JP5401332B2 - Order price determination system, order price determination processing method, and program for financial products - Google Patents

Description

  The present invention relates to a financial product order price determination system, an order price determination processing method, and a program configured by a computer that executes processing for determining the order price of a financial product, for example, a stock limit order or a limit order. It can be used when performing

  When a customer places an order to buy or sell financial products such as stocks, the customer can comprehensively analyze the elapsed time until the price of the financial product reaches the current price and the history of price fluctuations from the past to the present. To determine the order price (for example, the limit or stop price of a stock trading order). Also, depending on the customer, refer to data based on various technical analysis methods using prices from the past to the present, and determine the current price position, that is, the position and meaning of the current price. In some cases, the order price may be determined by making a good judgment.

  Even after the order price is determined in this way and the order is made using the online trading system of a securities company, for example, when the market price of the financial product to be ordered rises or falls sharply, etc. There may be circumstances where customers want to change the order price. When such a situation arises, the customer usually responds by making a correction order for changing the order price.

  As a technology related to the present invention, the stop price in the sell order after the execution of the buy order is slid upward according to the rise in the market price, and the slid price is maintained even if the market price falls. There is a system (see Patent Document 1).

JP 2009-116573 A

  As described above, after the order is placed, the customer changes the order price (for example, the limit or stop price of a stock trading order), such as when the market price of the financial product to be ordered rises or falls sharply. When a situation arises, the customer usually responds by making a correction order to change the order price, but after seeing a sharp rise or fall on the screen of his terminal, the customer changes the order price after the change. It takes time and effort to manually enter the terminal and place a correction order.

  In addition, when a sudden rise or fall occurs, the market price of the financial product to be ordered is not always monitored on the screen of the terminal itself. However, since the monitoring burden is large and not realistic, there may actually be a case where the timing of placing a correction order is delayed.

  An object of the present invention is to provide an order price determination system, an order price determination processing method, and a program for a financial product that can correct an order price without requiring a customer to spend time and effort.

  <Invention of system in the case of limit order>

  The present invention relates to an order price determination system for a financial product constituted by a computer that executes a process for determining an order price of a financial product, the brand identification information about the brand of the financial product to be ordered, and the order price as Order data storage means for storing customer order data including limit price in association with order identification information; price data storage means for storing current and past price data in the market for financial products in association with brand identification information; Order data creation processing means for executing processing for creating order data including order identification information, brand identification information, and limit price using the order data stored in the order data storage means; Using the price data from the past time point to the present time, which is a predetermined time before the current time stored in the data storage means, for a predetermined time from the current time The condition of the price change in the direction of price increase with respect to the time between the past point in time and the present time exceeds the predetermined upper limit speed or the upper limit speed specified by the customer or exceeds the upper limit speed. In the case of a buy order, the price data stored in the price data storage means is used at a past time point a predetermined time before the current time, It repeats whether or not the speed condition of price fluctuation with respect to the time until the present time satisfies the shift condition that the predetermined upper limit speed or the upper limit speed specified by the customer is exceeded or exceeds these upper limit speeds The price fluctuation speed judgment processing means for executing the judging process and the price fluctuation speed judgment processing means determine that the shift condition is satisfied. In addition, in the case of a sell order, the updated limit price is calculated by adding a predetermined shift amount or a shift amount specified by the customer to the limit value stored in the order data storage means, In this case, the updated limit price is calculated by subtracting a predetermined shift amount or a shift amount specified by the customer from the limit value stored in the order data storage means, and the calculated updated limit price Is stored in the order data storage means when the updated price is calculated by the order price update processing means. Order data creation process for correction order that executes processing for creating order data of a correction order including order identification information and updated limit price using the ordered order data Processing for transmitting the order data for the correction order created by the processing means and the order data created by the order data creation processing means and the order data creation processing means for the correction order to the market system of the financial product via the communication line. It comprises an order processing means for execution.

  In such an order price determination system for financial products of the present invention (an invention in which the limit is updated by repeatedly determining the speed), whether the fluctuation rate of the market price is equal to or exceeds the upper limit speed or not. Therefore, the limit price can be automatically corrected when the market price rapidly rises or falls rapidly and approaches the limit price as the order price.

  This eliminates the need for the customer to manually input the limit price to the terminal and place a correction order after seeing a sudden rise or fall on the screen of his / her terminal. It becomes possible.

  In addition, the burden of monitoring the customer's market price can be reduced, and inconveniences such as a delay in the timing of placing a correction order after a sudden rise or fall can be prevented.

  In addition, when the market price fluctuates above or exceeds the maximum speed, in the case of a sell order, the limit price is shifted upward, and the financial product subject to ordering can be sold at a higher price. On the other hand, in the case of a buy order, the limit price is shifted downward, so that the financial product to be ordered can be bought at a lower price, so that a contract price that is more advantageous than the original is obtained. It becomes like this.

  And if the market price soars or falls sharply, there may be customer psychological upsets, such as horror at the time of soaring and fear of the sudden fall. In such cases, the customer may be upset and unable to place a correction order. However, if the limit can be automatically corrected according to the present invention, the inconvenience caused by such fluctuations can be eliminated, and the limit can be automatically corrected. It is also possible to suppress the customer's psychological upset itself, thereby achieving the object.

  In the above-described order price determination system (invention that updates the limit price by repeatedly determining the speed), since the market price fluctuation speed is repeatedly determined, the speed is determined in any price range. It is possible to reflect not only the price close to the limit price but also a sharp rise or fall at a price far from the limit price to the update of the limit price as shown below. The speed may be judged when the speed judgment execution price is reached. In such a structure, the sharp increase or fall when the price is close to the limit is mainly reflected in the update of the limit. Can be realized.

  That is, the present invention is an order price determination system for a financial product configured by a computer that executes a process for determining an order price of a financial product, the brand identification information about the brand of the financial product to be ordered, and the order price Order data storage means for storing customer order data including the limit price as order identification information, and price data storage means for storing current and past price data in the market of financial products in association with brand identification information And order data creation processing means for executing order data creation processing including order identification information, brand identification information, and limit price using the order data stored in the order data storage means; , The current price data stored in the price data storage means is determined in advance from the limit price stored in the order data storage means. Judgment is made repeatedly whether or not the speed judgment execution price obtained by subtracting the price for judgment execution price calculation or the price for speed judgment execution price input specified by the customer has been reached. The current price data stored in the data storage means adds a predetermined speed judgment execution price calculation amount or a speed determination execution price calculation amount specified by the customer to the limit value stored in the order data storage means Speed judgment time monitoring processing means for executing processing for repeatedly judging whether or not the speed judgment execution price obtained in this manner has been reached, and when the speed judgment time monitoring processing means determines that the speed judgment execution price has been reached In addition, in the case of a sell order, the price data from a past time point to a present time before the present time stored in the price data storage means to the past time Whether the rate of price fluctuation in the direction of price increase with respect to the time from the time point to the present time satisfies the shift condition that the predetermined upper limit speed or the upper limit speed specified by the customer is exceeded or exceeds these upper limit speeds In the case of a purchase order, the price data stored in the price data storage means at a past time point a predetermined time before the present time is used to determine the time Executes a process to determine whether the speed of fluctuation in the price drop direction for a given time satisfies the shift condition that the predetermined upper limit speed or the upper limit speed specified by the customer is exceeded or exceeds these upper limit speeds In the case of a sell order when it is determined that the shift condition is satisfied by the price fluctuation speed judgment processing means and the price fluctuation speed judgment processing means, The updated limit is calculated by adding a predetermined shift amount or a shift amount designated by the customer to the limit stored in the sentence data storage means. In the case of a buy order, the order data storage means The updated limit price is calculated by subtracting a predetermined shift price or the shift price specified by the customer from the limit price stored in, and the calculated updated limit price is associated with the order identification information and ordered. Order price update processing means for executing processing to be stored in the data storage means, and when the updated limit price is calculated by the order price update processing means, using the order data stored in the order data storage means, Order data creation processing means for correction order for executing processing for creating order data of a correction order including order identification information and updated limit price, and order data Order processing means for executing processing for transmitting the order data created by the creation processing means and the order data of the correction order created by the correction order order data creation processing means to the market system of the financial product via the communication line; It is characterized by comprising.

  Here, since the “speed determination execution price” is calculated based on the limit price, if the limit price is updated, the speed determination execution price is also updated.

  In such an order price determination system for financial products according to the present invention (invention that updates the limit price by determining the speed when the speed determination execution price is reached), it is the price before reaching the limit price as the order price. When the speed judgment execution price is reached, it is judged whether the fluctuation speed of the market price is higher than the upper limit speed or exceeds the upper limit speed, so the market price rises or falls rapidly and rapidly approaches the limit price. The limit price can be automatically corrected when approaching.

  This eliminates the need for the customer to manually input the limit price to the terminal and place a correction order after seeing a sudden rise or fall on the screen of his / her terminal. It becomes possible.

  In addition, the burden of monitoring the customer's market price can be reduced, and inconveniences such as a delay in the timing of placing a correction order after a sudden rise or fall can be prevented.

  In addition, when the market price fluctuates above or exceeds the maximum speed, in the case of a sell order, the limit price is shifted upward, and the financial product subject to ordering can be sold at a higher price. On the other hand, in the case of a buy order, the limit price is shifted downward, so that the financial product to be ordered can be bought at a lower price, so that a contract price that is more advantageous than the original is obtained. It becomes like this.

  And if the market price soars or falls sharply, there may be customer psychological upsets, such as horror at the time of soaring and fear of the sudden fall. In such cases, the customer may be upset and unable to place a correction order. However, if the limit can be automatically corrected according to the present invention, the inconvenience caused by such fluctuations can be eliminated, and the limit can be automatically corrected. It is also possible to suppress the customer's psychological upset itself, thereby achieving the object.

  Further, in the above-described order price determination system (invention that repeatedly determines the speed and updates the limit price, and invention that determines the speed and updates the limit price when the speed determination execution price is reached), the price fluctuation speed determination In the case of a sell order, the processing means is the absolute value of the negative difference from the current price data in the price data from the past time point to the present time stored in the price data storage means. It is determined whether there is price data that satisfies the shift condition that the value is greater than or equal to the predetermined upper limit amount or specified by the customer, or exceeds these upper limit amounts. Predetermined upper limit for the positive difference between the current price data and the current price data stored in the storage means from the past time to the present a predetermined time before the current time Or it may be configured to perform a process of determining whether there is a shift satisfies price data that exceeds the input specified maximum amount or more or these maximum amount with the customer.

  In this way, whether there is any price data in the price data from the past point in time up to the present before the present time that the difference from the current price data is greater than or equal to the upper limit amount or exceeds the upper limit amount. In such a configuration, it is possible to reflect the rapid increase or decrease in the market price occurring within a time shorter than the predetermined time in the update of the limit price.

  In the above-described order price determination system (invention that repeatedly determines the speed and updates the limit price, and invention that determines the speed and updates the limit price when the speed determination execution price is reached), the order price update process It is desirable that the means is configured to repeat the limit price update processing stored in the order data storage means every time the shift condition is determined to be satisfied by the price fluctuation speed determination processing means.

  Thus, when the limit price update process is repeated each time the shift condition is satisfied, it is possible to realize a process of updating the limit price to be more advantageous to the customer.

  In addition, when it is configured to be able to perform a plurality of limit price update processes in this way, an input designation by a customer for setting a limit on the number of updates may be accepted, or the number of updates as a system may be accepted Limits may be provided.

  <Invention of system in the case of stop order>

  The present invention also relates to an order price determination system for a financial product configured by a computer that executes a process for determining an order price of the financial product, the brand identification information about the brand of the financial product to be ordered, and the order price. Order data storage means for storing customer order data including stop price as associated with order identification information, and price data storage for storing current and past price data in the market of financial products in association with brand identification information And, in the case of a sell order, using the price data from a past time point a predetermined time before the current time stored in the price data storage means to the present time, The rate of change in the price drop direction with respect to the time between is higher than the predetermined upper limit speed or the upper limit speed specified by the customer, or It is repeatedly judged whether or not the shift condition of exceeding these upper limit speeds is satisfied, and in the case of a buy order, the price from the past point in time a predetermined time before the present stored in the price data storage means to the present Using the data, the rate of price fluctuation in the direction from the past to the present at a predetermined time before the present is higher than the predetermined upper limit speed or the upper limit speed specified by the customer, or When it is determined by the price fluctuation speed determination processing means that the process of repeatedly determining whether or not the shift condition of exceeding these upper limit speeds is satisfied, and the shift condition is satisfied by the price fluctuation speed determination processing means, In the case of a sell order, a predetermined shift amount or a shift amount designated by the customer is added to the stop price stored in the order data storage means. To calculate the updated stop price, and, in the case of a buy order, subtract the predetermined shift amount or the shift amount specified by the customer from the stop limit stored in the order data storage means. The updated stop price is calculated by the order price update processing means for executing processing for storing the updated updated stop price in association with the order identification information in the order data storage means, and stored in the price data storage means. An order condition success / failure determination processing means for executing a process of repeatedly determining whether or not the current price data satisfies the ordering condition to the market of the financial product to reach the stop price stored in the order data storage means; When the order condition success / failure determination processing unit determines that the order condition is satisfied, the order data stored in the order data storage unit is used to include the order identification information. Order data creation processing means for executing processing for creating order data, and order processing for executing processing for transmitting the order data created by the order data creation processing means to the market system for financial products via a communication line Means.

  In such an order price determination system for financial products according to the present invention (an invention in which the speed is repeatedly determined and the stop price is updated), has the market price fluctuating speed exceeded the upper limit speed or exceeded the upper limit speed? Since it is repeatedly judged whether or not the market price has risen or fallen rapidly and approaches the stop price as the order price, the stop price can be automatically corrected.

  This eliminates the need for the customer to manually input the stop price after the change to the terminal and place a correction order after seeing a sudden rise or fall on the screen of his / her terminal. It becomes possible to do.

  In addition, the burden of monitoring the customer's market price can be reduced, and inconveniences such as a delay in the timing of placing a correction order after a sudden rise or fall can be prevented.

  In addition, when the market price fluctuates more than the upper limit speed or exceeds the upper limit speed, in the case of a sell order, the stop price is shifted upward, and the financial product to be ordered is sold at a higher price than the original. On the other hand, in the case of a buy order, the stop price is shifted downward so that the financial product to be ordered can be bought at a lower price than the original. In other words, it is possible to obtain a contract price that is more advantageous than the original, while maintaining an investment policy that assumes that the market price will continue to change in the same direction if the market price exceeds the threshold.

  And if the market price soars or falls sharply, there may be customer psychological upsets, such as horror at the time of soaring and fear of the sudden fall. In such cases, the customer may be upset and unable to place a correction order. However, if the stop price can be automatically corrected according to the present invention, the inconvenience caused by such fluctuations can be eliminated, and the stop price can be automatically corrected. Provisions can be provided, and the psychological sway of the customer itself can be suppressed, thereby achieving the object.

  In the above-described order price determination system (invention that updates the stop price by repeatedly determining the speed), since the market price fluctuation speed is repeatedly determined, the speed is determined in any price range. Therefore, it is possible to reflect not only the price close to the stop price but also a sharp rise or fall at a price far from the stop price to some extent, but it will be reflected in the update of the stop price as follows: A configuration may be adopted in which the speed is determined when the speed determination execution price, which is the previous price, is reached. In such a configuration, a sudden rise or drop mainly at the stage when the price is close to the stop price. Thus, it is possible to realize processing to be reflected in the update of the stop price.

  That is, the present invention is an order price determination system for a financial product configured by a computer that executes a process for determining an order price of a financial product, the brand identification information about the brand of the financial product to be ordered, and the order price Order data storage means for storing customer order data including stop price as associated with order identification information, and price data storage for storing current and past price data in the market of financial products in association with brand identification information And, in the case of a sell order, the current price data stored in the price data storage means is input by the customer for the speed judgment execution price calculation preset to the stop price stored in the order data storage means or by the customer Buy order by repeatedly determining whether or not the speed judgment execution price obtained by adding the specified speed judgment execution price calculation amount has been reached In this case, the current price data stored in the price data storage means is a predetermined speed judgment execution price calculation amount based on the stop price stored in the order data storage means or a speed determination execution specified by the customer. The speed judgment time monitoring processing means for executing the process of repeatedly judging whether or not the speed judgment execution price obtained by subtracting the price calculation amount is obtained, and the speed judgment time monitoring processing means uses the speed judgment time monitoring processing means to When it is determined that the order has been reached, in the case of a sell order, the price data from the past time point to the present time before the present time stored in the price data storage means to the present time is used. The rate of change in the price decline direction over the period from the past time to the present is equal to or higher than the predetermined upper limit speed or the upper limit speed specified by the customer. It is determined whether or not the shift condition of exceeding the speed is satisfied, and in the case of a buy order, the price data from the past time point to the present time before the present time stored in the price data storage means is used, The rate of change in the price increase direction over a period of time from the past point in time before the present to the present is greater than or equal to a predetermined upper limit speed or an upper limit speed specified by the customer, or these upper limit speeds. In the case of a sell order when the price fluctuation speed determination processing means executes a process for determining whether or not the shift condition is exceeded, and the price fluctuation speed judgment processing means determines that the shift condition is satisfied. Is updated by adding a predetermined shift amount or a shift amount specified by the customer to the stop price stored in the order data storage means. Calculate the stop price and, in the case of a buy order, the updated stop price by subtracting the predetermined shift amount or the shift amount specified by the customer from the stop price stored in the order data storage means Order price update processing means for executing processing for storing the calculated updated stop price in association with the order identification information in the order data storage means, and current price data stored in the price data storage means An order condition success / failure determination processing means for executing a process of repeatedly determining whether or not a financial product market order condition for reaching the stop price stored in the order data storage means is satisfied, and the order condition success / failure determination processing When it is determined that the order condition is satisfied by the means, the order data including the order identification information is created using the order data stored in the order data storage means. Order data creation processing means for executing processing, and order processing means for executing processing for transmitting the order data created by the order data creation processing means to the market system for financial products via a communication line It is characterized by.

  In such an order price determination system for financial products of the present invention (invention that updates the stop price by determining the speed when the speed determination execution price is reached), the price before reaching the stop price as the order price When the price judgment execution price is reached, it is judged whether the fluctuation speed of the market price has exceeded the upper limit speed or exceeded the upper limit speed. The stop price can be automatically corrected when approaching rapidly.

  This eliminates the need for the customer to manually input the stop price after the change to the terminal and place a correction order after seeing a sudden rise or fall on the screen of his / her terminal. It becomes possible to do.

  In addition, the burden of monitoring the customer's market price can be reduced, and inconveniences such as a delay in the timing of placing a correction order after a sudden rise or fall can be prevented.

  In addition, when the market price fluctuates more than the upper limit speed or exceeds the upper limit speed, in the case of a sell order, the stop price is shifted upward, and the financial product to be ordered is sold at a higher price than the original. On the other hand, in the case of a buy order, the stop price is shifted downward so that the financial product to be ordered can be bought at a lower price than the original. In other words, it is possible to obtain a contract price that is more advantageous than the original, while maintaining an investment policy that assumes that the market price will continue to change in the same direction if the market price exceeds the threshold.

  And if the market price soars or falls sharply, there may be customer psychological upsets, such as horror at the time of soaring and fear of the sudden fall. In such cases, the customer may be upset and unable to place a correction order. However, if the stop price can be automatically corrected according to the present invention, the inconvenience caused by such fluctuations can be eliminated, and the stop price can be automatically corrected. Provisions can be provided, and the psychological sway of the customer itself can be suppressed, thereby achieving the object.

  Furthermore, in the above-described order price determination system (invention that repeatedly determines speed and updates the stop price, and invention that determines speed and updates the stop price when the speed determination execution price is reached) In the case of a sell order, the speed judgment processing means includes a positive difference from the current price data in the price data from a past time point to a present time before the current time stored in the price data storage means. Determines whether there is price data that satisfies the shift condition that is equal to or exceeds a predetermined upper limit amount or specified by the customer, or exceeds these upper limit amounts. The absolute value of the negative difference from the current price data is determined in advance in the price data from the past time point to the present time before the current time stored in the means. It can be configured to perform a process of determining whether there is a shift satisfies price data that exceeds the amount or maximum amount or more or these upper amount entered specified by the customer.

  In this way, whether there is any price data in the price data from the past point in time up to the present before the present time that the difference from the current price data is greater than or equal to the upper limit amount or exceeds the upper limit amount. In such a configuration, it is possible to reflect the rapid increase or decrease in the market price occurring within a time shorter than the predetermined time in the update of the stop price.

  In the above-described order price determination system (invention that repeatedly determines speed and updates the stop price, and invention that determines speed and updates the stop price when the speed determination execution price is reached) The update processing means is preferably configured to repeat the updating process of the stop price stored in the order data storage means each time the shift condition is determined to be satisfied by the price fluctuation speed determination processing means.

  In this way, when the stop price update process is repeated each time the shift condition is satisfied, it is possible to realize a process of updating the stop price so as to be more advantageous to the customer.

  In addition, when it is configured to be able to perform multiple stop limit update processes in this way, it may be possible to accept input designation by the customer for setting a limit on the number of updates, or the number of updates as a system Limits may be provided.

  Further, as a method realized by the financial product order price determination system of the present invention described above, the following order method for financial product order price determination of the present invention can be cited.

  <Invention of method in the case of limit order>

  The present invention also relates to an order price determination processing method executed by a financial product order price determination system configured by a computer that executes a process for determining an order price of a financial product, the brand of the financial product to be ordered. The customer's order data including the stock identification information for the product and the limit price as the order price is stored in the order data storage means in association with the order identification information, and the current and past price data in the financial product market is also identified. Order data including the order identification information, the brand identification information, and the limit price using the order data stored in the order data storage means. A process for creating data is executed, and the order processing means passes the order data created by the order data creation processing means. In the case where the price fluctuation rate determination processing means is a selling order, a process of transmitting to the market system of financial products via the line is performed, and a past time point a predetermined time before the current time stored in the price data storage means Using the price data from the current to the present, the speed of the price increase in the direction from the past time to the present a predetermined time before the present is input by the preset upper limit speed or by the customer. In the case of a buy order, the price at a past point in time in the past from the present time stored in the price data storage means is repeatedly judged whether or not the shift condition of exceeding the upper limit speed or exceeding the upper limit speed is satisfied. Using data, the rate of price change in the direction of price decline over a period of time from the past point in time to the present before the present time is The process of repeatedly determining whether or not the shift condition that the specified upper limit speed is exceeded or exceeds these upper limit speeds is executed, and the order price update processing means satisfies the shift condition by the price fluctuation speed judgment processing means. In the case of a sell order when it is determined that the limit price has been updated, the limit price stored in the order data storage means is added to the limit price stored in advance or the shift price specified by the customer is added. In the case of a buy order, the updated limit price is calculated by subtracting a predetermined shift amount or a shift amount specified by the customer from the limit value stored in the order data storage means, Executing the process of storing the calculated updated limit price in the order data storage means in association with the order identification information, and order data creation processing means for correction order However, when the updated limit price is calculated by the order price update processing means, the order data stored in the order data storage means is used to obtain the order identification information and the order data of the corrected order including the updated limit price. The processing to create is executed, and the order processing means executes processing to transmit the order data of the corrected order created by the order data creation processing means for correction order to the market system via the communication line. Is.

Furthermore, the present invention relates to an order price determination processing method executed by a financial product order price determination system configured by a computer that executes processing for determining the order price of a financial product, the brand of the financial product to be ordered. The customer's order data including the stock identification information for the product and the limit price as the order price is stored in the order data storage means in association with the order identification information, and the current and past price data in the financial product market is also identified. The order data creation processing means stores the order data including the order identification information, the brand identification information, and the limit price using the order data stored in the order data storage means. The order processing unit executes the process to be created, and the order data created by the order data creation processing unit is transferred to the communication line. When the speed judgment processing means is a sell order, the current price data stored in the price data storage means is stored in the order data storage means. It is repeatedly determined whether or not it has reached the speed judgment execution price obtained by subtracting the predetermined speed judgment execution price calculation amount or the speed judgment execution price calculation amount specified by the customer from the limit price. In the case of a buy order, the current price data stored in the price data storage means is input and specified by the customer for the speed judgment execution price calculation preset to the limit stored in the order data storage means Execute the process of repeatedly determining whether the speed judgment execution price obtained by adding the speed judgment execution price calculation amount is reached,
In the case of a sell order when the price fluctuation speed determination processing means determines that the speed determination execution price has been reached by the speed determination time monitoring processing means, the price fluctuation speed determination processing means is a predetermined time from the current time stored in the price data storage means. Using the price data from the previous past time point to the present time, the speed of fluctuation in the price rising direction with respect to the time between the past time point and the present time before the present time is a predetermined upper limit speed or It is determined whether or not the shift condition of exceeding or exceeding the upper limit speeds specified by the customer is satisfied. In the case of a purchase order, the past of a predetermined time before the current time stored in the price data storage means Using the price data at the point in time, the rate of price change in the direction of the price drop for the time between the past point in time and the present point in time before the present time is Executes a process for determining whether or not a shift condition that exceeds or exceeds the upper limit speed specified by the customer is satisfied, and the order price update processing means determines that the shift condition is determined by the price fluctuation speed determination processing means. In the case of a sell order when it is determined that the price has been satisfied, an updated value is obtained by adding a predetermined shift amount or a shift amount specified by the customer to the limit value stored in the order data storage means. The limit price is calculated, and in the case of a buy order, the updated limit price is calculated by subtracting a predetermined shift amount or a shift amount designated by the customer from the limit value stored in the order data storage means. , Execute the process of storing the calculated updated limit price in the order data storage means in association with the order identification information, and creating the order data for correction order When the updated limit price is calculated by the order price update processing means, the order data stored in the order data storage means is used to determine the order identification data and the corrected order order data including the updated limit price. The order processing means executes processing for transmitting the order data of the corrected order created by the order data creation processing means for correction order to the market system via a communication line. To do.

  <Invention of method in case of stop order>

  The present invention also relates to an order price determination processing method executed by a financial product order price determination system configured by a computer that executes a process for determining an order price of a financial product, the brand of the financial product to be ordered. The customer's order data including the stock identification information about the product and the stop price as the order price is stored in the order data storage means in association with the order identification information, and the current and past price data in the financial instrument market In the case where the price fluctuation speed determination processing means is a selling order, it is stored in the price data storage means in association with the identification information, and from the past time point a predetermined time before the current time stored in the price data storage means. The rate of price change in the direction of price decline for the time from the past point in time up to the present time using the price data up to , Repeatedly determine whether or not a shift condition that exceeds a predetermined upper limit speed or specified by the customer or exceeds the upper limit speed is satisfied, and in the case of a buy order, stores it in the price data storage means Using the price data from the past point in time to the present before the present time, the speed of the price increase direction change with respect to the time between the past point in time and the present before the present time, The order price update processing means executes the process of repeatedly determining whether or not a shift condition that exceeds a predetermined upper limit speed or specified by the customer or exceeds the upper limit speed, or exceeds these upper limit speeds. In the case of a sell order when it is determined that the shift condition is satisfied by the determination processing means, the stop price stored in the order data storage means is The updated stop price is calculated by adding the shift amount determined by the customer or the shift amount specified by the customer, and in the case of a buy order, it is determined in advance from the stop price stored in the order data storage means. The updated stop price is calculated by subtracting the shift amount specified or the shift amount specified by the customer, and the calculated updated stop price is stored in the order data storage means in association with the order identification information. The ordering condition success / failure judgment processing means executes processing to determine the ordering condition for the financial product market that the current price data stored in the price data storage means reaches the stop price stored in the order data storage means. When the process of repeatedly determining whether the order is satisfied is executed, and the order data creation processing means determines that the order condition is satisfied by the order condition success / failure determination processing means The order data stored in the order data storage means is used to execute processing for creating order data including order identification information, and the order processing means communicates the order data created by the order data creation processing means. The present invention is characterized in that a process of transmitting to a financial product market system via a line is executed.

  Furthermore, the present invention relates to an order price determination processing method executed by a financial product order price determination system configured by a computer that executes processing for determining the order price of a financial product, the brand of the financial product to be ordered. The customer's order data including the stock identification information about the product and the stop price as the order price is stored in the order data storage means in association with the order identification information, and the current and past price data in the financial instrument market In association with the identification information and stored in the price data storage means, when the speed determination time monitoring processing means is a sell order, the current price data stored in the price data storage means is stored in the order data storage means Amount for speed judgment execution price calculation set in advance for the given stop price or an amount for speed judgment execution price calculation specified by the customer It is repeatedly determined whether or not the speed determination execution price obtained by the addition has been reached, and in the case of a buy order, the current price data stored in the price data storage means is stored in the order data storage means Processing for repeatedly determining whether or not a speed judgment execution price obtained by subtracting a predetermined speed judgment execution price calculation amount from the stop limit or a speed judgment execution price calculation amount specified by the customer is reached When the price fluctuation speed judgment processing means determines that the speed judgment execution price has been reached by the speed judgment time monitoring processing means, in the case of a sell order, the price fluctuation speed judgment processing means is more than the current value stored in the price data storage means. Using the price data from a past time point to the present before a predetermined time, the rate of price fluctuation in the direction of the price drop for the time between the past time point and the present time before the present time is determined in advance. It is determined whether or not the upper limit speed or a shift condition that exceeds or exceeds the upper limit speed specified by the customer is satisfied, and in the case of a buy order, it is predetermined from the current value stored in the price data storage means. Using price data from a past point in time before the present to the present, the speed of fluctuation in the price increase direction for the time between the past point in time and the present a predetermined time before the present is a predetermined upper limit speed Alternatively, a process for determining whether or not a shift condition that exceeds or exceeds the upper limit speed specified by the customer is satisfied, and the order price update processing means determines that the shift condition is determined by the price fluctuation speed determination processing means. In the case of a sell order when it is determined that the price has been satisfied, a predetermined shift amount or customer is added to the stop price stored in the order data storage means. The updated stop price is calculated by adding the shift amount specified by input in the case of a purchase order, and in the case of a buy order, it is input by a predetermined shift amount or a customer from the stop price stored in the order data storage means. Subtract the specified shift amount to calculate the updated stop price, execute processing to store the updated updated stop price in association with the order identification information in the order data storage means, and determine whether the order condition is successful Processing in which the processing means repeatedly determines whether or not the current price data stored in the price data storage means satisfies the ordering condition for the financial product market to reach the stop price stored in the order data storage means When the order data creation processing unit determines that the order condition is satisfied by the order condition success / failure determination processing unit, the order data storage unit stores the note stored in the order data storage unit. Using the data, execute processing to create order data including order identification information, and the order processing means sends the order data created by the order data creation processing means to the financial instrument market system via the communication line. It is characterized by executing the processing to be performed.

  In the financial product order price determination processing method of the present invention as described above, the operations and effects obtained by the above-described financial product order price determination system of the present invention can be obtained as they are, thereby achieving the object.

  <Invention of program>

  A program of the present invention is for causing a computer to function as the above-described financial product order price determination system.

  The above-mentioned program or a part thereof is, for example, a magneto-optical disk (MO), a read-only memory (CD-ROM) using a compact disk (CD), a CD recordable (CD-R), a CD rewritable (CD -RW), read-only memory (DVD-ROM) using digital versatile disk (DVD), random access memory (DVD-RAM) using DVD, flexible disk (FD), magnetic tape, hard disk, It can be recorded on storage media such as read-only memory (ROM), electrically erasable and rewritable read-only memory (EEPROM), flash memory, and random access memory (RAM) for storage and distribution. And, for example, a local area network (LA ), A metropolitan area network (MAN), a wide area network (WAN), a wired network such as the Internet, an intranet, or an extranet, or a wireless communication network, or a combination thereof. It is also possible to carry it on a carrier wave. Furthermore, the above program may be a part of another program, or may be recorded on a recording medium together with a separate program.

  As described above, according to the present invention, it is repeatedly determined whether the fluctuation rate of the market price exceeds the upper limit speed or exceeds the upper limit speed, or the limit price or stop price as the order price is reached. Since it is judged when the price judgment execution price, which is the previous price, is reached, the limit price and stop price are automatically corrected when the market price suddenly rises or falls rapidly and approaches the limit price or stop price. It is possible to reduce the trouble of inputting correction orders by the customer, to reduce the burden of monitoring the market price by the customer, to execute at a price advantageous to the customer, and to the psychological of the customer due to the rapid rise or fall of the market price There is an effect that it is possible to reduce shaking.

1 is an overall configuration diagram of an order price determination system for financial products according to an embodiment of the present invention. The figure which shows an example of a structure of the order data storage means of the said embodiment. The figure which shows an example of a structure of the price data storage means of the said embodiment. The figure which shows an example of a structure of the money amount memory | storage means for speed judgment execution price calculation of the said embodiment. The figure which shows an example of a structure of the upper limit speed memory | storage means of the said embodiment. The figure which shows an example of a structure of the shift amount memory | storage means of the said embodiment. The figure of the flowchart which shows an example of the flow of the order price determination process in the case of updating the limit price when the price fluctuation speed is periodically determined for the limit order of the embodiment and the upper limit speed is exceeded. The figure of the flowchart which shows an example of the flow of the order price determination process in the case of updating the limit price when the price fluctuation speed is determined when reaching the speed determination execution price for the limit order of the embodiment and the upper limit speed is exceeded. The figure of the flowchart which shows an example of the flow of the order price determination process in the case of updating the stop price when the price fluctuation speed is periodically determined for the stop price order of the embodiment and the upper limit speed is exceeded. The flowchart which shows an example of the flow of the order price determination process in the case of updating the stop price when the price change speed is determined when reaching the speed judgment execution price for the stop price order of the embodiment and the upper limit speed is exceeded. Figure. The figure which shows an example of the order screen of the said embodiment. Explanatory drawing of a process in the case of judging the price fluctuation speed at the time of reaching the speed judgment execution price for the limit order of buying in the embodiment. Explanatory drawing of a process in the case of determining the price fluctuation speed regularly about the sell limit order in the said embodiment.

  An embodiment of the present invention will be described below with reference to the drawings. FIG. 1 shows the overall configuration of a financial product order price determination system 10 according to the present embodiment. 2 shows an example of the configuration of the order data storage means 40, FIG. 3 shows an example of the configuration of the price data storage means 41, and FIG. 4 shows the speed judgment execution price calculation amount storage means. An example of the configuration of the upper limit speed storage unit 43 is shown in FIG. 5, and an example of the configuration of the shift amount storage unit 44 is shown in FIG. FIG. 7 is a flowchart showing an example of a flow of order price determination processing in the case where the price fluctuation rate is periodically determined for the limit order and the limit price is updated when the limit speed is exceeded. FIG. 9 is a flowchart showing an example of a flow of order price determination processing in the case where the price fluctuation speed is determined when the limit order is reached for the limit order and the limit price is updated when the price is equal to or higher than the upper limit speed. FIG. 10 is a flowchart showing an example of a flow of order price determination processing in the case where the price fluctuation rate is periodically determined for the stop order and the stop price is updated when it is equal to or higher than the upper limit speed. An example of the flow of order price determination processing in the case of updating the stop price when the price fluctuation speed is judged and the upper limit speed is exceeded when the speed judgment execution price is reached for the stop order is shown in the flowchart. There. Further, FIG. 11 shows an example of the order screen 100. FIG. 12 is an explanatory diagram of processing when the price fluctuation speed is determined at the time when the speed determination execution price is reached for the buy limit order, and FIG. 13 is the price periodically for the sell limit order. It is explanatory drawing of a process in the case of judging the fluctuation speed of.

  In FIG. 1, an order price determination system 10 for a financial product (in the present embodiment, it is assumed as an example) is a system managed by a financial institution such as a securities company, for example. ) And the order price determination server 20 for executing various processes relating to automatic order price and stop price update as well as order prices to the market and order prices, and storing data necessary for the various processes. Yes. The order price determination server 20 is connected to a terminal device 50 operated by a customer or its input agent via the network 1 and a communication line 2 (usually a dedicated line, but the network 1 may also be used. ) And a price data providing system 70 are connected via the communication line 3 (which may be a dedicated line or the network 1).

  The network 1 includes various forms such as LAN, MAN, WAN, the Internet, an intranet, an extranet, or a combination thereof, and is wired or wireless, or a mixture of wired and wireless. Regardless of whether it is a type, in short, it may be anything that can transmit information at a certain speed between a plurality of points (regardless of the length of distance).

  The order price determination server 20 is constituted by one or a plurality of computers, and includes an order acceptance processing means 21, a price data acquisition processing means 22, an order condition success / failure judgment processing means 23, and a speed judgment time monitoring processing means 24. Price fluctuation speed determination processing means 25, order price update processing means 26, order data creation processing means 27, correction order order data creation processing means 28, order processing means 29, contract monitoring processing means 30, Order data storage means 40, price data storage means 41, speed judgment execution price calculation amount storage means 42, upper limit speed storage means 43, shift amount storage means 44, order data storage means 45, execution data storage And means 46.

  The order reception processing means 21 transmits display data for the order screen 100 (see FIG. 11) to the terminal device 50 via the network 1 in response to a request from the terminal device 50 for the customer or its input agent. Receives customer order data and setting data relating to automatic update of the order price transmitted from the terminal device 50 via the network 1, and automatically assigns order identification information (order number, etc.) to the received order data; A process of storing the order data and setting data relating to automatic update of the order price in association with the customer identification information (account number, etc.) and the order identification information (order number, etc.) in the order data storage means 40 (see FIG. 2) is executed. Is.

  In this embodiment, the order data includes, for example, customer identification information (account number, etc.), brand identification information (brand code, etc.), order quantity (number of shares), trading category, order type (limit price / stop price). Others), order price (limit price or stop price), etc. are included.

  Further, in the present embodiment, for example, setting data for speed determination is included in the setting data relating to the automatic update of the order price (limit price or stop price). The setting data at the time of this speed judgment is to judge the speed on a regular basis, to judge the speed when the speed judgment execution price determined by the speed calculation execution price calculation input by the customer is reached, or automatically by the system This is the customer's selection information for determining the speed when the set speed determination execution price is reached, and the input amount when the speed determination execution price calculation amount is input by the customer (see FIG. 11). .

  Further, the setting data regarding the automatic update of the order price (limit price or stop limit) includes setting data for the upper limit speed. This upper limit speed setting data is the customer's selection information for using the upper limit amount inputted by the customer as the threshold of the price fluctuation range in the most recent one minute or the upper limit speed automatically set by the system (see FIG. 11).

  Further, the setting data relating to the automatic update of the order price (the limit price or the stop price) includes setting data for the limit amount or the stop price shift amount. This shift amount setting data is customer selection information for using the shift amount input by the customer or the shift amount automatically set by the system (see FIG. 11).

  Further, the setting data relating to the automatic update of the order price (limit price or stop price) includes setting data of the limit limit number of limit prices or stop prices. The setting data of the shift limit number is the shift limit number input by the customer, or customer selection information for making the shift number unlimited (see FIG. 11).

  Then, the setting data relating to the automatic update of these order prices (limit price or stop price) may be stored in the order data storage means 40 (see FIG. 2) in the data state as received (the data to be stored is also stored). However, in the present embodiment, there is also data to be stored in the order data storage unit 40 after the following processing is performed by the order reception processing unit 21.

  That is, when the order acceptance processing means 21 receives the speed judgment execution price calculation amount input by the customer as the setting data at the time of speed judgment, the received order type is a limit order and the received order type is received. If the trading category is a sell order, the speed judgment execution price is calculated by subtracting the received speed judgment execution price calculation amount from the received limit, the received order type is a limit order, and the received trade If the category is a buy order, the speed judgment execution price is calculated by adding the received speed judgment execution price calculation amount to the received limit, the received order type is a stop order, and the received buy / sell If the category is a sell order, the speed judgment execution price is calculated by adding the received speed judgment execution price calculation amount to the received stop price, and the received order type is the stop priceNote. If the received trading category is a buy order, the speed judgment execution price is calculated by subtracting the received speed judgment execution price calculation amount from the received stop price, and the calculated speed judgment execution price is calculated. Then, a process of storing in the order data storage means 40 (see FIG. 2) in association with the customer identification information (account number or the like) and the order identification information (order number or the like) is executed. Instead of storing the speed determination execution price in the order data storage unit 40 in this way, the speed determination execution price calculation amount is stored, and the speed determination execution monitoring unit 24 reaches the speed determination execution price. When determining whether or not, the speed judgment execution price may be calculated using the limit price or the stop price stored in the order data storage means 40 and the speed determination execution price calculation amount.

  The order reception processing means 21 receives the selection information of the customer for judging the speed when the speed judgment execution price automatically set by the system is reached as the setting data at the time of the speed judgment. The speed judgment execution price calculation amount corresponding to the order brand is acquired from the speed judgment execution price calculation amount storage means 42 (see FIG. 4) using the selected brand identification information (brand code, etc.) as a key and input by the customer described above. In the same way as when the received speed judgment execution price calculation amount is received, the speed judgment execution price is calculated using the received limit price or reverse limit price and the acquired speed determination execution price calculation price. A process for storing the speed determination execution price in the order data storage means 40 (see FIG. 2) in association with the customer identification information (account number or the like) and the order identification information (order number or the like) is executed.

  Further, when receiving the customer selection information for using the upper limit speed automatically set by the system as the upper limit speed setting data, the order reception processing means 21 receives the received brand identification information (brand code, etc.). Is used as a key to obtain the upper limit amount (upper limit speed) corresponding to the order brand from the upper limit speed storage means 43 (see FIG. 5), and the acquired upper limit amount (upper limit speed) is used as the customer identification information (account number, etc.) and the order. A process of storing in the order data storage means 40 (see FIG. 2) in association with the identification information (order number or the like) is executed.

  When the order reception processing means 21 receives the customer selection information for using the shift amount automatically set by the system as the shift amount setting data, the received order identification information (brand code etc.) Is used as a key to acquire the shift amount corresponding to the order symbol from the shift amount storage means 44 (see FIG. 6), and the acquired shift amount is used as customer identification information (account number, etc.) and order identification information (order number, etc.). A process of associating and storing in the order data storage means 40 (see FIG. 2) is executed.

  The price data acquisition processing means 22 sequentially receives the latest price data of each financial product (in the present embodiment, each stock brand is an example) transmitted from the price data providing system 70 via the communication line 3. The price data storage means 41 (see FIG. 3) stores the information in association with the brand identification information (brand code or the like) and the date and time (the date and time when the price is generated or received). Note that the received latest price data is not stored in the price data storage means 41 but stored and stored.

  The order condition success / failure determination processing means 23 stores the current price data stored in the price data storage means 41 (see FIG. 3) in the order data storage means 40 (see FIG. 2). A process for repeatedly determining whether or not the financial product market order condition for reaching the stored stop limit is satisfied is executed. Note that the monitoring process by the order condition success / failure determination processing means 23 is a process performed only in the case of a stop order, and in the case of a normal limit order, the process for determining the success or failure of such an order condition is performed. Order processing to the market.

  The speed judgment time monitoring processing unit 24 stores the current price data stored in the price data storage unit 41 (see FIG. 3) in the order data storage unit 40 (see FIG. 2). A process of repeatedly determining whether or not the stored speed determination execution price has been reached is executed.

  More specifically, the speed determination time monitoring processing unit 24 determines the speed when the order type stored in the order data storage unit 40 (see FIG. 2) is a limit order and the trading category is a sell order. Since the determination execution price is a value obtained by subtracting the speed determination execution price calculation amount from the limit price, it is determined whether or not the current price data is equal to or higher than the speed determination execution price. If the order type is limit order and the buy / sell category is buy order, the speed determination execution price is the value obtained by adding the speed determination execution price calculation amount to the limit price. Is determined to be less than or equal to the speed determination execution price. Furthermore, when the order type is a stop order and the trade category is a sell order, the speed determination execution price is a value obtained by adding the amount for speed determination execution price calculation to the stop price. It is determined whether the price data is below the speed determination execution price. And when the order type is a stop order and the received trading category is a buy order, the speed determination execution price is a value obtained by subtracting the amount for speed determination execution price calculation from the stop price. It is determined whether or not the current price data is equal to or higher than the speed determination execution price.

  The price fluctuation speed determination processing means 25 is a predetermined time before the present time stored in the price data storage means 41 (see FIG. 3) (in this embodiment, for example, one minute before) from the past time point to the present time. Using price data, in the case of a sell limit order or a buy limit order, the rate of change in the upward direction of the price with respect to the time from a past point in time to the present ( It is determined whether or not the shift condition that the ascending speed is equal to or higher than the upper limit speed is satisfied, and in the case of a buy limit order or a sell limit order, from a past point in time before the present time A process of determining whether or not the shift condition that the price fluctuation rate (decrease rate) with respect to the time up to the present time is equal to or higher than the upper limit rate is executed. In the present embodiment, the shift condition is that the upper limit speed is “more than”, but the shift condition may be “exceeding” the upper limit speed instead of “more than”. The upper limit speed may be a predetermined speed (a speed prepared for each brand in the system or a speed prepared as a common brand for each brand in the system), or a speed input and designated by a customer.

  More specifically, in the case of a sell limit order or a buy stop limit order, the price fluctuation speed determination processing means 25 is a predetermined time longer than the current value stored in the price data storage means 41 (see FIG. 3). In the price data from the past (in this embodiment, as an example, one minute ago) to the present, a negative difference from the current price data (the value obtained by subtracting the current price data from the price data) It is determined whether or not there is price data that satisfies the shift condition that the absolute value of the difference when the value becomes negative is equal to or greater than the upper limit amount (upper limit speed) stored in the order data storage means 40 (see FIG. 2). In the case of a buy limit order or a sell stop limit order, the current price data stored in the price data storage means 41 in the price data from a past time to a present before a present time are included in the current price data. Price day (The difference when the value obtained by subtracting the current price data from the price data becomes positive) is equal to or greater than the upper limit amount (upper limit speed) stored in the order data storage means 40 (see FIG. 2). A process for determining whether there is price data that satisfies the shift condition of being present is executed. At this time, the price data stored in the price data storage means 41 (see FIG. 3) and the upper limit amount (upper limit speed) stored in the order data storage means 40 (see FIG. 2) are the same brand identification information (order brand). The data associated with the brand identification information) is used.

  Then, the price fluctuation speed determination processing means 25 performs the above-described determination processing as to whether or not the price rising speed or falling speed is equal to or higher than the upper limit speed at a predetermined time interval (in this embodiment, an interval of 1 minute as an example). Or when the current price data has reached the speed judgment execution price by the speed judgment time monitoring processing means 24, and the timing of these judgment processes is as follows. In this embodiment, the customer can select (refer to “setting at the time of speed determination” in FIG. 11). Note that when the speed is periodically determined at predetermined time intervals as in the former case, in this embodiment, for example, price data that is not used for determination is generated because the determination is made at 1 minute intervals using price data for 1 minute. Although there is no time zone and there is no overlap in the time zone of the price data used for judgment (see FIG. 13), the present invention is not limited to this. For example, price data for 1 minute is used. There may be time periods when price data that is not used for judgment occurs, such as judgment at intervals of 3 minutes, or measures that do not count the same sudden rise or fall twice (for example, twice consecutively) If it is determined that the speed is higher than the upper limit speed, if a measure such as shifting only once) is taken, for example, the speed is determined at 40-second intervals using 1-minute price data. Judgment It may be in a state in which there is an overlap in the time zone of price data to be used.

  In addition, the shift condition is the limit price for selling or the limit order for buying, because the rising speed is more than the upper limit speed, so the shifting condition is not satisfied even if the falling speed is higher than the upper limit speed. No shift is done. Similarly, in the case of a buy limit order or a sell limit order, the shift condition is that the rate of decline (plus the direction of decline) is equal to or greater than the maximum rate, so the rate of increase is the maximum rate. Even if it is above, the shift condition is not satisfied and the shift is not performed.

  In the case of a sell order, the order price update processing means 26, when it is determined by the price fluctuation speed determination processing means 25 that the shift condition is satisfied, both the limit order and the limit order order data storage means 40 The updated limit price or stop price is calculated by adding the shift amount stored in the order data storage means 40 to the limit price or stop price stored in (see FIG. 2) (that is, it can be sold at a higher price). In the case of a buy order, both the limit order and the stop limit order are stored in the order data storage means 40 from the limit price or stop price stored in the order data storage means 40. Calculate the updated limit or stop price by subtracting the stored shift amount (that is, shift the limit or stop price downward so that you can buy at a cheaper price). And processing for storing the calculated updated limit price or stop price in association with the customer identification information (account number, etc.) and the order identification information (order number, etc.) in the order data storage means 40 (see FIG. 2). To do.

  The order price update processing means 26 also executes a process of updating the number of shifts by adding 1 to the number of shifts stored in the order data storage means 40 (see FIG. 2) when the limit price or the stop price is updated. To do.

  Further, when the order price update processing means 26 updates the limit price or stop price, the speed judgment stored in the order data storage means 40 (see FIG. 2) is used using the amount of shift used to update the limit price or stop price. By increasing or decreasing the execution price by the same amount in the same direction as the limit or stop price increase / decrease amount, the updated speed determination execution price is calculated, and the calculated speed determination execution price is calculated using the customer identification information (account Number etc.) and order identification information (order number etc.) in association with the order data storage means 40 (see FIG. 2) is stored.

  The order data creation processing means 27 uses the order data stored in the order data storage means 40 (see FIG. 2), and in the case of limit order, order identification information (order number etc.), customer identification information (account number). Etc.), order identification data (stock code, etc.), order quantity (number of shares), buy / sell classification, and limit price are created, and the created order data is stored in the order data storage means 45. is there. In the case of a limit order, after order data is received by the order reception processing means 21 and stored in the order data storage means 40, order data is created immediately.

  Further, the order data creation processing means 27 uses the order data stored in the order data storage means 40 (see FIG. 2), and in the case of a stop order, order identification information (order number etc.), customer identification information Order data including (account number, etc.), brand identification information (brand code, etc.), order quantity (number of shares), and trade classification is created, and the created order data is stored in the order data storage means 45. In the case of a stop order, the order acceptance processing means 21 receives the order data and stores it in the order data storage means 40. When it is determined that the ordering condition is satisfied according to 23, that is, when the stop limit is reached, ordering data is created and stored in the ordering data storage means 45. Further, even if the order received from the customer is a stop order, the order data transmitted to the market system 60 is market order data or limit order data. In the case of the latter limit price ordering data, for example, if the buy stop price is 100 yen, if it is 100 yen or more, the order price data for purchase is 110 yen or less, and the sell stop price is If it is 100 yen, if it is 100 yen or less, it will be used as order data for selling at 90 yen or more. In this case, the stop price of the order data or the difference between the updated stop price and the limit price of the order data (10 yen in the above example) is the amount determined by the system (for example, multiplying the stop price by a certain percentage). For example, or an amount designated by the customer.

  The order data creation processing means 28 for corrected orders uses the order data stored in the order data storage means 40 (see FIG. 2) when the updated limit price is calculated by the order price update processing means 26. Processing for creating order data of a corrected order including identification information (order number, etc.), customer identification information (account number, etc.), and updated limit price, and storing the created order data of the corrected order in the order data storage means 45 Is to execute. In the case of stop order, even if the updated stop price is calculated by the order price update processing unit 26 and stored in the order data storage unit 40, the corrected order by the order data creation processing unit 28 for correction order is used. The order data is not created by the order data creation processing means 27 for the first time when it is determined by the order condition success / failure judgment processing means 23 that the order conditions are satisfied, that is, when the stop limit is reached. Is done.

  The order processing means 29 is the order data created by the order data creation processing means 27 and stored in the order data storage means 45 (order data created from the order data including the original limit price, as well as the initial stop price or Order data created from the order data including the updated stop price) and the corrected order order data created by the correction order order data creation processing means 28 and stored in the order data storage means 45 (updated order data) The order data created from the order data including the limit price) is transmitted to the financial product market system 60 via the communication line 2.

  The order processing means 29 receives contract data transmitted from the financial product market system (trade market system) 60 via the communication line 2 and stores the received contract data in the contract data storage means 46. Execute.

  The contract monitoring processing means 30 monitors the contract data storage means 46, and the order data associated with the same order identification information as the order identification information (order number etc.) included in the contract data stored in the contract data storage means 46 is displayed. The process of changing the status of the order data stored in the storage means 40 (see FIG. 2) from “ordered” to “confirmed” is executed.

  As shown in FIG. 2, the order data storage means 40 includes order identification information (order number etc.), customer identification information (account number etc.), brand identification information (brand code etc.), order quantity (number of shares) The trade type that indicates the limit, the order type that indicates the limit / stop limit, the data indicating whether the speed judgment is periodic or the speed judgment execution price has been reached, and the speed when speed judgment execution price arrival is selected Judgment execution price, upper limit amount (upper limit speed indicated by the upper limit amount of price fluctuation per minute), shift limit number indicating the upper limit of the number of shifts, shift number indicating the actual number of shifts, one shift The shift amount by which the limit price or stop price moves, the status indicating the order processing status, and the like are stored in association with each other.

  As shown in FIG. 3, the price data storage unit 41 uses current and past price data in the market for financial products (in the present embodiment, each stock is taken as an example) as stock identification information (stock code, etc.). And the date and time (the date and time when the price is generated or the date and time of reception) are stored in association with each other.

  As shown in FIG. 4, the speed judgment execution price calculation amount storage means 42 stores the speed determination execution price calculation amount for each stock stock prepared in advance as data provided by the system. It is stored in association with (brand code etc.). The speed calculation execution price calculation amount is determined according to the market price of the financial product (each stock issue). For example, it is obtained by multiplying the moving average value of each stock issue up to the previous day by a certain percentage. It is also possible to set the amount of money, etc., or an amount artificially determined by a system operator (such as a securities company). In the present embodiment, the speed determination execution price calculation amount is different for each stock issue, but may be an amount common to all issues.

  As shown in FIG. 5, the upper limit speed storage means 43 has an upper limit amount for each stock brand prepared in advance as data provided by the system (indicated by the upper limit amount of price fluctuation per minute). The upper limit speed) is stored in association with the brand identification information (brand code, etc.). This upper limit amount (upper limit speed) is determined according to the market price of the financial product (each stock issue), and is obtained, for example, by multiplying the moving average value of each stock issue up to the previous day by a certain percentage. The amount may be an amount, or may be an amount artificially determined by a system operator (such as a securities company). In the present embodiment, the upper limit amount (upper limit speed) is different for each stock issue, but may be an amount common to all issues.

  As shown in FIG. 6, the shift amount storage means 44 stores the shift amount for each stock brand, which is predetermined and prepared as data provided by the system, in association with the brand identification information (brand code, etc.). Is. This shift amount is determined according to the market price of the financial product (each stock issue). For example, the amount obtained by multiplying the moving average value of each stock issue up to the previous day by a certain ratio, etc. Or it may be an amount artificially determined by a system operator (such as a securities company). In this embodiment, the shift amount is different for each stock issue, but may be an amount common to all issues.

  The order data storage means 45 is the order data created by the order data creation processing means 27 (order data created from the order data including the initial limit price, and order data including the initial stop price or the updated limit price. And the order data of the corrected order created by the corrected order order data creation processing means 28 (the order data created from the order data including the updated limit price).

  The contract data storage means 46 includes contract data (order identification information (order number, etc.), customer identification information (account number, etc.), brand identification information (brand code, etc.), contract unit price, contract received from the financial product market system 60. Including quantity, contract amount, etc.).

  In the above, each processing means 21 to 30 of the order price determination server 20 includes the central processing unit (CPU) provided in the computer main body constituting the order price determination server 20 and the operation procedure of this CPU. It is realized by one or a plurality of programs to be defined.

  Each of the storage means 40 to 46 of the order price determination server 20 is preferably realized by, for example, a hard disk or the like. However, as long as there is no problem in storage capacity, access speed, etc., ROM, EEPROM, flash memory RAM, MO, CD-ROM, CD-R, CD-RW, DVD-ROM, DVD-RAM, FD, magnetic tape, or a combination thereof may be employed.

  Further, the order price determination server 20 is not limited to one realized by one computer or one CPU, and may be realized by performing distributed processing with a plurality of computers or a plurality of CPUs. .

  The terminal device 50 is configured by a computer, and includes input means such as a mouse and a keyboard, a display device such as a liquid crystal display and a CRT display, and a printing device. The terminal device 50 may be a mobile device such as a mobile phone (including PHS) or a personal digital assistant (PDA).

  The market system 60 is configured by a computer, and is a stock exchange system, a private trading system (PTS: Proprietary Trading System), or the like.

  The price data providing system 70 is configured by a computer and is an information vendor system or another system operated and managed by a financial institution such as a securities company. In the present embodiment, the price data providing system 70 is a secondary information source that provides information obtained from the market system 60 that is a primary information source, but the price data providing system is a primary information source. It may be the source market system itself.

  In this embodiment, the order price determination system 10 accepts buy / sell orders for financial products (in this embodiment, stocks) and places orders on the market, as well as limit prices and stop prices as described below. Processing related to automatic update is performed.

  <When the limit price is regularly judged for the limit order and the limit price is updated when the limit speed is exceeded>

  FIG. 7 shows a flow of processing executed for order data whose order type stored in the order data storage means 40 (see FIG. 2) is “limit” and whose speed determination time is “periodic”. It is. For example, this is a flow of processing executed for the order identification information of order identification information = T0001, T0002, T0005, and T0006 in FIG.

  In FIG. 7, first, the customer or its input agent operates the terminal device 50, and transmits an order screen request signal from the terminal device 50 to the order price determination server 20 via the network 1. In the order price determination server 20, when the order reception processing means 21 receives the order screen request signal from the terminal device 50, display data for the order screen 100 (see FIG. 11) is sent to the terminal device 50 via the network 1. Send. Then, an order screen 100 as shown in FIG. 11 is displayed on the screen of the terminal device 50 (step S1).

  In FIG. 11, the order screen 100 includes an order brand input unit 101 for inputting a brand name or a brand code, an order quantity input unit 102 for inputting an order quantity (in the present embodiment, the number of stocks to be ordered), and a sell limit order. Selection unit 110 and sell limit input unit 111, buy limit order selection unit 112 and buy limit input unit 113, sell stop limit order selection unit 120 and sell stop limit input unit 121 And a buy stop limit order selection unit 122 and a buy stop limit input unit 123 are provided.

  The order screen 100 also includes a selection unit 130 that selects to periodically determine the speed in order to make a setting for speed determination, and a speed determination execution determined by the price for the speed determination execution price calculation input by the customer. The selection unit 131 that selects to determine the speed when the price is reached, the input unit 132 for calculating the speed determination execution price, and the speed is determined when the speed determination execution price automatically set by the system is reached. And a selection unit 133 for selecting this.

  Furthermore, in order screen 100, in order to set the upper limit speed, selection unit 140 that selects the use of the upper limit amount input by the customer as the threshold of the price fluctuation range in the latest one minute, and the upper limit amount An input unit 141 and a selection unit 142 that selects to use an upper limit speed automatically set by the system are provided.

  The order screen 100 includes a selection unit 150 for selecting to use the shift amount input by the customer and a shift amount input unit 151 for setting the limit amount or stop price shift amount, A selection unit 152 for selecting to use the automatically set shift amount is provided.

  The order screen 100 also includes a selection unit 160 for selecting to use the shift limit number input by the customer and a shift limit number input unit 161 for setting the limit limit number of limit price or stop price. A selection unit 162 that selects unlimited number of shifts is provided.

  Further, the order screen 100 is provided with a “send” button 170 for sending the input data to the order price determination server 20 via the network 1.

  In the order screen 100 of FIG. 11, when the customer or an input agent thereof inputs order data and setting data relating to automatic update of the order price (the limit price in FIG. 7) and presses the “Send” button 170, the order data ( For example, customer identification information (account number, etc.), brand identification information (brand code, etc.), order quantity (number of shares), trading category, order type (by limit / stop limit), order price (limit price in FIG. 7), etc. And setting data (including setting data for speed determination, setting data for upper limit speed, setting data for shift amount, and setting data for limit number of shifts) via network 1 20 is transmitted. In the order price determination server 20, when the order reception processing means 21 receives the order data and the setting data from the terminal device 50, the order identification information (order number or the like) is automatically given to the received order data, and the order data The setting data relating to the automatic update of the order price is stored in the order data storage means 40 (see FIG. 2) in association with the customer identification information (account number, etc.) and the order identification information (order number, etc.) (step S1).

  At this time, since FIG. 7 shows the process in the case of limit order, the customer or the input agent inputs the sell limit order selection unit 110 and the sell limit input unit 111, or A bid limit order selection unit 112 and a buy limit input unit 113 are performed. For example, if it is a limit order to buy when it is 100 yen or less, the selection unit 112 is selected and “100 yen” is input to the input unit 113 as shown in FIG. Then, the order acceptance processing means 21 receives these input data, stores “limit” in the order type column of the order data storage means 40 (see FIG. 2), and “100 yen” in the order price column. Is stored (step S1).

  Further, since FIG. 7 is a process in the case of periodically determining the speed, the customer or its input agent selects the selection unit 130 as setting data at the time of speed determination as shown in the example of FIG. To do. Then, the order reception processing means 21 receives this setting data, and stores “periodic” in the speed determination column of the order data storage means 40 (see FIG. 2) (step S1).

  Further, when the order acceptance processing means 21 receives the customer selection information for using the upper limit speed automatically set by the system as the upper limit speed setting data, the received brand identification information (brand code, etc.) Is used as a key to obtain the upper limit amount (upper limit speed) corresponding to the order brand from the upper limit speed storage means 43 (see FIG. 5). For example, in the case of the order identification information = T0002 order data in FIG. 2, the upper limit amount corresponding to the order A is 3 yen (upper limit speed = 3 yen) from the upper limit speed storage means 43 (see FIG. 5). / Min). Then, the acquired upper limit amount (upper limit speed) is stored in the order data storage means 40 (see FIG. 2) in association with customer identification information (account number etc.) and order identification information (order number etc.) (step S1).

  When the order acceptance processing means 21 receives the customer selection information for using the shift amount automatically set by the system as the shift amount setting data, the received brand identification information (brand code, etc.) Is used as a key to acquire the shift amount corresponding to the order brand from the shift amount storage means 44 (see FIG. 6). For example, in the case of order data of order identification information = T0002 in FIG. 2, the shift amount = 1 yen corresponding to the order A that is the order name is acquired from the shift amount storage means 44 (see FIG. 6). Then, the acquired shift amount is stored in the order data storage means 40 (see FIG. 2) in association with the customer identification information (account number etc.) and the order identification information (order number etc.) (step S1).

  Subsequently, using the order data stored in the order data storage means 40 (see FIG. 2) by the order data creation processing means 27, order identification information (order number etc.), customer identification information (account number etc.), brand name Order data including identification information (brand code, etc.), order quantity (number of shares), trading category, and limit price is created, and the created order data is stored in the order data storage means 45 (step S2 in FIG. 7).

  Then, the order data (order data created from the order data including the initial limit) created by the order data creation processing means 27 and stored in the order data storage means 45 is sent by the order processing means 29 to the communication line 2. And the status of the order data storage means 40 (see FIG. 2) is changed to “already ordered” (step S3 in FIG. 7). Since FIG. 7 shows processing in the case of limit order, as described above, order data is immediately created after receiving the order data by the order reception processing means 21 and storing it in the order data storage means 40. However, in the case of a stop order, as shown in FIG. 9 and FIG. 10 to be described later, the creation of the order data and the order to the market are not performed immediately, and the success or failure of the order conditions. To monitor.

  Thereafter, when an order already placed in the market is executed, the order processing means 29 receives the contract data transmitted from the market system 60 of the financial product via the communication line 2 and executes the received contract data. The data is stored in the data storage means 46 (step S4 in FIG. 7). Then, the contract monitoring processing means 30 monitors the contract data storage means 46, and is associated with the same order identification information as the order identification information (order number etc.) included in the contract data stored in the contract data storage means 46. The status of the order data stored in the order data storage means 40 (see FIG. 2) is changed from “ordered” to “contracted”. It is rare that an order placed on the market is executed before the determination process of whether or not it is the speed determination time in the next step S5, but it may depend on the limit setting by the customer.

  Subsequently, the order price determination server 20 determines whether or not it is a speed determination time that arrives at a predetermined time interval (in this embodiment, an interval of 1 minute as an example) by measuring the time of the system (FIG. 7). Step S5) When the speed judgment time is reached, the status stored in the order data storage means 40 (refer to FIG. 2) is referred to determine whether or not the contract has been completed (step S6 in FIG. 7). If not, the shift limit number and the shift number stored in the order data storage means 40 (see FIG. 2) are acquired, and it is determined whether or not the shift number has already reached the shift limit number (FIG. 7). Step S7).

  Here, when it is determined that the number of shifts has not yet reached the limit number of shifts, the price fluctuation speed determination processing unit 25 performs a predetermined time before the current time stored in the price data storage unit 41 (see FIG. 3). (In this embodiment, as an example, the price data from the past time to the present one minute ago is used, and in the case of a sell limit order, the time from the past time to the present a predetermined time before the present It is determined whether or not the rate of change in the price increase direction (increase rate) with respect to the time in the period satisfies the shift condition that it is equal to or greater than the upper limit rate. It is determined whether or not the shift condition that the rate of change in the price drop direction (down rate) with respect to the time from the past time point to the present time is equal to or higher than the upper limit rate is satisfied (step S8 in FIG. 7).

  More specifically, in this embodiment, in the case of a sell limit order, the price fluctuation speed determination processing unit 25 associates the price data storage unit 41 with the brand identification information about the order brand of the order data to be processed. In the price data from the past time point to the present time (in the present embodiment, as an example, one minute ago) before the current time stored in (see FIG. 3), the current price data minus The absolute value of the difference (the difference when the value obtained by subtracting the current price data from the price data becomes negative) is stored in the order data storage means 40 (see FIG. 2) as setting data for the order data to be processed. It is determined whether there is price data that satisfies the shift condition that is equal to or greater than the upper limit amount (upper limit speed). Among the price data from the past time point to the present before the present time stored in the price data storage means 41 in association with all the brand identification information, a positive difference from the current price data (the price concerned) The difference when the value obtained by subtracting the current price data from the data becomes positive) is the upper limit amount (upper limit speed) stored in the order data storage means 40 (see FIG. 2) as setting data for the order data to be processed It is determined whether or not there is price data that satisfies the shift condition as described above (step S8 in FIG. 7).

  Therefore, in this embodiment, instead of calculating the price fluctuation rate by dividing the difference between the price data at the start time and the price data at the end time by ΔT for the predetermined time ΔT = 1 minute, Therefore, it is determined whether there is price data whose difference (absolute value) from the current price data is greater than or equal to the upper limit amount. Therefore, the price data at the intermediate time is used to determine the speed, not the price data at the start time. May be. Although FIG. 12 and FIG. 13 are not cases in which the speed is periodically determined for limit orders as in FIG. 7, the upper limit is the difference from the current price data, such as P2 point in FIG. 12 and Q4 point in FIG. If there is price data at an intermediate time that is greater than or equal to the amount of money, these are used for speed determination.

  In step S8 of FIG. 7, when the price fluctuation speed determination processing unit 25 determines that the shift condition is satisfied, the order price update processing unit 26 determines that the order data storage unit 40 in the case of a sell order. The updated limit is calculated by adding the shift amount stored in the order data storage means 40 to the limit stored in (see FIG. 2) (that is, the limit is shifted upward so that it can be sold at a higher price). In the case of a buy order, the updated limit price is calculated by subtracting the shift amount stored in the order data storage means 40 from the limit price stored in the order data storage means 40 (that is, it is cheaper). The limit price is shifted downward so that it can be purchased at a price), and the calculated updated limit price is associated with customer identification information (account number, etc.) and order identification information (order number, etc.), order data憶 means 40 causes stored (see FIG. 2), 1 is added to the shift count stored in the order data storage unit 40 updates the number of shifts (step S9 in FIG. 7). For example, in the case of order data of order identification information = T0002 in FIG. 2, since it is a buy order, the updated limit price is calculated as 99 yen by subtracting 1 yen of the shift amount from the limit price of 100 yen. .

  Subsequently, after the updated limit price is calculated by the order price update processing means 26 and stored in the order data storage means 40 (see FIG. 2), the order data storage means 40 is corrected by the correction order order data creation processing means 28. Using the order data stored in, create order data for corrected orders including order identification information (order number, etc.), customer identification information (account number, etc.), and updated limit price. Data is stored in the order data storage means 45 (step S10 in FIG. 7).

  Then, the order processing unit 29 creates the corrected order order data created by the corrected order order data creation processing unit 28 and stored in the order data storage unit 45 (order data created from the order data including the updated limit price). ) Is transmitted to the financial product market system 60 via the communication line 2 (step S11 in FIG. 7).

  The order processing means 29 sends an order receipt number (market system 60) from the market system 60 when the order data created by the order data creation processing means 27 is sent to the market system 60 and placed an order in step S3. Order reception information including the order identification information (order number, etc.) and the order data storage means 40 (FIG. 2) in association with the order identification information (order number, etc.). The order data of the corrected order created by correcting the order data by the correction order order data creation processing means 28 may include the order reception number from the market system 60. Good.

  Thereafter, it is determined whether or not the transaction time of the financial product market has ended (step S12 in FIG. 7). If it is determined in step S5 that it is not the speed determination time, if it is determined in step S7 that the shift limit number has been reached, or if it is determined in step S8 that it is not equal to or higher than the upper limit speed, the limit value is shifted. Without doing so, it is determined whether or not the trading time of the financial product market has ended (step S12 in FIG. 7).

  Here, when the transaction time has ended, a series of order price determination processing ends. On the other hand, if the transaction time has not ended, the process returns to step S4, and after that, it is determined in step S6 that the transaction has been completed, or in step S12, it is determined that the transaction time of the financial product market has ended. Steps S4 to S12 are repeated until

  <When a limit order is reached when the speed judgment execution price is reached, the price fluctuation speed is judged and the limit price is updated when the limit speed is exceeded or greater>

  FIG. 8 shows the time when the order type stored in the order data storage means 40 (see FIG. 2) is “limit” and the speed judgment time reaches “speed judgment execution price = XXX yen”. It is the flow of the process performed about order data. For example, it is a flow of processing executed for order data of order identification information = T0003 and T0004 in FIG.

  In FIG. 8, first, as in the case of step S1 of FIG. 7 described above, order data (for example, customer identification information (account number, etc.), brand identification information ( Stock code, etc.), order quantity (number of shares), trading category, order type (separate limit / stop limit), order price (limit price in FIG. 8), etc.) and setting data (setting data for speed judgment, The input of the upper limit speed setting data, the shift amount setting data, and the shift limit number setting data is received (step S21).

  At this time, since FIG. 8 is a process for determining the speed when the speed determination execution price is reached, the customer or the input agent on the order screen 100 in FIG. The selection unit 131 that selects to determine the speed when the speed determination execution price determined by the speed determination execution price calculation amount input by the customer is reached and the input of the speed determination execution price calculation amount to the input unit 132 are input. Or input to the selection unit 133 that selects to determine the speed when the speed determination execution price automatically set by the system is reached.

  Then, the selection unit 131 (see FIG. 11) is selected by the customer or its input agent, and is input by the customer at the input unit 132 (see FIG. 11) as setting data at the time of speed determination by the order reception processing means 21. When the rate determination execution price calculation amount is received, if the received order type is a limit order (in the case of FIG. 8) and the received trading category is a sell order, the speed received from the received limit Received if the speed judgment execution price is calculated by subtracting the judgment execution price calculation amount, and the received order type is a limit order (in the case of FIG. 8) and the received trading category is a buy order The speed judgment execution price is calculated by adding the received price for the speed judgment execution price to the limit price. The calculated speed judgment execution price is used as customer identification information (account number, etc.) and order identification information. Order number, etc.) in association with is stored in the order data storage unit 40 (see FIG. 2) (step S21). For example, in the case of the order identification information = T0004 order data in FIG. 2, if the price for executing the speed judgment execution price input by the customer is 2 yen, the limit price is 100 yen, that is, the purchase price is 100 yen or less. Therefore, since the speed judgment execution price is the price before 100 yen when the price drops toward 100 yen, it is 100 yen + 2 yen = 102 yen, and “speed judgment execution price = 102 yen”. Is stored in the order data storage means 40 (see FIG. 2).

  Further, when the selection unit 133 (see FIG. 11) is selected by the customer or its input agent and the order reception processing means 21 reaches the speed determination execution price automatically set by the system as the setting data at the time of speed determination. When the customer selection information for judging the speed is received, the order brand is received from the speed judgment execution price calculation amount storage means 42 (see FIG. 4) using the received brand identification information (brand code, etc.) as a key. The amount for speed judgment execution price calculation corresponding to is acquired. For example, suppose that it is selected to determine the speed at the time when the price determination execution price automatically set by the system is reached for the buy limit order as in the case of the order identification information = T0004 order data in FIG. From the speed judgment execution price calculation amount storage means 42 (see FIG. 4), 2 yen of the speed judgment execution price calculation amount corresponding to the brand A which is the order brand is acquired. Then, the speed judgment execution price is calculated using the received limit price and the acquired speed judgment execution price calculation amount in the same manner as when the speed judgment execution price calculation amount input by the customer is received. Then, the calculated speed determination execution price is stored in the order data storage means 40 (see FIG. 2) in association with the customer identification information (account number or the like) and the order identification information (order number or the like) (step S21). For example, in the case of the order data of order identification information = T0004 in FIG. 2 described above, the speed judgment execution price is calculated using the received limit price of 100 yen and the acquired speed judgment execution price calculation amount of 2 yen. 100 yen + 2 yen = 102 yen, and “speed determination execution price = 102 yen” is stored in the order data storage means 40 (see FIG. 2).

  Subsequently, in the same manner as steps S2 to S4 in FIG. 7 described above, a process for creating order data for a new order (step S22 in FIG. 8), a process for ordering a new order (step S23 in FIG. 8), and a contract are made. In this case, the contract data reception and storage process (step S24 in FIG. 8) is executed.

  Since FIG. 7 described above is a case where the speed is periodically determined, a determination process is performed in step S5 of FIG. 7 to determine whether or not the speed determination time arrives at a predetermined time interval. Since the speed is determined when the speed determination execution price is reached, the processing corresponding to step S5 in FIG. 7 is not performed in FIG.

  Further, in the same manner as in steps S6 and S7 in FIG. 7, the processing for determining whether or not the contract has been completed (step S25 in FIG. 8) and the processing for determining whether or not the shift limit number has been reached (step S26 in FIG. 8). ).

  Then, as a process that was not performed in FIG. 7 described above, the speed determination time monitoring processing unit 24 associates the price data storage unit 41 (in association with the brand identification information (brand code etc.) about the order brand of the order data to be processed. The current price data (latest price data) stored in FIG. 3) reaches the speed determination execution price stored in the order data storage means 40 (see FIG. 2) as setting data for the order data to be processed. Judgment processing of whether or not has been performed is executed (step S27 in FIG. 8).

  More specifically, the order type stored in the order data storage means 40 (see FIG. 2) is the limit order (in the case of FIG. 8) by the speed judgment time monitoring processing means 24, and the trading category is a sell order. In some cases, the speed judgment execution price is a value obtained by subtracting the speed judgment execution price calculation amount from the limit price, so whether or not the current price data (latest price data) is equal to or higher than the speed judgment execution price. to decide. Further, when the order type is limit order (in the case of FIG. 8) and the buying and selling category is buy order, the speed determination execution price is a value obtained by adding the speed determination execution price calculation amount to the limit price. From this, it is determined whether or not the current price data (latest price data) is below the speed determination execution price. For example, in the case of order data of order identification information = T0004 in FIG. 2, since “speed determination execution price = 102 yen” is stored in the order data storage means 40 (see FIG. 2), it becomes 102 yen or less. It is determined whether or not (see FIG. 12).

  In the case of the order identification information = T0004 order data in FIG. 2, for example, the price drops to 105 yen, 104 yen, and 103 yen. Depending on the market situation, the speed judgment execution price is 102 yen. In some cases, the speed is determined to be 101 yen, so that the determination of the speed when the speed determination execution price is reached includes the case where the speed determination execution price is passed. However, once the limit price of 100 yen is reached, the limit price cannot be shifted because it will be executed in the market. Also, in the case of stop order, if the stop limit is reached, the ordering condition to the market is satisfied and the order is placed in the market, so the stop price cannot be shifted. Therefore, more generally, judging the speed when the speed judgment execution price is reached means that the speed of price increase is judged (in the case of a sell limit order and in the case of a buy limit order). ) Means that the price will be judged when the price is higher than the price judgment execution price and smaller than the limit price or the stop price, and when the price decline rate is judged (in the case of a buy limit order, and In the case of a sell stop limit order), the determination is made when the price is less than the speed determination execution price and is greater than the limit price or stop price. That is, the determination process of whether or not the speed determination execution price has been reached in step S27 of FIG. 8 is more accurately described. In the case of a sell limit order, it is equal to or higher than the speed determination execution price and higher than the limit price. This is a determination process for determining whether or not the price has become a small price. In the case of a buy limit order, it is a determination process for determining whether or not the price has become lower than the speed determination execution price and larger than the limit price. For example, in the case of the order identification information = T0004 order data in FIG. 2, since it is a buy limit order, whether or not the price is 102 yen or less of the speed judgment execution price and larger than the limit price of 100 yen. This process is a process for determining whether the price has reached 102 yen or 101 yen.

  Here, when it is determined by the speed determination time monitoring processing means 24 that the speed determination execution price has been reached, a determination process for determining whether or not the speed is equal to or greater than the upper limit speed as in the case of steps S8 to S11 in FIG. (Step S28 in FIG. 8), limit price shift processing and number of shifts update processing (Step S29 in FIG. 8), correction order order data creation processing (Step S30 in FIG. 8), and correction order order processing (FIG. 8). Step S31) is executed. For example, in step S28 of FIG. 8, if the price of the stock A is 104 yen for P1, 104 yen for P2, and 102 yen for P3, as shown in FIGS. ~ P3 point of the predetermined time ΔT = 1 minute of the price data of 106 yen P2 point is the maximum, the speed determined at P3 point is 106 yen-102 yen = 4 yen / minute, FIG. The order identification information is determined to be 3 yen / min or more of the upper limit speed of the order data of T0004, and the shift condition is satisfied at point P3.

  However, in step S29 of FIG. 8, in addition to the limit price shift and shift count update processing by the order price update processing means 26, the order price update processing means 26 also performs speed judgment execution price update processing. More specifically, the price determination execution price stored in the order data storage means 40 (see FIG. 2) is calculated by the order price update processing means 26 using the shift amount used for the limit price update. By increasing or decreasing the same amount in the same direction as the increase / decrease amount, the updated speed judgment execution price is calculated, and the calculated speed determination execution price is used as customer identification information (account number, etc.) and order identification information (order number, etc.) And stored in the order data storage means 40 (see FIG. 2). For example, in the case of order data of order identification information = T0004 in FIG. 2, since it is a buy order, the updated limit price is calculated as 99 yen by subtracting 1 yen of the shift amount from the limit price of 100 yen. At the same time, the updated speed judgment execution price is calculated as 101 yen by subtracting 1 yen of the shift amount from the speed judgment execution price of 102 yen (see FIG. 12).

  Thereafter, as in the case of step S12 in FIG. 7 described above, it is determined whether or not the transaction time of the financial product market has ended (step S32 in FIG. 8). If it is determined in step S26 that the shift limit number has been reached, if it is determined in step S27 that the speed determination execution price has not been reached, or if it is determined in step S28 that it is not equal to or higher than the upper limit speed, Without shifting, it is determined whether or not the transaction time of the financial product market has ended (step S32 in FIG. 8).

  Here, when the transaction time has ended, a series of order price determination processing ends. On the other hand, if the transaction time has not ended, the process returns to step S24, and thereafter, it is determined in step S25 that the transaction has been completed, or in step S32, it is determined that the transaction time of the financial product market has ended. Steps S24 to S32 are repeated until

  <If you want to update the stop price when the limit price order is judged regularly and the upper limit speed is exceeded>

  FIG. 9 shows a process executed for order data in which the order type stored in the order data storage means 40 (see FIG. 2) is “reverse limit” and the speed determination time is “periodic”. It is a flow. For example, this is the flow of processing executed for the order identification information of order identification information = T0007 and T0008 in FIG.

  In FIG. 9, first, as in the case of step S1 in FIG. 7 described above, order data (for example, customer identification information (account number, etc.), brand identification information (for example, customer identification information) by the customer or its input agent) Stock code, etc.), order quantity (number of shares), trading category, order type (separate limit / stop limit), order price (stop limit in FIG. 9), etc.) and setting data (setting data for speed judgment) , Upper limit speed setting data, shift amount setting data, and shift limit number setting data are included) (step S41).

  At this time, since FIG. 9 shows the processing in the case of stop order, the customer or the input agent on the order screen 100 of FIG. 11 inputs the sell stop limit order selection unit 120 and the sell stop limit input. An input to the unit 121 is performed, or an input to the selection unit 122 for the buy stop limit order and an input unit 123 for the buy stop limit is performed. For example, in the case of order data of order identification information = T0007 in FIG. 2, since it is a stop limit order to sell when it becomes 500 yen or less, the selection unit 120 is selected and “500 yen” is input to the input unit 121 To do. Then, the order reception processing means 21 receives these input data, and stores “reverse price” in the order type column of the order data storage means 40 (see FIG. 2) and “500 yen” in the order price column. Is stored (step S41).

  Further, since FIG. 9 is a process for periodically determining the speed, the customer or its input agent selects the selection unit 130 as setting data at the time of speed determination on the order screen 100 in FIG. . Then, the order reception processing means 21 receives this setting data, and stores “periodic” in the speed determination column of the order data storage means 40 (see FIG. 2) (step S41).

  Subsequently, the order condition success / failure determination processing means 23 stores the current data stored in the price data storage means 41 (see FIG. 3) in association with the brand identification information (brand code etc.) of the order brand of the order data to be processed. The price data (latest price data for the order brand) satisfies the ordering condition for the financial product market that the stop price stored in the order data storage means 40 (see FIG. 2) as processing target order data is reached. Whether or not (step S42).

  When the ordering condition success / failure determination processing unit 23 determines that the ordering conditions are not satisfied (when the stop price has not been reached), the order price determination server 20 performs a predetermined time interval (this implementation) according to the time of the system. In the embodiment, it is determined whether or not the speed judgment time arrives at an interval of 1 minute as an example (step S43 in FIG. 9), and the order data to be processed is set when the speed judgment time is reached. The number of shift limits and the number of shifts stored as data in the order data storage means 40 (see FIG. 2) are acquired, and it is determined whether or not the number of shifts has already reached the number of shift limits (step S44 in FIG. 9).

  Here, when it is determined that the number of shifts has not yet reached the limit number of shifts, the price fluctuation speed determination processing unit 25 performs a predetermined time before the current time stored in the price data storage unit 41 (see FIG. 3). (In this embodiment, as an example, the price data from the past point of time to one minute ago to the present is used, and in the case of sell limit order, from the past point to the present point a predetermined time before the present. It is determined whether the rate of change in the price decline direction (decrease rate) with respect to the time during the period satisfies the shift condition that it is equal to or higher than the upper limit rate. It is determined whether or not the shift condition that the price fluctuation rate (rise rate) with respect to the time from the past time point to the present time is equal to or higher than the upper limit rate is satisfied (step S45 in FIG. 9). ).

  More specifically, in this embodiment, in the case of a sell limit order, the price fluctuation speed determination processing means 25 associates with the brand identification information (brand code, etc.) about the order brand of the order data to be processed. The price data storage unit 41 (see FIG. 3) stores the current price data in the price data from the past time point to the present time (in this embodiment, as an example, one minute ago) before the present time. A positive difference from the price data (latest price data for the order brand) (a difference when the value obtained by subtracting the current price data from the price data is positive) is the order data storage means 40 (see FIG. 2). It is determined whether or not there is price data that satisfies the shift condition that is equal to or greater than the upper limit amount (upper limit speed) stored in the table, and in the case of a buy limit order, the order symbol of the order data to be processed is determined. Current price data (order brands) in the price data from a past point in time to the present stored in the price data storage means 41 in association with all brand identification information (brand codes, etc.). The absolute value of the negative difference (the difference when the value obtained by subtracting the current price data from the price data becomes negative) is stored in the order data storage means 40 (see FIG. 2). It is determined whether or not there is price data that satisfies the shift condition of being equal to or greater than the upper limit amount (upper limit speed) (step S45 in FIG. 9).

  In step S45 of FIG. 9, if the price fluctuation speed determination processing unit 25 determines that the shift condition is satisfied, the order price update processing unit 26 determines that the order data storage unit 40 in the case of a sell order. The updated stop price is calculated by adding the shift amount stored in the order data storage means 40 to the stop price stored in (see FIG. 2) (that is, the stop price is calculated so that it can be sold at a higher price). In the case of a purchase order, the updated stop price is calculated by subtracting the shift amount stored in the order data storage means 40 from the stop price stored in the order data storage means 40. (In other words, the stop price is shifted downward so that it can be purchased at a lower price), and the calculated updated stop price is related to customer identification information (account number, etc.) and order identification information (order number, etc.) Only by order data storing unit 40 together is stored (see FIG. 2), 1 is added to the shift count stored in the order data storage unit 40 updates the number of shifts (step S46 in FIG. 9). For example, in the case of order data of order identification information = T0007 in FIG. 2, since it is a selling order, the updated stop price is set to 503 yen by adding 3 yen of the shift amount to 500 yen of the stop price. Calculate (see FIG. 13).

  Thereafter, similarly to the case of step S12 in FIG. 7 described above, it is determined whether or not the transaction time of the financial product market has ended (step S47 in FIG. 9). If it is determined in step S43 that it is not the speed determination time, if it is determined in step S44 that the shift limit number has been reached, or if it is determined in step S45 that the speed is not equal to or greater than the upper limit speed, the stop price is shifted. It is determined whether or not the transaction time of the financial product market has ended without performing (step S47 in FIG. 9).

  Here, when the transaction time has ended, a series of order price determination processing ends. On the other hand, if the transaction time has not ended, the process returns to the process of step S42, and thereafter, it is determined in step S42 that the ordering conditions are satisfied (the limit price has been reached) or the financial product is determined in step S47. Steps S42 to S47 are repeated until it is determined that the market transaction time has ended. Therefore, the shift of the stop price in step S46 may be repeated. For example, as shown in FIG. 13, for point Q2, point Q1 is equal to or higher than the upper limit speed, so the 1st shift shifts the stop price of 500 yen to 503 yen, and for point Q3, Since there is no price that exceeds the upper speed limit including Q2, the shift is not performed. For Q5 point, Q3 is not higher than the upper speed limit, but Q4 point is higher than the upper speed limit, so the second shift The stop price of 503 yen is shifted to 506 yen.

  9, when the order condition success / failure determination processing unit 23 determines that the order condition is satisfied (when the stop limit is reached), the order data creation processing unit 27 stores the order data storage unit 40 ( Using order data stored in Figure 2), order identification information (order number, etc.), customer identification information (account number, etc.), brand identification information (brand code, etc.), order quantity (number of shares), and trade classification And the created order data is stored in the order data storage means 45 (step S48 in FIG. 9). This ordering data may be market ordering data or limit ordering data. When the limit ordering data is 500 yen, for example, if the selling limit price is 500 yen, it will be 500 yen or less. The order data for sale is 490 yen or more.

  Then, the order processing means 29 creates the order data generated by the order data creation processing means 27 and stored in the order data storage means 45 (order data created from the order data including the initial stop price or the updated stop price. ) To the financial product market system 60 via the communication line 2, and the status of the order data storage means 40 (see FIG. 2) is changed from “price monitoring” to “ordered” (FIG. 9). Step S49).

  Thereafter, when an order already placed in the market is executed, the order processing means 29 receives the contract data transmitted from the market system 60 of the financial product via the communication line 2 and executes the received contract data. The data is stored in the data storage means 46 (step S50 in FIG. 9). Then, the contract monitoring processing means 30 monitors the contract data storage means 46, and is associated with the same order identification information as the order identification information (order number etc.) included in the contract data stored in the contract data storage means 46. The status of the order data stored in the order data storage means 40 (see FIG. 2) is changed from “ordered” to “contracted”.

  <When the stop price order is reached, the price change speed is judged when the price reaches the execution price, and the stop price is updated when the price is above the upper limit speed>

  FIG. 10 shows the order data stored in the order data storage means 40 (see FIG. 2) for which the order type is “reverse limit price” and the speed determination time is “speed determination execution price = XXX yen”. It is a flow of processing to be executed. For example, this is a flow of processing executed for order data of order identification information = T0009 and T0010 in FIG.

  10, first, as in the case of step S1 in FIG. 7 described above, order data (for example, customer identification information (account number, etc.), brand identification information (for example, customer identification information) by a customer or an input agent thereof) Stock code, etc.), order quantity (number of shares), trading category, order type (separate limit / stop limit), order price (stop limit in FIG. 10), etc.) and setting data (setting data for speed judgment) , Upper limit speed setting data, shift amount setting data, and shift limit number setting data are included) (step S61).

  At this time, since FIG. 10 shows the processing in the case of stop order, the customer or the input agent on the order screen 100 in FIG. 11 inputs the sell stop limit order selection unit 120 and the sell stop limit input. An input to the unit 121 is performed, or an input to the selection unit 122 for the buy stop limit order and an input unit 123 for the buy stop limit is performed. For example, in the case of order data of order identification information = T0009 in FIG. 2, since it is a stop limit order to sell when it becomes 100 yen or less, the selection unit 120 is selected and “100 yen” is input to the input unit 121 To do. Then, the order reception processing means 21 receives these input data, and stores “reverse price” in the order type column of the order data storage means 40 (see FIG. 2) and “100 yen” in the order price column. Is stored (step S61).

  Further, FIG. 10 is a process in the case where the speed is determined when the speed determination execution price is reached. Therefore, in the order screen 100 of FIG. The selection unit 131 that selects to judge the speed when reaching the speed judgment execution price determined by the speed judgment execution price calculation amount inputted by the customer and the input of the speed judgment execution price calculation amount to the input unit 132 are performed. Alternatively, an input is made to the selection unit 133 that selects to determine the speed when the speed determination execution price automatically set by the system is reached.

  Then, the selection unit 131 (see FIG. 11) is selected by the customer or its input agent, and is input by the customer at the input unit 132 (see FIG. 11) as setting data at the time of speed determination by the order reception processing means 21. When the amount for calculating the speed judgment execution price is received, if the received order type is a stop order (in the case of FIG. 10) and the received trading category is a sell order, the received stop price is received. The speed judgment execution price is calculated by adding the speed judgment execution price calculation amount. If the received order type is a stop order (in the case of FIG. 10), and the received trading category is a buy order The speed judgment execution price is calculated by subtracting the received speed judgment execution price calculation amount from the received stop limit, and the calculated speed judgment execution price is calculated using customer identification information (account number, etc.) and Statement identification information to be stored in order in association with (order number, etc.) data storage means 40 (see FIG. 2) (step S61). For example, in the case of order identification information = T0009 order data in FIG. 2, if the price for executing the speed determination execution price input by the customer is 2 yen, the stop price is 100 yen, that is, the selling price is 100 yen or less. Therefore, since the speed judgment execution price is the price before 100 yen when the price drops toward 100 yen, it becomes 100 yen + 2 yen = 102 yen, and “speed judgment execution price = 102 yen”. Is stored in the order data storage means 40 (see FIG. 2).

  Further, when the selection unit 133 (see FIG. 11) is selected by the customer or its input agent and the order reception processing means 21 reaches the speed determination execution price automatically set by the system as the setting data at the time of speed determination. When the customer selection information for judging the speed is received, the order brand is received from the speed judgment execution price calculation amount storage means 42 (see FIG. 4) using the received brand identification information (brand code, etc.) as a key. The amount for speed judgment execution price calculation corresponding to is acquired. For example, suppose that it is selected to determine the speed when the price determination execution price automatically set by the system is reached for the selling limit order as in the case of the order identification information = T0009 in FIG. For example, the speed determination execution price calculation amount storage means 42 (see FIG. 4) acquires 2 yen of the speed determination execution price calculation amount corresponding to the brand D that is the order brand. Then, in the same way as when receiving the speed determination execution price calculation amount input by the customer, the speed determination execution price is calculated using the received stop price and the acquired speed determination execution price calculation amount. The calculated speed judgment execution price is stored in the order data storage means 40 (see FIG. 2) in association with customer identification information (account number, etc.) and order identification information (order number, etc.) (step S61). For example, in the case of the order data with the order identification information = T0009 in FIG. 2 described above, the speed judgment execution price is obtained using the received stop limit of 100 yen and the obtained speed judgment execution price calculation amount of 2 yen. Is calculated as 100 yen + 2 yen = 102 yen, and “speed determination execution price = 102 yen” is stored in the order data storage means 40 (see FIG. 2).

  Subsequently, in the same manner as in step S42 of FIG. 9 described above, the order condition success / failure determination processing means 23 executes a determination process as to whether or not the order condition is satisfied (step S62 of FIG. 10).

  Since FIG. 9 described above is a case where the speed is periodically determined, a determination process is performed in step S43 of FIG. 9 to determine whether the speed determination time arrives at a predetermined time interval. Since the speed is determined when the speed determination execution price is reached, the process corresponding to step S43 in FIG. 9 is not performed in FIG.

  When the order condition success / failure determination processing unit 23 determines in step S62 in FIG. 10 that the order condition is not satisfied (when the stop limit is not reached), the same as in step S44 in FIG. 9 described above. Thus, the number of shifts and the number of shifts stored in the order data storage means 40 (see FIG. 2) as setting data for the order data to be processed are acquired, and whether or not the number of shifts has already reached the number of shifts. Is determined (step S63 in FIG. 10).

  Here, if it is determined that the number of shifts has not yet reached the limit number of shifts, as a process not performed in FIG. 9 described above, monitoring at the time of speed determination is performed in the same manner as in step S27 of FIG. The current price data (latest price data) stored in the price data storage means 41 (see FIG. 3) in association with the brand identification information (brand code etc.) of the order brand of the order data to be processed by the processing means 24. ) Is executed to determine whether or not the speed determination execution price stored in the order data storage means 40 (see FIG. 2) as the setting data for the processing target order data has been reached (step S64 in FIG. 10). .

  When it is determined in step S64 of FIG. 10 that the speed determination execution price has been reached by the speed determination time monitoring processing means 24, as in the case of steps S45 and S46 of FIG. Determination processing (step S65 in FIG. 10), and the process of shifting the stop price and updating the number of shifts (step S66 in FIG. 10).

  However, in step S66 of FIG. 10, in addition to the stop price shift and shift count update processing by the order price update processing means 26, the order price update processing means 26 also performs speed judgment execution price update processing. This is the same as in step S29 in FIG.

  Thereafter, as in the case of step S47 in FIG. 9 described above, it is determined whether or not the transaction time of the financial product transaction market has ended (step S67 in FIG. 10). If it is determined in step S63 that the shift limit number has been reached, if it is determined in step S64 that the speed determination execution price has not been reached, or if it is determined in step S65 that it is not equal to or greater than the upper limit speed, the stop price is determined. It is determined whether or not the trading time of the financial product market has ended without performing the shift (step S67 in FIG. 10).

  Here, when the transaction time has ended, a series of order price determination processing ends. On the other hand, if the transaction time has not ended, the process returns to the process of step S62, and thereafter, it is determined in step S62 that the ordering condition is satisfied (the stop price has been reached) or in step S67 Steps S62 to S67 are repeated until it is determined that the market transaction time has ended.

  Further, when it is determined in step S62 of FIG. 10 that the ordering condition success / failure determination processing unit 23 satisfies the ordering condition (when the stop limit is reached), the same as in the case of steps S48 to S50 of FIG. 9 described above. The order data creation processing by the order data creation processing means 27 (step S68 in FIG. 10), the order processing to the market by the order processing means 29 (step S69 in FIG. 10), and the order placed in the market are executed. In this case, the order data receiving unit 29 receives and stores the contract data (step S70 in FIG. 10).

  According to this embodiment, there are the following effects. That is, since the order price determination system 10 includes the price fluctuation speed determination processing means 25 and the order price update processing means 26, whether or not the market price fluctuation speed (increasing speed or falling speed) is equal to or higher than the upper limit speed. Can be judged repeatedly at predetermined time intervals, or when the set price before the limit price or stop price is reached, and the market price rises or falls sharply toward the limit price or stop price as the order price The limit price and stop price can be automatically corrected when approaching rapidly.

  For this reason, the customer does not have to manually enter the limit price or stop price after entering the terminal after seeing a sharp rise or fall on the screen of his / her terminal, etc. Can be reduced.

  In addition, it is possible to reduce the burden of monitoring the customer's market price, and to prevent the inconvenience of delaying the timing of issuing a correction order from the time of rapid rise or fall.

  In addition, when the market price fluctuation rate (rising speed or falling speed) exceeds the upper limit speed, in the case of a sell order, the limit price or stop price is shifted upward, and the financial product to be ordered is placed at a higher price. On the other hand, in the case of a buy order, the limit price and stop price are shifted downward, and the financial product to be ordered can be bought at a lower price, so that the contract price that is more advantageous than the original is obtained. Can do.

  And if the market price soars or falls sharply, there may be customer psychological upsets, such as horror at the time of soaring and fear of the sudden fall. In such cases, the customer may be upset and unable to place a correction order. However, if the limit price and stop price can be automatically corrected according to the present invention, inconvenience due to such shaking can be eliminated, and the limit price and stop price can be automatically corrected. It is possible to provide provisions for sudden rises and falls in the market price, and to suppress customer psychological upset itself.

  Further, in the order price determination system 10, the determination process of whether or not the upper limit speed is exceeded by the price fluctuation speed determination processing means 25 is repeated (periodically) at predetermined time intervals, or before the limit price or stop price. Can be selected at the time when the set price (speed determination execution price) is reached, it is possible to realize a trading transaction in accordance with the investment policy of the customer. For example, if you choose to make repeated judgments at predetermined time intervals like the former, speed will be judged in any price range, so not only the price close to the limit price or stop price, but also to some extent, A sudden rise or fall at a price away from the limit price or stop price can also be reflected in the update of the limit price or stop price. On the other hand, if you choose to judge when the set price (speed judgment execution price) before the limit price or stop price is reached as in the latter case, mainly at the stage where the price is close to the limit price or stop price. Can be reflected in the update of limit price and stop price.

  Further, the price fluctuation speed determination processing means 25 performs the speed determination process in consideration of the price data at the intermediate time at the predetermined time ΔT, such as the point P2 in FIG. 12 and the point Q4 in FIG. However, it is possible to reflect the sharp rise or fall of the market price that occurred within a short time in the update of the limit price and stop price.

  The order price update processing means 26 is configured to repeat the limit price and stop price update processing every time it is determined by the price fluctuation speed determination processing means 25 that the shift condition is satisfied, unless the shift limit number is reached. Therefore, it is possible to realize a process of updating the limit price and stop price so as to be more advantageous to the customer.

  Note that the present invention is not limited to the above-described embodiment, and modifications and the like within a scope where the object of the present invention can be achieved are included in the present invention.

  For example, in the above-described embodiment, when the price fluctuation speed is judged when the speed judgment execution price is reached (in the case of FIGS. 8 and 10), the speed judgment is performed when the limit price or the stop price is shifted. The execution price is also shifted by the same amount in the same direction. However, if the limit price or stop price is shifted only once, the shift process of the speed determination execution price may not be performed.

  As described above, the financial instrument order price determination system, the order price determination processing method, and the program according to the present invention are suitable for use when, for example, placing a limit order or a stop order for stocks.

DESCRIPTION OF SYMBOLS 10 Order price determination system 23 Order condition success / failure judgment processing means 24 Speed judgment time monitoring processing means 25 Price fluctuation speed judgment processing means 26 Order price update processing means 27 Order data creation processing means 28 Correction order order data creation processing means 29 Order processing Means 40 Order data storage means 41 Price data storage means 50 Market system

Claims (13)

An order price determination system for a financial product constituted by a computer that executes a process for determining an order price of a financial product,
Order data storage means for storing customer order data including brand identification information about the brand of the financial product to be ordered and limit price as the order price in association with the order identification information;
Price data storage means for storing current and past price data in the market of financial products in association with stock identification information;
Using the order data stored in the order data storage means, order data creation processing means for executing processing for creating order data including the order identification information, the brand identification information, and the limit price;
In the case of a sell order, the price data from a past time point to a present time before the present time stored in the price data storage means to a present time from a past time point to a present time before the present time. It is repeatedly determined whether or not the speed of the price fluctuation in the period of time between the above satisfies the shift condition that the predetermined upper limit speed or the upper limit speed specified by the customer is exceeded or exceeds these upper limit speeds, In the case of a purchase order, the price data stored in the price data storage means is used for the time from the past point in time a predetermined time before the present to the present time, using the price data at the past point in time from the present. Satisfy the shift condition that the rate of fluctuation in the price drop direction is greater than or equal to the preset upper limit speed or the upper limit speed specified by the customer or exceeds these upper limit speeds. And price fluctuation speed determination processing unit for executing processing for repeatedly determining whether carded not,
When it is determined by the price fluctuation speed determination processing means that the shift condition is satisfied, in the case of a sell order, the limit value stored in the order data storage means is set to a predetermined shift amount or by a customer. The updated limit price is calculated by adding the input shift amount, and in the case of a buy order, a predetermined shift amount or input designation is made by the customer from the limit stored in the order data storage means Order price update processing means for performing a process of calculating the updated limit price by subtracting the shifted shift amount and storing the calculated updated limit price in association with the order identification information in the order data storage means When,
When the updated limit price is calculated by the order price update processing means, the corrected order including the order identification information and the updated limit price using the order data stored in the order data storage means Correction order order data creation processing means for executing the process of creating the order data,
Processing for transmitting the order data created by the order data creation processing means and the order data of the corrected order created by the correction order order data creation processing means to a financial product market system via a communication line; An order price determination system for a financial product, comprising: an order processing means for executing. An order price determination system for a financial product constituted by a computer that executes a process for determining an order price of a financial product,
Order data storage means for storing customer order data including brand identification information about the brand of the financial product to be ordered and limit price as the order price in association with the order identification information;
Price data storage means for storing current and past price data in the market of financial products in association with stock identification information;
Using the order data stored in the order data storage means, order data creation processing means for executing processing for creating order data including the order identification information, the brand identification information, and the limit price;
In the case of a sell order, the current price data stored in the price data storage means is input designated by the amount for price judgment execution price calculation determined in advance from the limit price stored in the order data storage means or by the customer It is repeatedly determined whether or not the speed judgment execution price obtained by subtracting the calculated speed judgment execution price calculation amount is reached, and in the case of a buy order, the current price stored in the price data storage means Speed judgment execution obtained by adding data to the limit value stored in the order data storage means with a predetermined speed judgment execution price calculation amount or a speed judgment execution price calculation amount specified by the customer A speed judgment time monitoring processing means for executing processing for repeatedly judging whether or not the price has been reached;
When it is determined by the speed determination time monitoring processing means that the speed determination execution price has been reached, in the case of a sell order, the current data is stored from a past time point a predetermined time before the current time stored in the price data storage means. Using the price data up to, the speed of fluctuation in the price increase direction with respect to the time from the past point in time a predetermined time before the present to the present, the predetermined upper limit speed or the upper limit specified by the customer It is determined whether or not the shift condition of exceeding the speed or exceeding the upper limit speed is satisfied, and in the case of a buy order, the price data of the past time point a predetermined time before the current time stored in the price data storage means Use the speed of the price drop in the direction of the price drop for the time from the past point in time to the present before And price fluctuation speed determination processing unit for executing processing for determining whether the shift condition that exceeds the upper limit speed or more or these upper limit speed is,
When it is determined by the price fluctuation speed determination processing means that the shift condition is satisfied, in the case of a sell order, the limit value stored in the order data storage means is set to a predetermined shift amount or by a customer. The updated limit price is calculated by adding the input shift amount, and in the case of a buy order, a predetermined shift amount or input designation is made by the customer from the limit stored in the order data storage means Order price update processing means for performing a process of calculating the updated limit price by subtracting the shifted shift amount and storing the calculated updated limit price in association with the order identification information in the order data storage means When,
When the updated limit price is calculated by the order price update processing means, the corrected order including the order identification information and the updated limit price using the order data stored in the order data storage means Correction order order data creation processing means for executing the process of creating the order data,
Processing for transmitting the order data created by the order data creation processing means and the order data of the corrected order created by the correction order order data creation processing means to a financial product market system via a communication line; An order price determination system for a financial product, comprising: an order processing means for executing. The price fluctuation speed determination processing means includes:
In the case of a sell order, the absolute value of the negative difference with the current price data is previously stored in the price data from the past time to the present stored in the price data storage means for a predetermined time. It is determined whether or not there is price data satisfying a shift condition that exceeds a predetermined upper limit amount or an upper limit amount specified by the customer or exceeds these upper limit amounts, and in the case of a buy order, the price data storage means In the price data from the past point in time to the present stored in the current time, the positive difference with the current price data is greater than the predetermined upper limit amount or the upper limit amount specified by the customer Alternatively, it is configured to execute processing for determining whether or not there is price data that satisfies a shift condition of exceeding these upper limit amounts. An order price determination system for financial products according to 1 or 2. The order price update processing means includes:
2. The limit price stored in the order data storage unit is repeated every time the price fluctuation rate determination processing unit determines that the shift condition is satisfied. The order price determination system for financial products according to any one of? An order price determination system for a financial product constituted by a computer that executes a process for determining an order price of a financial product,
Order data storage means for storing, in association with the order identification information, the customer identification data including the brand identification information about the brand of the financial product to be ordered and the stop price as the order price;
Price data storage means for storing current and past price data in the market of financial products in association with stock identification information;
In the case of a sell order, the price data from a past time point to a present time before the present time stored in the price data storage means to a present time from a past time point to a present time before the present time. It is repeatedly determined whether the speed of fluctuation in the price drop direction with respect to the time between the above satisfies the shift condition that the predetermined upper limit speed or the upper limit speed specified by the customer is exceeded or exceeds these upper limit speeds, In the case of a buy order, the price data from the past time point to the present time before the present time stored in the price data storage means is used, and the current time point from the past time point to the present time before the present time is used. The rate of fluctuation in the price increase direction with respect to the time in between is more than a predetermined upper limit speed or an upper limit speed specified by the customer, or exceeds these upper limit speeds And price fluctuation speed determination processing means executes a process to determine repeatedly whether shift condition is satisfied,
When it is determined by the price fluctuation speed determination processing means that the shift condition is satisfied, in the case of a sell order, a predetermined shift amount or a customer is added to the stop price stored in the order data storage means. The updated stop price is calculated by adding the shift amount specified by the input, and in the case of a buy order, a predetermined shift amount or a customer is determined from the stop price stored in the order data storage means. The updated stop price is calculated by subtracting the shift amount designated by the input, and the calculated update stop price is stored in the order data storage means in association with the order identification information. Order price update processing means;
A process of repeatedly determining whether or not the current price data stored in the price data storage means satisfies the ordering condition for the financial product market to reach the stop price stored in the order data storage means Order condition success / failure determination processing means to be executed;
When it is determined by the order condition success / failure determination processing means that the order condition is satisfied, processing for creating order data including the order identification information is performed using the order data stored in the order data storage means. Order data creation processing means to be executed;
Order price determination for financial products, comprising: order processing means for executing processing for transmitting the order data created by the order data creation processing means to a market system for financial products via a communication line system. An order price determination system for a financial product constituted by a computer that executes a process for determining an order price of a financial product,
Order data storage means for storing, in association with the order identification information, the customer identification data including the brand identification information about the brand of the financial product to be ordered and the stop price as the order price;
Price data storage means for storing current and past price data in the market of financial products in association with stock identification information;
In the case of a sell order, the current price data stored in the price data storage means is input by the customer for the speed judgment execution price calculation predetermined for the stop price stored in the order data storage means or by the customer It is repeatedly determined whether or not the speed determination execution price obtained by adding the specified speed determination execution price calculation amount has been reached, and in the case of a buy order, the current data stored in the price data storage means The speed obtained by subtracting the predetermined price judgment execution price calculation amount or the speed judgment execution price calculation amount specified by the customer from the stop price stored in the order data storage means. A speed determination time monitoring processing means for executing processing for repeatedly determining whether or not the determination execution price has been reached;
When it is determined by the speed determination time monitoring processing means that the speed determination execution price has been reached, in the case of a sell order, the current data is stored from a past time point a predetermined time before the current time stored in the price data storage means. Using the price data up to, the rate of price fluctuation in the direction from the past point in time to the present time before the present time is the predetermined upper limit speed or the upper limit specified by the customer It is determined whether or not the shift condition of exceeding the speed or exceeding the upper limit speed is satisfied, and in the case of a buy order, from the past time point to the present time a predetermined time before the current time stored in the price data storage means Using the price data, the rate of price fluctuation in the direction from the past point in time up to the present before the present time And price fluctuation speed determination processing unit for executing processing for determining whether the shift condition that exceeds the input limit specified speed or more or these upper limit speed by,
When it is determined by the price fluctuation speed determination processing means that the shift condition is satisfied, in the case of a sell order, a predetermined shift amount or a customer is added to the stop price stored in the order data storage means. The updated stop price is calculated by adding the shift amount specified by the input, and in the case of a buy order, a predetermined shift amount or a customer is determined from the stop price stored in the order data storage means. The updated stop price is calculated by subtracting the shift amount designated by the input, and the calculated update stop price is stored in the order data storage means in association with the order identification information. Order price update processing means;
A process of repeatedly determining whether or not the current price data stored in the price data storage means satisfies the ordering condition for the financial product market to reach the stop price stored in the order data storage means Order condition success / failure determination processing means to be executed;
When it is determined by the order condition success / failure determination processing means that the order condition is satisfied, processing for creating order data including the order identification information is performed using the order data stored in the order data storage means. Order data creation processing means to be executed;
Order price determination for financial products, comprising: order processing means for executing processing for transmitting the order data created by the order data creation processing means to a market system for financial products via a communication line system. The price fluctuation speed determination processing means includes:
In the case of a sell order, a positive difference with the current price data is determined in advance in the price data from the past time point to the present time before the present time stored in the price data storage means. It is determined whether there is price data satisfying the shift condition that the upper limit amount or the upper limit amount input and specified by the customer or the upper limit amount is exceeded, and in the case of a buy order, it is stored in the price data storage means. The absolute value of the negative difference from the current price data in the price data from the past time to the present a predetermined time before the present is greater than the predetermined upper limit amount or the upper limit amount specified by the customer Alternatively, it is configured to execute processing for determining whether or not there is price data that satisfies a shift condition of exceeding these upper limit amounts. 5. An order price determination system for financial products according to 5 or 6. The order price update processing means includes:
The said stop price update process stored in the order data storage means is repeated every time it is determined that the shift condition is satisfied by the price fluctuation speed determination processing means. An order price determination system for a financial product according to any one of 5 to 7. An order price determination processing method executed by a financial product order price determination system configured by a computer that executes processing for determining an order price of a financial product,
The customer identification data including the brand identification information about the brand of the financial product to be ordered and the limit price as the order price is stored in the order data storage means in association with the order identification information,
The current and past price data in the financial product market is stored in the price data storage means in association with the brand identification information,
Order data creation processing means executes processing for creating order data including the order identification information, the brand identification information, and the limit price, using the order data stored in the order data storage means,
The order processing means executes processing for transmitting the order data created by the order data creation processing means to a market system for financial products via a communication line,
In the case where the price fluctuation speed determination processing means is a selling order, the price data from the past time point to the present time before the present time stored in the price data storage means is used for a predetermined time before the present time. The condition of the price change in the direction of price increase with respect to the time between the past point in time and the present time exceeds the predetermined upper limit speed or the upper limit speed specified by the customer or exceeds the upper limit speed. In the case of a buy order, a past time point a predetermined time before the current time using the price data of the past time a predetermined time before the current time stored in the price data storage means The rate of change in the price decline direction over the period of time from the current to the present is greater than or equal to the predetermined upper limit speed or the upper limit speed specified by the customer, or these upper limit speeds Run the shift condition is satisfied whether the repeated determination processing that exceeds,
In the case of a sell order when the order price update processing means determines that the shift condition is satisfied by the price fluctuation speed determination processing means, the limit price stored in the order data storage means is set in advance. The updated limit price is calculated by adding the specified shift price or the shift price specified by the customer. In the case of a buy order, a predetermined price is determined from the limit price stored in the order data storage means. A process of calculating the updated limit price by subtracting the shift price or the shift price specified by the customer and storing the calculated updated limit price in association with the order identification information in the order data storage means Run,
When the order price creation processing means for correction order calculates the updated limit price by the order price update processing means, the order identification information, using the order data stored in the order data storage means, And a process for creating order data of a corrected order including the updated limit price,
The financial product, wherein the order processing means executes a process of transmitting the order data of the corrected order created by the order data creation processing means for the correction order to the market system via the communication line. Order price determination processing method. An order price determination processing method executed by a financial product order price determination system configured by a computer that executes processing for determining an order price of a financial product,
The customer identification data including the brand identification information about the brand of the financial product to be ordered and the limit price as the order price is stored in the order data storage means in association with the order identification information,
The current and past price data in the financial product market is stored in the price data storage means in association with the brand identification information,
Order data creation processing means executes processing for creating order data including the order identification information, the brand identification information, and the limit price, using the order data stored in the order data storage means,
The order processing means executes processing for transmitting the order data created by the order data creation processing means to a market system for financial products via a communication line,
When the speed judgment time monitoring processing means is a sell order, the current price data stored in the price data storage means is a speed judgment execution price predetermined from the limit value stored in the order data storage means. It is repeatedly determined whether or not the speed judgment execution price obtained by subtracting the calculation amount or the speed judgment execution price calculation input designated by the customer has been reached. The current price data stored in the means is added to the limit price stored in the order data storage means and a predetermined speed judgment execution price calculation amount or a speed determination execution price calculation amount specified by the customer. The process of repeatedly judging whether or not the speed judgment execution price obtained in this way has been reached,
In the case of a sell order when the price fluctuation speed determination processing means determines that the speed determination execution price has been reached by the speed determination time monitoring processing means, the price fluctuation speed determination processing means is more predetermined than the current value stored in the price data storage means. Using price data from a past point in time before the present to the present, the speed of fluctuation in the price increase direction for the time between the past point in time and the present a predetermined time before the present is a predetermined upper limit speed Alternatively, it is determined whether or not a shift condition that exceeds or exceeds the upper limit speeds specified by the customer is input, and in the case of a buy order, a predetermined time before the current time stored in the price data storage means Using the price data at a past time, the rate of price fluctuation in the direction from the past time to the present a predetermined time before the present is set to a predetermined upper limit. Degrees or input specified maximum speed or by the customer or executes a process to determine whether the shift condition that exceed these upper limit speed,
In the case of a sell order when the order price update processing means determines that the shift condition is satisfied by the price fluctuation speed determination processing means, the limit price stored in the order data storage means is set in advance. The updated limit price is calculated by adding the specified shift price or the shift price specified by the customer. In the case of a buy order, a predetermined price is determined from the limit price stored in the order data storage means. A process of calculating the updated limit price by subtracting the shift price or the shift price specified by the customer and storing the calculated updated limit price in association with the order identification information in the order data storage means Run,
When the order price creation processing means for correction order calculates the updated limit price by the order price update processing means, the order identification information, using the order data stored in the order data storage means, And a process for creating order data of a corrected order including the updated limit price,
An order processing unit executes a process of transmitting the order data of the corrected order created by the order data creation processing unit for the corrected order to the market system via the communication line. Order price determination processing method. An order price determination processing method executed by a financial product order price determination system configured by a computer that executes processing for determining an order price of a financial product,
The customer order data including the brand identification information about the brand of the financial product to be ordered and the stop price as the order price is stored in the order data storage means in association with the order identification information,
The current and past price data in the financial product market is stored in the price data storage means in association with the brand identification information,
In the case where the price fluctuation speed determination processing means is a selling order, the price data from the past time point to the present time before the present time stored in the price data storage means is used for a predetermined time before the present time. The condition of the price fluctuation in the direction of price decline with respect to the time between the past point in time and the present time satisfies the shift condition that it is greater than or equal to the predetermined upper limit speed or the upper limit speed specified by the customer or exceeds these upper limit speeds. In the case of a buy order, the price data stored in the price data storage means is used for a predetermined time before the current time, using the price data from the past time to the current time. The rate of price increase in the direction from the past point in time to the present time is greater than or equal to the predetermined upper limit speed or the upper limit speed specified by the customer. Run the shift condition is satisfied whether the repeated determination processing that exceeds the upper limit speed of the al,
When the order price update processing means determines that the shift condition is satisfied by the price fluctuation speed determination processing means, in the case of a sell order, the stop price stored in the order data storage means is set in advance. The updated stop price is calculated by adding the determined shift amount or the shift amount specified by the customer, and in the case of a buy order, from the stop price stored in the order data storage means in advance The updated shift limit value is calculated by subtracting the determined shift amount or the shift amount specified by the customer, and the calculated update stop price is associated with the order identification information and the order data storage means Execute the process to memorize
Whether the order condition success / failure judgment processing means satisfies the order condition to the market of the financial product that the current price data stored in the price data storage means reaches the stop price stored in the order data storage means Execute the process of repeatedly determining whether or not
The order data creation processing means includes the order identification information using the order data stored in the order data storage means when it is determined by the order condition success / failure determination processing means that the order conditions are satisfied. Execute the process to create order data,
An order price determination processing method for a financial product, wherein the order processing means executes processing for transmitting the order data created by the order data creation processing means to a market system for financial products via a communication line. . An order price determination processing method executed by a financial product order price determination system configured by a computer that executes processing for determining an order price of a financial product,
The customer order data including the brand identification information about the brand of the financial product to be ordered and the stop price as the order price is stored in the order data storage means in association with the order identification information,
The current and past price data in the financial product market is stored in the price data storage means in association with the brand identification information,
When the speed determination time monitoring processing means is a sell order, the current price data stored in the price data storage means is executed as a speed determination predetermined for the stop price stored in the order data storage means. It is repeatedly determined whether or not the speed determination execution price obtained by adding the price calculation price or the speed determination execution price calculation input specified by the customer has been reached. The current price data stored in the storage means is a speed judgment execution price calculation amount predetermined from the stop price stored in the order data storage means or a speed determination execution price calculation amount specified by the customer Execute the process of repeatedly determining whether or not the speed determination execution price obtained by subtracting
In the case of a sell order when the price fluctuation speed determination processing means determines that the speed determination execution price has been reached by the speed determination time monitoring processing means, the price fluctuation speed determination processing means is more predetermined than the current value stored in the price data storage means. Using the price data from the past time point to the present before the time, the speed of the fluctuation in the price drop direction for the time between the past time point and the present time before the present time is a predetermined upper limit speed Alternatively, it is determined whether or not a shift condition that exceeds or exceeds the upper limit speeds specified by the customer is input, and in the case of a buy order, a predetermined time from the present time stored in the price data storage means Using the price data from the previous past time to the present time, the speed of the price increase direction change with respect to the time between the past time point and the present time before the present time And executes a process to determine whether the shift condition that exceeds the upper limit speed or the input limit specified speed or more or these upper limit speed by the customer is because,
When the order price update processing means determines that the shift condition is satisfied by the price fluctuation speed determination processing means, in the case of a sell order, the stop price stored in the order data storage means is set in advance. The updated stop price is calculated by adding the determined shift amount or the shift amount specified by the customer, and in the case of a buy order, from the stop price stored in the order data storage means in advance The updated shift limit value is calculated by subtracting the determined shift amount or the shift amount specified by the customer, and the calculated update stop price is associated with the order identification information and the order data storage means Execute the process to memorize
Whether the order condition success / failure judgment processing means satisfies the order condition to the market of the financial product that the current price data stored in the price data storage means reaches the stop price stored in the order data storage means Execute the process of repeatedly determining whether or not
The order data creation processing means includes the order identification information using the order data stored in the order data storage means when it is determined by the order condition success / failure determination processing means that the order conditions are satisfied. Execute the process to create order data,
An order price determination processing method for a financial product, wherein the order processing means executes processing for transmitting the order data created by the order data creation processing means to a market system for financial products via a communication line. .   A program for causing a computer to function as the order price determination system for a financial product according to claim 1.

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