Abstract: Provided is a system and method for placing trade orders on an electronic exchange using a client terminal. The client terminal includes a user input device and a display device. The method includes displaying a spread matrix on a trading screen of the display device, the spread matrix displaying at least two base dartboards and at least one compound dartboard. The method also includes displaying a market depth of a first tradable instrument on the first base dartboard, displaying a market depth of a second tradable instrument on the second base dartboard, and displaying on the compound dartboard a dynamic display of a plurality of prices of a market depth of a compound. The compound represents a spread market of the first and second tradable instruments.

Abstract: An algorithmic trading system, comprising a rule memory for storing at least one rule for algorithmic trading, wherein the at least one rule includes at least one logic operation and/or arithmetic operation which uses pre-input data, and at least one order/quote agent logic for an order transaction management and/or quote transaction management, a parameter value memory for storing at least one parameter value that represents an strategy instance for a rule, a strategy generation unit that is configured to generate at least one trading strategy using at least one stored rule and at least some of the stored parameter values, such that the generated at least one trading strategy comprises at least one order/quote agent for handling the order transaction management and/or the quote transaction management according to the at least one logic operation and/or arithmetic operation, a processing unit for processing the at least one generated trading strategy by executing the at least one order/quote agent withi

Abstract: Provided is an algorithmic trading system and method for testing automated trading of financial instruments, or for “back-testing”, an executing trading strategy of the algorithmic trading system. An executing trading strategy is formed by processing a generated trading strategy. The generated trading strategy is formed by compiling a created trading strategy. The created trading strategy includes a rule for automated trading, a parameter value for each of at least one parameter and a trading strategy name. The rule includes the at least one parameter and at least one of an order agent and a quote agent.

Abstract: A system and method for internally matching an electronic trade order originated by a trader of a pre-selected group of traders is provided. The system includes an internal provider server including an internal order matcher function, and a gateway communicatively coupled to the internal provider server and an external host system. The gateway is configured to provide a translation interface between the internal provider server and an external host system, and the internal provider server is configured to match the electronic trade order to another electronic trade order placed by another trader of the pre-selected group of traders.

Abstract: Provided is an algorithmic trading system and method for automated trading of financial instruments. Also provided is an algorithmic trading system and method for testing automated trading of financial instruments, or for “back-testing” an executing trading strategy of the algorithmic trading system. An executing trading strategy is formed by processing a generated trading strategy. The generated trading strategy is formed by compiling a created trading strategy. The created trading strategy includes a rule for automated trading, a parameter value for each of at least one parameter and a trading strategy name. The rule includes the at least one parameter and at least one of an order agent and a quote agent.