WO2002025407A3 - Electronic-based market - Google Patents

Electronic-based market Download PDF

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Publication number
WO2002025407A3
WO2002025407A3 PCT/US2001/042004 US0142004W WO0225407A3 WO 2002025407 A3 WO2002025407 A3 WO 2002025407A3 US 0142004 W US0142004 W US 0142004W WO 0225407 A3 WO0225407 A3 WO 0225407A3
Authority
WO
WIPO (PCT)
Prior art keywords
market
subscriber
electronic
orders
server
Prior art date
Application number
PCT/US2001/042004
Other languages
French (fr)
Other versions
WO2002025407A2 (en
Inventor
Alek Mesarovich
Larry Scheinberg
Original Assignee
On Exchange Inc
Alek Mesarovich
Larry Scheinberg
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by On Exchange Inc, Alek Mesarovich, Larry Scheinberg filed Critical On Exchange Inc
Priority to AU2001287226A priority Critical patent/AU2001287226A1/en
Publication of WO2002025407A2 publication Critical patent/WO2002025407A2/en
Publication of WO2002025407A3 publication Critical patent/WO2002025407A3/en

Links

Classifications

    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/04Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Landscapes

  • Business, Economics & Management (AREA)
  • Accounting & Taxation (AREA)
  • Finance (AREA)
  • Engineering & Computer Science (AREA)
  • Development Economics (AREA)
  • Economics (AREA)
  • Marketing (AREA)
  • Strategic Management (AREA)
  • Technology Law (AREA)
  • Physics & Mathematics (AREA)
  • General Business, Economics & Management (AREA)
  • General Physics & Mathematics (AREA)
  • Theoretical Computer Science (AREA)
  • Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)

Abstract

A system for an electronic-based market is disclosed. The system operates with a model where a trader is designated to enter orders for contracts on behalf of a subscriber. The model uses assets of the subscriber that are placed into an account that is accessible by the electronic market to cover risks associated with trades initiated by the trader. The system includes a plurality of client stations for entering orders into the electronic market by traders and a server to receive the orders and match the orders in accordance with matching criteria. The server maintains for the subscriber and the subscriber's associated traders a trading account that is accessible by the electronic market. The server also includes offsetting, clearing, default, and margin protocols functions to administer the market. The market uses species contracts that are derived from a contract genus.
PCT/US2001/042004 2000-09-22 2001-09-05 Electronic-based market WO2002025407A2 (en)

Priority Applications (1)

Application Number Priority Date Filing Date Title
AU2001287226A AU2001287226A1 (en) 2000-09-22 2001-09-05 Electronic-based market

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US66789600A 2000-09-22 2000-09-22
US09/667,896 2000-09-22

Publications (2)

Publication Number Publication Date
WO2002025407A2 WO2002025407A2 (en) 2002-03-28
WO2002025407A3 true WO2002025407A3 (en) 2005-04-28

Family

ID=24680106

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2001/042004 WO2002025407A2 (en) 2000-09-22 2001-09-05 Electronic-based market

Country Status (2)

Country Link
AU (1) AU2001287226A1 (en)
WO (1) WO2002025407A2 (en)

Families Citing this family (7)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US7996297B2 (en) 2003-05-15 2011-08-09 Cantor Index, Llc System and method for providing access to and managing account activity for an online account
US20130046709A9 (en) * 2003-05-15 2013-02-21 Dominic Crosthwaite System and method for providing an intermediary for a transaction
US7925577B2 (en) 2003-05-15 2011-04-12 Cantor Index Llc System and method for establishing and providing access to various types of online accounts
US7835974B2 (en) 2003-05-15 2010-11-16 Cantor Index, LLC. System and method for managing risk associated with product transactions
AU2004241555B2 (en) * 2003-05-15 2011-09-29 Cantor Index Llc System and method for establishing and providing access to an online account
US8001039B2 (en) 2003-05-15 2011-08-16 Cantor Index, Llc System and method for establishing and providing access to an online account
US7716113B2 (en) 2003-05-15 2010-05-11 Cantor Index, Llc System and method for providing an intermediary for a transaction

Citations (1)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US6278982B1 (en) * 1999-04-21 2001-08-21 Lava Trading Inc. Securities trading system for consolidation of trading on multiple ECNS and electronic exchanges

Patent Citations (1)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US6278982B1 (en) * 1999-04-21 2001-08-21 Lava Trading Inc. Securities trading system for consolidation of trading on multiple ECNS and electronic exchanges

Also Published As

Publication number Publication date
AU2001287226A1 (en) 2002-04-02
WO2002025407A2 (en) 2002-03-28

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