KR20050020015A - Offer Management System for securities used FIX protocol - Google Patents

Abstract

PURPOSE: A system for globalizing stock order management by automating an order process with an FIX(Financial Information eXchange) protocol is provided to globalize a stock order processing business by automatically processing stock order through the FIX, which is an international standard for exchanging stock trading information. CONSTITUTION: A controller(110) includes an information service processor(112) offering stock information received from a stock information server, an order processor(111), and a message processor(113). The order processor offers a screen interface for inputting stock order information to a user and generates/stores order request information according to the inputted stock order information. The message processor converts the stock order information into the FIX protocol and outputs it. A display part(120) displays the stock information and the screen interface to a screen. A key operator(130) inputs the stock order information through the screen interface. A memory(140) stores the order request information generated from the order processor. A communicator(150) transmits an FIX message output from the message processor.

Description

Securities order management system using FIP protocol {Offer Management System for securities used FIX protocol}

The present invention relates to a securities order management system using the FIX protocol. Particularly, the securities order processing task is performed globally by automatically processing the securities order processing using the FIX (Financial Information eXchange) protocol method, which is an international standard for securities transaction information exchange. It relates to a securities order management system using the FIX protocol.

In the conventional case, an institutional investor requests an order to an intermediary company by telephone, messenger, or fax when the securities order is made, and the brokerage company which receives the order processes the order and concludes the securities contract. There was a manual way of sending to.

However, this manual method was likely to delay ordering and closing, and there was a high possibility of trading errors. In addition, it was impossible to proactively cope with the diversified securities market due to the manual method.

In order to solve these problems, computerized systems have been introduced and implemented.

However, current computer systems that handle securities orders are dealing with securities orders related to securities firms or brokers using different protocols.

Therefore, there is a huge problem of incompatibility between systems by using these different protocols.

In order to solve this problem, the present inventors have studied a securities order automation system that can accelerate the generalization and globalization of securities distribution because it is not influenced by regions and technologies. The study was conducted on securities order management system using FIX protocol that can globalize securities business by processing securities orders related to FIX (Financial Information eXchange) protocol.

The present invention has been invented under the above-mentioned purpose, and the FIX which can globalize the securities order processing business by automatically processing the securities order processing by the FIX (Financial Information eXchange) protocol method, which is an international standard of the Securities and Exchange Information Exchange. The aim is to provide a securities order management system using the protocol.

According to an aspect of the present invention for achieving the above object, the securities order management system using the FIX protocol according to the present invention by the information service processing unit for providing the securities information received from the securities information server, by the information service processing unit An order processing unit which provides a screen interface for entering securities order information according to a request of a user who views the securities information provided, and generates and stores order request information according to the securities order information input therefrom; and by the order processing unit A control unit including a specialized processing unit for converting the generated order request information into a full-text of FIX (Financial Information eXchange) method, which is an international standard protocol of the stock exchange information exchange; A display unit for displaying the securities information provided by the information service processor and a screen interface provided by the order processor; A key control unit for inputting stock order information through the screen interface; A memory unit for storing order request information generated by the order processing unit; It characterized in that it comprises a FIX terminal including a communication unit for transmitting the FIX telegram output by the specialized processing unit.

According to an additional aspect of the present invention, the securities order management system using the FIX protocol according to the present invention is a screen for the manual order information input unit including the trading item, trading classification, sale price, sale quantity, payment account A manual order processing unit which provides an interface and generates and stores manual order request information according to the security order information inputted therefrom; It provides a screen interface for automatic order information input including trading item, trading segment, trading price, trading volume, payment account and automatic order condition setting, and generates automatic order request information according to the securities order information entered from it. It characterized in that it comprises an automatic order processing unit for storing.

According to an additional aspect of the present invention, the securities order management system using the FIX protocol according to the present invention, the automatic order processing unit a plurality of trading items, each of the trading items, trading price of each trading item, trading quantity of each trading item, It generates and stores the automatic order request information for a plurality of trading items, including payment account for each trading item and automatic order condition setting for each trading item.

According to an additional aspect of the present invention, the security order management system using the FIX protocol according to the present invention includes a specialized processor for analyzing the FIX telegram transmitted from the FIX terminal; An order processing unit requesting a security order to a security host according to the order request information analyzed by the specialized processing unit; A database for storing the order request information; Receiving a full text message from the FIX terminal, characterized in that it further comprises an order management server including a communication unit for requesting a security order to the security host.

According to an additional aspect of the present invention, the securities order management system using the FIX protocol according to the present invention is a manual order request to the securities host when the order request information analyzed by the order processor is the manual order request information. A manual order processing unit for transmitting the information and requesting a security order; When the order request information analyzed by the specialized processing unit is the automatic order request information, the automatic order processing unit for transmitting the order information to the securities host to request the securities orders to be processed according to the automatic order conditions for each trading item; ; It characterized in that it comprises a host interlocking unit for transmitting the order request information from the manual order processing unit or the automatic order processing unit to the securities host for processing, and receives the processed result and transmits it to the specialized processing unit.

According to an additional aspect of the present invention, the security order management system using the FIX protocol according to the present invention, the specialized processing unit of the FIX terminal encrypts and outputs the FIX full text, the specialized processing unit of the order management server the encrypted FIX full text Characterized in that it further comprises decoding.

Hereinafter, the present invention will be described in detail with reference to the accompanying drawings so that those skilled in the art can easily understand and reproduce the present invention.

1 is a schematic diagram of a security order management system using the FIX protocol according to the present invention.

As shown in the figure, the securities order management system using the FIX protocol according to the present invention comprises a FIX terminal 100 and the order management server 200.

The FIX terminal 100 is used by domestic and foreign institutional investors as a device for processing the full text of the order of securities in the FIX (Financial Information eXchange) protocol method, which is an international standard of stock exchange information exchange.

The order management server 200 may be operated by a securities company or an ASP (Application Service Provider) company that brokers securities transactions, and analyzes the FIX full text transmitted from the FIX terminal 100 to process securities orders.

With reference to Figures 2 to 4 will be described in more detail the securities order management system using the FIX protocol according to the present invention.

Figure 2 is a block diagram showing the configuration of an embodiment of a FIX terminal of the security order management system using the FIX protocol according to the present invention.

As shown in the figure, the FIX terminal 100 of the securities order management system using the FIX protocol according to the present invention includes a control unit 110, a display unit 120, a key operation unit 130, and a memory unit 140. And a communication unit 150.

The control unit 110 provides the securities information received from the securities information server, and converts the order request information into the full text of the FIX (Financial Information eXchange) protocol method according to the securities order request from the user who read it.

Specifically, the controller 110 includes an order processor 111, an information service processor 112, and a professional processor 113.

The order processing unit 111 provides a screen interface for entering securities order information according to a request of a user who views the securities information provided by the information service processing unit 112, and orders according to the securities order information input therefrom. Create request information and save it.

The order processing unit 111 includes a manual order processing unit 111a for manually processing a security order and an automatic order processing unit 111b for automatically processing a security order. A detailed description thereof will be made later.

The information service processor 112 provides the stock information received from the stock information server.

The specialized processing unit 113 converts the order request information generated by the order processing unit 112 into a full text of FIX (Financial Information eXchange) method, which is an international standard protocol of stock exchange information exchange.

Specifically, the specialized processing unit 113 converts and outputs the securities order request information from the order processing unit 111 into FIX full text and outputs the FIX specialized processing unit 113a and the TCP provided through the information service processing unit 112. TCP / IP specialized processing unit 113b for processing the securities information transmitted by the / IP protocol method.

The display unit 120 outputs various screens such as displaying the stock information provided by the information service processor 112 and the screen interface provided by the order processor 111 on the screen of the FIX terminal 100. .

The key manipulation unit 130 receives various key inputs such as inputting stock order information through the screen interface.

The memory unit 140 stores various data such as storing order request information generated by the order processing unit 111.

The communication unit 150 is responsible for data communication with the outside, such as transmitting the FIX full text output by the professional processing unit 113.

The operation of the FIX terminal according to the present invention having the above configuration will be described with reference to FIG. 4.

When a user, such as an institutional investor, accesses a network using a FIX terminal 100 to request a stock information server to provide stock information, the information service processor 112 receives stock information from a stock information server. The output is displayed through the display unit 120 of the FIX terminal 100 so that the user can view it.

When the user who reads the request for the securities order, the order processing unit 111 outputs the screen interface for inputting the securities order information through the display unit 120.

When the user inputs the securities order information which is an input item required by the screen interface through the key operation unit 130 (S110), the order processing unit 111 receives and generates order request information, and the memory unit 140. Save to (S120).

Then, the professional processing unit 113 of the order request information generated by the order processing unit 112 through the FIX professional processing unit 113a of the FIX (Financial Information eXchange) method of the International Standard Protocol Convert to full text (S130) and output.

The communication unit 150 transmits the FIX telegram output by the specialized processing unit 113 to the order management server 200 (S140).

Accordingly, the securities order management system using the FIX protocol according to the present invention performs the securities order processing through the FIX terminal 100 in the FIX protocol method, which is an international standard for stock exchange information exchange.

Meanwhile, according to an additional aspect of the present invention, the order processing unit 111 includes a manual order processing unit 111a and an automatic order processing unit 111b as described above.

The manual order processing unit 111a provides a screen interface for inputting manual order information including a trading item, a trading segment, a selling price, a trading amount, and a settlement account, and provides manual order request information according to the securities order information input therefrom. Create it, print it out, and save it.

The automatic order processing unit 111b provides a screen interface for automatic order information input including trading item, trading segment, trading unit price, trading quantity, payment account and automatic order condition setting and according to the security order information input therefrom. Create and output automatic order request information and save it.

That is, a user who is an institutional investor can request the securities in real time by inputting manual order information including a trading item, a trading segment, a selling price, a trading amount, and a settlement account through the manual order processing unit 111a.

On the other hand, a user who is an institutional investor reserves an order through the automatic order processing unit 111b by inputting automatic order information including trading item, trading segment, trading unit price, trading quantity, payment account and automatic order condition setting. Therefore, the automatic order processing unit 111b may automatically request a security order according to the automatic order condition setting.

The automatic order condition setting is an order condition input by the user, such as ordering 100 weeks for every 1 minute for a trading item or ordering 1000 weeks for a predetermined trading item at 2 pm. That is, the automatic order condition setting includes various setting information such as the divided quantity, the divided time, the reserved order time, and the reserved order quantity.

On the other hand, according to an additional aspect of the present invention, the automatic order processing unit 111b is a plurality of trading items, each trading item trading segment, each trading item trading price, each trading item trading quantity, each trading item and each trading account and each trading It is also possible to generate and store automatic order request information for a plurality of trading items, including automatic order condition setting for the item.

That is, a user who is an institutional investor sets an automatic order for a plurality of trading items, and causes the automatic order processing unit 111b to process a plurality of securities orders according to the set automatic order condition.

Figure 3 is a block diagram showing the configuration of an embodiment of the order management server of the security order management system using the FIX protocol according to the present invention.

As shown in the figure, the securities order management system using the FIX protocol according to the present invention is the order management server 200 for processing the FIX full text transmitted from the FIX terminal 100 in conjunction with at least one FIX terminal 100 More).

The order management server 200 includes a professional processing unit 210, an order processing unit 220, a database 230, and a communication unit 240.

The specialized processing unit 210 analyzes the FIX full text transmitted from the FIX terminal 100.

Specifically, the specialized processing unit 210 and the FIX professional processing unit 211 for analyzing the FIX telegram transmitted from the FIX terminal 100, TCP / IP for processing data transmitted and received over the network in the TCP / IP protocol method The professional processing unit 222 is included.

The order processing unit 220 requests a security order to a securities company (not shown in the drawing) according to the order request information analyzed by the specialized processing unit 210.

The order processing unit 220 includes a manual order processing unit 221 for manually processing a security order, an automatic order processing unit 222 for automatically processing a security order, and a host interworking unit 223 interworking with a security host. do. Detailed description thereof will be described later.

The database 230 stores various data including the order request information.

The communication unit 240 receives a FIX telegram from the FIX terminal 100 and processes data communication with network components such as requesting a security order to the security host.

The operation of the order management server 200 of the present invention having the above configuration will be described with reference to FIG. 4.

When the FIX telegram transmitted from the FIX terminal 100 is received through the communication unit 240, the specialized processing unit 210 analyzes the FIX telegram transmitted from the FIX terminal 100 (S150).

Then, the order processing unit 220 requests a security order to the securities company's securities host according to the order request information analyzed by the specialized processing unit 210 (S160).

When the securities host receiving the securities order request processes the requested order and transmits the result to the order management server 200, the order management server 200 receives the information through the communication unit 240 (S170). .

The order management server 200 processes the received order processing result through the specialized processing unit 210 and transmits the FIX terminal 100 to the FIX terminal 100 through the communication unit 240 in the FIX method or the TCP / IP method (S180). .

Therefore, the securities order management system using the FIX protocol according to the present invention globalizes the securities order processing task by automatically processing the securities order processing by the FIX (Financial Information eXchange) protocol method, which is an international standard for securities transaction information exchange. You can do it.

Meanwhile, according to an additional aspect of the present invention, the order processing unit 220 includes a manual order processing unit 221, an automatic order processing unit 222, and a host interworking unit 223 as described above.

When the order request information analyzed by the specialized processor 210 is manual order request information, the manual order processing unit 221 transmits the manual order request information to the security host and requests a security order.

The automatic order processing unit 222 transmits the automatic order request information to the securities host when the order request information analyzed by the specialized processing unit 210 is the automatic order request information, according to the automatic order condition setting for each trading item. Request that securities orders be processed.

The host interworking unit 223 transmits the order request information from the manual order processing unit 221 or the automatic order processing unit 222 to the securities host to be processed, and receives the processed result and receives the processed result of the specialized processing unit 210. To send.

Therefore, the order processing unit 220 transmits the manual order request information by the manual order processing unit 221 or the automatic order request information by the automatic order processing unit 222 to the securities host through the host interworking unit 223. Order processing, and receives the processing result from the security host through the host interworking unit 223, processes it through the professional processing unit 210, and transmits the processed result to the FIX terminal 100 through the communication unit 240. .

On the other hand, according to an additional aspect of the present invention, the professional processing unit 113 of the FIX terminal 100 encrypts and outputs the FIX full text, the professional processing unit 210 of the order management server 200 is the encrypted FIX It may further include deciphering the full text.

That is, in order to prevent hacking of the FIX message generated from the FIX terminal 100 and transmitted to the order management server 200, the professional processing unit 113 of the FIX terminal 100 encrypts the transmission and transmits it. The professional processing unit 210 of the order management server 200 is configured to decrypt the encrypted FIX full text. Since the technology related to the encryption is a conventional technology that is already known and implemented in various ways before this application, a detailed description thereof will be omitted.

Therefore, by the above it is possible to achieve the purpose of the securities order management system using the FIX protocol according to the present invention presented above.

Securities order management system using the FIX protocol according to the present invention as described above computerized the securities order processing business by computerizing the order processing of securities in the FIX (Financial Information eXchange) protocol method, which is the international standard for securities transaction information exchange. It has a useful effect.

Therefore, there is an improvement in efficiency of work and cost reduction by computerization, and it is useful to accelerate generalization and globalization of securities distribution by standardization.

Although the present invention has been described with reference to the accompanying drawings, it will be apparent to those skilled in the art that various modifications may be made therein without departing from the scope of the invention, which is covered by the following claims.

1 is a schematic diagram of a security order management system using the FIX protocol according to the present invention

Figure 2 is a block diagram showing the configuration of one embodiment of the FIX terminal of the security order management system using the FIX protocol according to the present invention

Figure 3 is a block diagram showing the configuration of an embodiment of the order management server of the securities order management system using the FIX protocol according to the present invention

4 is a flowchart of securities order processing of the securities order management system using the FIX protocol according to the present invention.

<Explanation of symbols for the main parts of the drawings>

100: FIX terminal 110: control unit

120: display unit 130: key operation unit

140: memory unit 150: communication unit

200: order management server 210: professional processing unit

220: order processing unit 230: database

240: communication unit

Claims (6)

An information service processor that provides the securities information received from the securities information server, and a screen interface for inputting the securities order information according to the request of the user who browses the securities information provided by the information service processor. An order processing unit for generating and storing order request information according to the order information, and converting the order request information generated by the order processing unit to the full text of the FIX (Financial Information eXchange) method, which is an international standard protocol of the Securities and Exchange Information Exchange. A control unit including a specialized processing unit for outputting; A display unit for displaying the securities information provided by the information service processor and a screen interface provided by the order processor; A key control unit for inputting stock order information through the screen interface; A memory unit for storing order request information generated by the order processing unit; A communication unit which transmits the FIX full text outputted by the full text processing unit; Stock order management system using the FIX protocol, characterized in that it comprises a FIX terminal. The method of claim 1, The order processing unit: Manual order processing unit that provides a screen interface for manual order information input including trading item, trading segment, trading price, trading quantity, payment account, and generates and saves the manual order request information according to the securities order information. Wow; It provides a screen interface for automatic order information input including trading item, trading segment, trading price, trading volume, payment account and automatic order condition setting, and generates automatic order request information according to the securities order information entered from it. An automatic order processing unit for storing; Stock order management system using the FIX protocol, characterized in that it comprises a. The method of claim 2, The automatic order processing unit: Automatic order request for multiple trading items, including multiple trading items, trading items for each trading item, trading price for each trading item, quantity for each trading item, payment account for each trading item, and automatic order condition setting for each trading item. Securities order management system using the FIX protocol, characterized in that for generating information and storing it. The method according to any one of claims 1 to 3, Stock order management system using the FIX protocol: A specialized processing unit for analyzing the FIX full message transmitted from the FIX terminal; An order processing unit requesting a security order to a security host according to the order request information analyzed by the specialized processing unit; A database for storing the order request information; A communication unit for receiving a FIX full text from the FIX terminal and requesting a security order to the security host; Stock order management system using the FIX protocol, characterized in that it further comprises an order management server comprising. The method of claim 4, wherein The order processing unit: A manual order processing unit for requesting a security order by transmitting manual order request information to the security host when the order request information analyzed by the specialized processing unit is manual order request information; When the order request information analyzed by the specialized processing unit is the automatic order request information, the automatic order processing unit for transmitting the order information to the securities host to request the securities orders to be processed according to the automatic order conditions for each trading item; ; A host interworking unit for transmitting the order request information from the manual order processing unit or the automatic order processing unit to a securities host for processing, and receiving the processed result and transmitting it to a specialized processing unit; Stock order management system using the FIX protocol, characterized in that it comprises a. The method of claim 5, wherein The specialized processing unit of the FIX terminal encrypts and outputs the FIX full text, and the special processing unit of the order management server further comprises decrypting the encrypted FIX full text security order management system using the FIX protocol.