Title:
電子取引システムにおけるダイナミックペグ注文
Document Type and Number:
Japanese Patent JP6655606
Kind Code:
B2
Abstract:
In order to protect a trading party from predatory trading strategies employed by some market participants, especially during certain periods when quotes for a particular security are experiencing rapid changes or transitions, embodiments of the present invention facilitate and support a new type of trading orders whose booking and execution behaviors are dynamically varied in response to environmental market conditions. Pursuant to predefined rules for the new type of trading orders, the orders may be allowed to trade at more aggressive price levels if the market is relatively stable, and the orders can only trade at less aggressive price levels when the market is unstable.
Inventors:
Katuyama, Bradley, Tosio
Trudeau, Matthew, Norbert
Sokolov, Constantine
Small, Benjamin, Aaron
Robert, Park
Daniel Eisen
Fasini, adrian, swing
Bollerman, donald
Chun, Francis
Trudeau, Matthew, Norbert
Sokolov, Constantine
Small, Benjamin, Aaron
Robert, Park
Daniel Eisen
Fasini, adrian, swing
Bollerman, donald
Chun, Francis
Application Number:
JP2017510526A
Publication Date:
February 26, 2020
Filing Date:
July 15, 2015
Export Citation:
Assignee:
AIX Group, Incorporated
International Classes:
G06Q40/04
Domestic Patent References:
| JP2010224709A | ||||
| JP2009151725A |
Foreign References:
| US20140172662 | ||||
| US8484121 | ||||
| WO2001059661A2 |
Other References:
大墳 剛士,米国市場の複雑性とHFTを巡る議論,[online],2014年 7月10日,p.1-3,231-241,[検索日:2019.12.17],URL,https://www.jpx.co.jp/corporate/research-study/working-paper/tvdivq0000008q5y-att/JPX_WP_SP.pdf
Attorney, Agent or Firm:
Yusuke Hiraki
Toshiaki Watanabe
Hidekazu Matsumaru
Toshiaki Watanabe
Hidekazu Matsumaru