WO2011114334A3 - Method and system for performing zero-sum trading - Google Patents
Method and system for performing zero-sum trading Download PDFInfo
- Publication number
- WO2011114334A3 WO2011114334A3 PCT/IL2011/000260 IL2011000260W WO2011114334A3 WO 2011114334 A3 WO2011114334 A3 WO 2011114334A3 IL 2011000260 W IL2011000260 W IL 2011000260W WO 2011114334 A3 WO2011114334 A3 WO 2011114334A3
- Authority
- WO
- WIPO (PCT)
- Prior art keywords
- trader
- sum
- trading
- session
- individual
- Prior art date
Links
Classifications
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION 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
- G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
- G06Q40/04—Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
Abstract
A method for performing a zero-sum trading in secondary market environment, A method for performing a zero-sum trading. In secondary market environment, traders are allowed to join one of the closed groups according to the different criteria. During each trading session, the price of each tradable asset is displayed and order execution of trades is performed according to spread-based broker dealer rules and an individual trader's returns is calculated. A total group bonus being the sum of all individual traders' returns, if exist, Is calculated for this session in this group multiplied by -1 and an individual bonus for each trader is calculated as a part of the total group bonus, based on a distribution formula. At the end of each trading session, an ending balance is set in each trader's account as the sum of trader's beginning balance, trader's return at the end of the session, and trader's individual bonus at the end of the session.
Applications Claiming Priority (2)
Application Number | Priority Date | Filing Date | Title |
---|---|---|---|
IL204608 | 2010-03-18 | ||
IL204608A IL204608A0 (en) | 2010-03-18 | 2010-03-18 | Method and system for performing zero - sum trading |
Publications (2)
Publication Number | Publication Date |
---|---|
WO2011114334A2 WO2011114334A2 (en) | 2011-09-22 |
WO2011114334A3 true WO2011114334A3 (en) | 2011-11-03 |
Family
ID=43570413
Family Applications (1)
Application Number | Title | Priority Date | Filing Date |
---|---|---|---|
PCT/IL2011/000260 WO2011114334A2 (en) | 2010-03-18 | 2011-03-17 | Method and system for performing zero-sum trading |
Country Status (2)
Country | Link |
---|---|
IL (1) | IL204608A0 (en) |
WO (1) | WO2011114334A2 (en) |
Citations (7)
Publication number | Priority date | Publication date | Assignee | Title |
---|---|---|---|---|
US20020161696A1 (en) * | 2001-04-09 | 2002-10-31 | Gebert Carol A. | Corporate market |
US20030236738A1 (en) * | 1999-07-21 | 2003-12-25 | Jeffrey Lange | Replicated derivatives having demand-based, adjustable returns, and trading exchange therefor |
US20040088242A1 (en) * | 2002-10-30 | 2004-05-06 | Nasdaq Liffe Markets, Llc | Liquidity Engine for futures trading exchange |
US20070118393A1 (en) * | 2004-08-06 | 2007-05-24 | Entaire Global Intellectual Property, Inc. | Method of compensating an employee |
US20070233594A1 (en) * | 2004-05-14 | 2007-10-04 | John Nafeh | Risk Management Contracts and Method and Apparatus for Trading Same |
US20090171824A1 (en) * | 2007-12-27 | 2009-07-02 | Dmitriy Glinberg | Margin offsets across portfolios |
US20090248588A1 (en) * | 2008-03-27 | 2009-10-01 | Muhammed Hadi | Scanning based spreads using a hedge ratio non-linear optimization model |
-
2010
- 2010-03-18 IL IL204608A patent/IL204608A0/en unknown
-
2011
- 2011-03-17 WO PCT/IL2011/000260 patent/WO2011114334A2/en active Application Filing
Patent Citations (7)
Publication number | Priority date | Publication date | Assignee | Title |
---|---|---|---|---|
US20030236738A1 (en) * | 1999-07-21 | 2003-12-25 | Jeffrey Lange | Replicated derivatives having demand-based, adjustable returns, and trading exchange therefor |
US20020161696A1 (en) * | 2001-04-09 | 2002-10-31 | Gebert Carol A. | Corporate market |
US20040088242A1 (en) * | 2002-10-30 | 2004-05-06 | Nasdaq Liffe Markets, Llc | Liquidity Engine for futures trading exchange |
US20070233594A1 (en) * | 2004-05-14 | 2007-10-04 | John Nafeh | Risk Management Contracts and Method and Apparatus for Trading Same |
US20070118393A1 (en) * | 2004-08-06 | 2007-05-24 | Entaire Global Intellectual Property, Inc. | Method of compensating an employee |
US20090171824A1 (en) * | 2007-12-27 | 2009-07-02 | Dmitriy Glinberg | Margin offsets across portfolios |
US20090248588A1 (en) * | 2008-03-27 | 2009-10-01 | Muhammed Hadi | Scanning based spreads using a hedge ratio non-linear optimization model |
Also Published As
Publication number | Publication date |
---|---|
IL204608A0 (en) | 2010-11-30 |
WO2011114334A2 (en) | 2011-09-22 |
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