UTILIZING A TRIGGER ORDER WITH MULTIPLE COUNTERPARTIES IN IMPLIED MARKET TRADING

Patent №

US 8,417,618

Granted

2013-04-09

Filed 2009

Owner

CHICAGO MERCANTILE EXCHANGE, INC.

Lab

AI components

1

planning

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

12553351

An electronic trading system utilizes a Match Engine that receives orders, stores them internally, calculates tradable combinations and advertises the availability of real and implied orders in the form of market data. Calculating tradable combinations or cycles for certain strategies becomes complex. Strategies that utilize legs having different volume ratios may form tradable combinations that will traverse a trigger order more than one time.

AI classification

Planning0.94
Knowledge representation0.17
Natural language0.10
Evolutionary computation0.06
AI hardware0.02
Machine learning0.00
Speech0.00
Vision0.00

Ownership

CHICAGO MERCANTILE EXCHANGE, INC.

assignment · 232030617

Assignors

MILNE, ANDREW, MR., SEDLIN, ALEKSANDR, MR.

On an employer assignment, the assignors are typically the inventors.

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