WO2011114334A3 - Method and system for performing zero-sum trading - Google Patents

Method and system for performing zero-sum trading Download PDF

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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
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WO
WIPO (PCT)
Prior art keywords
trader
sum
trading
session
individual
Prior art date
Application number
PCT/IL2011/000260
Other languages
French (fr)
Other versions
WO2011114334A2 (en
Inventor
Yakov Becker
Anna Becker
Original Assignee
Yakov Becker
Anna Becker
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 Yakov Becker, Anna Becker filed Critical Yakov Becker
Publication of WO2011114334A2 publication Critical patent/WO2011114334A2/en
Publication of WO2011114334A3 publication Critical patent/WO2011114334A3/en

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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

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 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.
PCT/IL2011/000260 2010-03-18 2011-03-17 Method and system for performing zero-sum trading WO2011114334A2 (en)

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)

* Cited by examiner, † Cited by third party
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

Patent Citations (7)

* Cited by examiner, † Cited by third party
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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