Trading Circles
AssigneeTrading Technologies International, Inc.
InventorsRichard LANE, Thomas Jeffrey WEISS, Thurston WOO, Jason SHAFFER, Brian J. BUCK, Michael UNETICH, Sagy Pundak MINTZ
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Abstract
The disclosed embodiments provide trading circles. An example method includes defining a group having a plurality of members, wherein one or more of the plurality of members interacts with an exchange that facilitates market transactions; detecting a first interaction of a first group member with the exchange; and communicating, in response to detecting the first interaction, data related to the first interaction to a second group member before the first group member receives confirmation of the first interaction from the exchange.
Claims25
(canceled)
A method including:
- receiving by a trading circle manager first data from a first trading device for an order of the first trading device, wherein the trading circle manager facilitates communication for a trading circle, wherein the first trading device is a member of the trading circle;
- receiving by the trading circle manager second data from a second trading device for an order of the second trading device, wherein the second trading device is a member of the trading circle;
- and
- providing by the trading circle manager market depth data to the trading circle, wherein the market depth data is based on the first data and the second data.
A method including:
- receiving by a trading circle manager first data from a first trading device for an order of the first trading device being sent to an electronic exchange, wherein the trading circle manager facilitates communication for a trading circle, wherein the trading circle includes the first trading device and a second trading device;
- and
- providing by the trading circle manager market depth data to the trading circle, wherein the market depth data is based on the first data, wherein the market depth data is provided before the second trading device receives an indication of the order from the electronic exchange.
Dependencies are inferred from the claim text.