KR101367739B1 - Order system and providing method thereof - Google Patents

Abstract

According to the technical concept of the present invention, the ordering system confirms the purchase amount to be purchased by each of the accounts, the ordering system calculates the total purchase amount to be purchased by all of the plurality of accounts based on the confirmation result, and the ordering system determines the specific purchase amount. Outputting an order for buying the item by the total purchase amount to the trading system, distributing the purchase result quantity purchased by the output order to each of the accounts based on the purchase amount corresponding to each of the accounts; It may include.

Description

Order system and providing method

The present invention relates to a stock order system and a method of providing the same, and more particularly, to a technical concept that can be applied to purchase the same stock in each of a plurality of accounts.

In investing in stocks, a prompt buy or sell order has a decisive impact on the return on investment or the outcome. For example, when a plurality of investors place a purchase order for the same item, the price or whether the order is concluded depends on the timing or order of placing the order.

On the other hand, in recent years, there has been a form of investment in which an investor does not directly invest, but delegates an investment to a predetermined agent or agent to perform the investment. An example of this may be a consignment investment product (a wrap account product). Alternatively, there may be a type of commodity that tracks the type of investment and / or investment weight of a particular investor or portfolio.

As such, in some cases, a subject or system that makes an investment may need to operate multiple accounts. For example, if a plurality of investors each delegate their own account to a given investor, or if a plurality of investors have their account following a given portfolio or the sale of others, An ordering system for buying a stock or financial instrument must place an order to buy a particular stock or financial instrument in each of a plurality of accounts. In addition, there may be a situation in which the ordering system needs to purchase the same stock item or financial instrument in each of the plurality of accounts.

In this case, the execution price or quantity may vary depending on how the order system places an order on a trading system (eg, a securities company system or an exchange system), and the yield or performance may vary depending on the account.

For example, if you need to buy 100 shares of a particular stock in Account 1 and Account 2, respectively, you must first place an order of 100 shares for Account 1 and 100 orders for Account 2, or vice versa. And the order result or return on investment of account 2 can be very large. For example, if you ordered 100 stocks of a particular item in Account 1 and Account 2, if the same quantity is concluded at the same price in both accounts, the order result and the return on investment of the two accounts are the same (the same quantity is sold at the same price. If the same quantity is not concluded at the same price, the return on investment of the two accounts can be different. The difference in the ROI of each account according to the order condition and the result may be similarly generated even if the order is divided into 100 shares and not paid. This difference in return on investment can lead to customer dissatisfaction and reduce the merchandise of related financial products.

Therefore, when it is necessary to purchase the same investment item in a plurality of accounts (degrees), it is necessary to have a technical idea that the deviation of the order result or the investment return of the plurality of accounts as possible as possible.

Accordingly, the present invention relates to a system and method for operating a plurality of accounts or placing an order for the plurality of accounts, such that there is no deviation in the investment results of the plurality of accounts as much as possible.

In addition, the present invention relates to a system and a method for preventing a distortion of a stock quote due to a market impact (market impact or market influence due to a large order) when the quantity of a particular stock to be bought in a plurality of accounts is large.

To this end, an embodiment of the present invention, the ordering system checks the purchase amount of each of the accounts, the ordering system calculates the total purchase amount of the plurality of accounts on the basis of the check result, the ordering system Outputting an order to purchase the specific item by the total purchase amount to a trading system, and outputting the purchase result quantity purchased by the outputted order to each of the accounts based on the purchase amount corresponding to each of the accounts; And dispensing.

According to another embodiment of the present invention, the order system outputs a predetermined order to buy a particular item to the trading system and the step of distributing the number of purchase results by the outputted order to each of the accounts And distributing the quantity of purchase result output by the outputted order to each of the accounts includes: distributing based on a ratio of the quantity of purchase corresponding to each of the accounts or trading basis of the specific item. And distributing the purchase result quantity in a predetermined manner to each of the accounts using a unit-based distribution base unit determined by a unit, or a ratio of the purchase base unit and the purchase amount.

According to another embodiment, the ordering system calculates the total purchase amount to be bought by a plurality of accounts, a plurality of portions for the ordering system to divide and buy the total purchase amount in order to buy the particular item by the total purchase amount Outputting the order a plurality of times, and distributing the purchase result and the quantity purchased by the plurality of partial orders output to each of the accounts.

In addition, the ordering system checks the purchase amount to be purchased in each of the accounts, the ordering system calculates the total purchase amount to be bought by the plurality of accounts on the basis of the check result, checking the price information of the particular item And calculating the execution price change based on the confirmed quotation price information and the total purchase quantity, and when the calculated execution price change corresponds to a predetermined criterion, the order system places the order on the transaction system. It may be configured to include a control to output to.

On the other hand, the ordering system according to an embodiment of the present invention calculates the total purchase amount to be purchased by the plurality of accounts on the basis of the account confirmation unit for confirming the number of purchases each of the accounts, the account confirmation unit, the order An order processing unit for outputting an order for the system to buy the specific item by the total purchase amount to a trading system, and an account distribution unit for distributing the purchase result quantity purchased by the outputted order to each of the accounts; It may be configured.

According to the present invention, instead of processing a purchase order for each account in order to purchase a specific item in each of the plurality of accounts, the purchase order is made by integrating the quantity to be bought from the plurality of accounts and then, this is applied to each of the plurality of accounts. By dividing, it is possible to reduce the deviation of investment results.

In addition, according to the present invention, since the basic unit of sale is used, when distributing the quantity purchased to a plurality of accounts, it is possible to distribute the equilibrium as fairly as possible.

In addition, according to the present invention, when placing an order to buy the quantity to be bought in a plurality of accounts, it can be divided into partial orders over time, giving a market impact by placing a large number of orders at once and the average selling price This has the effect of reducing the risk of rising.

In addition, according to the present invention, it is possible to determine whether or not to place an order in consideration of the offer price information, which may reduce a part of the price of a particular item that may affect the market by distorting the order of a plurality of accounts. It works.

In addition, according to the present invention, since it is possible to place an order in consideration of partial orders and quotation information, there is an effect of preventing undesirable price distortion caused by mistakes or intentions of followers.

BRIEF DESCRIPTION OF THE DRAWINGS In order to better understand the drawings referred to in the present invention, a brief description of each drawing is provided.
1 illustrates a concept of an order system providing method according to an exemplary embodiment of the present invention.
2 briefly illustrates a configuration of an ordering system according to an embodiment of the present invention.
3 illustrates a situation in which an order system providing method according to an exemplary embodiment of the present invention may be applied.
4 illustrates a processing method for an integrated order using a trading account in the method for providing an order system according to an embodiment of the present invention.
5 is a flowchart illustrating an integrated order processing method using integrated order information in an order system providing method according to an exemplary embodiment of the present invention.
6 to 7 illustrate a concept of distributing the quantity purchased by the integrated order in the order system providing method according to an embodiment of the present invention using a basic trading unit.
8 is a view for explaining a concept that can determine whether or not to place an integrated order in consideration of the price and price information in the order system providing method according to an embodiment of the present invention.
9 illustrates a concept of dividing an integrated order into partial orders in an order system providing method according to an exemplary embodiment of the present invention.

In order to fully understand the present invention, operational advantages of the present invention, and objects achieved by the practice of the present invention, reference should be made to the accompanying drawings and the accompanying drawings which illustrate preferred embodiments of the present invention.

Also, in this specification, when any one element 'transmits' data to another element, the element may transmit the data directly to the other element, or may be transmitted through at least one other element And may transmit the data to the other component.

Conversely, when one element 'directly transmits' data to another element, it means that the data is transmitted to the other element without passing through another element in the element.

BEST MODE FOR CARRYING OUT THE INVENTION Hereinafter, the present invention will be described in detail with reference to the preferred embodiments of the present invention with reference to the accompanying drawings. Like reference symbols in the drawings denote like elements.

1 illustrates a concept of an order system providing method according to an exemplary embodiment of the present invention.

Referring to FIG. 1, an order system 100 may be provided to implement a method for providing an order system according to an exemplary embodiment of the present invention. The order system 100 may be a system for transmitting an order to the trading system 200. The ordering system 100 may be a system installed inside a securities company system for order processing, and the ordering system 100 is additionally provided in the securities company system to exchange necessary information with a securities company system. It may be a system for implementation. In addition, the system may be provided outside the securities company system to implement technical spirit of the present invention while exchanging necessary information with the securities company system. In this case, the trading system 200 may be an exchange system or a securities company system. The securities firm system referred to in the present invention may mean a main system that performs securities firm's inherent duties, such as a securities account ledger management system and an order processing system. It could also mean a securities firm system.

According to another embodiment, the order system 100 may be a system for operating a plurality of accounts (10 to 30). For example, the ordering system 100 may be a system operated by an agent in which an investor of each of the plurality of accounts 10 to 30 entrusts the operation of their account. In this case, the trading system 200 may be a securities company system. The order system 100 may be connected to a management system (for example, securities company system) that manages the plurality of accounts (10-30) may exchange necessary information. The ordering system 100 may be installed inside the securities company system or driven on the securities company system regardless of its operating entity, or may be installed outside the securities company system to communicate with the securities company system to implement the technical idea of the present invention. .

The ordering system 100 may allow each of the plurality of accounts 10-30 to buy a specific stock, or allow each of the plurality of accounts 10-30 to sell a specific stock already purchased and held. Can be. In addition, the order system 100 may check account information of each of the plurality of accounts 10 to 30. That is, the order system 100 is included in a management system (not shown) that manages the plurality of accounts 10-30 or substantially exchanges information with the management system (not shown). It may be a system for operating each of the accounts 10-30.

While the order system 100 operates the plurality of accounts 10 to 30, it is necessary to allow each of the plurality of accounts 10 to 30 to purchase the same stock item. For example, when the order system 100 is a system for performing a stock order with reference to system trading, a buy signal may be generated to buy a specific stock item by the system trading. In this case, the order system 100 may allow the plurality of accounts 10 to 30 operated by the order system 100 to purchase a specific stock item.

Alternatively, the order system 100 may operate the plurality of accounts 10 to 30 to follow a specific portfolio. The fact that a particular account follows a specific portfolio may mean that the specific account keeps the stock items and / or the weights included in the specific portfolio the same or similar under certain constraints. If a common portfolio exists in a portfolio followed by the plurality of accounts 10 to 30, if a new item is included in the common portfolio, the order system 100 may include the plurality of accounts 10. 30) It is also necessary to include the new item in each case. Generally, a portfolio refers to a case of buying or holding stocks of two or more stocks, but a portfolio according to the present invention refers to a specific investor, fund manager, who wants to follow in buying shares of a plurality of accounts 10-30. It refers to the opinion on the stock purchase, such as an investment advisor, an investment consultant, a system signal, or a securities firm, or the actual trading result. The opinion or the trading result may correspond to one item. Therefore, the portfolio in the present invention refers to the object that the plurality of accounts 10 to 30 intend to follow, and does not necessarily refer to a specific account or fund composed of a plurality of items.

In other various cases, the order system 100 may need to purchase the same stock item in the plurality of accounts 10-30.

In this case, the technical idea of the present invention provides an effective technical idea to purchase the same stock item in each of the plurality of accounts 10 to 30 while reducing the deviation for each account.

As shown in FIG. 1, the order system 100 determines that account 1 10 of the plurality of accounts 10 to 30 should purchase n1 specific stock items, and account 2 20 determines that It may be determined that n2 stocks should be purchased, and account n may determine that nn stocks should be purchased. In this case, the time difference between the purchase order for each account to buy the specific stock items, such as when the order system 100 allows any one account to buy the specific stock items (ordering shares at about the same time) Even if this is done, the order number for each account is different and accordingly, there may be a time difference in order execution). Therefore, there is a problem that the investment result may be different for each account operated by the order system 100. . As ordering of stocks or financial products is time-based, it is possible to buy a specific stock item by account due to time difference. Therefore, in order to stabilize the purchase, it may be necessary to conclude the purchase at a different price while raising the price with a higher quote rather than the same price.

For example, if a purchase order is issued for each account, account 1 may buy the particular stock at a specific price, and account 2 may buy the particular stock at a price different from the specific price by a time difference. have. Alternatively, account 3 may not be able to buy the particular stock item at all. This situation may be undesirable in the ordering system 100.

Therefore, the order system 100 according to the present invention may have a feature of making an integrated order corresponding to the plurality of accounts 10 to 30 in order to solve a problem that may occur when a purchase order is issued for each account. have. A consolidated order means that orders are not placed independently for each account, but the related orders are associated and processed as if they were a single order, or by ordering accounts and placing orders under a separate account name (including virtual accounts). The order processing result may mean an order that affects (buy or sell) the accounts corresponding to the integrated order (that is, the plurality of accounts 10 to 30). That is, the conventional order affects only one account, but the integrated order by the order system 100 according to the present invention may mean that it affects a plurality of accounts.

Accordingly, the order system 100 allows the account 1 (10) to buy n1 specific stock items, the account 2 (20) to n2 specific stock items, and the account n (30) to buy the quantity of specific stock items nn. In this case, the order system 100 may make a purchase order for buying the sum of the quantity to be purchased by the plurality of accounts 10 to 30, that is, the total quantity (for example, N = n1 + n2 + nn). have. In this case, the reason why the purchase quantity of the specific stock item is different for each account is that the amount of investment (for example, total deposit) may be different for each account. That is, when the order system 100 operates a plurality of accounts 10 to 30, the order system 100 may make a buy order or sell order according to the proportion of the investment size. For example, as shown in FIG. 3, the total investment of account 1 (10) may be 100 million, and the investment of account 2 (20) may be 1 billion. In addition, the account 1 (10) and the account 2 (20) may follow the same portfolio. If a new item is included in the portfolio, the share of the included item in the portfolio is 10% (the ratio may be calculated if the portfolio has an actual total investment amount, but the actual total investment amount). Irrespective of the number of accounts 10 to 30, a follower may set an arbitrary weight). Then, the order system 100 may take into account the weight (10%) when determining the quantity of the transfer items in account 1 (10) and account 2 (20). According to an embodiment, the share (10%) of the stock items may be determined as the quantity to be purchased for each account. Then, as shown in FIG. 3, the account 1 (10) may decide to purchase the transfer item by 10 million won, and the account 2 (20) may determine to purchase the transfer item by 100 million won. Of course, in some cases, it may be decided to buy a few multiples or a few minutes of the specific gravity (10%) by a specific rule instead of the specific gravity (10%).

In addition, the weight (10%) may vary according to account information for each account. For example, the weight (10%) may vary when an item included in a portfolio followed by a specific account is a small / medium-cap stock of a certain sector, and the account is a small-cap stock or an account with a specific sector's transfer ratio. As such, the account information for each account may include information about a predetermined rule or standard that the account should obey. The account information may be set by an investor for each account, or may be set by an operator or manager of the ordering system 100. In addition, the purchase amount for each account may be determined to be slightly different from the weight of the item to be included in each account according to the basic unit of sale and the price of the item. For example, if the account 1 (10) wants to purchase the amount of 10 million won, if the price of the transfer item is 10,000 won, and the minimum trading unit is 10 weeks, only 990 weeks the account 1 (10) The ordering system 100 may decide to buy.

 As such, the ordering system 100 may determine or confirm the number of purchases n1, n2, nn to be purchased by each of the plurality of accounts 10 to 30. Then, the order system 100 may send (transmit) an order corresponding to the total quantity N, that is, an integrated order, to the transaction system 200.

As a result of the integrated order being processed by the trading system 200, the purchase result quantity (S) may be purchased. In this case, the purchase result quantity S may be preferably the same as the total quantity N, but may be smaller than the total quantity N.

Then, the ordering system 100 may distribute the purchase result quantity S to each of the plurality of accounts 10 to 30 by a predetermined amount s1, s2, sn. In this case, it may be distributed according to the ratio of the purchase amount n1, n2, nn for each account, or may be distributed in various ways as described later.

A schematic configuration of such an ordering system 100 is shown in FIG. 2.

2 briefly illustrates a configuration of an ordering system according to an embodiment of the present invention.

Referring to FIG. 2, the order system 100 may include an account verification unit 110, an order processing unit 120, and an account distribution unit 130.

Each of the account confirmation unit 110, the order processor 120, and the account distributor 130 included in the order system 100 may be organically coupled with specific hardware and software for performing a function defined in the present invention. It can mean a configuration.

Of course, the ordering system 100 may be implemented as any one physical device, or may be implemented as a plurality of physical devices connected directly or through a network, or as an internal system installed in one physical device.

The account checking unit 110 may check the number of sheets to be purchased by each of the plurality of accounts 10 to 30. Confirming the purchase amount may be interpreted to include a process of determining the purchase amount (ie, the quantity to be purchased) corresponding to each of the plurality of accounts 10 to 30 in the above-described manner or in various other ways. have. To this end, the account verification unit 110 is each of the plurality of accounts (10 to 30) to a management system (for example, a ledger management system of the securities company system) that manages each of the plurality of accounts (10-30) You may also request your account information (eg, total deposit, etc.). In addition, as described above, when the plurality of accounts 10 to 30 follow a specific portfolio, information about a ratio in the specific portfolio of items included in the specific portfolio may be requested to a predetermined system. The system may refer to a system that maintains information on the specific portfolio, and may vary from a securities company system, an investment company system, an investment advisory system, or a predetermined Internet site, a bulletin board, a community, or a social network service (SNS). Can be. Therefore, the account verification unit 110 may transmit and receive information through a predetermined network.

The order processor 120 may calculate the total number of sheets to be bought in all of the plurality of accounts 10 to 30 based on the result of the confirmation of the account checker 110. Then, an order for purchasing the specific item by the total purchase amount, that is, an integrated order, may be output to the trading system 200.

The integrated order output by the order processor 120 may be processed by the transaction system 200. The order processing by the trading system 200 means that when the trading system 200 is a securities company system, the securities company system receives the integrated order and transmits the received integrated order to the exchange system so that the transaction can be concluded. It can mean a series of processes. In another embodiment, the trading system 200 may be an exchange system, and in this case, the exchange system may mean a series of processes for entering into an integrated order received from the order system 100. At this time, the order system 100 may be an independent order system that can place an order on the exchange system, or may be a system that is mounted on the securities company system to communicate with the securities company system to implement the technical spirit of the present invention through the securities company system. It may be a system inside the main system, such as order processing of the securities company system.

As a result of the output of the integrated order is processed by the trading system 200, the purchase result and the quantity may be purchased.

Then, the account distribution unit 130 may distribute a specific (stock) item as much as the purchase result quantity to each of the accounts in a variety of ways.

Meanwhile, according to another embodiment of the present invention, the account checking unit 110 of the order system notifies investors of each account that a specific item can be purchased in their account by the integrated order, and the investor approves. In this case, the purchase amount corresponding to the account may be included in the total purchase amount.

To this end, the account verification unit 110 may transmit the transaction confirmation information including the purchase amount of each of the accounts to each of the terminals of the investor corresponding to each of the accounts. The sale confirmation information may include information on the amount of purchase to be purchased in each of the accounts. Of course, the sales confirmation information may include various information such as an expected number of purchases, a type or method of an integrated order (for example, a split order as described below, an integrated order in consideration of quotations), and a total purchase amount to be purchased in the integrated order. May be included.

Then, the account verification unit 110 may receive the approval information from the terminal of the investor. The investor's terminal includes a mobile phone, an e-mail system, a messenger system, an SNS system, a computer (eg, a trading system application such as HTS, MTS, WTS) installed by an investor corresponding to each of the accounts, and the like. It can vary.

Then, the account checking unit 110 may check the purchase amount of each account approved by the ordering system 100 to buy the specific item. Then, the order processing unit 120 may calculate the total purchase amount based on the purchase amount of each of the approved accounts, and generate an integrated order accordingly.

In addition, even when the order processing unit 120 outputs an integrated order for purchasing the total purchase amount N to the trading system 200, the total purchase amount N may not be concluded. In other words, the purchase result quantity S may be less than the total purchase quantity N. That is, when at least a part of the total purchase amount N is not all concluded within a predetermined time, each of the plurality of accounts 10 to 30 may also be distributed only by an amount smaller than the original purchase amount. In such a case, a particular investor may wish to wait for the quantity of the consolidated order to be concluded without performing a separate action until the quantity to be bought in his account can be distributed. Another investor may no longer want a particular item to be concluded by the consolidated order if it is determined that a particular condition, i.e., is not yet open, even if he receives less than the amount to be bought from his account. That is, even if another investor receives less than the quantity to be originally purchased in his account, if the consolidated order is determined to be unsettled according to a predetermined criterion, the amount of purchases corresponding to his account among the consolidated orders Some may wish to cancel their purchase. Or, you may want to place a revised order for a portion of the purchase amount in your account, that is, a purchase order, while changing the offer price or quantity that is different from the existing offer price.

As described above, the investor corresponding to each of the plurality of accounts 10 to 30 may have a different way of dealing with the shortage of the amount to be bought in his account while not yet open. The present invention can also suggest a solution in this case.

For example, the order processing unit 120 may output an integrated order for the purchase of 200 shares of a specific item for the account 1, the account 2, and the account 3 to the transaction system. The purchase amount of each of Account 1, Account 2, and Account 3 may be 50 weeks, 50 weeks, and 100 weeks.

The order processing unit 120 may determine that the integrated order is not in a state in which only 100 weeks of the output result of the integrated order are concluded. The criteria for judging that there is no deadlock may vary. For example, if the total number of purchases has not been concluded within a predetermined time since the merged order is output, or the price of the specific item is compared to the number of the combined order (or the price at the time of buying the integrated order) There may be a variety of criteria to define the non-locked state, such as the case of the above variation.

As such, when the order processing unit 120 determines that the integrated order is not concluded in the state in which 100 shares are concluded, the account distribution unit 130 may distribute the currently purchased purchase quantity (100 shares) to each account. The quantity can be judged. The method of determining the quantity to be distributed to each account will be described later in detail. If it is determined that 30, 30, and 40 weeks can be distributed to each of Account 1, Account 2, and Account 3, the order processing unit 120 should be additionally purchased in each of the accounts to each terminal of investors. Foreclosure request information including information on the number of outstanding accounts (eg, 20 weeks, 20 weeks, 60 weeks) per account may be transmitted. For example, an investor in Account 1 may be sent a disposition request information that allows 20 weeks to be unsettled, and how to choose what to do with the unsettled quantity. The investor in account 3 may have 60 weeks as the quantity that has not been settled, and foreclosure request information may be sent to select what to do with the quantity not settled.

Then, the order processing unit 120 may receive the disposition confirmation information including information on how each of the investors to dispose of the non-traded quantity for each account from the investors terminal.

For example, the investor of Account 1 may choose to dispose of the pending order of the unified order that has already been output, without taking any action on the amount of unpaid amount (20 weeks) per account. Then, the order processing unit 120 may not take a separate action for the non-traded quantity of each account of the account 1.

The investor in account 2 may wish to place a cancel order for at least some of the unpaid quantities (20 weeks) per account. Then, the order processing unit 120 may output a partial cancellation order for the cancellation quantity (for example, 20 weeks) of the 100 weeks of non-trading quantity to the trading system.

An investor in Account 3 may wish to place a revised order (eg, a modification of price or order type) on at least a portion of the non-traded quantities (60 weeks) per account. Then, the order processing unit 120 may output some modified orders corresponding to the disposition confirmation information received from the terminal of the investor of the account 3 of the non-traded amount to the trading system.

Therefore, when at least a part of the quantity is not yet settled by the consolidated order, there is an effect that various types of investment strategies for the amount not settled by account can be established according to the choice or strategy of each investor.

In order for the order processor 120 to output the integrated order to the transaction system 200, a method using predetermined integrated order information or a method using a predetermined transaction account may be used as described below.

For example, the trading account may be a separate account from the plurality of accounts 10 to 30. The transaction account may be a virtual virtual account for processing the consolidated order or may be an actual financial account for processing the consolidated order. If the trading account is an actual financial account, the trading account may be, but is not limited to, an account in the name of the operator of the ordering system 100. As such, the concept of processing an integrated order using a trading account is illustrated in FIG. 4.

4 illustrates a method of processing an integrated order using a trading account in an order system providing method according to an exemplary embodiment of the present invention. The order processing unit 120 may generate the trading account to process the integrated order. . Then, the integrated order can be output to the trading system through the generated trading account. As a result, the purchase result quantity S may be purchased or purchased in the transaction account. Thereafter, the purchase result quantity S may be distributed to each of the plurality of accounts 10 to 30 by a distribution amount (s1, s2, sn) in a predetermined manner.

As such, the technical idea of the present invention may use a virtual or actual financial account, that is, the transaction account.

Alternatively, instead of using the transaction account, predetermined information for the integrated order, that is, integrated order information, may be defined and used to implement the technical idea of the present invention. The integrated order information may refer to an order (information) that allows a conventional order to correspond to a plurality of accounts, unlike a conventional order corresponding to a specific account. This will be described with reference to the drawing shown in FIG. 5.

FIG. 5 illustrates information that may be included in integrated order information in an order system providing method according to an embodiment of the present invention. As shown in FIG. 5, the integrated order information according to the present invention includes the plurality of accounts 10 to 30. Each account identification information (eg, identification information of account 1 to identification information of account n) may be included. The purchase amount information corresponding to each account identification information may be included together. Such integrated order information may be stored in a predetermined DB (not shown) included in the order system 100. Then, in order for the integrated order to be output to the trading system 200, an order number must be assigned. When an order number is assigned to the integrated order, the order number assigned to the integrated order information may be stored together. If the order system 100 is a separate system from the securities firm system, the order number may be received from the securities firm system.

Then, the integrated order information as shown in FIG. 5 may be stored in the DB (not shown).

Thereafter, when the integrated order is output to the transaction system 200 and the order is processed, the processing result may be received by the order system 100. At this time, the processing result may include the order number. Then, the order processing unit 120 retrieves the integrated order information including the order number from the DB (not shown), and uses the plurality of accounts using the account identification information and the purchase amount information included in the retrieved integrated order information. It may be distributed to each of the (10-30). As such, when the integrated order is processed using the integrated order information, a separate transaction account may not be generated.

Alternatively, since a plurality of accounts 10 to 30 that follow the portfolio may be set in advance, an order code (number) is assigned to each of the plurality of accounts 10 to 30, but the order code is not actually processed. You can also express the order volume for each account and give a partial code of the order number where the order actually goes. For example, if the order number is 12345, the order code of account 1 is 12345-a, the order code of account 2 is 12345-b, the order code of account 3 is 12345-c, and the actual order code 12345 is the sum of these. It can also be ordered by buying quantity. To this end, the order system 100 may generate integrated order information corresponding to the order information of each of the accounts 10 to 30. For example, in the above example, the order information of account 1 is order code 12345-a, specific item, 10 weeks, the order information of account 2 is order code 12345-b, specific item 20 weeks, and order information of account 3 is order code 12345-c may include specific events, 30 weeks each. Then, the integrated order information corresponding to the order information of each of the accounts 10 to 30 may be information including the order code 12345, a specific item, 60 weeks of information. As such, there may be a variety of methods or code methods that can integrate and process the purchase amount of the plurality of accounts 10 to 30 without creating a separate account. Therefore, the method of integrating and processing the purchase amount of the plurality of accounts 10 to 30 without generating a separate account is not limited by the above embodiments.

On the other hand, the integrated order is processed by the order processing unit 120 may be the purchase result quantity (S). The order processing unit 120 cancels the remaining quantity unless all of the total purchase quantity N corresponding to the integrated order is concluded by a certain time (for example, when the chapter ends or when the integrated order is output from a certain time elapsed time). You can do it. Therefore, the purchase result quantity S may be less than or equal to the total purchase quantity N.

In any case, the account distribution unit 130 may distribute a specific (stock) item as much as the purchase result quantity (S) to the plurality of accounts (10 to 30).

The account distribution unit 130 may distribute the purchase result quantity (S) may be various. For example, if the total purchase amount (N) is 100 weeks and the purchase amount for each account is 25, 25, or 50 weeks, the result of the order processing result of the integrated order may be 100 weeks or 80 weeks. Can be.

If the purchase result quantity (S) is 100 weeks, the account distribution unit 130 may distribute 25 weeks, 25 weeks, 50 weeks to each account according to the purchase amount for each account. When the purchase result quantity S is less than the total purchase quantity N, as in the case where the purchase result quantity S is 80 weeks, the account distribution unit 130 purchases a ratio (for example, 1: 1: 2). May be considered. Thus, 20, 20, 40 weeks may be distributed to each account.

On the other hand, when the purchase result quantity S is 90 weeks in the above example, the purchase result quantity S may not be correctly distributed at the ratio. For example, 90 * (1/4) is 22.5 shares, so at this time, by truncating or rounding up the decimals, the remaining shares are accounted for in any one of the plurality of accounts 10-30 (e.g., account n You can also distribute to). In this case, 22, 22, and 46 weeks may be distributed to the plurality of accounts 10 to 30, respectively. When the purchase result quantity S is distributed to the plurality of accounts 10 to 30 in various other ways, the ratio of the purchase quantity may be used.

In order to implement the technical idea of the present invention, there may exist a distribution method according to another method. In this case, the basic unit of sale may be considered.

For example, depending on the stock type, the basic unit of sale may be 10 or 100 shares rather than a single share. Then, a very effective distribution is possible when distributing using the basic unit of sale. This is because, depending on the implementation of the ordering system 100, there may be a case where the total purchase amount N or the purchase amount is not divided by the basic sale unit, or it may not be appropriate to distribute the purchase amount in proportion to the purchase amount. .

To this end, the account distribution unit 130 may distribute the basic unit of sale to each of the plurality of accounts 10 to 30 in a predetermined manner until the purchase result quantity S is exhausted. This method is shown in FIGS. 6 to 7.

6 to 7 illustrate a concept of distributing the quantity purchased by the integrated order in the order system providing method according to an embodiment of the present invention using a basic trading unit. Referring to FIG. 6, for example, it may be assumed that the total purchase amount N is 200 weeks, the purchase amount for each account is 50, 50, 100 weeks, and the purchase result quantity S is 200 weeks. Then, the account distribution unit 130 may distribute the basic unit of sale to each of the plurality of accounts 10-30 until the purchase result quantity S is exhausted. In one way, the account distribution unit 130 may distribute the stock as much as the basic unit of sale to a plurality of accounts (10-30) in sequence. Then, as shown in Figure 6, in the first step, 10 weeks are sequentially distributed to each of the plurality of accounts (10-30). This step may be repeated up to the fifth step. In the sixth step, all of the purchase amount is allocated to account 1 and account 2, so that the rest can be distributed to account n.

As another example, the ordering system 100 may distribute the purchase result amount by account using a distribution unit for each account instead of the basic trading unit. The distribution unit for each account may be a unit that is determined by the basic unit of sale and the purchase amount ratio of each account, and the distribution unit for each account may be different. For example, when the purchase amount of accounts 1, 2, and 3 is 50, 50, and 100, respectively, the distribution unit for each account determined based on the basic unit of sale and the purchase amount for each account may be 10, 10, and 20 weeks, respectively. In this case, in the first step, 10, 10, 20 weeks may be sequentially distributed to each of the plurality of accounts 10-30. This step may be repeated until the fifth step, and the final purchase result may be allotted by account using a distribution unit of account.

On the other hand, as shown in Figure 7a, in the same situation, the purchase amount (S) may be 100 weeks.

In this case, if the ratio of the purchase amount described above, 25 weeks, 25 weeks, 50 weeks may be distributed to each of the plurality of accounts (10-30). However, in this case, since the basic unit of sale is 10 weeks, it may be difficult or troublesome to sell 5 weeks in an account where 25 weeks have been purchased.

In this case, the basic unit of sale can solve this problem. For example, if the basic unit of sale can be distributed to all of the plurality of accounts 10-30 in step 1, that is, if the remaining quantity> number of accounts * sales basic unit is satisfied, the plurality of accounts 10 30) The basic unit of sale may be distributed to each. In Step 1, the remaining quantity is 100, the number of accounts is 3, and the basic unit of sale is 10, thereby satisfying the above expression. Therefore, the account distribution unit 130 distributes the shares as much as the basic unit of sale to all accounts.

The process then advances to step 2. In step 2, the account distribution unit 130 may determine whether the above equation is satisfied. As we are satisfied, we distribute the shares equal to the basic unit of sale to all accounts.

Proceed to step 3. In step 3 again, the account distribution unit 130 may determine whether the above equation is satisfied. As we are satisfied, we distribute the shares equal to the basic unit of sale to all accounts.

Then, the process proceeds to step 4. In step 4, since the above equation is not satisfied, the remaining amount (10 weeks) is allocated to a predetermined account (for example, account n). The account for allocating the remaining quantity may be determined in the order of the accounts with the largest quantity, or may be randomly selected.

As a result, as shown in FIG. 7A, the purchase result quantity S may be distributed. Thus, when distributing the purchase result quantity (S) by using the basic trading unit, unlike the distribution according to the ratio of the purchase quantity, when the purchase result quantity (S) is less than the total purchase quantity (N), the quantity distributed per account This distribution is similar, but the effect is to distribute the transaction smoothly.

Alternatively, there may be a method as shown in FIG. 7B.

In FIG. 7B, the account distribution unit 130 may determine and allocate an account to allocate the basic unit of sale each time until the purchase result quantity S is exhausted. The account to which the basic unit of sale is to be allocated may use a probability that is random or proportional to the ratio of the quantity purchased. In addition, the account assigned the stock as much as the purchase amount may set the probability of being selected to zero.

For example, the probability that Account 1, Account 2, and Account 3 are selected each time may be 1: 1: 2.

Then, in steps 1 to 10, accounts 3, 2, 1, 3, 3, 2, 1, 2, 3, and 1 may be sequentially selected. Then, the purchase result quantity S may be distributed as shown in FIG. 7B.

If the account is chosen randomly, a distribution result may be completely different from the ratio of the purchase amount. Therefore, the account distribution unit 130 may adjust the manner in which the purchase result quantity S is distributed by adjusting the selection probability for each account.

In addition, there may be various embodiments in which the purchase result quantity S is distributed using the basic unit of sale.

In addition, as described above, another embodiment of distributing by using a distribution unit for each account is illustrated in FIG. 7C.

Referring to FIG. 7C, the total purchase amount N may be 800 weeks, and the purchase result quantity S may be 700 weeks. And the basic unit of trading for a particular item is 10 weeks, the purchase amount per account may be 1: 2: 5 as shown in FIG. Then, the distribution units for each account of Account 1, Account 2, and Account 3 may be 10 weeks, 20 weeks, and 50 weeks.

In this case, in the first step, when the remaining quantity> sum of the distribution units for each account (80 weeks), distribution units for each account, that is, 10, 20, and 50 weeks may be distributed to each of the plurality of accounts 10 to 30. . In Step 1, the remaining quantity is 700 and the sum of the distribution units for each account is 80 weeks, so the above expression is satisfied. Therefore, the account distribution unit 130 distributes the shares of each account by the distribution unit for each account.

 The process then advances to step 2. In step 2, the account distribution unit 130 may determine whether the above equation is satisfied. If it is satisfactory, it distributes the shares of all accounts to the account.

You can proceed to stem 8 in this way.

Then, at step 9, the remaining quantity is 60 weeks, and the sum of the distribution units for each account is 80 weeks, so the above equation is not satisfied. Then, the remaining quantity can be distributed to the accounts (accounts 1 to 3) in a predetermined manner. For example, the account distribution unit 130 may distribute the remaining quantity to the accounts (accounts 1 to 3) using the basic unit of sale. In this case, if the remaining quantity is sequentially distributed to the accounts (accounts 1 to 3) as described above, the remaining quantity may be distributed through the same procedure as in steps 9 and 10.

According to another embodiment, as described above, each of the accounts (accounts 1 to 3) may be selected by a predetermined criterion, and a basic unit of sale may be allocated to the selected account. Then, when account 3 is selected three times, account 2 is selected twice, and account 1 is selected once, as shown in step 9-1, 10, 20, 30 are assigned to each of the accounts (accounts 1 to 3). Shares may be distributed. The remaining quantity can be distributed in various other ways.

In addition, as shown in steps 1 to 10, each of the accounts (accounts 1 to 3) is selected by a predetermined probability or criterion, rather than sequentially distributing the account-based distribution unit to each of the accounts (accounts 1 to 3). In addition, a distribution unit for each account corresponding to the account may be distributed to the selected account. Thereafter, the account may be selected again, and a method of distributing a distribution unit for each account corresponding to the selected account may be repeatedly performed.

On the other hand, according to the order system 100 according to an embodiment of the present invention, a plurality of accounts (10 to 30) to buy one particular item at the same time or substantially at the same time, the price of the particular item is temporarily distorted May occur. That is, when the order system 100 is a system for operating a consignment-type financial product or a system for following a specific portfolio such as a specific investor or a signal, when a stock is included in a specific portfolio, the plurality of accounts 10-30 ) Will place a buy order in the event. Therefore, when the ordering system 100 is used maliciously, there is a problem that distortion of the price occurs. In addition, this problem may be more severe when the amount of the management of the consigned financial instruments is large, or when there are many accounts that follow the portfolio, such as the same investor or signal. Therefore, the ordering system 100 according to the embodiment of the present invention discloses a method for preventing such a problem. This will be described with reference to FIG. 8.

8 is a view for explaining a concept that can determine whether or not to place an integrated order in consideration of the price information in the order system providing method according to an embodiment of the present invention, there may be a price situation as shown in FIG. . For example, the highest selling price is 100 won, and there may be a price difference of 10 won per price. The remaining selling price of the highest selling price may be 500 shares, and the remaining selling prices of the following selling prices may be 500, 1000, 500, and 100, respectively.

In this situation, assume that the total purchase amount (N) is 300 weeks and the total purchase amount (N) is 3000 weeks.

Then, when the total purchase amount (N) is 300 weeks, there is no expected price change or price change may be expected by one quote. However, if the total purchase amount (N) is 3000 shares, a price change of at least four prices may be expected in the bid price situation shown in FIG. Accordingly, the order processing unit 120 receives the quotation price information from an external system (for example, the trading system 200 or a securities company system, etc.), and the estimated price change is a predetermined criterion (for example, a change over several quotations). Etc.), the integrated order may not be issued at all. Alternatively, the consolidated order may be placed only if the expected price change corresponds to a predetermined criterion (eg, a change within a few prices). The predetermined criterion may be variously set.

Therefore, by adjusting the order in consideration of the bid price situation, such as the order system 100, there is an effect that can prevent the distortion of the price that may occur when a large number of orders for one item at a time is processed. . In addition, the order system can be prevented from rapidly changing the market price change by a certain few entities (for example, the operator of the order system 100 or the manager or follower of a portfolio to be followed). There is an effect that can prevent the 100 is abused.

On the other hand, the order processing unit 120 initiates the idea of mitigating the impact that the integrated order is processed on the market while preventing a problem that may occur when a relatively large number of orders, that is, integrated orders are processed at one time. do. This will be described with reference to FIG. 9.

9 illustrates a concept of dividing an integrated order into partial orders in an order system providing method according to an exemplary embodiment of the present invention.

As shown in Figure 9, the order processing unit 120 does not come to one integrated order at a time to buy the total purchase amount (N) determined by the purchase amount for each account confirmed by the account confirmation unit 110, Multiple orders can be issued multiple times at intervals. The total sum of the quantities included in the partial order may be equal to the total purchase amount (N).

More specifically, the order processing unit 120 may issue the partial order a plurality of times using the remaining time until a specific time point (for example, the end of the chapter). For example, at a specific time point, the order system 100 may determine that an integrated order of the total purchase amount N is required for a specific item.

In this case, the order processing unit 120 of the ordering system 100 determines that three hours remain until the specific time point (for example, the end of the chapter), and divides the integrated order to be issued into three partial orders. have. Of course, the number and time intervals of partial orders to be paid according to the remaining time may vary depending on the setting. In addition, when the partial order is executed within a preset time and the bid price is not largely changed or within a preset range, the partial order may be additionally executed without waiting for a specific time.

As such, when the total purchase quantity (N) is divided into partial orders without a single integrated order and a time interval, there is an effect to prevent the market price from changing rapidly in a short time. In addition, it is possible to purchase at a stable or the market average price through a split purchase.

The method of providing an ordering system according to an embodiment of the present invention may be implemented as program code stored in a computer-readable recording device, and the program code may mean software in a form that can be read by a computer. The recording apparatus is, for example, a CD-ROM, a magnetic recording apparatus, an HDD (hard disk drive), an optical data storage apparatus, or the like, and various recording apparatuses may be possible in addition to the development of the recording apparatus. In addition, the recording apparatus may be distributed to a plurality of recording apparatuses connected by a network, not any one physical configuration.

Although the present invention has been described with reference to an example of the drawings, this is only one example and may be implemented in various embodiments having the same technical spirit. Specifically, the present invention has been described with reference to an embodiment of a buy order in a stock spot order, but in the case of a sell order, the modification is very easy, and not a stock spot order. It would be very easy to obtain the effect by applying the same purpose and technical configuration of the present invention to the purchase and sell orders of derivatives.

Those skilled in the art will appreciate that various embodiments and equivalents may exist. Therefore, the scope of the present invention should be determined by the technical spirit of the present invention, and should not be limited to the embodiments.

Claims (7)

In the method of providing an ordering system for buying a specific item in a plurality of accounts corresponding to each of the plurality of investors and the invested investment,
An ordering system confirming the quantity to buy of each of the accounts;
Calculating, by the ordering system, the total purchase amount to be purchased by the plurality of accounts based on a confirmation result;
Outputting, by the order system, an order to purchase the specific item by the total purchase amount to a trading system; And
Distributing the purchase result and the quantity purchased by the order output to each of the accounts based on the purchase quantity corresponding to each of the accounts,
The order system providing method,
Confirming quotation information of the specific item; And
Calculating an expected price change of the closing price based on the confirmed quotation price information and the total purchase quantity,
And the order system outputs the order to the trading system when the estimated price change of the calculated closing price corresponds to a predetermined criterion.
The method of claim 1, wherein the ordering system outputs an order to purchase a specific item by the total purchase amount to a trading system,
And outputting a plurality of partial orders for dividing and purchasing the total quantity.
The method of claim 2, wherein the step of outputting a plurality of partial orders for dividing the total number of purchases a plurality of times,
Confirming, by the order system, the time remaining until a reference time point;
And determining the quantity of purchase of each of the plurality of times and the plurality of partial orders in accordance with the identified remaining time.
The method of claim 1, wherein the ordering system is provided.
Determining whether a non-locking condition occurs in which the number of purchase results is smaller than the total number of purchases;
Transmitting the disposition request information for the non-traded quantity of each account corresponding to each of the accounts among the non-traded quantities to each of the terminals of the investor corresponding to each of the accounts; And
And the order system outputs a cancel order or a revised order based on the disposition confirmation information received from each of the terminals of the investor in response to the disposition request information transmitted.
In an ordering system for buying a particular item in a plurality of accounts corresponding to each of a plurality of investors and the investment has been committed,
An account verification unit for confirming the number of purchases for each of the accounts;
An order processing unit for calculating a total purchase amount to be bought by the plurality of accounts based on the result of the checking of the account checking unit, and outputting an order to the transaction system for the order system to purchase the specific item by the total purchase amount; And
An account distribution unit for distributing the purchase result and the quantity purchased by the order output to each of the accounts,
The order processing unit,
Checking the quotation price information of the specific item, and calculating an expected price change of the closing price based on the confirmed quotation price information and the total purchase quantity,
And the order system outputs the order to the trading system when the estimated price change of the calculated closing price corresponds to a predetermined criterion.
The method of claim 5, wherein the order processing unit,
It is determined whether a non-traded state occurs in which the purchase result is smaller than the total purchase amount, and according to the determination result, each of the terminals of the investor corresponding to each of the accounts is not received for each account corresponding to each of the accounts in the non-traded amount. Sends the disposition request information for the signed quantity,
And a cancel order or a revised order, based on the disposition confirmation information received from each of the terminals of the investor in response to the disposition request information transmitted.
The method of claim 5, wherein the order processing unit,
And outputting a plurality of partial orders for dividing and purchasing the total quantity.

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