US 2014/0156492 A1 · SYSTEM AND METHOD FOR CONDUCTING AN EXCHANGE AUCTION

Abstract

A method for conducting an exchange auction includes a computer receiving financial positions data defining long and short positions associated with a first financial instrument. The method further includes matching, by the computer, one of the short positions and one of the long positions and generating a first proposed trade including the matched positions. The method further includes generating, by the computer, a second proposed trade including a short position and long position associated with second financial instrument, such that a net notion of the first proposed is equal to a notional of the second propose trade. The method further includes executing the first and second proposed trades.

Claims30

Dependent claims

A method of conducting an exchange auction, the method comprising:

receiving, by at least one computer, financial position data defining one or more long positions and one or more short positions associated with a first financial asset;
matching, by the at least one computer, at least one of the one or more long positions with at least one of the one or more short positions associated with said first financial asset;
generating, by the at least one computer, a first proposed trade that includes the matched positions;
generating, by the at least one computer, a second proposed trade that includes one or more long positions and one or more short positions associated with a second financial asset, wherein a net notional associated with the first proposed trade is equal to a net notional associated with the second proposed trade;
and
executing the first proposed trade and the second proposed trade.

3 more elements

Dependencies are inferred from the claim text.

System and method for conducting an exchange auction

Life of this patent

System and method for conducting an exchange auction

Life of this patent

Abstract

Claims30