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US 2003/0225684 A1Published application
Energy trading system
OwnerLeif Gustafsoninventor
Life of this patent
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OwnerLeif Gustafsoninventor
Estimating the term…
In an automated exchange system trading energy contracts a converter/translator unit is located interconnected between the order input terminal and the computer hosting the central marketplace/orderbook of the automated exchange system. The trader using the input terminal will use the energy units and order format(s) he normally uses or the units he prefers to use to for each energy commodity. The converter unit is designed to translate the order into a system standard format that will be specified by the marketplace. The trading system including the converter/translator unit will give flexibility to the traders and still have the benefit of standardized instrument specifications between different types of commodities. Also derived orders can easily be generated in the automated, even for complex combination orders involving different energy types.
In an automated exchange system, a method of trading energy contracts, the method comprising the steps of:
An automated exchange system for trading energy contracts comprising:
A computer program product for use in an automated exchange system, the program, when executed by a computer performing the following steps in an automated exchange system:
Dependencies are inferred from the claim text.