US 2003/0069830 A1 · Implied market trading system

Abstract

A computer based trading system implies spread markets from multiple real or implied spread markets. In particular, one aspect of the invention permits implication of a spread market from a combination of inter-commodity and inter-calendar spread orders. Furthermore, another aspect of the invention allows use of nontradeable implied or bridge markets to combine with other implied or real markets to create further tradeable implied markets. The method described herein thereby permits the creation of all implied markets that are inherent in the combination of futures, calendar spread and inter-commodity spread real orders.

Claims22

Dependent claims

A computer-implemented method for generating implied spread markets from multiple spread orders, comprising the steps of:

storing a first spread order;
storing a second spread order, the second spread order of a different order type than the first spread order and having a common and offsetting leg with the first spread order;
and
generating an first implied spread order based on the first spread order and the second spread order.

1 more element

Dependencies are inferred from the claim text.

Facts

Application

09/971,172Filed 4 Oct 2001

Published

10 Apr 2003

Term ends

Not estimatedThe source records don’t support an estimate.

Classification5 codes

G06Q 40/04
Finance; Insurance; Tax strategies; Processing of corporate or income taxes: trading; Exchange, e.g. stocks, commodities, derivatives or currency…
G06Q 40/00
Finance
G06Q 40/06
Finance; Insurance; Tax strategies; Processing of corporate or income taxes: asset management; Financial planning or analysis
G06Q 40/10
Finance; Insurance; Tax strategies; Processing of corporate or income taxes: tax strategies

Implied market trading system

Life of this patent

Implied market trading system

Life of this patent

Abstract

Claims22