JP5411773B2 - Trading processing system and program - Google Patents

Description

  The present invention relates to a trading processing system configured by a computer that executes trading processing of a plurality of brands of financial products, a method thereof, and a program, and can be used, for example, when dealing with trading of stocks of a plurality of brands. .

  Conventionally, paying attention to the price difference between two stocks with similar price fluctuations, and after building both buy and sell at the same time as a pair, these two stocks are simultaneously traded against backfilling (hand closing) at the same time There is a pair trade as a transaction to perform, and in this pair trade, a credit transaction or a futures transaction is performed.

  In addition, pair trading is actively performed as stock trading, but in foreign exchange margin trading (FX: Foreign Exchange), by combining multiple currency pairs, the risk of exchange fluctuations is reduced and stable. It is done for the purpose of getting a good return.

  As a system for pair trade, the applicant of the present application has proposed a system that can reduce the burden on the customer and can quickly process a pair trade order (see Patent Document 1). .

JP 2004-206470 A

  However, since the conventional pair trade of stocks described above involves margin trading and futures trading, it is a trading technique that is desired to be avoided for customers who only want to buy and sell cash stocks.

  This is true not only in the case of a pair trade of stocks but also in the case of a pair trade in foreign exchange margin trading (FX: Foreign Exchange).

  An object of the present invention is to provide a trading processing system, a method thereof, and a program capable of trading a plurality of brands of financial products by spot trading.

  The present invention is a trading processing system configured by a computer that executes trading processing of a plurality of brands of a financial product, and an index value indicating the price or other value of each brand of the financial product is represented as a financial product. Selected by the customer, an index value database that is stored in association with the brand identification information for each of the brands, a brand database that stores the brand identification information about the brand of the financial product held by the customer in association with the customer identification information, and In addition to storing the brand identification information for a plurality of replacement target brands in association with the customer identification information, at least one pair of the pair brands composed of two replacement target brands among the plurality of replacement target brands Of the first issue and the second issue with respect to the monitored value calculated using the index values of the first issue and the second issue constituting The upper threshold value and the lower threshold value for bargain determination are associated with the pair brand identification information for each pair brand or the respective brand identification information for the first brand and the second brand constituting the pair brand, and the customer identification information. Using the index value of the first brand and the second brand, each index value of the first brand and the second brand constituting the pair brand stored in the index value database is stored. The difference value obtained by subtracting the index value, the difference value obtained by subtracting the index value of the second issue from the adjusted index value of the first issue obtained by multiplying the index value of the first issue by the adjustment factor, A difference value obtained by subtracting the adjusted index value of the second brand by multiplying the index value of the second brand by the adjustment coefficient from the index value, and the first obtained by multiplying the index value of the first brand by the first adjusting coefficient The second index finger from the adjusted index value of the index Monitoring consisting of either the difference value obtained by subtracting the second index adjusted index value multiplied by the second adjustment factor, or the ratio value obtained by dividing the first brand by the second brand Monitoring target value calculation processing means for executing processing for calculating the target value for each paired stock, and the monitoring target value of the pair stock calculated by the monitoring target value calculation processing means is stored in the replacement target brand / replacement line database. The upper replacement line that determines whether the first brand is overvalued with respect to the second brand by determining whether the upper threshold of the paired brand has been exceeded or exceeded. By determining whether the monitoring target value of the arrival stock monitoring process and the pair stock has become less than or less than the lower threshold value of the pair stock stored in the replacement subject stock / replacement line database, the first stock is Second stock The replacement line arrival monitoring processing means for repeatedly executing the lower replacement line arrival monitoring process for determining whether or not it is cheaper, and the upper replacement line arrival monitoring process by the replacement line arrival monitoring processing means are monitored. When it is determined that the value is equal to or higher than the upper threshold value or exceeds the upper threshold value, and the brand identification information about the first brand constituting the pair brand is associated with the customer identification information of the target customer When stored in the possessed brand database, processing for creating each order data of the first brand selling order and the second brand buying order constituting the pair brand is executed, and by the replacement line arrival monitoring processing means This is a case where it is determined in the lower replacement line arrival monitoring process that the monitoring target value is less than or less than the lower threshold, and the second that constitutes the pair stock When the brand identification information about the pattern is associated with the customer identification information of the target customer and stored in the possessed brand database, the process of creating each order data of the second brand selling order and the first brand buying order It is characterized by comprising a brand replacement execution processing means for executing.

  Here, in addition to securities such as stocks, bonds, and investment trusts, the “financial products” include, for example, currencies that are traded in foreign exchange margin trading (FX: Foreign Exchange) (however, in the present invention, Margin trading is not performed.), Or other industrial products handled on the industrial exchange such as gold, platinum, silver, palladium, aluminum, crude oil, kerosene, gasoline, rubber, etc., and coffee, soybeans, corn, etc. Also includes cereal products handled at the cereal commodity exchange. Therefore, the “index value” of each stock of the financial product includes, for example, “exchange rate” in addition to the “price” such as the stock price and the reference value of the investment trust.

  In such a trading processing system of the present invention, the monitoring target value calculation processing means multiplies each index value or adjustment coefficient of the paired brands composed of two replacement target brands out of a plurality of replacement target brands. The monitoring target value consisting of the difference value or ratio value of the adjusted index value is calculated, and the monitoring target value of the pair symbol is stored in the replacement target symbol / replacement line database by the replacement line arrival monitoring processing means. By determining whether the upper or lower threshold value has been reached, it is determined whether the paired product is overvalued or undervalued, and the monitored value of the paired product reaches the upper or lower threshold value by means of the stock replacement execution processing means. If the customer holds a stock that is judged to be expensive among the pair stocks, the selling order and the discount of the stock that is judged to be expensive To create each order data of the buy order of the determined brand.

  For this reason, instead of building both buy and sell at the same time as pair trades, we multiplied each index value or adjustment factor of the pair stocks that consisted of two replacement subject stocks out of multiple replacement subject stocks. Pay attention to the difference value or ratio value of the adjusted index value, and when the difference value or ratio value satisfies the setting condition by the customer, create the order data of sell order and buy order and hold it by the customer Since the brands are exchanged, it is possible to conduct spot transactions, and it is possible to provide a suitable trading method for customers who want to avoid using margin transactions and futures transactions.

In addition, when the replacement target brands are three or more (N brands), each of a plurality of (usually _{two N} C) pair brands composed of two of the N brands, The monitoring target value calculation processing by the monitoring target value calculation processing means, and the monitoring processing for reaching the upper or lower threshold of the monitoring target value by the replacement line arrival monitoring processing means are performed, so that the optimum state for purchase It is possible to automatically extract the stocks that have become, that is, the stocks at the optimal purchase time, and switch to the extracted stocks, and realize the optimal replacement of the stocks held by the customer without the hassle of the customer Is possible.

  In addition, if there are 3 or more issues to be replaced, there will be more than one replacement candidate for the transfer issue, and all of the issues that are candidates for transfer will be transferred to all issues. Since the transfer timing is monitored, it is possible to transfer in a short period of time compared to the case where there are 2 issues to be replaced, that is, there is only 1 issue to be replaced as a candidate for transfer. Is achieved.

  Further, in the above trading processing system, using each index value of the most recent period of the predetermined length of the pair brand stored in the index value database, the monitored value of the pair brand is the most recent period, The paired symbol stored in the replacement target issue / replacement line database is either above the upper threshold of the paired issue stored in the replacement target issue / replacement line database, or continues to exceed the upper threshold, or stored in the replacement target issue / replacement line database It is determined whether or not the state of being below or below the lower threshold value of the product is continued, and if so, the upper threshold value and lower value of the pair product stored in the replacement subject product / replacement line database. Including a replacement line change processing means for executing a process of changing the threshold value of the paired symbol so that the current value of the monitored value of the pair symbol is at the center of the width. Configuration and it is desirable to.

  When the replacement line change processing means is provided and the upper threshold value and the lower threshold value are automatically changed, the upper threshold value and the lower threshold value are corrected to appropriate values at each time point. Therefore, it is possible to extract the replacement target brand at the transfer destination at a more appropriate timing.

  Furthermore, in the above-described trading processing system, a replacement target brand / replacement line setting processing means for executing a process of receiving selection input of a plurality of replacement target brands by a customer, and setting input of an upper threshold value and a lower threshold value, This replacement target issue / replacement line setting processing means accepts an input designation by a customer for one replacement target issue among a plurality of replacement target issues, and has a property similar to the one input target issue specified by the input. By performing regression analysis using the index value of each brand stored in the index value database as a brand, either a brand having a high correlation with one input-designated brand is determined, or the index value database Using the index value of each stock stored in, calculate the correlation coefficient with one replacement-designated stock and calculate a large correlation coefficient By selecting the pattern, the remaining replacement target products are automatically selected from among the multiple replacement target products, and one replacement target product entered and specified by the customer and the remaining automatically selected replacement target products are selected. It is desirable to execute a remaining brand automatic selection process in which the brand identification information on the item is stored in the replacement target brand / replacement line database in association with the customer identification information.

  In this way, a replacement target issue / replacement line setting processing means is provided, and input designation by a customer for one replacement target issue is accepted, and the remaining replacement issue issues are automatically selected by regression analysis or correlation coefficient calculation. In this case, it is possible to reduce the time and effort required for customer input and judgment, as well as for customers with similar properties, i.e., those with similar index value fluctuations, or similar categories. A plurality of replacement target brands can be easily selected without having knowledge about the brands to which they belong or having investment experience.

  Then, as described above, replacement target brand / replacement line setting processing means is provided, and input designation by the customer for one replacement target brand is received, and the remaining replacement target brands are calculated by regression analysis or correlation coefficient calculation. In the case of a configuration for automatic selection, the replacement target issue / replacement line setting processing means accepts the input specification by the customer for the remaining issue automatic selection processing and all the issues of the multiple replacement target issues, and the input specified multiple items A configuration that executes either one of the process of accepting the issue identification information for the issue subject to replacement in accordance with the customer's selection, and the process of accepting all issues specified in association with the customer identification information and storing them in the issue issue replacement / replacement line database. It is desirable that

  In this way, if the replacement target issue / replacement line setting processing means is configured to execute the remaining issue automatic selection process or all issue designation reception processing according to the customer's selection, the customer's selection The degree of freedom of selection increases, and a system that is more convenient for customers is realized.

  The trading system described above further includes a replacement target brand change processing unit that executes a process of changing the replacement target brand for a plurality of replacement target brands, and the replacement target brand change processing unit is stored in the index value database. By performing regression analysis using the index value of each stock, or calculating the correlation coefficient, the correlation between multiple stocks to be replaced and the relationship between multiple stocks to be replaced and other stocks If the stock identification information for the stock subject to replacement with a weak correlation is not stored in the holding stock database in association with the customer identification information of the target customer, the replacement with this weak correlation The target stock is deleted and the replacement stock is changed to another stock with high correlation, and the stock identification information for multiple replacement stocks in the changed state is added to the customer identity. Desirably it is configured to execute the target brand automatic change processing replacement is stored in the target brand-replacement line database replacement in association with the information.

  In this way, when the replacement target issue change processing means is provided and the replacement target issue automatic change processing is executed, the correlation between the selected replacement issue issues changes with the passage of time, Even if the correlation weakens, it is possible to keep multiple replacement issues as highly correlated issues through automatic change of replacement issues, and more appropriate transfer of issues will be realized. Since the replacement target stocks are automatically changed, it is possible to reduce the trouble of customer input and judgment, and even the customers with little investment knowledge and experience can change the replacement stocks. .

  Furthermore, the trading processing system described above further comprises a replacement target brand change processing means for executing at least one process of adding, changing, or deleting a replacement target brand for a plurality of replacement target brands. The stock change processing means accepts the input of addition, change, or deletion of the replacement target stock by the customer, and when the additional input is received, the stock identification information for a plurality of replacement target stocks in the added state. Is stored in the replacement target issue / replacement line database in association with the customer identification information, and when an input for change or deletion is received, the issue identification information for the change target issue related to the change or deletion is the customer identification of the target customer. Judge whether it is associated with the information and stored in the stock database, and if not, change it Or, the stock identification information for multiple replacement issues in the state after being deleted is stored in the replacement issue issue / replacement line database in association with the customer identification information. It is desirable that the replacement target brand change acceptance process is executed in which no change or deletion is performed.

  In this way, when the replacement target issue change processing means is provided and the replacement target issue change acceptance process is configured to be executed, the correlation between the selected multiple replacement target issues changes over time, The customer can freely add, change, or delete the replacement target when the correlation is weakened or the number of replacement target is increased or decreased. In addition to improved performance, more appropriate transfer of brands will be realized.

  It is more preferable that the replacement target brand change processing unit is configured to be able to execute both the replacement target brand change acceptance process described above and the replacement target brand automatic change process described above.

  And in the above-mentioned trading processing system, the brand replacement execution processing means uses each index value of the pair brand stored in the index value database, and the monitored value of the pair brand is equal to or higher than a predetermined increase rate, Or if it suddenly rises above the rising speed and exceeds the upper threshold value, or exceeds the upper threshold value, or falls sharply at a speed that exceeds the predetermined falling speed or exceeds the falling speed It is desirable to determine whether or not this is the case when the value falls below or below the threshold value, and in such a case, the order data creation process is not performed.

  In this way, when the stock replacement execution processing means is configured not to perform order data creation processing when the monitored value rapidly rises or falls and reaches the upper or lower threshold, for example, the company is about to go bankrupt. Thus, it is possible to avoid an inconvenient situation such as placing a purchase order when the stock price (index value) plummets.

  The trading system described above includes an order database for storing the order data created by the brand replacement execution processing means in association with the customer identification information, and the brand replacement execution processing means associates with the customer identification information of the target customer. If the order data is created in the order of buy, sell, and buy on the same day for the same replacement target stock by referring to the order data stored in the order database, the third buy If the order data is created in the order of sell, buy, and sell, the order data creation process for the third sale is not performed. It is desirable.

In this way, when counter trading is repeated on the same replacement subject on the same day, if the third order data creation process is not performed, the difference settlement prohibited in stock transactions, etc. It can be avoided. In other words, stocks that have been purchased and sold once on the same day should not be purchased anymore on the same day.
It is possible to implement a process in accordance with the rule prohibiting the difference settlement that a brand sold and purchased once on the same day should not be sold on that day.

  Furthermore, in the above-described trading processing system, a replacement target brand / replacement line setting processing means for executing a process of receiving selection input of a plurality of replacement target brands by a customer, and setting input of an upper threshold value and a lower threshold value, This replacement target brand / replacement line setting processing means subtracts the index value of the second brand from the adjusted index value of the first brand, which is obtained by multiplying the index value of the first brand by the adjustment coefficient as the monitoring target value of the pair brand. The index value of the first brand in a certain period using the index values of the first brand and the second brand constituting the pair brand stored in the index value database as the adjustment coefficient when using the difference value obtained in this way A process of calculating and determining a value obtained by multiplying an average value of past values of the product by an adjustment coefficient and an average value of past values of index values of the second stock over a certain period, As the value, the adjustment coefficient in the case of using the difference value obtained by subtracting the adjusted index value of the second brand, which is obtained by multiplying the index value of the second brand by the index value of the second brand, is used as the index value database. Using the index values of the first issue and the second issue that make up the pair issue stored in the table, the average value of the index values of the first issue over a certain period and the index value of the second issue over a certain period The process of calculating and determining so that the average value of the past values multiplied by the adjustment coefficient is equal, or the index value of the first issue is multiplied by the first adjustment factor as the monitored value of the pair issue First and second in the case of using a difference value obtained by subtracting the adjusted index value of the second brand, which is obtained by multiplying the adjusted value of the second brand by the second adjustment coefficient, from the adjusted index value of the first brand. The adjustment coefficient for is stored in the index value database. A value obtained by multiplying the average value of the index values of the first issue over a certain period by the first adjustment coefficient using the index values of the first issue and the second issue constituting the issue Execute the process of calculating and determining so that the average value of the past index values of the second stock in the product of the second stock is multiplied by the second adjustment factor. Paired brand identification information or each brand identification information about the first brand and the second brand constituting the paired brand, and processing to be stored in the replacement target brand / replacement line database in association with the customer identification information It is desirable.

  In this way, when it is configured to automatically calculate and determine the adjustment coefficient that multiplies the index value, even if the level of each index value of the paired stocks is significantly different, monitoring is performed after aligning the levels. Since the difference value as the target value can be calculated, it is possible to set a more appropriate difference value for each index value of the pair symbol and perform more appropriate monitoring. That is, it is possible to avoid inconvenience that the index value having a higher level is greatly affected by the fluctuation. In addition, since the adjustment coefficient is automatically calculated and determined, it is possible to reduce the labor and time required for customer input.

  In addition, as described above, replacement target brand / replacement line setting processing means is provided, and input designation by a customer for one replacement target brand is accepted, and for the remaining replacement target brands, regression analysis or correlation coefficient calculation is performed. In the case of the automatic selection configuration, the replacement target issue / replacement line setting processing means performs a regression analysis using the index value of one replacement target issue specified by the customer as an objective variable, thereby performing a plurality of replacement targets. When the remaining replacement target stocks are automatically selected from the stocks, the regression coefficients that constitute the regression equation obtained by the regression analysis using the index values of the selected remaining replacement target stocks as explanatory variables, When calculating the monitored value of the paired stock, it is determined as an adjustment factor that multiplies the index value of the remaining replacement subject stock, and the determined adjustment factor is used to identify the paired stock for the paired stock. Stock identification information about the broadcast or the remaining replacement target stock, and, desirably is configured to execute a process of storing the target brand-replacement line database replacement in association with customer identification information.

  In this way, when the replacement target brand / replacement line setting processing means performs the remaining stock automatic selection processing by regression analysis, and the regression coefficient obtained by this regression analysis is determined as the adjustment coefficient, Even when the level of each index value of the paired stock is significantly different, the difference value as the monitored value can be calculated after aligning the level, so it is more appropriate for each index value of the paired stock It is possible to set a proper difference value and perform more appropriate monitoring. That is, it is possible to avoid inconvenience that the index value having a higher level is greatly affected by the fluctuation. In addition, since the adjustment coefficient is automatically determined using the regression coefficient obtained by the regression analysis, it is possible to reduce the trouble of input and judgment by the customer.

  Moreover, the following trading processing method of this invention is mentioned as a trading processing method implement | achieved by the trading processing system of this invention described above.

  That is, the present invention is a trading processing method executed by a trading processing system configured by a computer that executes trading processing of a plurality of brands of a financial product, and the price or other value of each brand of the financial product is large. The index value indicating the index is stored in the index value database in association with the brand identification information for each brand of the financial product, and the brand identification information for the brand of the financial product held by the customer is associated with the customer identification information. In the database, the brand identification information for a plurality of replacement target brands selected by the customer is stored in the replacement target brand / replacement line database in association with the customer identification information, and two of the plurality of replacement target brands are stored. The first issue and the second issue that make up the pair issue for at least one pair of the issue issues The upper and lower thresholds for the first and second brands for the monitoring target value calculated using each of the index values are set as the upper and lower thresholds for paired brand identification information or paired brands. Each brand identification information about the first brand and the second brand constituting and the customer identification information are stored in the replacement target brand / replacement line database, and the monitoring target value calculation processing means is stored in the index value database. Using the index values of the first and second brands that make up the pair brand, the difference value obtained by subtracting the index value of the second brand from the index value of the first brand, for adjustment to the index value of the first brand The difference value obtained by subtracting the index value of the second brand from the adjusted index value of the first brand multiplied by the coefficient, the second brand obtained by multiplying the index value of the second brand from the index value of the first brand by the adjustment coefficient Minus the adjusted index value Difference value obtained by multiplying the index value of the first issue by the first adjustment factor and the second issue of the index value of the second issue multiplied by the second adjustment factor. A process of calculating a monitoring target value for each of the paired stocks, which is either a difference value obtained by subtracting the adjusted index value or a ratio value obtained by dividing the first stock by the second stock. The replacement line arrival monitoring processing means, the monitoring target value of the pair stock calculated by the monitoring target value calculation processing means is equal to or higher than the upper threshold value of the pair stock stored in the replacement target stock / replacement line database, or By determining whether or not the upper threshold value has been exceeded, the upper replacement line arrival monitoring process for determining whether or not the first issue has become more expensive than the second issue, and the monitored value of the pair issue , Stocks to be replaced and replacement line database The lower replacement line that determines whether the first issue is cheaper than the second issue by determining whether it is less than or less than the lower threshold of the pair issue stored in The arrival monitoring process is repeatedly executed, and the brand replacement execution processing means is the upper replacement line arrival monitoring process by the replacement line arrival monitoring processing means, and the monitored value has exceeded the upper threshold or exceeded the upper threshold. If it is determined and the brand identification information about the first brand constituting the pair brand is stored in the holding brand database in association with the customer identification information of the target customer, the pair brand is constructed. A process of creating each order data of the first brand selling order and the second brand buying order is executed, and in the lower replacement line arrival monitoring processing by the replacement line arrival monitoring processing means, When it is determined that the value is below or below the lower threshold, and the brand identification information for the second brand that constitutes the pair brand is stored in the holding brand database in association with the customer identification information of the target customer If so, a process of creating order data for the second brand selling order and the first brand buying order is executed.

  In such a trading processing method of the present invention, the operation and effect obtained by the above-described trading processing system of the present invention can be obtained as it is, thereby achieving the object.

  Furthermore, the program of the present invention is for causing a computer to function as the above-described trading processing 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, the difference value of the adjusted index value obtained by multiplying each index value of the paired brands composed of two replacement target brands or the adjustment coefficient among the plurality of replacement target brands, Focus on the value of the ratio, and when the difference value or ratio value reaches the upper or lower threshold set by the customer, create the order data of the sell order and the buy order, and the stock held by the customer Therefore, there is an effect that a spot transaction can be performed and a suitable transaction technique can be provided for a customer who wants to avoid using a margin transaction or a futures transaction.

1 is an overall configuration diagram of a sales processing system according to an embodiment of the present invention. The block diagram of the stock price database which is the index value database of the said embodiment. The block diagram of the holding | stock issue database of the said embodiment. The block diagram of the order database of the said embodiment. The block diagram of the replacement | exchange target brand and replacement line database of the said embodiment. The figure of the flowchart which shows the flow of the process by the buying and selling processing system of the said embodiment. The figure which shows the specific example of replacement | exchange between three brands of the said embodiment. Explanatory drawing of the change of the replacement line of the said embodiment. Explanatory drawing of a process in the case of the stock price which is the index value of the said embodiment at the time of sharp rise and fall. The figure which shows an example of the replacement | exchange target brand selection screen of the said embodiment. The figure which shows an example of the replacement line setting screen of the said embodiment. The figure which shows an example of the replacement object brand addition / change / deletion screen of the embodiment.

  An embodiment of the present invention will be described below with reference to the drawings. FIG. 1 shows an overall configuration of a trading processing system 10 of the present embodiment. 2 shows the configuration of the stock price database 30 that is an index value database, FIG. 3 shows the configuration of the holding stock database 32, FIG. 4 shows the configuration of the order database 33, and FIG. Shows the configuration of the replacement-target brand / replacement line database 31. FIG. 6 is a flowchart showing the flow of processing by the buying and selling processing system 10, and FIG. 7 shows a specific example of replacement between three issues. Further, FIG. 8 is an explanatory diagram of the change of the replacement line, and FIG. 9 is an explanatory diagram of the processing in the case of the stock price that is an index value soaring / falling rapidly. FIG. 10 shows an example of a replacement target issue selection screen 100, 110, 120. FIG. 11 shows an example of a replacement line setting screen 200. FIG. 12 shows the replacement target issue addition / change. An example of the deletion screen 300 is shown.

  In FIG. 1, a trading processing system 10 is a system of a financial institution such as a securities company that executes trading processing of a plurality of brands of financial products (in the present embodiment, it is assumed as an example). It consists of two computers. A customer terminal device 40 operated by the customer is connected to the trading processing system 10 via the network 1. Further, a transaction market system 50 for financial products (including at least stocks in this embodiment) is connected to the trading processing system 10 via the communication line 2, and an information providing system 60 is connected via the communication line 3. Is connected.

  Here, the network 1 includes various forms such as the Internet, an intranet, an extranet, a LAN, a MAN, a WAN, or a combination thereof, and is wired or wireless, and further, wired and wireless. Regardless of whether it is a mixed type, in short, it is only necessary to be able to transmit information at a certain speed between a plurality of points (regardless of the length of distance).

  Further, the communication line 2 that connects the transaction processing system 10 and the transaction market system 50 is usually a dedicated line, but may be the network 1. Further, the communication line 3 connecting the trade processing system 10 and the information providing system 60 may be the network 1 or a dedicated line.

  The trading processing system 10 includes a processing unit 20 that executes trading processing of a plurality of brands of financial products (in the present embodiment, it is assumed as an example), and a stock price that is an index value database connected to the processing unit 20. A database 30, a replacement target brand / replacement line database 31, a held brand database 32, and an order database 33 are provided.

  The processing unit 20 includes a stock price acquisition processing unit 21 that is an index value acquisition processing unit, a replacement target brand / replacement line setting processing unit 22, a replacement target brand change processing unit 23, a replacement line change processing unit 24, and a monitoring target. The value calculation processing means 25, the replacement line arrival monitoring processing means 26, the brand replacement execution processing means 27, and the ordering processing means 28 are configured.

  The stock price acquisition processing means 21 executes processing for periodically acquiring the stock price of each brand from the information providing system 60 via the communication line 3 and storing it in the stock price database 30 (see FIG. 2). At this time, the stock price acquisition processing means 21 acquires the stock price of each brand together with the brand identification information (brand code) and the occurrence date and time of the stock price, and stores them in the stock price database 30 in association with them. In this embodiment, since the financial product to be traded is a stock, the stock price acquisition processing means 21 is used. However, more generally, index values such as the price of the financial product and the exchange rate are periodically acquired. The index value acquisition processing means executes the processing to be stored in the index value database.

  The replacement target brand / replacement line setting processing means 22 accepts selection input of a plurality of replacement target brands by a customer, and sets identification information (a plurality of settings by the same customer can be identified) for the customer setting. The issue identification / replacement line database 31 (see FIG. 5) is automatically associated and associated with the set identification information and customer identification information (for example, account number, etc.). 5), and an index value (in the present embodiment, a stock price) of a first brand that constitutes a pair brand formed by combining two brands of a plurality of brands to be replaced selected and input. Setting of upper threshold value and lower threshold value by the customer for the monitoring target value calculated using the index value of the second brand (in this embodiment, the stock price) The upper threshold value and the lower threshold value that are set and input are associated with the setting identification information, the customer identification information, and the pair brand identification information (in this embodiment, the first brand and the pair brand A process of storing in the replacement target brand / replacement line database 31 (in association with each brand identification information of the second brand) is executed.

At this time, the replacement target brand / replacement line setting processing means 22 automatically creates at least one pair of brands based on all combinations (a combination of all two brands) of the plurality of replacement target brands selected and input. Execute. That is, if the plurality of replacement target brands selected and input are N brands, _N C _two pair brands are automatically created. For example, if the replacement target brand is three brands, ₃ C ₂ = 3 pair brands are automatically created. In this embodiment, paired symbols are automatically created by all combinations of a plurality of replacement-targeted brands, but not all combinations, some combinations may be created, or automatic creation is not performed. May be specified.

  More specifically, the replacement target brand / replacement line setting processing means 22 transmits the display data of the replacement target brand selection screen 100 (see FIG. 10) via the network 1 in response to a customer request from the customer terminal device 40. Are transmitted to the customer terminal device 40, and a process of receiving the request signal for the all brand designation receiving process or the request signal for the remaining brand automatic selection process from the customer terminal apparatus 40 via the network 1 is executed.

  When the replacement target brand / replacement line setting processing means 22 receives the request signal for all brand designation reception processing from the customer terminal device 40, the display target brand selection screen 110 (see FIG. 10) display data Are transmitted to the customer terminal device 40 via the network 1, and input designation by the customer for all the issues of the plurality of replacement issues from the customer terminal device 40 is received. The brand identification information (brand code) is received via the network 1, and each received brand identification information is stored in the replacement target brand / replacement line database 31 (see FIG. 5) in association with the setting identification information and the customer identification information. Execute all brand designation acceptance processing.

  Further, when the replacement target brand / replacement line setting processing means 22 receives the request signal for the remaining brand automatic selection processing from the customer terminal device 40, the data for display on the replacement target brand selection screen 120 (see FIG. 10). Is transmitted to the customer terminal device 40 via the network 1, and an input designation by the customer for one replacement target brand from the customer terminal apparatus 40 is accepted, and this input designation 1 Stock identification information (stock code) for one replacement target stock is received via the network 1, and stocks having properties similar to the stock of the received stock identification information are analyzed by regression analysis or correlation coefficient calculation. Select from all brands whose stock prices are stored in the database 30 (see FIG. 2) or brands of the same category (for example, the same industry). To automatically select the remaining replacement target stock from among multiple replacement target stocks, and identify the stock for one replacement target stock entered and specified by the customer and the remaining automatically selected replacement stocks The remaining brand automatic selection process is executed in which the information (brand code) is stored in the replacement target brand / replacement line database 31 (see FIG. 5) in association with the setting identification information and the customer identification information.

At this time, the replacement target brand / replacement line setting processing means 22 performs a predetermined period (for example, the past 30 days) stored in the stock price database 30 (see FIG. 2) when executing the remaining brand automatic selection processing by regression analysis. Using the stock price (index value) of each of the stocks, the stock price (index value) of one replacement target stock specified by the customer is set as the objective variable (also referred to as the dependent variable) Y, and the remaining automatically selected Regression analysis is performed with the stock price (index value) of the stock that is a candidate for replacement as an explanatory variable (also referred to as an independent variable) X, and Y = a + b · X or Y = b · Among X, the correlation between the stock price (index value) used as the explanatory variable X in the regression equation having a large determination coefficient R ² or a degree-of-freedom-corrected determination coefficient R _f ² and one replacement target issue A brand with high characteristics By selecting, determining the remaining replacement target stocks. That is, the replacement target brand / replacement line setting processing means 22 sequentially selects the stock prices of all the brands stored in the stock price database 30 (see FIG. 2) or each brand in the same category (for example, the same industry) in order one by one. Using as the explanatory variable X, the regression equation Y = a + b · X or Y = b · X is obtained. For example, if a plurality of replacement target brands are N brands, the remaining replacement target brands to be automatically selected are (N-1) brands, and therefore the brands that are candidates for the remaining replacement target brands are M brands. If there is, the (N−1) regression equations are selected and determined from the determined M regression equations in the descending order of the determination coefficient R ² or the degree-of-freedom-corrected determination coefficient R _f ² , and (N -1) The stock price (index value) used as the explanatory variable X in each regression equation is determined as the remaining replacement target brand.

  Further, the replacement target issue / replacement line setting processing means 22 executes the remaining issue automatic selection process by calculating the correlation coefficient, the stock price of the issue that is a candidate for the remaining replacement target issue to be automatically selected. Using a stock price (index value) of each stock for a predetermined period (for example, the past 30 days) stored in the database 30 (see FIG. 2), a correlation coefficient with one replacement-designated stock is calculated. By selecting a brand having a large correlation coefficient, the remaining brands to be replaced are determined.

  Furthermore, the replacement target brand / replacement line setting processing means 22 receives the display data of the replacement line setting screen 200 (see FIG. 11) via the network 1 in response to a customer request from the customer terminal device 40. 40, and a monitoring target value history display request signal transmitted from the customer terminal device 40 via the network 1 is received together with customer selection information regarding the monitoring target value calculation processing method (type), and Then, by using the monitoring target value calculation processing method corresponding to the received selection information, each stock price (index value) stored in the stock price database 30 (see FIG. 2) is used for a predetermined period (for example, the past 30 days). When the monitoring target value of the pair symbol is calculated and the display data of the history of the monitoring value of the pair symbol is transmitted to the customer terminal device 40 via the network 1 In addition, the upper threshold value and the lower threshold value of each pair symbol received from the customer terminal device 40 via the network 1 are received, and the upper threshold value and the lower threshold value of each received pair symbol are set. Replacement target brand / replacement line associated with identification information, customer identification information, and paired brand identification information (in this embodiment, further associated with each brand identification information of the first brand and second brand constituting the pair brand) Processing to be stored in the database 31 is executed.

  The replacement target brand / replacement line setting processing means 22 selects that the customer selection information regarding the monitoring target value calculation processing method (type) received from the customer terminal device 40 uses the adjustment difference value as the monitoring target value. If it is information, that is, as the monitoring target value of the paired stock, the first stock price (index value) multiplied by the first adjustment coefficient is multiplied by the first stock adjusted stock price (adjusted index value). When adopting a difference value (adjusted difference value) obtained by subtracting the adjusted stock price (adjusted index value) of the second stock, which is obtained by multiplying the stock price (index value) of the two stocks by the second adjustment coefficient, A fixed period (for example, the past 30 days) using the stock prices (each index value) of the first and second brands constituting the pair brand stored in the stock price database 30 (see FIG. 2), which is an index value database. Stock price (index value) of the first issue in A value obtained by multiplying the average value of the last price by the first adjustment coefficient is equal to a value obtained by multiplying the average value of the past value of the stock price (index value) of the second stock for a certain period by the second adjustment coefficient. The first and second adjustment coefficients are calculated and determined, and the calculated and determined first and second adjustment coefficients are used as the first brand constituting the pair brand identification information or the pair brand and A process of storing in the replacement target brand / replacement line database 31 (see FIG. 5) in association with each brand identification information about the second brand, the setting identification information and the customer identification information is executed.

  For example, the average value of the past value of the stock price of the brand D is 900 yen, the average value of the past price of the stock price of the brand E is 360 yen, and the average value of the past price of the stock price of the brand F is 500 yen. In this case, as shown in the example of FIG. 5, the adjustment coefficient to be multiplied by the stock price of the brand D is 1.0, and the adjustment coefficient to be multiplied by the stock price of the brand E is 2.5 (= 900 yen / 360 yen). Assuming that the adjustment coefficient multiplied by the stock price of the brand F is 1.8 (= 900 yen / 500 yen), the adjusted stock prices have the same level. That is, in this example, the adjustment coefficient to be multiplied by the stock price of another brand is calculated and determined so as to match the level of the largest average value (900 yen, which is the average value of the past price of the brand D).

  In addition, as the monitoring target value of the paired stock, the stock price (index value) of the second stock is obtained from the adjusted stock price (adjusted index value) of the first stock obtained by multiplying the stock price (index value) of the first stock by the adjustment coefficient. A difference value (adjustment difference value) obtained by subtraction may be employed. In this case, the replacement target issue / replacement line setting processing means 22 is stored in the stock price database 30 (see FIG. 2) which is an index value database. The average of the past values of the stock price (index value) of the first stock for a certain period (for example, the past 30 days) using the stock prices (index values) of the first stock and the second stock constituting the paired stock The adjustment coefficient is calculated and determined so that the value obtained by multiplying the value by the adjustment coefficient and the average value of the stock price (index value) of the second stock for a certain period are equal. , Pair stock identification information or pair stock Each stock identification information for the first brand and second issues comprising the stocks, as well as to store the set identification information and customer identification information in association with replacement target stock-replacement line database 31 (see FIG. 5).

  Furthermore, the adjusted stock price (adjusted index value) of the second stock, which is obtained by multiplying the stock price (index value) of the second stock by the adjustment coefficient, from the stock price (index value) of the first stock, as the monitoring target value of the pair stock. A difference value (adjustment difference value) obtained by subtraction may be employed. In this case, the replacement target issue / replacement line setting processing means 22 is stored in the stock price database 30 (see FIG. 2) which is an index value database. The average of the past values of the stock price (index value) of the first stock for a certain period (for example, the past 30 days) using the stock prices (index values) of the first stock and the second stock constituting the paired stock The adjustment coefficient is calculated and determined such that the value is equal to the average value of the past value of the stock price (index value) of the second stock for a certain period multiplied by the adjustment coefficient. , Pair stock identification information for pair stocks or Each stock identification information for the first brand and second issues comprising the A stocks, as well as to store the set identification information and customer identification information in association with replacement target stock-replacement line database 31 (see FIG. 5).

  Further, the replacement target issue / replacement line setting processing means 22 uses the stock price (index value) of one replacement target issue specified by the customer when the remaining issue automatic selection process is executed by regression analysis, that is, the objective variable. When the remaining replacement target stocks are automatically selected from multiple replacement target stocks by performing a regression analysis, the stock price (index value) of the remaining replacement target stocks is used as the explanatory variable. The regression coefficient that constitutes the regression equation obtained by the analysis is determined as an adjustment coefficient to be multiplied by the stock price (index value) of the remaining replacement target stock, and the determined adjustment coefficient is used as the pair stock identification information for the pair stock. Alternatively, in the replacement target issue / replacement line database 31 (see FIG. 5) in association with the issue identification information about the remaining replacement issue issue, the setting identification information and the customer identification information.憶 may be.

  The replacement target issue change processing means 23 adds, changes, or deletes a replacement target issue by receiving an input of addition, change, or deletion of the replacement issue issue by the customer for a plurality of replacement issue issues selected by the customer. The replacement target issue change receiving process is executed, and the replacement target issue automatic change process for automatically changing the replacement issue issue is executed in response to a customer request. The former replacement target issue change acceptance process is performed when an input from the customer is accepted, and the latter replacement target issue automatic change process is performed periodically, for example, every three months, once a month, once a week, etc. In addition, it is performed by night batch processing.

  More specifically, when the replacement target issue change processing unit 23 receives a request signal for addition, change, or deletion of a replacement target issue from the customer terminal device 40, the replacement target issue addition / change / deletion screen 300 is displayed. Processing for transmitting the display data (see FIG. 12) to the customer terminal device 40 via the network 1 is executed.

  In FIG. 12, on the replacement target issue addition / change / deletion screen 300, the selection unit 301 selects the current replacement target issue display unit 301 and the adoption of the current replacement target issue displayed on the display unit 301. Correlate the part 302, the deletion selection part 303 for selecting to delete the current replacement target brand displayed on the display unit 301, the input part 310 for the replacement target brand to be added, and the replacement target brand having a weak correlation. A replacement target automatic change selection unit 320 for selecting to automatically change to a highly specific issue, and a “setting” button 330 for transmitting input data to the trading processing system 10 via the network 1 are provided. ing.

  Then, in the replacement target brand change acceptance process, the replacement target brand change processing means 23 receives the brand identification information (additional replacement target brand to be added) transmitted from the customer terminal device 40 via the network 1 about the replacement target brand. In addition, it may be the brand identification information for all of the multiple replacement target brands in the state after being added). The brand identification information for the multiple replacement target brands in the state after being added ( The brand code) is stored in the replacement target brand / replacement line database 31 (see FIG. 5) in association with the setting identification information and the customer identification information. In this case, the process is performed when the replacement target issue to be added is input to the input unit 310 on the replacement target issue addition / change / deletion screen 300 in FIG.

  Moreover, the replacement target brand change processing means 23 changes (in this embodiment, the input of the change is performed by performing deletion and addition at the same time) or the brand identification information (change) for the replacement target brand to be deleted. Alternatively, it may be the stock identification information for all of the multiple replacement target brands that have been changed or deleted, including the replacement target brands to be deleted.) In this embodiment, since the change is accompanied by deletion, the brand identification information (brand code) for the replacement target brand related to the deletion is associated with the customer identification information of the target customer (see FIG. 3), if it is not memorized, if it is not memorized, the brand identification of multiple replacement target brands after being changed or deleted Information (brand code) is stored in the replacement target brand / replacement line database 31 (see FIG. 5) in association with the setting identification information and customer identification information. If stored, the replacement target brand is changed or deleted. Not performed. In the case of a change, the deletion selection unit 303 is selected on the replacement target issue addition / change / deletion screen 300 in FIG. 12, and the replacement target issue to be added is input to the input unit 310, and “setting” is performed. ”Button 330 is pressed (in the example of FIG. 12, since the brand C is deleted and the brand D is added, the brands A and B remain unchanged, and the brand C is replaced with the brand D. In the case of deletion, the process when the deletion selection unit 303 is selected on the replacement target brand addition / change / deletion screen 300 in FIG. Therefore, this is a process for reducing the number of replacement-target brands.

  In addition, in the replacement target brand automatic change processing, the replacement target brand change processing means 23 receives the selection information of the replacement target brand automatic change by the customer transmitted from the customer terminal device 40 via the network 1, and the index value database. The regression analysis is performed or the correlation coefficient is calculated using the stock price (index value) of each stock for a predetermined period (for example, the past 30 days) stored in the stock price database 30 (see FIG. 12). Thus, the correlation between a plurality of replacement target brands and the correlation between a plurality of replacement target brands and other brands (brands whose stock price (index value) is stored in the stock price database 30) are determined. The brand identification information (brand code) of the exchange target brand with weak correlation is associated with the customer identification information of the target customer in the holding brand database 32 (see FIG. 3). If it is not remembered, the exchanged issue with less correlation is deleted, the exchangeable issue is changed to another issue with high correlation, and multiple exchangeable issues in the changed state are changed. The brand identification information (brand code) is stored in the replacement brand / replacement line database 31 (see FIG. 5) in association with the setting identification information and the customer identification information. In this case, the process is performed when the replacement target issue automatic change selection unit 320 is selected on the replacement target issue addition / change / deletion screen 300 in FIG.

At this time, the replacement target brand change processing means 23, when executing the replacement target brand automatic change processing by regression analysis, for a predetermined period (for example, the past 30 days) stored in the stock price database 30 (see FIG. 2). Using the stock price (index value) of each stock, the stock price (index value) of one replacement target stock among the current stocks to be replaced is the target variable Y, and the stock price (index) of another replacement stock Value) as an explanatory variable X, a regression analysis is performed to obtain a regression equation of Y = a + b · X or Y = b · X. This regression formula is obtained for all combinations of two exchangeable issues (pair issues) that can be composed of a plurality of current exchangeable issues, and for each exchangeable issue with other exchangeable issues. and calculates the total value or the average value of the determination of the regression coefficient R ² or flexibility amended coefficient of determination R _f ^2, the total value or the average value is smallest replacement target stock, and deletion candidate stocks in automatic change To do. Then, each replacement target brand obtained by removing the deletion candidate brand in the automatic change from a plurality of current replacement target brands, and a brand (stock price (index value) in the stock price database 30) other than the current plurality of swap target brands. In the same way, a regression equation is obtained with the additional candidate issues in the automatic change, and the sum or average of the determination coefficient R ² or the freedom degree corrected determination coefficient R _f ² of those regression expressions calculating a value, towards the calculated total value or the average value of the coefficient of determination R ² or flexibility amended coefficient of determination R _f ² for additional candidate stocks automatically changes were found decisions about deletion candidate stocks in automatic change When the coefficient R ² or the degree-of-freedom-corrected determination coefficient R _f ² is larger than the total value or the average value, it is determined that the deletion candidate brands in the automatic change have weak correlation. This determination is performed while exchanging additional candidate brands in the automatic change, that is, brands other than the current replacement target brands (brands in which the stock price (index value) is stored in the stock price database 30). most large and the coefficient of determination R ² or freedom fixes for deletion candidate stocks automatically changed among the total value or the average value of the coefficient of determination R ² or flexibility amended coefficient of determination R _f ² for additional candidate stocks select larger than the total value or the average value of the already determined coefficient R _f ^2, the additional candidate stocks automatically changes a total value or an average value selected is determined as an additional target stocks automatically changed.

For example, if a plurality of replacement issues are issues A, B, and C, regression equations are calculated between issues A and B, between issues B and C, and issues C and A. , The total or average value of the regression coefficient R ² or the degree of freedom corrected coefficient R _f ² calculated between the brands A and B and between the brands C and A is calculated. calculates B and between stocks B, the total value or the average value of the coefficient of determination of the obtained regression equation R ² or flexibility amended coefficient of determination R _f ² between C, for stocks C is brand B, between C Then, the total value or average value of the determination coefficient R ² of the regression equation obtained between the brands C and A or the determination coefficient R _f ^{2 with} the corrected degree of freedom is calculated. Then, among these sum or average value, the total value or the average value of the decision about stocks C coefficient R ² or flexibility amended coefficient of determination R _f ² is a was the smallest, C is automatically changed stocks Candidate for deletion. However, if the brand C is currently a brand owned by the customer (customer to be processed), it is not a candidate for deletion. Subsequently, a stock D that is a stock other than a plurality of current stocks to be replaced (a stock in which a stock price (index value) is stored in the stock price database 30) is set as an additional candidate stock in the automatic change, and a plurality of current replacement targets Between brands A, B, C, which are stocks A, B, which are candidates for replacement after removal of brand C, which is a candidate for deletion by automatic change, and brand D, which is a candidate for addition by automatic change That is, a regression equation is obtained between the stocks B and D and between the stocks D and A, and the total value or average value of the determination coefficient R ² or the freedom degree corrected determination coefficient R _f ² of these regression equations is calculated. towards the total value or the average value of the coefficient of determination R ² or flexibility amended coefficient of determination R _f ² for stocks D an additional candidate stocks automatically changes, for stocks C of a deletion candidate stocks in automatic change The coefficient of determination R ² or degree-of-freedom correction When it is larger than the total value or the average value of the completed determination coefficient R _f ² , it is determined that the brand C, which is the deletion candidate brand in the automatic change, has a weak correlation. This decision is made while exchanging the additional candidate brands in the automatic change such as brands D, E, F, G, H, etc., and the brands D, E, F, G, H which are the additional candidate brands in the automatic change. Determination coefficient R ² or degree-of-freedom-corrected determination coefficient R _f ² , which is the largest of the total value or average value, and the determination coefficient R ² or freedom for the brand C that is a candidate for deletion by automatic change A value larger than the total value or the average value of the degree-corrected determination coefficients R _f ² is selected. As a result, additional candidate total value or the average value of the decision about brand D coefficient R ² or flexibility amended coefficient of determination R _f ² is largest is stocks in automatic change, and delete candidate stocks in automatic change greater than the total value or the average value of the coefficient of determination R ² or flexibility amended coefficient of determination R _f ² for a certain brand C, and determining the stock D as an additional target stocks automatically changed.

  In addition, on the replacement target issue addition / change / deletion screen 300 (see FIG. 12), the customer can input and specify the reference issue that is the center of the correlation determination, and is transmitted from the customer terminal device 40 via the network 1. When receiving the selection information for the replacement target brand automatic change by the customer, the replacement target brand change processing means 23 is configured to receive the brand identification information (brand code) for the reference brand. The correlation may be determined with the reference stock as the center. Further, one replacement target brand that is input and designated by the customer on the replacement target brand selection screen 120 (see FIG. 10) and received by the replacement target brand / replacement line setting processing means 22 is one of a plurality of replacement target brands. Whether or not it is a stock is stored in the replacement-target stock / replacement line database 31 (see FIG. 5), and one replacement-target stock specified by the customer is used as a reference stock that is the center of the correlation determination. Also good.

In this way, when executing the replacement target issue automatic change processing by regression analysis using the reference issue as the center of the correlation determination, the replacement issue issue change processing means 23 is one of a plurality of current replacement issue issues. The regression analysis is performed with the stock price (index value) of the reference stock that is the replacement stock as the objective variable Y, and the stock price (index value) of another replacement stock other than the base stock as the explanatory variable X, and Y = a + b A regression equation of X or Y = b · X is obtained. This regression equation is obtained for all replacement target brands except the base brand. Furthermore, regression analysis using the stock price (index value) of the standard stock as the objective variable Y, and stocks other than the current stocks to be replaced (stocks whose stock prices (index values) are stored in the stock price database 30) as the explanatory variable X To obtain a regression equation of Y = a + b · X or Y = b · X. Then, in descending order of the determination of these regression coefficients R ² or flexibility amended coefficient of determination R _f ^2, determines that correlation between the reference stock has a high grade, determines a replacement target stocks after automatic change . The number to be determined is the number obtained by subtracting 1 from the current plurality of replacement target issues (that is, the number excluding the reference issue). Therefore, the determined replacement target brand after the automatic change may not change as the original replacement target brand.

  In addition, when the replacement target brand change processing unit 23 executes the replacement target brand automatic change processing by calculating the correlation coefficient, the replacement target brand change processing unit 23 stores a predetermined period (for example, the past 30 days) stored in the stock price database 30 (see FIG. 2). ) Using the stock price (index value) of each stock, the stock price (index value) of one replacement target stock among the multiple stocks to be replaced and the stock price (index value) of another replacement stock The correlation coefficient is calculated. This correlation coefficient is calculated for all of the combinations (pair issues) of the two replacement issues that can be composed of the current multiple replacement issues, and between each replacement issue and the other replacement issues. The total value or the average value of the correlation coefficients calculated in the above step is calculated, and the replacement target brand having the smallest total value or average value is set as the deletion candidate brand by the automatic change. Then, each replacement target brand obtained by removing the deletion candidate brand in the automatic change from a plurality of current replacement target brands, and a brand (stock price (index value) in the stock price database 30) other than the current plurality of swap target brands. The correlation coefficient is calculated in the same way with the additional candidate brands that are automatically changed), and the total or average value of those correlation coefficients is calculated. If the total value or average value of the correlation coefficient for the candidate stock is greater than the total value or average value of the correlation coefficient for the deletion candidate stock in the automatic change, the deletion candidate stock in the automatic change is Judge that the correlation is weak. This determination is performed while exchanging additional candidate brands in the automatic change, that is, brands other than the current replacement target brands (brands in which the stock price (index value) is stored in the stock price database 30). Select and select the largest correlation coefficient total or average value for additional candidate stocks and greater than the total or average correlation coefficient for deletion candidate stocks with automatic change The additional candidate brand in the automatic change that has become the total value or the average value is determined as an additional target brand in the automatic change.

  For example, if a plurality of replacement target brands are brands A, B, and C, correlation coefficients are calculated between brands A and B, between brands B and C, and between brands C and A. Calculates the total or average value of the correlation coefficient obtained between the brands A and B and between the brands C and A. For the brand B, it was obtained between the brands A and B and between the brands B and C. The total value or average value of correlation coefficients is calculated, and for brand C, the total value or average value of correlation coefficients obtained between brands B and C and between brands C and A is calculated. Then, among these total values or average values, if the total value or average value of the correlation coefficients for the brand C is the smallest, the brand C becomes a deletion candidate brand by automatic change. However, if the brand C is currently a brand owned by the customer (customer to be processed), it is not a candidate for deletion. Subsequently, a stock D that is a stock other than a plurality of current stocks to be replaced (a stock in which a stock price (index value) is stored in the stock price database 30) is set as an additional candidate stock in the automatic change, and a plurality of current replacement targets Between brands A, B, C, which are stocks A, B, which are candidates for replacement after removal of brand C, which is a candidate for deletion by automatic change, and brand D, which is a candidate for addition by automatic change That is, the correlation coefficient is calculated between the brands B and D and between the brands D and A, the total value or average value of these correlation coefficients is calculated, and the brand D which is an additional candidate brand in the automatic change If the total value or average value of the correlation coefficients is greater than the total value or average value of correlation coefficients for the stock C that is a candidate for deletion in automatic change, the candidate stock for deletion in automatic change It is determined that the stock C is less correlated That. This decision is made while exchanging the additional candidate brands in the automatic change such as brands D, E, F, G, H, etc., and the brands D, E, F, G, H which are the additional candidate brands in the automatic change. Among the total values or average values of the correlation coefficients for..., The one that is the largest and larger than the total value or average value of the correlation coefficients for the brand C that is the deletion candidate brand in the automatic change is selected. As a result, the correlation coefficient for the brand D, which is the additional candidate brand in the automatic change, is the largest, and is greater than the total value or the average value of the correlation coefficients for the brand C, the deletion candidate brand in the automatic change. For example, the brand D is determined as the brand to be added by the automatic change.

  Note that the replacement target issue change processing means 23 focuses on the reference issue in the same manner as when the replacement target issue automatic change processing is executed by regression analysis when the replacement target issue automatic change processing is executed by calculating the correlation coefficient. The correlation may be determined as follows.

  That is, the replacement target issue change processing unit 23 calculates the stock price (index value) of the reference issue that is one replacement issue issue among the plurality of current issue issues, and one replacement issue issue other than the reference issue. The correlation coefficient between the stock price (index value) is calculated. This correlation coefficient is calculated for all replacement target brands except for the base brand. Furthermore, a correlation coefficient between the stock price (index value) of the reference brand and brands other than the current plurality of replacement target brands (brands whose stock price (index value) is stored in the stock price database 30) is calculated. Then, it is determined that the correlation with the reference brand is high in descending order of these correlation coefficients, and the replacement target brand after the automatic change is determined. The number to be determined is the number obtained by subtracting 1 from the current plurality of replacement target issues (that is, the number excluding the reference issue). Therefore, the determined replacement target brand after the automatic change may not change as the original replacement target brand.

  As shown in FIG. 8, the replacement line change processing means 24 is configured so that each of the paired stocks stored in the stock price database 30 (see FIG. 2) that is an index value database has a predetermined period ΔT (for example, the past 30 days). By using the stock price (each index value), the monitored value of the paired stock is stored in the replacement target brand / replacement line database 31 (see FIG. 5) during the most recent predetermined period ΔT. 8 or the upper replacement line indicated by the solid line in FIG. 8 or the upper threshold is exceeded, or the lower side of the pair stock stored in the replacement target stock / replacement line database 31 It is determined whether or not a state that is less than or less than the threshold value (the lower replacement line indicated by the solid line in FIG. 8) or less is continued (in the example of FIG. 8, the upper threshold value) Or younger In other words, the upper threshold value and the lower threshold value of the pair symbol stored in the replacement target issue / replacement line database 31 are set to the width between these threshold values. A process of automatically changing the current value of the monitored value of the pair stock to be the center of the width H while holding H, that is, the current value of the monitored value of the pair stock is half the width between the thresholds (H / 2) Is the upper threshold value of the pair product (upper replacement line indicated by the one-dot chain line in FIG. 8), and the width between the current value of the monitored value of the pair product and the threshold value half (H / 2) ) Is used as the lower threshold value of the paired stock (the lower replacement line indicated by the one-dot chain line in FIG. 8). This automatic change processing of the replacement line is performed by night batch processing or the like periodically, for example, every two weeks or once every week.

  In the present embodiment, the replacement line change processing means 24 is configured to execute a replacement line automatic change process. However, the replacement line change processing unit 24 is configured to perform the first line setting on the replacement line setting screen 200 (see FIG. 11). Similarly, a configuration in which a customer can manually change by inputting an upper threshold value and a lower threshold value may be used, or automatic change and manual change may be selected by the customer.

  The monitoring target value calculation processing means 25 calculates the current value of each stock price (each index value) of the first brand and the second brand constituting the pair brand stored in the stock price database 30 (see FIG. 2) which is an index value database. (1) The difference value obtained by subtracting the stock price (index value) of the second stock from the stock price (index value) of the first stock, and (2) the adjustment coefficient for the stock price (index value) of the first stock. The difference value obtained by subtracting the stock price (index value) of the second stock from the adjusted stock price (adjusted index value) of the first stock multiplied by (3) the stock price (index value) of the first stock, The difference value obtained by subtracting the adjusted stock price (adjusted index value) of the second issue by multiplying the stock price (index value) by the adjustment coefficient, (4) the first adjustment to the stock price (index value) of the first issue The second adjustment from the adjusted stock price (adjusted index value) of the first stock to the stock price (index value) of the second stock multiplied by the factor It consists of either the difference value obtained by subtracting the adjusted stock price (adjusted index value) of the second issue multiplied by the coefficient, or (5) the ratio value obtained by dividing the first issue by the second issue. The monitoring target value is calculated for each paired symbol stored in the replacement-target brand / replacement line database 31 (see FIG. 5).

  Whether the simple difference value (1), the adjustment difference value (2) to (4) or the ratio value (5) is calculated as the monitoring target value is a replacement line. This is determined with reference to the type column of the monitoring target value in the replacement target brand / replacement line database 31 (see FIG. 5) in which the customer selection information on the setting screen 200 (see FIG. 11) is stored. Also, which of the adjustment difference values of (2) to (4) is calculated may be selectable by the customer, but may be determined in advance by the system. Then, it is set as the structure which employ | adopts the adjustment difference value of (4) so that the level after adjustment of all the stock prices (index value) of several replacement object brands may become equal (refer FIG. 11). When calculating the adjustment difference value, the adjustment factor for the first issue and the adjustment factor for the second issue are the data (replacement target) stored in the replacement issue / replacement line database 31 (see FIG. 5). The value automatically calculated by the brand / replacement line setting processing means 22 is used.

  The replacement line arrival monitoring processing means 26 is configured such that the monitoring target value of the pair symbol calculated by the monitoring target value calculation processing means 25 is the upper side of the pair symbol stored in the replacement target issue / replacement line database 31 (see FIG. 5). Whether the first stock has become more expensive than the second stock by judging whether it has exceeded the threshold or exceeded the upper threshold, that is, whether it has gone out of the upper replacement line Whether or not the upper replacement line arrival monitoring process for determining whether or not the monitored value of the paired stock is less than or less than the lower threshold of the paired stock stored in the replacement-target stock / replacement line database 31 That is, it is determined whether or not the first issue is cheaper than the second issue by determining whether or not the lower change line has moved from the inside to the outside. And it executes repeatedly monitoring process. Note that the change from the outside to the inside, the change from the inside to the inside, and the change from the outside to the outside of the replacement line are not subject to judgment. On the replacement line, it may be included inside or outside the replacement line.

  Further, when the replacement line arrival monitoring processing means 26 determines whether or not the replacement line has arrived from the inside to the outside, the determination result at the previous determination (whether the monitoring target value is inside or outside) May be stored in a previous judgment result storage means (not shown), and the previous judgment result may be compared with the current judgment result, or each stock price (each Index value) is used to calculate the monitoring target value, and the value immediately before each stock price (each index value) of that pair symbol (the value at the time of the previous determination) is calculated, A situation change may be determined from these monitored values.

  The brand replacement execution processing means 27 is a case where it is determined in the upper replacement line arrival monitoring process by the replacement line arrival monitoring processing means 26 that the monitored value is equal to or higher than the upper threshold value or exceeds the upper threshold value. When the brand identification information about the first brand constituting the pair brand is associated with the customer identification information of the target customer and stored in the possessed brand database 32 (see FIG. 3), the pair brand is configured. Each order data of the first brand selling order and the second brand buying order (including brand identification information about the order brand, order quantity and trading category) is created, while the replacement line arrival monitoring processing means 26 For the second issue that is a case where the monitoring target value is determined to be less than or less than the lower threshold in the replacement line arrival monitoring process on the side and the pair issue is configured When the brand identification information is stored in the holding brand database 32 in association with the customer identification information of the target customer, each order data of the second brand selling order and the first brand buying order is created and created. Order identification information (order number) is automatically assigned to each order data, and each order data is associated with the order identification information and customer identification information and stored in the order database 33 (see FIG. 4).

  At this time, the brand replacement execution processing means 27 acquires the possessed quantity (the order quantity of the selling order) of the brand to be sold for the customer to be processed from the owned brand database 32 (see FIG. 3). Calculate the market value by multiplying the quantity by the market price (the current value of the stock price of the brand to be sold), and divide this market price by the market price of the brand to be purchased (the current price of the price of the brand to be purchased) By calculating the order quantity of the brand to be purchased, the order quantity of the sell order and the buy order is calculated and determined so that the sale price and the purchase price are substantially equal. Since the order quantity is determined in units of unit stocks, it is not necessary for the sale price and the purchase price to completely match.

  In addition, the brand replacement execution processing means 27 immediately receives the order data when it satisfies the condition that it reaches the upper or lower replacement line and holds the brand to be sold that is judged to be expensive. It may be created, or a confirmation screen showing the order contents (including order brands and order quantities for sell orders and buy orders) is transmitted to the customer terminal device 40 via the network 1 to confirm the order contents by the customer. Later, order data may be created.

  Furthermore, the stock replacement execution processing means 27 uses the stock prices (indicator values) of the pair stocks stored in the stock price database 30 (see FIG. 2), which is an index value database, so that the monitored values of the pair stocks are obtained in advance. If the speed rises above the specified speed, or exceeds the upper threshold by exceeding the upper speed, or exceeds the upper threshold, or exceeds the predetermined speed, or falls It is determined whether or not this is the case when it falls sharply at a speed exceeding the speed and falls below or below the lower threshold, and if it falls under these, the order data creation process is not performed.

  For example, as shown in the fluctuation history of the monitoring target value indicated by a solid line or a dotted line in FIG. If ΔX exceeds a certain ratio of the interval width H, for example, half (H / 2) of the interval width H with respect to the line or (2/3) × H, the order data creation process is not performed. Alternatively, the order data may not be created if ΔX is greater than or equal to Yen. Further, if ΔX / ΔT is greater than what (Yen / min), the order may be excluded. Data creation processing may not be performed.

  Further, the brand replacement execution processing means 27 refers to the order data stored in the order database 33 (see FIG. 4) in association with the customer identification information of the processing target customer, and for the same replacement target brand on the same day, When order data is created in the order of buy, sell, and buy, the order data is created in the order of sell, buy, and sell, without creating the order data for the third buy. If this is the case, the process of creating order data for the third sale is not performed.

  The order processing means 28 uses the order data stored in the order database 33 (see FIG. 4), and includes order data (order identification information, customer identification information, brand identification information about the order brand, order quantity, and trading category). )) And processing for transmitting the created order data to the transaction market system 50 via the communication line 2 is executed.

  Further, the order processing means 28 includes contract data transmitted from the transaction market system 50 via the communication line 2 (including order identification information, customer identification information, brand identification information, contract constant amount, contract unit price, and trade classification). , And using the received contract data, the process of updating the information related to the holding brand including the holding quantity (number of shares) stored in the holding brand database 32 (see FIG. 3) is also executed. It should be noted that at the stage when the order data is sent (ordered) to the transaction market system 50 by the order processing means 28, the order processing means 28 temporarily stores information on the stocks including the number of shares (number of shares) stored in the stock information database 32. It may be updated (temporary update in the form of leaving the information before temporary update), or the number of shares (number of shares) stored in the holding brand database 32 at the stage when the order data is created by the brand replacement execution processing means 27 May be provisionally updated by the brand replacement execution processing means 27 (temporary updating in a form that leaves information before provisional updating).

  As shown in FIG. 2, the stock price database 30 stores the stock price data acquired by the stock price acquisition processing means 21 in association with stock brand identification information (brand code) and the occurrence date and time of the stock price.

  As shown in FIG. 5, the replacement target issue / replacement line database 31 includes setting identification information, customer identification information (account number, etc.), pair issue identification information, and issue identification information (issue issues) for the first issue constituting the pair issue. Code), adjustment factor for the first issue (however, only when the adjustment difference value is adopted as the monitored value), issue identification information (issue code) for the second issue constituting the pair issue, the second issue The adjustment coefficient (provided that the adjustment difference value is adopted as the monitoring target value), the type of the monitoring target value, the upper threshold value for the replacement line, and the lower threshold value for the replacement line It is something to remember.

  As shown in FIG. 3, the holding stock database 32 includes customer identification information, stock identification information (stock code) on the holding stock, holding quantity (number of shares), market price unit price, market price evaluation value (holding quantity x market price unit price), etc. This is stored in association with each other.

  As shown in FIG. 4, the order database 33 includes order identification information (order number), customer identification information (account number, etc.), brand identification information (brand code) about the order brand, order quantity (number of shares), trade classification, The limit price (including the market price and limit price), the order reception date and time, and the like are stored in association with each other.

  And in the above, each processing means 21-28 contained in the processing means 20 which comprises the buying and selling processing system 10 is a central processing unit (CPU) provided in the inside of the computer main body which comprises the buying and selling processing system 10, and This is realized by one or a plurality of programs that define the operation procedure of the CPU.

  Each database 30 to 33 constituting the trading processing system 10 is preferably realized by, for example, a hard disk or the like. RAM, MO, CD-ROM, CD-R, CD-RW, DVD-ROM, DVD-RAM, FD, magnetic tape, or a combination thereof may be employed.

  Further, the trading processing system 10 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 investor terminal device 40 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 investor terminal device 40 may be a mobile device such as a mobile phone (including PHS) or a personal digital assistant (PDA).

  The trading market system 50 is a system configured by one or a plurality of computers installed in, for example, the Tokyo Stock Exchange. The trading market system in the present invention is not limited to a stock market system, and more generally includes a trading market system that handles financial products, including securities other than stocks. For example, a private trading system ( PTS (Proprietary Trading System) may be used.

  The information providing system 60 is a system constituted by one or a plurality of computers. For example, the information providing system 60 is an information vendor system or the like, but may be another system of a financial institution such as a securities company, or the transaction market system 50. It may be itself.

  In such an embodiment, the buying and selling process of a plurality of brands is performed by the buying and selling processing system 10 as follows.

  In FIG. 6, the processing by the buying and selling processing system 10 is started (step S1), and the replacement target brand selection screen 100 (FIG. 10) is transmitted to the customer terminal device 40 via the network 1 (step S2). Then, a replacement target brand selection screen 100 as shown in FIG. 10 is displayed on the screen of the customer terminal device 40.

  In FIG. 10, on the replacement target issue selection screen 100, an all issue designation receiving process selection unit 101 that selects input designation of all replacement issue issues, and one replacement target issue is input and specified, and the remaining replacement targets are selected. A remaining brand automatic selection processing selection section 102 that selects to select a brand automatically, and an “OK” button 103 for transmitting selection information to the trading processing system 10 via the network 1 are provided.

  When the customer selects all the brand designation reception process selection unit 101 and presses the “OK” button 103 on the replacement target brand selection screen 100 in FIG. 10, a request signal for all brand designation reception processing is sent via the network 1. To the transaction processing system 10. In the trading processing system 10, the replacement target brand / replacement line setting processing means 22 receives a request signal for all brand designation reception processing from the customer terminal device 40, and displays the replacement target brand selection screen 110 (see FIG. 10). Data is transmitted to the customer terminal device 40 via the network 1 (step S2). Then, a replacement target brand selection screen 110 as shown in FIG. 10 is displayed on the screen of the customer terminal device 40.

  In FIG. 10, the replacement target brand selection screen 110 is provided with a replacement target brand input section 111 and a “progress to replacement line setting” button 112 for proceeding to the setting of the next replacement line.

In the replacement target issue selection screen 110 of FIG. 10, when the customer inputs all of the plurality of replacement target issues to be selected into the replacement target issue input unit 111 and presses the “Proceed to setting of replacement line” button 112. The brand identification information (brand code) for the plurality of exchange-target brands selected and input is transmitted to the trading processing system 10 via the network 1. In the trading processing system 10, when the replacement target brand / replacement line setting processing means 22 receives the brand identification information about a plurality of replacement target brands from the customer terminal device 40, the setting identification information (same customer) Can be identified automatically), and _N C ₂ paired stocks are automatically created based on the selected (and N) replacement target stocks, and these pairs are automatically created. Pair brand identification information is automatically assigned to the brand, and each brand identification information (brand code) for the first brand and second brand constituting each pair brand is set identification information, customer identification information, and pair brand identification. The information is stored in the replacement target brand / replacement line database 31 (see FIG. 5) in association with the information (step S2). In the example of the replacement target brand selection screen 110 in FIG. 10, the brands A, B, and C are selected and input by the customer. With these brands A, B, and C, the pair brand consisting of the replacement target brands A and B, and the replacement target A pair brand consisting of the brands B and C and a pair brand consisting of the replacement target brands C and A are automatically created.

  When the customer selects the remaining brand automatic selection processing selection unit 102 and presses the “OK” button 103 on the replacement target brand selection screen 100 in FIG. 10, a request signal for the remaining brand automatic selection processing is displayed on the network 1. Is sent to the trading processing system 10 via. In the trading processing system 10, the replacement target brand / replacement line setting processing means 22 receives a request signal for the remaining brand automatic selection processing from the customer terminal device 40, and displays the replacement target brand selection screen 120 (see FIG. 10). Data is transmitted to the customer terminal device 40 via the network 1 (step S2). Then, a replacement target brand selection screen 120 as shown in FIG. 10 is displayed on the screen of the customer terminal device 40.

  In FIG. 10, on the replacement target issue selection screen 120, a replacement target issue total number input unit 121 for inputting the total number N of replacement target issues, a replacement target issue input unit 122 for inputting and specifying one replacement target issue, and this replacement An “automatic selection execution” button 123 for automatically selecting (N−1) brands having properties similar to one replacement target brand input to the target brand input unit 122, and the automatically selected replacement target brand Are displayed, and a “Proceed to replacement line setting” button 125 for proceeding to the setting of the next replacement line is provided.

In the replacement target issue selection screen 120 in FIG. 10, the customer inputs the total number N of replacement target issues in the replacement target issue total number input unit 121 and inputs and designates one replacement target issue in the replacement target issue input unit 122. In this state, when the “automatic selection execution” button 123 is pressed, brand identification information (brand code) for one replacement-designated brand is transmitted to the trading processing system 10 via the network 1. In the trading processing system 10, when the replacement target brand / replacement line setting processing means 22 receives the brand identification information (brand code) for one replacement target brand from the customer terminal device 40, the setting identification for the customer setting is made. Information (a plurality of settings by the same customer can be identified) is automatically given, and (N-1) stocks having properties similar to the stock of the received stock identification information are subjected to regression analysis or correlation coefficient. By calculating and selecting all stocks whose stock prices are stored in the stock price database 30 (see FIG. 2) or stocks of the same category (for example, the same industry, etc.), among the stocks to be replaced The remaining stocks to be replaced are automatically selected. Then, _N C _two paired stocks are automatically created from a total of N replacement subject stocks composed of one replacement subject stock designated by the customer and the remaining replacement subject stocks that are automatically selected. Pair brand identification information is automatically assigned to the brand, and each brand identification information (brand code) for the first brand and second brand constituting each pair brand is set identification information, customer identification information, and pair brand identification. The information is stored in the replacement target brand / replacement line database 31 (see FIG. 5) in association with the information (step S2). In the example of the replacement target brand selection screen 120 in FIG. 10, the customer inputs the total number of replacement target brands N = 3, and the brand A is input and designated as one replacement target brand. The two brands B and C are automatically selected, and by these replacement target brands A, B and C, the pair brand consisting of the replacement target brands A and B, the pair brand consisting of the replacement target brands B and C, and the replacement target A pair brand consisting of brands C and A is automatically created.

  Subsequently, the replacement target brand / replacement line setting processing unit 22 transmits display data of the automatic selection result display unit 124 that displays the automatically selected replacement target brand to the customer terminal device 40 via the network 1 ( Step S2). Then, the automatically selected replacement target brand is displayed on the automatic selection result display unit 124 of the replacement target brand selection screen 120 of FIG. 10 displayed on the customer terminal device 40. Then, when the customer who has confirmed this display presses the “Proceed to setting of replacement line” button 125, a confirmation signal is transmitted to the trade processing system 10 via the network 1 (step S2).

  Then, after completing the setting of the replacement target issue, the trading processing system 10 causes the replacement target issue / replacement line setting processing means 22 to display the display data of the replacement line setting screen 200 (see FIG. 11) via the network 1. It transmits to the customer terminal device 40 (step S2). Then, a replacement line setting screen 200 as shown in FIG. 11 is displayed on the screen of the customer terminal device 40.

  In FIG. 11, the replacement line setting screen 200 includes a simple difference value selection unit 201 that selects a difference value of a simple stock price (index value) as a monitoring target value, and an adjusted stock price (multiple of an adjustment coefficient). The adjustment difference value selection unit 202 that selects the difference value (adjustment difference value) of the adjusted index value) as the monitoring target value and the ratio value of the stock price (index value) are selected as the monitoring target value. Ratio value selection unit 203, “monitoring target value history display” button 210 for displaying the history of monitoring target values of each paired stock according to the type selected by each of the selection units 201 to 203, and replacement target brand A , B monitoring target value history display unit 220, upper threshold input unit 221 for inputting upper thresholds for paired brands A, B, and lower thresholds. Side threshold value input unit 222, Monitoring target value history display section 230 for paired brands consisting of replacement brands B and C, upper threshold input section 231 for inputting an upper threshold value for paired brands consisting of replacement brands B and C, and lower threshold value The lower threshold value input unit 232 for inputting the input, the history display unit 240 for the monitoring target value of the paired issue C and A, and the upper threshold value for the paired issue consisting of the changed issue C and A are input. An upper threshold value input unit 241 for inputting the lower threshold value and a lower threshold value input unit 242 for inputting the lower threshold value, and a “set” button 250 for transmitting the input data to the trade processing system 10 are provided.

  When the customer selects any of the selection units 201 to 203 and presses the “monitor target value history display” button 210 on the replacement line setting screen 200 in FIG. 11, the monitoring target value calculation processing method (type) The customer selection information and the monitoring target value history display request signal are transmitted to the trade processing system 10 via the network 1. In the trading processing system 10, when the replacement target brand / replacement line setting processing means 22 receives the customer selection information regarding the monitoring target value calculation processing method (type) and the monitoring target value history display request signal, the received selection Each pair in a predetermined period (for example, the past 30 days) using each stock price (index value) of each pair symbol stored in the stock price database 30 (see FIG. 2) by the monitoring target value calculation processing method corresponding to the information. The monitoring target value of the brand is calculated, and the display data of the monitoring target value history of each pair brand is transmitted to the customer terminal device 40 via the network 1 (step S2). Then, the history of the monitoring target value of each pair symbol is displayed in the monitoring target value history display section 220, 230, 240 of each pair symbol on the replacement line setting screen 200 of FIG. 11 displayed on the screen of the customer terminal device 40. Is displayed.

  Then, on the replacement line setting screen 200 of FIG. 11, the customer refers to the display of the history display units 220, 230, and 240 of the monitoring target value of each paired product, and the upper threshold value and the lower threshold value of each paired product. When the “set” button 250 is pressed, the upper threshold value and the lower threshold value of each pair symbol are transmitted to the trading processing system 10 via the network 1. In the trading processing system 10, the replacement target brand / replacement line setting processing means 22 receives the upper threshold value and the lower threshold value of each pair symbol, and the received upper threshold value and lower threshold value of each pair symbol, In association with setting identification information, customer identification information, and paired brand identification information (in this embodiment, further linked with each brand identification information of the first brand and the second brand that constitute the paired brand) The data is stored in the line database 31 (see FIG. 5) (step S2).

  Further, when the customer selection information regarding the monitoring target value calculation processing method (type) received from the customer terminal device 40 is selection information indicating that the adjustment difference value is the monitoring target value, that is, monitoring of the pair stocks As the target value, the second stock price (index value) is changed from the adjusted stock price (adjusted index value) of the first stock, which is obtained by multiplying the stock price (index value) of the first stock by the first adjustment coefficient. When adopting a difference value (adjustment difference value) obtained by subtracting the adjusted stock price (adjusted index value) of the second issue multiplied by the adjustment coefficient, the replacement target issue / replacement line setting processing means 22 A fixed period (for example, the past 30 days) using the stock prices (each index value) of the first and second brands constituting the pair brand stored in the stock price database 30 (see FIG. 2), which is an index value database. Stock price (index value) A value obtained by multiplying the average value of the past values by the first adjustment coefficient, and a value obtained by multiplying the average value of the past values of the stock prices (index values) of the second issue over a certain period by the second adjustment coefficient. The first and second adjustment factors are calculated and determined so as to be equal, and the first and second adjustment factors calculated and determined are used as the first issue constituting the pair issue identification information or the pair issue. Each brand identification information about the second brand and the brand identification information, the setting identification information and the customer identification information are stored in the replacement target brand / replacement line database 31 (see FIG. 5) (step S2).

  Thereafter, the stock price acquisition processing means 21 acquires the stock price of each brand from the information providing system 60 via the communication line 3 together with the brand identification information (brand code) and the date and time of occurrence of the stock price. It is stored in the stock price database 30 (see FIG. 2) in association with the brand identification information and the occurrence date and time of the stock price (step S3).

  Subsequently, each stock price (each index value) of the first brand and the second brand constituting each pair brand stored in the stock price database 30 (see FIG. 2) which is an index value database by the monitoring target value calculation processing means 25. In accordance with the type of monitored value stored in the replacement target issue / replacement line database 31 (see FIG. 5), the stock price (index value) of the first issue is used as the monitoring target value of each pair issue. A simple difference value, adjustment difference value, or ratio value with the stock price (index value) of the second brand is calculated (step S4). When calculating the adjustment difference value, the adjustment coefficient for the first brand and the adjustment coefficient for the second brand stored in the replacement target brand / replacement line database 31 (see FIG. 5) are used.

  For example, if the first brand is the brand A and the second brand is the brand B, the monitoring target value = stock price of the brand A−stock price of the brand B is calculated when the simple difference value is the monitoring target value. When the adjustment difference value is set as the monitoring target value, the monitoring target value = first brand adjustment coefficient × stock price of brand A−second brand adjustment coefficient × stock price of brand B is calculated. Further, when the ratio value is set as the monitoring target value, the monitoring target value = stock price of the brand A / stock price of the brand B is calculated.

  Then, each pair stored in the replacement target brand / replacement line database 31 (see FIG. 5) is monitored by the replacement line arrival monitoring processing unit 26 and the monitoring target value of each pair brand calculated by the monitoring target value calculation processing unit 25 is stored. By determining whether or not the upper threshold value of the issue has been exceeded or exceeded, that is, whether or not the upper issue line has moved from the inside to the outside of the upper exchange line, The upper replacement line arrival monitoring process for determining whether or not the price is higher for each paired product, and the monitored value of each paired product is below the paired product stored in the replacement target product / replacement line database 31. The first stock is cheaper than the second stock by judging whether it is below or below the threshold on the side, that is, whether it has gone out from the inside of the lower replacement line. Whether to run the replacement line arrival monitoring process of the lower judges for each pair stock (step S5).

  Here, when the replacement line arrival monitoring processing unit 26 does not determine that any of the monitoring target values of each paired product has gone out of the upper or lower replacement line, that is, each paired product. If it is determined that the upper threshold value is exceeded, the upper threshold value is exceeded, or the lower threshold value is not less than or less than the lower threshold value of each paired stock, the process returns to the above-described step S3. Thereafter, the processes in steps S3 to S5 are repeated until it is determined that any one of the monitoring target values of each pair brand has moved from the inside to the outside of the upper or lower replacement line.

  On the other hand, if it is determined in step S5 that one of the monitoring target values of each paired product has gone out from the inside of the upper replacement line, that is, the upper threshold value of each paired stock has reached or exceeded, If it is determined that the upper threshold has been exceeded, the brand replacement execution processing means 27 holds the brand identification information about the first brand constituting the pair brand in association with the customer identification information of the customer to be processed. It is determined whether or not it is stored in the brand database 32 (see FIG. 3), and if it is stored (that is, if the customer holds the first brand), the customer's order content is confirmed. Before or after confirmation, each order data of the first brand selling order and second brand buying order that constitutes the paired brand (brand identification information about the order brand, order quantity, trading category) And order identification information (order number) is automatically assigned to each created order data, and each order data is stored in the order database 33 (see FIG. 4) in association with the order identification information and customer identification information. (Step S6).

  At this time, the stock replacement execution processing means 27 uses each stock price (each index value) of the pair stock stored in the stock price database 30 (see FIG. 2), which is an index value database, to monitor the value of the pair stock. It is determined whether or not the above is the case where it is equal to or higher than a predetermined ascent rate, or when it rapidly rises above this ascent rate and exceeds the upper threshold value or exceeds the upper threshold value. In this case, the order data creation process is not performed (see FIG. 9). Further, the brand replacement execution processing means 27 refers to the order data stored in the order database 33 (see FIG. 4) in association with the customer identification information of the customer to be processed, When order data is created in the order of buy, sell, and buy, the order data is created in the order of sell, buy, and sell, without creating the order data for the third buy. If this is the case, the process of creating order data for the third sale is not performed.

  In addition, when it is determined in step S5 that any of the monitored values of each pair symbol has gone out from the inside of the lower replacement line, that is, below or below the lower threshold value of each pair symbol. If it is determined that the stock identification information about the second brand constituting the pair brand is associated with the customer identification information of the customer to be processed and stored in the holding brand database 32 (see FIG. 3). If it is stored and memorized (that is, if the customer owns the second issue), the second issue will be confirmed without confirming the order contents of the customer or after confirmation. Order data for each selling order and first brand buying order, order identification information (order number) is automatically assigned to each created order data, and each order data is related to order identification information and customer identification information With Is stored in the order database 33 (see FIG. 4) Te (step S6).

  At this time, the stock replacement execution processing means 27 uses each stock price (each index value) of the pair stock stored in the stock price database 30 (see FIG. 2), which is an index value database, to monitor the value of the pair stock. Is determined to be applicable if it falls above or below a predetermined rate, or falls suddenly at or below this rate and falls below or below the lower threshold. Do not create data. Further, the brand replacement execution processing means 27 refers to the order data stored in the order database 33 (see FIG. 4) in association with the customer identification information of the customer to be processed, When order data is created in the order of buy, sell, and buy, the order data is created in the order of sell, buy, and sell, without creating the order data for the third buy. If this is the case, the process of creating order data for the third sale is not performed.

  Subsequently, the order processing means 28 uses the order data stored in the order database 33 (see FIG. 4) to place order data (order identification information, customer identification information, brand identification information about the order brand, order quantity, sales and purchase). The created order data is transmitted to the transaction market system 50 via the communication line 2 (step S7). When the contract data transmitted from the transaction market system 50 via the communication line 2 is received by the order processing means 28, it is stored in the stock database 32 (see FIG. 3) using the received contract data. Update information on stocks including the number of shares held (number of shares).

  And when continuing a series of buying and selling processing by the buying and selling processing system 10 (step S8), it returns to the processing of step S3 again and monitors the arrival of the next brand replacement timing, while it is input by the customer. When the series of buying and selling processing is not continued due to the arrival of the designated set deadline or the like (step S8), the series of buying and selling processing is ended (step S9).

  Hereinafter, a specific example of the brand replacement between the three replacement target brands A, B, and C will be described with reference to FIG.

  As shown in FIG. 3, it is assumed that Taro Yamato, who is the customer to be processed, first holds M1 = 3,000 shares of brand A. Then, the monitoring value of the pair brand consisting of the brands A and B = the stock price of the brand A−the stock price of the brand B, and the monitoring target value of the pair brand consisting of the brands B and C = the stock price of the brand B−the stock price of the brand C. Yes, it is assumed that the monitoring target value of a pair of brands C and A = stock price of brand C−stock price of brand A.

  At the time of T1, since the monitoring target value of the paired stocks consisting of the stocks A and B has reached the upper replacement line indicated by the one-dot chain line in FIG. Therefore, if the customer has the brand A, the order data of the purchase order of the brand B and the selling order of the brand A is created. Here, since the customer initially holds M1 = 3,000 shares of the stock A (see the transition of the stock held at the bottom in FIG. 7), as shown in the example of the order database 33 in FIG. The order data of the selling order of M1 = 3,000 shares of the brand A is created, and the order data of the buying order of the M2 stock of the brand B is created. At this time, M2 is calculated by M2 = M1 × market price unit price of brand A / market price unit price of brand B.

  At the time of T2, the monitored value of the paired stock consisting of the stocks B and C has reached the lower replacement line indicated by the one-dot chain line in FIG. 7, so the stock C becomes expensive and the stock B is cheaper. Therefore, if the customer holds the brand C, the order data of the buy order for the brand B and the sell order for the brand C is created. However, as shown in the example of the order database 33 in FIG. 4, the customer holds the stock B for M2 shares (see the transition of the stock held at the bottom of FIG. 7), and does not hold the stock C. Do not create order data.

  At the time of T3, the monitored value of the paired stock consisting of the stocks C and A has reached the upper replacement line indicated by the one-dot chain line in FIG. 7, so that the stock C becomes expensive and the stock A becomes cheaper. Therefore, if the customer has the brand C, the order data of the buy order for the brand A and the sell order for the brand C is created. However, as shown in the example of the order database 33 in FIG. 4, the customer holds the stock B for M2 shares (see the transition of the stock held at the bottom of FIG. 7), and does not hold the stock C. Do not create order data.

  At the time of T4, since the monitored value of the paired stock consisting of the stocks B and C has reached the upper replacement line indicated by the one-dot chain line in FIG. 7, the stock B becomes expensive and the stock C becomes cheaper. Therefore, if the customer has the brand B, the order data of the purchase order of the brand C and the selling order of the brand B is created. Here, as shown in the example of the order database 33 in FIG. 4, the customer holds M2 shares of the stock B (see the transition of the stock held at the bottom in FIG. 7). The order data for the order is created, and the order data for the buy order for the M3 stock of the brand C is created. At this time, M3 is calculated by M3 = M2 × market price unit price of brand B / market price unit price of brand C.

  At the time of T5, since the monitored value of the paired stock consisting of the stocks B and C has reached the upper replacement line indicated by the one-dot chain line in FIG. 7, the stock B becomes expensive and the stock C becomes cheaper. Therefore, if the customer has the brand B, the order data of the purchase order of the brand C and the selling order of the brand B is created. However, as shown in the example of the order database 33 in FIG. 4, the customer holds the stock C for M3 shares (see the transition of the stock held at the bottom of FIG. 7), and does not hold the stock B. Do not create order data.

  At the time of T6, since the monitored value of the paired stock consisting of the stocks A and B has reached the lower replacement line indicated by the one-dot chain line in FIG. 7, the stock B becomes expensive and the stock A is cheaper. Therefore, if the customer has the brand B, the order data of the purchase order of the brand A and the selling order of the brand B is created. However, as shown in the example of the order database 33 in FIG. 4, the customer holds the stock C for M3 shares (see the transition of the stock held at the bottom of FIG. 7), and does not hold the stock B. Do not create order data.

  At the time of T7, the monitored value of the pair brand consisting of the brands C and A has reached the upper replacement line indicated by the one-dot chain line in FIG. 7, so that the brand C becomes expensive and the brand A becomes cheaper. Therefore, if the customer has the brand C, the order data of the buy order for the brand A and the sell order for the brand C is created. Here, as shown in the example of the order database 33 in FIG. 4, the customer holds M3 shares of the stock C (see the transition of the stock held at the bottom in FIG. 7). The order data for the order is created, and the order data for the buy order for the M4 stock of the brand A is created. At this time, M4 is calculated by M4 = M3 × market price unit price of brand C / market price unit price of brand A.

  At the time of T8, since the monitored value of the paired stock consisting of the stocks C and A has reached the lower replacement line indicated by the one-dot chain line in FIG. 7, the stock A is overvalued and the stock C is undervalued. Therefore, if the customer holds the brand A, the order data of the buy order for the brand C and the sell order for the brand A is created. Here, as shown in the example of the order database 33 in FIG. 4, the customer holds M4 shares of the brand A (refer to the transition of the holding stock at the bottom in FIG. 7). The order data for the order is created, and the order data for the buy order for the M5 stock of the brand C is created. At this time, M5 is calculated by M5 = M4 × market price unit price of brand A / market price unit price of brand C.

  At the time of T9, since the monitored value of the paired brand consisting of the brands A and B has reached the upper replacement line indicated by the one-dot chain line in FIG. 7, the brand A becomes expensive and the brand B becomes cheaper. Therefore, if the customer has the brand A, the order data of the purchase order of the brand B and the selling order of the brand A is created. However, as shown in the example of the order database 33 in FIG. 4, the customer holds M5 shares of the stock C (refer to the transition of the stock held at the bottom of FIG. 7) and does not hold the stock A. Do not create order data.

  According to this embodiment, there are the following effects. That is, in the buying and selling processing system 10, the monitoring target value calculation processing means 25 multiplies each stock price (each index value) or adjustment coefficient of a paired stock composed of two replacement subject issues out of a plurality of replacement subject issues. The monitoring target value consisting of the difference value or the ratio value of the adjusted stock price (adjusted index value) is calculated, and the replacement line arrival monitoring processing means 26 determines that the monitoring target value of the pair stock is the replacement target issue / replacement line database. 31 (see FIG. 5), it is determined whether the upper or lower threshold value of the pair symbol has been reached, thereby determining whether the pair symbol is overvalued or undervalued. This is a case where it is determined that the monitored value of the stock has reached the upper or lower threshold, and the customer owns a stock that has been determined to be expensive among the pair stocks. And Each order data of the buy order of the determined brand and became a sell order and the cheaper of the constant has been brand can be created.

  For this reason, instead of building both buy and sell at the same time as a pair trade, each stock price (each index value) or adjustment of a pair stock composed of two replacement subject stocks out of a plurality of replacement subject stocks Pay attention to the difference value or ratio value of the adjusted stock price (adjusted index value) multiplied by the coefficient, and when the difference value or ratio value satisfies the setting condition by the customer, the order of sell order and buy order Since data is created and the brands held by customers are exchanged, it is possible to conduct spot transactions and provide a suitable trading method for customers who want to avoid the use of margin transactions and futures transactions.

In addition, when the replacement target brands are three or more (N brands), each of a plurality of (usually _{two N} C) pair brands composed of two of the N brands, The monitoring target value calculation processing by the monitoring target value calculation processing means 25 and the monitoring processing of the arrival of the monitoring target value to the upper or lower threshold value by the replacement line arrival monitoring processing means 26 are performed. Stocks that are in a bad state, that is, stocks at the optimal purchase time, can be automatically extracted and transferred to the stocks that have been extracted, and the optimal replacement of the stocks held by the customer can be realized without the effort of the customer. be able to.

  In addition, if there are 3 or more issues to be replaced, there will be more than one replacement candidate for the transfer issue, and all of the issues that are candidates for transfer will be transferred to all issues. Since the transfer timing is monitored, it is possible to realize a transfer in a short period of time compared to the case where there are two issues to be exchanged, that is, when there is only one issue to be exchanged as a candidate for exchange.

  Moreover, since the trading processing system 10 includes the replacement line change processing means 24 and is configured to automatically change the upper threshold value and the lower threshold value (see FIG. 8), the upper threshold value and the lower threshold value are set. Since it can be corrected to an appropriate value at each time point, it is possible to extract the replacement target brand at the transfer destination at a more appropriate timing.

  Further, the trading processing system 10 includes a replacement target issue / replacement line setting processing means 22, accepts an input designation by a customer for one replacement target issue among a plurality of replacement target issues, and for the remaining replacement issue issues Since it is configured to automatically select by regression analysis or correlation coefficient calculation, it is possible to reduce the trouble of customer input and judgment, as well as the issue that the customer has similar properties, that is, similar A plurality of replacement target brands can be easily selected without having knowledge about brands that vary in stock price (index value), brands belonging to the same category, or investment experience.

  The replacement target issue / replacement line setting processing means 22 accepts input designation by the customer for one replacement target issue, and the remaining issues to be automatically selected for the remaining replacement issue issues by regression analysis or correlation coefficient calculation. Since either one of automatic selection processing and all brand designation acceptance processing that accepts input designation by the customer for all brands of a plurality of replacement target brands is executed according to the customer's selection ( As shown in FIG. 10, the degree of freedom of the customer's selection can be increased when setting the replacement brand, and a system that is more convenient for the customer can be realized.

  Moreover, since the trading processing system 10 includes the replacement target brand change processing unit 23, the replacement target brand can be automatically changed. For this reason, even if the correlation between the selected multiple replacement stocks changes over time, and the correlation weakens, the automatic change of the replacement target stock will cause the multiple replacement stocks to be correlated. Higher stocks can be kept, more appropriate stock transfers can be realized, and the replacement stocks are automatically changed, reducing the need for customer input and judgment. Therefore, even if a customer has little knowledge or experience about investment, the replacement target brand can be changed.

  Furthermore, since the trading processing system 10 includes the replacement target brand change processing unit 23, it is possible to accept an input of addition, change, or deletion of the replacement target brand by the customer. For this reason, over time, the correlation between selected replacement issues changes, and when the correlation weakens, or when you want to increase or decrease the number of replacement issues, The customer can freely add, change, or delete the replacement-target brand, thereby improving convenience for the customer and realizing more appropriate brand transfer.

  The stock replacement execution processing means 27 is configured not to perform order data creation processing when the monitored value rapidly rises or falls and reaches the upper or lower threshold value. Thus, it is possible to avoid an inconvenient situation such as placing a purchase order when the stock price (index value) drops sharply.

  In addition, since the stock replacement execution processing means 27 is configured not to perform the third order data creation process when the reverse trading is repeated for the same replacement target stock on the same day, the stock replacement processing means 27 It is possible to avoid prohibited payment settlements. In other words, stocks that have been purchased and sold once on the same day are excluded if there is room for purchase, but should not be bought anymore on that day, or sold and purchased once on the same day. The issue can be processed in accordance with a rule that prohibits the difference settlement that it should no longer be sold that day.

  Furthermore, since the replacement target brand / replacement line setting processing means 22 is configured to automatically calculate and determine an adjustment coefficient to be multiplied by the stock price (index value), the level of each stock price (each index value) of the pair stock Even when the values are greatly different, it is possible to calculate the difference value as the monitoring target value after aligning the levels. For this reason, it is possible to set a more appropriate difference value for each stock price (each index value) of the pair stock and perform more appropriate monitoring. That is, it is possible to avoid inconvenience that the stock price (index value) having a higher level is more greatly affected by the fluctuation. In addition, since the adjustment coefficient is automatically calculated and determined, it is possible to reduce the trouble of customer input and the time of judgment.

  Further, the replacement target issue / replacement line setting processing means 22 can execute the remaining issue automatic selection processing by regression analysis and determine the regression coefficient obtained by this regression analysis as the adjustment coefficient (customer Depending on the request of the system or the setting of the system administrator), even when the level of each stock price (each index value) of the paired stocks is greatly different, the difference value as the monitored value is calculated after aligning the levels can do. For this reason, it is possible to set a more appropriate difference value for each stock price (each index value) of the pair stock and perform more appropriate monitoring. That is, it is possible to avoid inconvenience that the stock price (index value) having a higher level is more greatly affected by the fluctuation. In addition, since the adjustment coefficient is automatically determined using the regression coefficient obtained by the regression analysis, it is possible to reduce the trouble of input and judgment by 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 embodiment, the index value indicating the value of the financial product is a stock price, but the index value in the present invention is not limited to the stock price, for example, an exchange rate in a foreign exchange transaction or the like. May be. Specifically, the exchange rate itself is a ratio value, but a difference value or an adjustment difference value can be adopted as a monitoring target value as follows.

  For example, if the value to be monitored is a simple difference value, if 1 dollar (US dollar) = 90 yen, 1 euro = 130 yen, 1 pound = 140 yen, the dollar (US dollar) is the first issue and the euro For the paired stocks with the second stock as the second stock, the monitoring target value = 90 yen-130 yen = -40 yen, and for the pair stocks with the euro as the first stock and the pound as the second stock, the monitoring target value = 130 Yen−140 yen = −10 yen, and for a pair brand with the pound as the first brand and the dollar (US dollar) as the second brand, the monitoring target value = 140 yen−90 yen = 50 yen.

  These yen-converted values for dollars (US dollars), euros, and pounds are originally ratio values in relation to the yen, but if the monitored value is the ratio value, In this way, the value of the ratio between these exchange rates can be calculated. For paired stocks with the dollar (US dollar) as the first stock and the euro as the second stock, the monitored value = 90 yen / 130 yen = 0.692, the euro as the first stock and the pound as the second stock For paired stocks, the monitored value = 130 yen / 140 yen = 0.929, and for the paired stocks with the pound as the first brand and the dollar (US dollar) as the second brand, the monitored value = 140 yen / 90 yen = 1.556.

  When the monitoring target value is a ratio value, the exchange rate itself can be used as the monitoring target value. That is, in the above example, the value of the value ratio of the currency between the two countries is calculated through the value of the currency of the third country (in the above example, the yen) and is used as the monitoring target value. When the exchange rate data indicating the value ratio between the currencies can be acquired, the exchange rate itself may be the monitoring target value as follows. For example, if the exchange rate itself of 1 dollar (US dollar) = 90 yen, 1 pound = 1.556 dollar (US dollar), 1 pound = 140 yen is used as it is, the dollar is the first issue and the yen is the second issue. For paired stocks, the monitoring target value is 90, and for the paired stocks where the pound is the first stock and dollar (US dollar) is the second stock, the monitored value is 1.556, and the pound is the first stock, The monitoring target value = 140 is obtained for the pair brand having the yen as the second brand.

  As described above, the trading processing system, the method thereof, and the program of the present invention are suitable for use in handling trading processing of stocks of a plurality of brands, for example.

DESCRIPTION OF SYMBOLS 10 Trading processing system 22 Replacement object brand / replacement line setting processing means 23 Replacement object brand change processing means 24 Replacement line change processing means 25 Monitoring target value calculation processing means 26 Replacement line arrival monitoring processing means 27 Brand replacement execution processing means 30 Index value Stock database 31 which is a database 31 Stocks to be exchanged and replacement line database 32 Owned stock database

Claims (9)

A trading processing system configured by a computer that executes trading processing of a plurality of brands of financial products,
An index value database for storing an index value indicating the price or other value magnitude of each stock of the financial product in association with stock identification information for each stock of the financial product;
A stock database that stores stock identification information about stocks of financial products held by customers in association with customer identification information;
The brand identification information for a plurality of replacement target brands selected by the customer is stored in association with the customer identification information, and at least one set of two replacement target brands among the plurality of replacement target brands is stored. The upper threshold for determining whether the first and second brands are overvalued / undervalued with respect to the monitoring target value calculated using the index values of the first and second brands constituting the paired brand. And the lower threshold value are stored in association with the pair brand identification information for the pair brand or each brand identification information for the first brand and the second brand constituting the pair brand, and the customer identification information. Brand / replacement line database,
A difference value obtained by subtracting the index value of the second brand from the index value of the first brand, using the index values of the first brand and the second brand constituting the pair brand stored in the index value database; The difference value obtained by subtracting the index value of the second brand from the adjusted index value of the first brand, which is obtained by multiplying the index value of the first brand by the adjustment coefficient. From the index value of the first brand to the index value of the second brand The difference value obtained by subtracting the adjusted index value of the second issue multiplied by the adjustment factor, the second issue from the adjusted index value of the first issue obtained by multiplying the index value of the first issue by the first adjustment factor. From the difference value obtained by subtracting the adjusted index value of the second issue multiplied by the second adjustment factor or the ratio value obtained by dividing the first issue by the second issue Monitoring target value calculation processing means for executing a process of calculating the monitoring target value for each of the pair brands,
The monitoring target value of the pair symbol calculated by the monitoring target value calculation processing means is equal to or higher than the upper threshold value of the pair symbol stored in the replacement target symbol / replacement line database, or the upper symbol An upper replacement line arrival monitoring process for determining whether or not the first issue has become expensive relative to the second issue by determining whether or not the threshold value has been exceeded, and the monitoring target of the pair issue By determining whether or not the value is less than or less than the lower threshold of the pair symbol stored in the replacement target issue / replacement line database, the first issue is compared to the second issue. A replacement line arrival monitoring processing means for repeatedly executing a lower replacement line arrival monitoring process for determining whether or not it is cheap;
In the upper replacement line arrival monitoring process by the replacement line arrival monitoring processing means, it is determined that the monitoring target value is equal to or higher than the upper threshold value or exceeds the upper threshold value, and the pair When the brand identification information about the first brand constituting the brand is stored in the holding brand database in association with the customer identification information of the target customer, the selling order of the first brand constituting the pair brand And processing for creating each order data of the purchase order of the second issue, and in the lower replacement line arrival monitoring process by the replacement line arrival monitoring processing means, the monitored value is equal to or lower than the lower threshold value Or the brand identification information of the second brand constituting the pair brand is related to the customer identification information of the target customer. If the put is in stored in the holdings database, and stock replacement execution means executes the processing to create each order data buy orders of sell orders and the first brand of the second grade,
Using each index value of the most recent period of the predetermined length of the pair brand stored in the index value database, the monitoring target value of the pair brand is the replacement target brand during the most recent period. -The above-mentioned threshold stored in the replacement line database is greater than or equal to the upper threshold value or exceeds the upper threshold value, or is stored in the replacement target brand / replacement line database. It is determined whether or not the state of being below or below the lower threshold of the pair stock is continued, and if so, the pair stock stored in the replacement subject stock / replacement line database A process of changing the upper threshold value and the lower threshold value so that the current value of the monitored value of the pair symbol is at the center of the width while maintaining the width between the threshold values. Trading processing system is characterized in that a replacement line change processing means for line. A trading processing system configured by a computer that executes trading processing of a plurality of brands of financial products,
An index value database for storing an index value indicating the price or other value magnitude of each stock of the financial product in association with stock identification information for each stock of the financial product;
A stock database that stores stock identification information about stocks of financial products held by customers in association with customer identification information;
The brand identification information for a plurality of replacement target brands selected by the customer is stored in association with the customer identification information, and at least one set of two replacement target brands among the plurality of replacement target brands is stored. The upper threshold for determining whether the first and second brands are overvalued / undervalued with respect to the monitoring target value calculated using the index values of the first and second brands constituting the paired brand. And the lower threshold value are stored in association with the pair brand identification information for the pair brand or each brand identification information for the first brand and the second brand constituting the pair brand, and the customer identification information. Brand / replacement line database,
A difference value obtained by subtracting the index value of the second brand from the index value of the first brand, using the index values of the first brand and the second brand constituting the pair brand stored in the index value database; The difference value obtained by subtracting the index value of the second brand from the adjusted index value of the first brand, which is obtained by multiplying the index value of the first brand by the adjustment coefficient. From the index value of the first brand to the index value of the second brand The difference value obtained by subtracting the adjusted index value of the second issue multiplied by the adjustment factor, the second issue from the adjusted index value of the first issue obtained by multiplying the index value of the first issue by the first adjustment factor. From the difference value obtained by subtracting the adjusted index value of the second issue multiplied by the second adjustment factor or the ratio value obtained by dividing the first issue by the second issue Monitoring target value calculation processing means for executing a process of calculating the monitoring target value for each of the pair brands,
The monitoring target value of the pair symbol calculated by the monitoring target value calculation processing means is equal to or higher than the upper threshold value of the pair symbol stored in the replacement target symbol / replacement line database, or the upper symbol An upper replacement line arrival monitoring process for determining whether or not the first issue has become expensive relative to the second issue by determining whether or not the threshold value has been exceeded, and the monitoring target of the pair issue By determining whether or not the value is less than or less than the lower threshold of the pair symbol stored in the replacement target issue / replacement line database, the first issue is compared to the second issue. A replacement line arrival monitoring processing means for repeatedly executing a lower replacement line arrival monitoring process for determining whether or not it is cheap;
In the upper replacement line arrival monitoring process by the replacement line arrival monitoring processing means, it is determined that the monitoring target value is equal to or higher than the upper threshold value or exceeds the upper threshold value, and the pair When the brand identification information about the first brand constituting the brand is stored in the holding brand database in association with the customer identification information of the target customer, the selling order of the first brand constituting the pair brand And processing for creating each order data of the purchase order of the second issue, and in the lower replacement line arrival monitoring process by the replacement line arrival monitoring processing means, the monitored value is equal to or lower than the lower threshold value Or the brand identification information of the second brand constituting the pair brand is related to the customer identification information of the target customer. If the put is in stored in the holdings database, and stock replacement execution means executes the processing to create each order data buy orders of sell orders and the first brand of the second grade,
A replacement target brand / replacement line setting processing means for executing processing for receiving selection input of the plurality of replacement target brands by the customer, and setting input of the upper threshold value and the lower threshold value,
This replacement target issue / replacement line setting processing means is:
The input designation by the customer for one replacement target brand among the plurality of replacement target brands is accepted, and stored in the index value database as a brand having a property similar to the one designated for replacement. By performing regression analysis using the index value of each brand, a brand having a high correlation with the one input target brand specified by the input is determined, or the index of each brand stored in the index value database Using the value, the correlation coefficient with the one replacement target brand specified by the input is calculated and a brand with a large correlation coefficient is selected, so that the remaining replacement target brands of the plurality of replacement target brands are selected. Is automatically selected, and the brand identification information about one replacement target brand input and designated by the customer and the remaining automatically selected brands to be replaced are set as the customer identification information. Trading processing system characterized by being configured to execute the remaining stock automatic selection process of storing the target brand-replacement line database replacement the association. The replacement target brand / replacement line setting processing means includes:
The remaining stock automatic selection process;
Accepting input designation by the customer for all of the plurality of replacement target issues, and associating the identification identification information for the plurality of replacement target issues with the customer identification information with the replacement target issue / replacement line database The trading processing system according to claim 2 , wherein one of the all brand designation receiving processing stored in the processing is executed according to a customer's selection. A trading processing system configured by a computer that executes trading processing of a plurality of brands of financial products,
An index value database for storing an index value indicating the price or other value magnitude of each stock of the financial product in association with stock identification information for each stock of the financial product;
A stock database that stores stock identification information about stocks of financial products held by customers in association with customer identification information;
The brand identification information for a plurality of replacement target brands selected by the customer is stored in association with the customer identification information, and at least one set of two replacement target brands among the plurality of replacement target brands is stored. The upper threshold for determining whether the first and second brands are overvalued / undervalued with respect to the monitoring target value calculated using the index values of the first and second brands constituting the paired brand. And the lower threshold value are stored in association with the pair brand identification information for the pair brand or each brand identification information for the first brand and the second brand constituting the pair brand, and the customer identification information. Brand / replacement line database,
A difference value obtained by subtracting the index value of the second brand from the index value of the first brand, using the index values of the first brand and the second brand constituting the pair brand stored in the index value database; The difference value obtained by subtracting the index value of the second brand from the adjusted index value of the first brand, which is obtained by multiplying the index value of the first brand by the adjustment coefficient. From the index value of the first brand to the index value of the second brand The difference value obtained by subtracting the adjusted index value of the second issue multiplied by the adjustment factor, the second issue from the adjusted index value of the first issue obtained by multiplying the index value of the first issue by the first adjustment factor. From the difference value obtained by subtracting the adjusted index value of the second issue multiplied by the second adjustment factor or the ratio value obtained by dividing the first issue by the second issue Monitoring target value calculation processing means for executing a process of calculating the monitoring target value for each of the pair brands,
The monitoring target value of the pair symbol calculated by the monitoring target value calculation processing means is equal to or higher than the upper threshold value of the pair symbol stored in the replacement target symbol / replacement line database, or the upper symbol An upper replacement line arrival monitoring process for determining whether or not the first issue has become expensive relative to the second issue by determining whether or not the threshold value has been exceeded, and the monitoring target of the pair issue By determining whether or not the value is less than or less than the lower threshold of the pair symbol stored in the replacement target issue / replacement line database, the first issue is compared to the second issue. A replacement line arrival monitoring processing means for repeatedly executing a lower replacement line arrival monitoring process for determining whether or not it is cheap;
In the upper replacement line arrival monitoring process by the replacement line arrival monitoring processing means, it is determined that the monitoring target value is equal to or higher than the upper threshold value or exceeds the upper threshold value, and the pair When the brand identification information about the first brand constituting the brand is stored in the holding brand database in association with the customer identification information of the target customer, the selling order of the first brand constituting the pair brand And processing for creating each order data of the purchase order of the second issue, and in the lower replacement line arrival monitoring process by the replacement line arrival monitoring processing means, the monitored value is equal to or lower than the lower threshold value Or the brand identification information of the second brand constituting the pair brand is related to the customer identification information of the target customer. If the put is in stored in the holdings database, and stock replacement execution means executes the processing to create each order data buy orders of sell orders and the first brand of the second grade,
For the plurality of replacement target issues, comprising replacement target issue change processing means for executing a process of changing the replacement target issue,
This replacement target issue change processing means,
By performing a regression analysis using the index value of each brand stored in the index value database or calculating a correlation coefficient, the correlation between the multiple brands to be replaced and the plurality of swap targets Judgment of correlation between issues and other issues, and when the issue identification information about the issue subject to replacement is not stored in the holding issue database in association with the customer identification information of the target customer Is to delete the weakly correlated replacement target stock, change the replacement target stock to another highly correlated stock, and the stock identification information for multiple replacement target stocks in the changed state, asset accounts cis, characterized by being configured to execute the target brand automatic change processing replacement to be stored in said association with the customer identifying information replacement target brand-replacement line database Beam. A trading processing system configured by a computer that executes trading processing of a plurality of brands of financial products,
An index value database for storing an index value indicating the price or other value magnitude of each stock of the financial product in association with stock identification information for each stock of the financial product;
A stock database that stores stock identification information about stocks of financial products held by customers in association with customer identification information;
The brand identification information for a plurality of replacement target brands selected by the customer is stored in association with the customer identification information, and at least one set of two replacement target brands among the plurality of replacement target brands is stored. The upper threshold for determining whether the first and second brands are overvalued / undervalued with respect to the monitoring target value calculated using the index values of the first and second brands constituting the paired brand. And the lower threshold value are stored in association with the pair brand identification information for the pair brand or each brand identification information for the first brand and the second brand constituting the pair brand, and the customer identification information. Brand / replacement line database,
A difference value obtained by subtracting the index value of the second brand from the index value of the first brand, using the index values of the first brand and the second brand constituting the pair brand stored in the index value database; The difference value obtained by subtracting the index value of the second brand from the adjusted index value of the first brand, which is obtained by multiplying the index value of the first brand by the adjustment coefficient. From the index value of the first brand to the index value of the second brand The difference value obtained by subtracting the adjusted index value of the second issue multiplied by the adjustment factor, the second issue from the adjusted index value of the first issue obtained by multiplying the index value of the first issue by the first adjustment factor. From the difference value obtained by subtracting the adjusted index value of the second issue multiplied by the second adjustment factor or the ratio value obtained by dividing the first issue by the second issue Monitoring target value calculation processing means for executing a process of calculating the monitoring target value for each of the pair brands,
The monitoring target value of the pair symbol calculated by the monitoring target value calculation processing means is equal to or higher than the upper threshold value of the pair symbol stored in the replacement target symbol / replacement line database, or the upper symbol An upper replacement line arrival monitoring process for determining whether or not the first issue has become expensive relative to the second issue by determining whether or not the threshold value has been exceeded, and the monitoring target of the pair issue By determining whether or not the value is less than or less than the lower threshold of the pair symbol stored in the replacement target issue / replacement line database, the first issue is compared to the second issue. A replacement line arrival monitoring processing means for repeatedly executing a lower replacement line arrival monitoring process for determining whether or not it is cheap;
In the upper replacement line arrival monitoring process by the replacement line arrival monitoring processing means, it is determined that the monitoring target value is equal to or higher than the upper threshold value or exceeds the upper threshold value, and the pair When the brand identification information about the first brand constituting the brand is stored in the holding brand database in association with the customer identification information of the target customer, the selling order of the first brand constituting the pair brand And processing for creating each order data of the purchase order of the second issue, and in the lower replacement line arrival monitoring process by the replacement line arrival monitoring processing means, the monitored value is equal to or lower than the lower threshold value Or the brand identification information of the second brand constituting the pair brand is related to the customer identification information of the target customer. If the put is in stored in the holdings database, and a stock replacement execution means executes the processing to create each order data buy orders of sell orders and the first brand of the second brand ,
This stock replacement execution processing means is:
Using each index value of the pair brand stored in the index value database, the monitoring target value of the pair brand suddenly rises at a speed higher than a predetermined rising speed or at a speed exceeding the rising speed. When the upper threshold value is exceeded or exceeded, or when the upper threshold value is exceeded, or when the speed falls more than a predetermined falling speed or exceeds the falling speed, it falls below or below the lower threshold. It is judged whether it corresponds to the case where it corresponds, and when it corresponds to these, it is set as the structure which does not perform the preparation process of the said order data, The trading processing system characterized by the above-mentioned . A trading processing system configured by a computer that executes trading processing of a plurality of brands of financial products,
An index value database for storing an index value indicating the price or other value magnitude of each stock of the financial product in association with stock identification information for each stock of the financial product;
A stock database that stores stock identification information about stocks of financial products held by customers in association with customer identification information;
The brand identification information for a plurality of replacement target brands selected by the customer is stored in association with the customer identification information, and at least one set of two replacement target brands among the plurality of replacement target brands is stored. The upper threshold for determining whether the first and second brands are overvalued / undervalued with respect to the monitoring target value calculated using the index values of the first and second brands constituting the paired brand. And the lower threshold value are stored in association with the pair brand identification information for the pair brand or each brand identification information for the first brand and the second brand constituting the pair brand, and the customer identification information. Brand / replacement line database,
A difference value obtained by subtracting the index value of the second brand from the index value of the first brand, using the index values of the first brand and the second brand constituting the pair brand stored in the index value database; The difference value obtained by subtracting the index value of the second brand from the adjusted index value of the first brand, which is obtained by multiplying the index value of the first brand by the adjustment coefficient. From the index value of the first brand to the index value of the second brand The difference value obtained by subtracting the adjusted index value of the second issue multiplied by the adjustment factor, the second issue from the adjusted index value of the first issue obtained by multiplying the index value of the first issue by the first adjustment factor. From the difference value obtained by subtracting the adjusted index value of the second issue multiplied by the second adjustment factor or the ratio value obtained by dividing the first issue by the second issue Monitoring target value calculation processing means for executing a process of calculating the monitoring target value for each of the pair brands,
The monitoring target value of the pair symbol calculated by the monitoring target value calculation processing means is equal to or higher than the upper threshold value of the pair symbol stored in the replacement target symbol / replacement line database, or the upper symbol An upper replacement line arrival monitoring process for determining whether or not the first issue has become expensive relative to the second issue by determining whether or not the threshold value has been exceeded, and the monitoring target of the pair issue By determining whether or not the value is less than or less than the lower threshold of the pair symbol stored in the replacement target issue / replacement line database, the first issue is compared to the second issue. A replacement line arrival monitoring processing means for repeatedly executing a lower replacement line arrival monitoring process for determining whether or not it is cheap;
In the upper replacement line arrival monitoring process by the replacement line arrival monitoring processing means, it is determined that the monitoring target value is equal to or higher than the upper threshold value or exceeds the upper threshold value, and the pair When the brand identification information about the first brand constituting the brand is stored in the holding brand database in association with the customer identification information of the target customer, the selling order of the first brand constituting the pair brand And processing for creating each order data of the purchase order of the second issue, and in the lower replacement line arrival monitoring process by the replacement line arrival monitoring processing means, the monitored value is equal to or lower than the lower threshold value Or the brand identification information of the second brand constituting the pair brand is related to the customer identification information of the target customer. If the put is in stored in the holdings database, and stock replacement execution means executes the processing to create each order data buy orders of sell orders and the first brand of the second grade,
An order database for storing the order data created by the brand replacement execution processing means in association with the customer identification information;
The brand replacement execution processing means includes:
With reference to the order data stored in the order database in association with the customer identification information of the target customer, order data is created in the order of buy, sell, buy on the same day for the same replacement target issue In this case, the order data for the third buy is not created, and the order data is created in the order of sell, buy, and sell. A buying and selling processing system characterized in that the creation processing is not performed . A trading processing system configured by a computer that executes trading processing of a plurality of brands of financial products,
An index value database for storing an index value indicating the price or other value magnitude of each stock of the financial product in association with stock identification information for each stock of the financial product;
A stock database that stores stock identification information about stocks of financial products held by customers in association with customer identification information;
The brand identification information for a plurality of replacement target brands selected by the customer is stored in association with the customer identification information, and at least one set of two replacement target brands among the plurality of replacement target brands is stored. The upper threshold for determining whether the first and second brands are overvalued / undervalued with respect to the monitoring target value calculated using the index values of the first and second brands constituting the paired brand. And the lower threshold value are stored in association with the pair brand identification information for the pair brand or each brand identification information for the first brand and the second brand constituting the pair brand, and the customer identification information. Brand / replacement line database,
A difference value obtained by subtracting the index value of the second brand from the index value of the first brand, using the index values of the first brand and the second brand constituting the pair brand stored in the index value database; The difference value obtained by subtracting the index value of the second brand from the adjusted index value of the first brand, which is obtained by multiplying the index value of the first brand by the adjustment coefficient. From the index value of the first brand to the index value of the second brand The difference value obtained by subtracting the adjusted index value of the second issue multiplied by the adjustment factor, the second issue from the adjusted index value of the first issue obtained by multiplying the index value of the first issue by the first adjustment factor. From the difference value obtained by subtracting the adjusted index value of the second issue multiplied by the second adjustment factor or the ratio value obtained by dividing the first issue by the second issue Monitoring target value calculation processing means for executing a process of calculating the monitoring target value for each of the pair brands,
The monitoring target value of the pair symbol calculated by the monitoring target value calculation processing means is equal to or higher than the upper threshold value of the pair symbol stored in the replacement target symbol / replacement line database, or the upper symbol An upper replacement line arrival monitoring process for determining whether or not the first issue has become expensive relative to the second issue by determining whether or not the threshold value has been exceeded, and the monitoring target of the pair issue By determining whether or not the value is less than or less than the lower threshold of the pair symbol stored in the replacement target issue / replacement line database, the first issue is compared to the second issue. A replacement line arrival monitoring processing means for repeatedly executing a lower replacement line arrival monitoring process for determining whether or not it is cheap;
In the upper replacement line arrival monitoring process by the replacement line arrival monitoring processing means, it is determined that the monitoring target value is equal to or higher than the upper threshold value or exceeds the upper threshold value, and the pair When the brand identification information about the first brand constituting the brand is stored in the holding brand database in association with the customer identification information of the target customer, the selling order of the first brand constituting the pair brand And processing for creating each order data of the purchase order of the second issue, and in the lower replacement line arrival monitoring process by the replacement line arrival monitoring processing means, the monitored value is equal to or lower than the lower threshold value Or the brand identification information of the second brand constituting the pair brand is related to the customer identification information of the target customer. If the put is in stored in the holdings database, and stock replacement execution means executes the processing to create each order data buy orders of sell orders and the first brand of the second grade,
A replacement target brand / replacement line setting processing means for executing processing for receiving selection input of the plurality of replacement target brands by the customer, and setting input of the upper threshold value and the lower threshold value,
This replacement target issue / replacement line setting processing means is:
In the case where the difference value obtained by subtracting the index value of the second brand from the adjusted index value of the first brand obtained by multiplying the index value of the first brand by the adjustment coefficient is used as the monitoring target value of the pair brand. The average value of the past values of the index values of the first brand over a certain period using the index values of the first brand and the second brand constituting the pair brand stored in the index value database as the adjustment coefficient A process of calculating and determining so that a value obtained by multiplying the adjustment coefficient by the average value of the past values of the index values of the second brand in a certain period of time,
In the case of using the difference value obtained by subtracting the adjusted index value of the second brand obtained by multiplying the index value of the second brand by the adjustment coefficient from the index value of the first brand as the monitoring target value of the paired brand The average value of the past values of the index values of the first brand over a certain period using the index values of the first brand and the second brand constituting the pair brand stored in the index value database as the adjustment coefficient And a process of calculating and determining so that a value obtained by multiplying an average value of past index values of the second brand in a certain period by the adjustment coefficient,
Alternatively, as the monitoring target value of the paired brand, the second adjustment coefficient is changed from the adjusted index value of the first brand obtained by multiplying the index value of the first brand by the first adjustment coefficient to the index value of the second brand. The first and second adjustment factors in the case where the difference value obtained by subtracting the adjusted index value of the second issue multiplied by the first and second adjustment coefficients is used to form the first pair of the pair issues stored in the index value database. Using the index values of the brand and the second brand, a value obtained by multiplying the average value of the index values of the first brand for a certain period by the first adjustment coefficient and the second brand for a certain period A process of calculating and determining so that a value obtained by multiplying the average value of the past values of the index values by the second adjustment coefficient is equal,
The replacement coefficient is calculated by associating the calculated coefficient for adjustment with the paired brand identification information for the paired brand or the respective brand identification information for the first and second brands constituting the paired brand, and the customer identification information. A trading processing system characterized by being configured to execute processing stored in a target brand / replacement line database . The replacement target brand / replacement line setting processing means includes:
By performing regression analysis using the index value of one replacement target issue specified by the customer as the objective variable, when the remaining replacement issue issues are automatically selected from the plurality of replacement issue issues, The regression coefficient constituting the regression equation obtained by the regression analysis using the selected index value of the remaining replacement target stock as an explanatory variable is used to calculate the remaining replacement target stock when calculating the monitoring target value of the pair stock. The adjustment coefficient to be multiplied by the index value is determined, and the determined adjustment coefficient is associated with the pair brand identification information for the pair brand or the brand identification information for the remaining replacement brand, and the customer identification information. The transaction processing system according to claim 2 , wherein a process of storing in the replacement target issue / replacement line database is executed. A program for causing a computer to function as the transaction processing system according to any one of claims 1 to 8 .

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