System and method for managing risk in a trading environment
AssigneeBionic Trader Systems, LLC
InventorAdam Sheldon
Life of this patent
Estimating the term…
Abstract
An order entry system for tradable instruments includes a buying power limit constrained order entry mechanism, wherein one or more conditions related to one or more buying power limits are adapted to automatically adjust. A method of controlling risk in an order entry system for tradable instruments includes the steps of: providing one or more conditions related to buying power; and automatically adjusting the one or more conditions related to buying power.
Claims24
An order entry system for tradable instruments comprising:
- a buying power limit constrained order entry mechanism including a user interface through which a user may place orders using an input mechanism, wherein the orders placed by the user may be constrained by a buying power limit, wherein the buying power limit is adapted to automatically adjust from a first non-zero value of the buying power limit to a second non-zero value of the buying power limit based on one or more factors, wherein the one or more factors include at least one factor other than a value of the buying power limit and an amount of the buying power limit being used.
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A non-transitory computer readable medium including computer-executable instructions for controlling risk in an order entry system for tradable instruments, the computer-executable instructions causing the system to perform the steps of:
- providing a first non-zero value of a buying power limit that may constrain orders that are placed through the order entry system;
- and
- automatically adjusting the first non-zero value of the buying power limit to a second non-zero value of the buying power limit that may constrain orders that are placed through the order entry system based on one or more factors, wherein the one or more factors include at least one factor other than a value of the buying power limit and an amount of the buying power limit being used.
Dependencies are inferred from the claim text.