Abstract: A computer based trading system implies spread markets from multiple real or implied spread markets. In particular, one aspect of the invention permits implication of a spread market from a combination of inter-commodity and inter-calendar spread orders. Furthermore, another aspect of the invention allows use of nontradeable implied or bridge markets to combine with other implied or real markets to create further tradeable implied markets. The method described herein thereby permits the creation of all implied markets that are inherent in the combination of futures, calendar spread and inter-commodity spread real orders.
Type:
Application
Filed:
February 17, 2012
Publication date:
June 21, 2012
Applicants:
ICE FUTURES EUROPE, NEW YORK MERCANTILE EXCHANGE, INC.
Abstract: A computer based trading system implies spread markets from multiple real or implied spread markets. In particular, one aspect of the invention permits implication of a spread market from a combination of inter-commodity and inter-calendar spread orders. Furthermore, another aspect of the invention allows use of nontradeable implied or bridge markets to combine with other implied or real markets to create further tradeable implied markets. The method described herein thereby permits the creation of all implied markets that are inherent in the combination of futures, calendar spread and inter-commodity spread real orders.
Type:
Grant
Filed:
February 17, 2012
Date of Patent:
June 19, 2012
Assignees:
New York Merchantile Exchange, ICE Futures Europe
Abstract: A computer based trading system implies spread markets from multiple real or implied spread markets. In particular, one aspect of the invention permits implication of a spread market from a combination of inter-commodity and inter-calendar spread orders. Furthermore, another aspect of the invention allows use of nontradeable implied or bridge markets to combine with other implied or real markets to create further tradeable implied markets. The method described herein thereby permits the creation of all implied markets that are inherent in the combination of futures, calendar spread and inter-commodity spread real orders.
Type:
Grant
Filed:
March 6, 2006
Date of Patent:
April 24, 2012
Assignees:
New York Merchantile Exchange, ICE Futures Europe
Abstract: A computer based trading system implies spread markets from multiple real or implied spread markets. In particular, one aspect of the invention permits implication of a spread market from a combination of inter-commodity and inter-calendar spread orders. Furthermore, another aspect of the invention allows use of nontradeable implied or bridge markets to combine with other implied or real markets to create further tradeable implied markets. The method described herein thereby permits the creation of all implied markets that are inherent in the combination of futures, calendar spread and inter-commodity spread real orders.
Type:
Grant
Filed:
March 6, 2006
Date of Patent:
August 21, 2007
Assignees:
New York Mercantile Exchange, Inc., ICE Futures