7)

A financial product transaction management device that manages sales transactions of financial products.
An order input receiving means for receiving a trading order application information for placing a trading order for a financial product,
Execution information that performs a process of executing the buy / sell order based on the order information generated by the order information generating means that generates order information of a financial product based on the buy / sell order application information received by the order input receiving means. and generating means,
It is equipped with a margin information management means for managing margin information possessed by a user who buys and sells the financial product.
The contract information generation means is
Based on the one said buy / sell order application information generated by the order information generating means, the first order information for performing either a sell order or a buy order of a predetermined financial product at market price or limit price, and the financial product Of the order information group including the second order information that places the other of the sell order or the buy order at the limit price.
A process for executing the sell order or the buy order based on the first order information and a process for executing the sell order or the buy order based on the second order information are performed.
At the start of a trading transaction, the order information generating means performs a process of executing a market order based on the first order information to execute the market order, and the contract price of the market order is subsequently set to the order. Set as the order price of the first order of the limit order based on the first order information generated by the information generating means,
The market order is settled, the limit order based on the second order information is validated, the market order is settled, and the limit order based on the second order information is executed.
When a limit order that is based on said second order information Ru is committed, to check the margin information of the user that the margin information management means manages, the margin for possession of the user, a new Trade one of the new sell order or the new buy order based on the first order information, and the other of the new sell order or the new buy order based on the new second order information. When it is confirmed that the amount is possible, the order information generating means receives the new first order information for placing either the new sell order or the new buy order, and the new first order information. Generate new second order information to place a sell order or the other of the new buy order ,
In the order information generating unit, after the process of enabling based rather before Symbol limit orders in the first order information of the order information group is performed,
Wherein when performing the processing to enable based rather before Symbol limit orders in the first order information in the order information generating unit, a limit order based on the first order is validated, the Shigeyuki the execution price of the order process and the carrying out the process of contract at the same price, after processing to contract the based rather before Symbol limit orders in the first order information is performed, and enable the limit order based on the second order information A financial instrument transaction management device, which is configured to repeatedly execute a limit order based on the second order that has been validated. An order information recording means for recording the order information generated by the order information generating means is provided.
The contract information generating means executes a process of executing a contract of the financial product based on the first order information among the individual order information recorded in the order information recording means, and based on the second order information. The financial product transaction management device according to claim 1, wherein the process of executing the contract of the financial product is repeated a predetermined number of times. The order information group includes stop order information in which the other of the sell order or the buy order of the financial instrument is performed at the stop price.
The order information generating means stops the limit order based on the first order information and the limit order based on the second order information when the stop order based on the stop order information is executed.
When the execution is executed based on the stop order information, the execution information generating means generates the first order information and the second order corresponding to the buy / sell order application information that generated the stop order information. The financial instrument transaction management according to claim 2, wherein all of the information, which is not generated at the time of generating the stop order information, is deleted from the order information recording means. apparatus. When there is a cancellation request for the order of the financial product once established, the contract information generating means has the first order information and / or the second order information and / or the said corresponding to the order for which the cancellation request has been made. The financial instrument transaction management device according to claim 3, wherein all of the stop order information before execution is canceled. Equipped with a customer account information recording means to record the deposit balance information of a specific customer
In the order information recording means, the first order information and the amount information based on the order price of the second order information are recorded as attribute information.
The order information generating means compares the amount information based on the order price with the deposit balance information, and when the value of the deposit balance information is equal to or more than the value of the amount information based on the order price, the first order information. The financial instruments transaction management device according to any one of claims 2 to 4, wherein the second order information is generated. A financial product transaction management system that manages sales transactions of financial products.
An order input receiving means for receiving a trading order application information for placing a trading order for a financial product,
Execution information that performs a process of executing the buy / sell order based on the order information generated by the order information generating means that generates order information of a financial product based on the buy / sell order application information received by the order input receiving means. and generating means,
It is equipped with a margin information management means for managing margin information possessed by a user who buys and sells the financial product.
The contract information generation means is
Based on the one said buy / sell order application information generated by the order information generating means, the first order information for performing either a sell order or a buy order of a predetermined financial product at market price or limit price, and the financial product Of the order information group including the second order information that places the other of the sell order or the buy order at the limit price.
A process for executing the sell order or the buy order based on the first order information and a process for executing the sell order or the buy order based on the second order information are performed.
At the start of a trading transaction, the order information generating means performs a process of executing a market order based on the first order information to execute the market order, and the contract price of the market order is subsequently set to the order. Set as the order price of the first order of the limit order based on the first order information generated by the information generating means,
The market order is settled, the limit order based on the second order information is validated, the market order is settled, and the limit order based on the second order information is executed.
When a limit order that is based on said second order information Ru is committed, to check the margin information of the user that the margin information management means manages, the margin for possession of the user, a new Trade one of the new sell order or the new buy order based on the first order information, and the other of the new sell order or the new buy order based on the new second order information. When it is confirmed that the amount is possible, the order information generating means receives the new first order information for placing either the new sell order or the new buy order, and the new first order information. Generate new second order information to place a sell order or the other of the new buy order ,
In the order information generating unit, after the process of enabling based rather before Symbol limit orders in the first order information of the order information group is performed,
Wherein when performing the processing to enable based rather before Symbol limit orders in the first order information in the order information generating unit, a limit order based on the first order is validated, the Shigeyuki the execution price of the order process and the carrying out the process of contract at the same price, after processing to contract the based rather before Symbol limit orders in the first order information is performed, and enable the limit order based on the second order information A financial instrument transaction management system, which is configured to repeatedly execute a limit order based on the second order that has been validated. A program characterized in that a computer functions as the financial instrument transaction management device according to any one of claims 1 to 5.

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