WO2002025398A3 - Handling defaults in electronic-based markets - Google Patents

Handling defaults in electronic-based markets Download PDF

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Publication number
WO2002025398A3
WO2002025398A3 PCT/US2001/027527 US0127527W WO0225398A3 WO 2002025398 A3 WO2002025398 A3 WO 2002025398A3 US 0127527 W US0127527 W US 0127527W WO 0225398 A3 WO0225398 A3 WO 0225398A3
Authority
WO
WIPO (PCT)
Prior art keywords
electronic
subscriber
based markets
trader
default
Prior art date
Application number
PCT/US2001/027527
Other languages
French (fr)
Other versions
WO2002025398A2 (en
Inventor
Rich Jaycobs
Peter Burton
Original Assignee
On Exchange Inc
Rich Jaycobs
Peter Burton
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by On Exchange Inc, Rich Jaycobs, Peter Burton filed Critical On Exchange Inc
Priority to AU2001287085A priority Critical patent/AU2001287085A1/en
Publication of WO2002025398A2 publication Critical patent/WO2002025398A2/en
Publication of WO2002025398A3 publication Critical patent/WO2002025398A3/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/04—Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

A system for an electronic-based market is disclosed. The system operates on a model where a trader is designated to enter contracts on behalf of a subscriber. See figure 13. Subscriber assets are plced in an account associated with trades initiated by the trader. Offsetting, clearing, default and margin protocols are included to mutualize risk of subscriber default (340).
PCT/US2001/027527 2000-09-22 2001-09-05 Handling defaults in electronic-based markets WO2002025398A2 (en)

Priority Applications (1)

Application Number Priority Date Filing Date Title
AU2001287085A AU2001287085A1 (en) 2000-09-22 2001-09-05 Handling defaults in electronic-based markets

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US66866200A 2000-09-22 2000-09-22
US09/668,662 2000-09-22

Publications (2)

Publication Number Publication Date
WO2002025398A2 WO2002025398A2 (en) 2002-03-28
WO2002025398A3 true WO2002025398A3 (en) 2009-06-11

Family

ID=24683259

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2001/027527 WO2002025398A2 (en) 2000-09-22 2001-09-05 Handling defaults in electronic-based markets

Country Status (2)

Country Link
AU (1) AU2001287085A1 (en)
WO (1) WO2002025398A2 (en)

Families Citing this family (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US7840477B2 (en) * 2005-06-07 2010-11-23 Bgc Partners, Inc. System and method for routing a trading order based upon quantity
US8484122B2 (en) 2005-08-04 2013-07-09 Bgc Partners, Inc. System and method for apportioning trading orders based on size of displayed quantities
SG11201708830QA (en) * 2015-04-29 2017-11-29 Int Swaps And Derivatives Association Inc Method and system for calculating and providing initial margin under the standard initial margin model

Citations (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US5966700A (en) * 1997-12-23 1999-10-12 Federal Home Loan Bank Of Chicago Management system for risk sharing of mortgage pools
US20010027437A1 (en) * 2000-02-29 2001-10-04 Turbeville Wallace C. Risk management and risk transfer conduit system

Patent Citations (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US5966700A (en) * 1997-12-23 1999-10-12 Federal Home Loan Bank Of Chicago Management system for risk sharing of mortgage pools
US20010027437A1 (en) * 2000-02-29 2001-10-04 Turbeville Wallace C. Risk management and risk transfer conduit system

Non-Patent Citations (4)

* Cited by examiner, † Cited by third party
Title
DATABASE ABI/INFORM [online] PHILLIPS S.M.: "Statement to the congress", XP002949518, accession no. Dialog Database accession no. 00-94535 *
FEDERAL RESERVE BULLETIN, vol. 83, no. 6, June 1997 (1997-06-01), pages 497 - 500 *
GL TRADE HOME PAGE, 13 November 2001 (2001-11-13), pages 1, XP002949519 *
ONEXCHANGE HOME PAGE, 13 November 2001 (2001-11-13), pages 1, XP002949520 *

Also Published As

Publication number Publication date
AU2001287085A1 (en) 2002-04-02
AU2001287085A8 (en) 2009-07-30
WO2002025398A2 (en) 2002-03-28

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