JP5480190B2 - Securities trading system - Google Patents

Description

  The present invention relates to a securities trading system such as derivatives or stocks, and more particularly to a securities trading system that can reduce the expiration of orders and increase the possibility of execution.

[Conventional technology]
In the stock exchange derivative trading system, when a market order is placed and part of the order is executed, the remaining order remains in the market and is additionally executed.
However, for example, in the derivative trading system for the next Osaka Securities Exchange, if a portion of a market order is executed, the rest will expire immediately.

[Related technologies]
As related prior art documents, there is JP-A-2004-192660 “Condition condition automatic setting system and condition automatic setting method attached to trading order” (Kabu.com Securities Co., Ltd.) [Patent Document 1].

  Patent Document 1 monitors the market price by setting a condition for determining an order condition with a trigger 1 for an order from a customer terminal. When the final condition is satisfied, the order condition is confirmed with a trigger 2 and the market price is monitored. When the ordering conditions are fulfilled, it is shown that a confirmed order is placed from the ordering system.

JP 2004-192660 A

  However, in the conventional system that expires immediately when a part of the market order remains, there is only one opportunity to execute the market order, and the order is entered again in order to execute the contract that has not been executed. There was a problem that it was necessary and time-consuming to complete the contract.

  The present invention has been made in view of the above circumstances, and in a system where all the market orders are not filled and expires when the market orders remain, the possibility of re-ordering the expired orders is possible. It is an object to provide a securities trading system that can enhance

  The present invention for solving the problems of the above-mentioned conventional example is a securities trading system having a securities trading server for executing market order data from a customer on an exchange system, and the securities trading server executes a computer program. Ordering means to send market order data from the customer to the exchange system for order processing, and to store the orders not fulfilled by the exchange system in the pending order data table as pending order data If the board information is received from the data holding means and the board information is received from the exchange system and the brand stored in the pending order data table is in the board information, the board information judging means for notifying the brand and the pending order for the notified brand. The pending order data stored in the data table is sent to the exchange system for re-ordering. From the pending order data table And having a re-ordering means for deleting or disabling pending order data related orders.

  The present invention provides a securities trading system in which the securities trading server executes a computer program and implements a condition setting means for setting conditions for reordering pending order data, and a set condition. And a condition determining means for causing the reordering means to reorder the pending order data.

  In the securities trading system, the securities trading server executes the computer program as a means for realizing, when the condition for invalidating the pending order data becomes the condition setting means and the set condition, It has a condition determining means for deleting or invalidating the pending order data from the pending order data table and invalidating the pending order data.

  In the securities trading system according to the present invention, the condition setting means sets the brand and quantity in the condition setting table as conditions for reordering the pending order data, and the condition determination means sets the brand set in the condition setting table. When the order quantity in the board information is equal to or greater than the above quantity, the reorder means reorders.

  In the securities trading system according to the present invention, the condition setting means sets the brand, quantity, and amount of buying and selling in the condition setting table as conditions for reordering the pending order data, and the condition determining means sets in the condition setting table. When the amount calculated from the order quantity in the plate information of the brand name and the current value of the securities of the brand is equal to or greater than the trading amount, the reordering means is made to reorder.

  According to the present invention, in the above securities trading system, the condition setting means sets a contract amount and / or contract total amount for each brand of the market order ordered or reordered in the condition setting table as a condition for invalidating the pending order data. The condition determination means is characterized in that when the marketed order that has been placed or reordered satisfies the conditions set in the condition setting table, the pending order data that remains is expired.

  According to the present invention, in the securities trading system, the condition setting means sets a brand and a specific price in the condition setting table as conditions for invalidating the pending order data, and the condition determination means is set in the condition setting table. The pending order data is invalidated when the price in the brand information of the brand exceeds a specific price.

  According to the present invention, in the securities trading system, the condition setting unit sets the brand, quantity, date, and time in the condition setting table as conditions for invalidating the pending order data, and the condition determining unit is set in the condition setting table. When the current date and time are reached, the pending order data corresponding to the quantity of the brand set in the condition setting table is invalidated.

  According to the present invention, in the securities trading system, the condition setting unit sets the brand, quantity, date, and time in the condition setting table as conditions for invalidating the pending order data, and the condition determining unit is set in the condition setting table. When the quantity of the brand set in the condition setting table is executed before the date and time of the current date and time, the remaining pending order data is invalidated.

  In the securities trading system according to the present invention, the condition setting means sets the brand, quantity, date and time in the condition setting table as conditions for reordering the pending order data, and the condition determining means sets in the condition setting table. When the current date and time are reached, the reordering unit is caused to reorder the pending order data for the quantity of the brand set in the condition setting table.

  According to the present invention, the stock transaction server transmits the market order data from the customer to the exchange system and performs the order processing, and the order that has not been executed by the exchange system is held as the pending order data. Revocation data holding means to be stored in the table, and board information determining means for receiving the board information from the exchange system and notifying the brand if the brand stored in the pending order data table is in the board information. A reordering unit that transmits the pending order data stored in the pending order data table to the exchange system for re-ordering, and deletes or invalidates the pending order data related to the reordering from the pending order data table. Since it is a securities trading system, this is a system that expires when all market orders are not fulfilled and market orders remain. And re-ordering the order of forfeitures there is an effect that it is possible to increase the possibility of the contract.

  According to the present invention, the securities trading server sets the condition setting means for setting the condition for reordering the pending order data, and causes the reordering means to reorder the pending order data when the set condition is met. Since the securities transaction system has the condition judging means, it is possible to re-order under the set conditions, and there is an effect that the convenience of the customer can be improved.

  According to the present invention, the securities trading server deletes or invalidates the pending order data from the pending order data table when the conditions for invalidating the pending order data become the condition setting means and the set conditions. Since the securities trading system has a condition determining means for invalidating the pending order data, the pending order data can be invalidated under the set conditions, and the convenience of the customer can be improved.

1 is a schematic diagram of a securities trading system according to an embodiment of the present invention. It is a figure which shows the outline | summary of the securities reordering process which concerns on embodiment of this invention. It is the schematic of a pending order data table. It is a flowchart which shows the securities reordering process of the securities trading server 1. 12 is a schematic diagram of a condition setting table showing an application example 1. FIG. 10 is a schematic diagram of a condition setting table showing an application example 2. FIG. It is the schematic of the condition setting table which shows the application example 3. FIG. It is the schematic of the condition setting table which shows the application example 4. FIG.

Embodiments of the present invention will be described with reference to the drawings.
[1. Outline of Embodiment]
In the securities trading system according to the embodiment of the present invention, when a market order placed on the exchange system is not executed and the market order remains and expires, the securities trading server holds the expired order data as a pending order. Data is temporarily stored in the pending order data table, and when buying and selling board information is received from the exchange system, it is determined whether the board information brand is in the pending order data table, and the board information brand is included in the table. For example, the pending order data of the brand is reordered, and reordering is performed according to the board information from the exchange system, so that the possibility of execution can be increased.

  In the securities trading system according to the embodiment of the present invention, the securities trading server deletes the pending order data stored in the pending order data table from the pending order data table according to the conditions set by the customer and invalidates the pending order data. Therefore, usability can be improved.

[2. This system: Fig. 1]
A securities trading system (this system) according to an embodiment of the present invention will be described with reference to FIG. FIG. 1 is a schematic diagram of a securities trading system according to an embodiment of the present invention.
As shown in FIG. 1, this system basically includes a stock exchange server 1, an exchange system 2, the Internet 3, and a customer terminal 4.
In FIG. 1, only one customer terminal 4 is shown for simplicity of explanation, but a plurality of customer terminals are originally connected to the securities trading server 1 via the Internet 3.
The stock exchange server 1 and the exchange system 2 may be connected via a dedicated network or may be connected via the Internet.

[3. Securities reordering process: Figure 2]
Before describing each part of the system, an outline of the securities reordering process in the system will be described with reference to FIG. FIG. 2 is a diagram showing an outline of the securities reordering process according to the embodiment of the present invention. Here, the securities are futures, options, stocks, bonds, and the like.

[Customer terminal 4 → Securities trading server 1]
As shown in FIG. 2, the securities reordering process is a case where a market order is instructed from the customer terminal 4 to the securities trading server 1. For example, the stock “A” has a quantity “5000” and a trading category “buy”, Assume that a market order for a brand “B” with a quantity “8000” and a trade category “Buy” is placed for a brand “C” with a quantity “1000” for a trade category “Buy”.

[Stock trading server 1 → Exchange system 2]
Then, the securities trading server 1 places the market order on the exchange system 2. In the exchange system 2, if a sell order board of the relevant quantity is generated for each brand, the contract is established, but even a part of the market order is fulfilled.

  FIG. 2 shows that when a “2000 sell” plate is generated for the brand “A” and a “1000 sell” plate is generated for the brand “B”, a contract is established for that portion. In this case, order data of “3000 buy” for the brand “A”, “7000 buy” for the brand “B”, and “1000 buy” for the brand “C” remain.

[Exchange System 2 → Stock Exchange Server 1]
When the exchange system 2 partially executes the contract and the remaining order data is generated, the information about the contract and the remaining part is transmitted to the securities trading server 1.
In the stock exchange server 1, the remaining portion is held in an invalid state (stored as a holding portion).

[Stock trading server 1 → Exchange system 2]
Then, when a new board is generated in the exchange system 2, board information is notified to the securities trading server 1, and it is determined whether or not the order corresponds to the pending portion in the securities trading server 1. For example, re-order processing is performed for the stock.

FIG. 2 shows a case where a new board of “1000 sell” for the brand “A” and “4000 sell” for the brand “B” is generated on the exchange, and the board information is exchanged from the exchange system 2 to the securities trading. Sent to the server 1.
Upon receiving the board information, the stock transaction server 1 determines whether or not there is a pending buy order corresponding to the board information selling order, and if there is a corresponding buy order, performs a reordering process. Here, what is reordered is an order of “3000 buy” of the brand “A” and “7000 buy” of the brand “B”.

  The reason for not re-ordering by adjusting the quantity of the buy order according to the quantity of the sell order is influenced by the occurrence of a new board, and another sell order for the brands “A” and “B”. This is because there is a possibility that all remaining quantities of the brand “A” and all remaining quantities of the brand “B” may be executed.

[4. Parts of this system]
Each part of this system will be specifically described.
[Securities trading server 1]
The securities trading server 1 performs processing for ordering securities to the exchange system 2 in accordance with instructions from the customer terminal 4. Specific processing in the stock transaction server 1 will be described later.
Further, as shown in FIG. 1, the stock transaction server 1 is a computer device, and includes a control unit 11, a storage unit 12, and an interface unit 13.
The control unit 11 executes the processing program stored in the storage unit 12 to realize various processing means. Various processing means will be described later.
The storage unit 12 stores a processing program for executing processing, various tables, and the like. The table will be described later.
The interface unit 13 is for connecting to the Internet 3 and also to the exchange system 2.

[Exchange system 2]
The exchange system 2 is realized by a computer, and has the same hardware configuration as that of the securities trading server 1, and executes an order from the securities trading server 1 according to the status of the board by a program processing operation. To perform the process.
Moreover, when the board regarding the sale of securities is generated, the exchange system 2 notifies the securities trading server 1 of the information on the board.

[Internet 3]
The Internet 3 is a network that connects the customer terminal 4 and the securities trading server 1, and may be a dedicated line network.

[Customer terminal 4]
The customer terminal 4 is composed of a computer device or a mobile phone equipped with a display unit and an operation unit, and in accordance with instructions from the operation unit, order data such as securities brands, quantities, trading categories, etc. is sent via the Internet 3 Transmit to transaction server 1. In the present embodiment, the case of a market order is dealt with.

In addition, when the customer terminal 4 executes the contract in the exchange system 2, the customer terminal 4 receives the contract information (including information on the reserved portion if there is a reserved portion) from the stock exchange server 1, and displays it on the display unit.
Further, when the customer terminal 4 is reordered with respect to the reserved portion by the securities trading server 1 and is executed by the exchange system 2, the customer terminal 4 receives the executed information (if the reserved portion still remains, the reserved portion). Information is also received from the securities trading server 1 and displayed.

[Pending order data table: Fig. 3]
Next, the pending order data table stored in the storage unit 12 of the securities trading server 1 will be described with reference to FIG. FIG. 3 is a schematic diagram of a pending order data table.
As shown in FIG. 3, the pending order data table stores “brand name”, “quantity”, “buy / sell category”, “order date (reorder date)” corresponding to the ID (identification information) assigned to each transaction. ing.
This pending order data table stores data of pending orders that are placed (reordered) from the stock trading system 1 to the exchange system 2 and a part or all of them remain as pending.

[Processing means]
Next, processing means realized by the control unit 11 of the securities trading server 1 will be described.
The processing program stored in the storage unit 12 is read and executed by the control unit 11, and as function realizing means to be realized, “ordering means” “revocation data holding means” “board information determination means” “reordering means” “ There are “condition determining means” and “condition setting means”.

[Ordering method]
The ordering means places an order by sending the market order data received from the customer terminal 4 to the exchange system 2.

[Revocation data hold means]
When the revocation data holding means receives the order (remaining order) information that has not been executed in the exchange system 2 from the exchange system 2, the revocation data holding means stores the remaining order data in the reserving order data table of the storage unit 12 with the revocation data ( Stored as pending order data).

[Board information judging means]
When the board information judging means receives the board information (board information) related to the trading of newly generated securities from the exchange system 2, it compares the brand in the received board information with the brand in the pending order data table, It is determined whether or not there is a matching brand, and if there is a matching brand, the brand is notified to the reordering means.

[Reordering means]
If there is a brand that is matched by the board information determination means, the reordering means transmits the pending order data of the brand to the exchange system 2 for reordering. When reordering is performed, the pending order data related to the reordered brand is deleted or invalidated from the pending order data table.

[Condition judgment means]
The condition determination means determines whether or not the condition for reordering the pending order data is set in the storage unit 12 as will be described later in Application Example 1, and whether or not the condition is met. If so, reorder the pending order data.
Further, as will be described in application examples 2 to 4 to be described later, the condition determination means determines whether or not the condition for invalidating the pending order data is set in the storage unit 12, and determines whether or not the condition is satisfied. In this case, the pending order data is invalidated.

[Condition setting means]
The condition setting means sets a condition for reordering the pending order data and a condition for invalidating the pending order data in the storage unit 12.
Since the condition setting is performed by the customer, the condition setting is input from the customer terminal 4 and set in the storage unit 12 by the condition setting means.

[5. Processing flow: Fig. 4]
Next, processing in the securities trading server 1 of this system will be described with reference to FIG. FIG. 4 is a flowchart showing the securities reordering process of the securities trading server 1.
When the process is executed by the control unit of the stock exchange server 1 and as shown in FIG. 4, it is determined whether or not the market order data is received from the customer terminal 4 (S1), and the market order data is received (Yes) ), The market order data is transmitted to the exchange system 2 and the market order processing is performed (S2). If the market order data has not been received from the customer terminal 4 (No), the determination process S1 is repeated.
The processes S1 and S2 are executed by the ordering unit.

  After the order processing S2 for the market order data, information on the contract and the remaining amount is received from the exchange system 2 (S3). Specifically, when all the contracts are executed, information indicating that all the contracts have been received is received. When all the contracts are not executed, the information indicating that all the remaining order data (revocation data) is obtained. If it is received and partly executed, information indicating that partly executed and other information indicating that the remaining order data (revocation data) has been received are received.

Next, it is determined from the received information whether there is any remaining order data (S4). If there is no remaining order data (in the case of No), information indicating that all the contracts have been executed is transmitted to the customer terminal 4. To finish the process.
If there is remaining order data (Yes), the remaining order data is stored in the pending order data table in time series (S5).
Processes S3 to S5 are executed by the revocation data holding means.

Further, it is determined whether or not the board information is received within a specific time from the exchange system 2 (S6). If the board information is received (in the case of Yes), the pending order data of the corresponding brand is stored in the pending order data table. (S7), if there is pending order data of the corresponding brand (in the case of Yes), the pending order data of the brand is transmitted to the exchange system 2 and reorder processing is performed (S8). The process returns to step S3.
The processes S6 and S7 are executed by the board information determining means, and the process S8 is executed by the reordering means.

When the board information is not received within the specific time in the determination process S6 (in the case of No), or when there is no pending order data of the corresponding brand in the pending order data table in the determination process S7 (in the case of No), It is determined whether or not the cancellation process condition is satisfied (S9). If the cancellation process condition is not satisfied (in the case of No), the process returns to the determination process S6. Details of the cancellation processing conditions will be described in an application example.
If the cancellation process condition is met (Yes), the pending order data is canceled (S10). Specifically, the pending order data to be canceled is deleted from the pending order data table.
Processes S9 and S10 are executed by the condition determining means.

[6. Application example]
Next, application examples 1 to 4 in this system will be described with reference to FIGS. 5 is a schematic diagram of a condition setting table showing Application Example 1, FIG. 6 is a schematic diagram of a condition setting table showing Application Example 2, and FIG. 7 is an outline of the condition setting table showing Application Example 3. FIG. 8 is a schematic diagram of a condition setting table showing the application example 4. In addition, FIGS. 5-8 demonstrates the trading of stocks concretely.

[Application Example 1: FIG. 5]
In application example 1, the board information is received by the board information determination means, the condition of the number of brands set in the condition setting table by the customer is determined by the condition setting means, and the reordering means is re-established when the condition is satisfied. Place an order.
That is, the condition setting means sets the brand and quantity in the condition setting table as conditions for reordering the pending order data, and the condition determination means sets the order quantity in the board information of the brand set in the condition setting table. When the value exceeds the set quantity, the reordering means is made to reorder.

  Specifically, the pending order data is a buy order for the stock “A stock” with the quantity “3000 stock” and the stock “B stock” with the stock quantity “7000 stock”. As shown in FIG. In the condition setting table by the setting means, the selling order of the quantity “2000 shares” for the brand “A share” and the condition “above”, the selling order of the quantity “5000 shares” for the brand “B share”, and the condition “above” is set. The board information determination means determines whether or not the received board information is a sell order with a stock A quantity of 2000 shares or more, or a stock B share is a sell order with a quantity of 5000 shares or more. If the stock is a sell order with a quantity of 2000 shares or more, or if the stock B share is a sell order with a quantity of 5000 shares or more, the board information judging means outputs a reordering instruction to the reorder means, and the reorder means is applicable. Hold order data to exchange system It is intended to re-order and send it to.

  In this application example 1, when the trading volume in the board information exceeds a specific quantity, re-ordering is performed, and frequent re-ordering processing is prevented to reduce the load on the system. This has the effect of increasing the possibility of execution when placing an order.

In application example 1, reordering is performed for a specific quantity or more. However, the brand, quantity, and amount of trading are set in the condition setting table in advance, and the brand information, quantity, and current value of the securities are set. The amount of trading is calculated from the above, and it is determined whether or not the calculated amount of buying and selling is equal to or greater than a specific amount of the brand set in the condition setting table. You may do it.
That is, the condition setting means sets the brand, quantity, and amount of buying and selling in the condition setting table as the conditions for reordering the pending order data, and the condition determination means sets the brand plate set in the condition setting table. When the amount calculated from the order quantity in the information and the current value of the securities of the brand is equal to or greater than the amount of sales, the reordering means is made to reorder.

[Application Example 2: FIG. 6]
As shown in FIG. 6, the application example 2 performs automatic cancellation for the set number of stocks at a specific time from the closing and closing at the date and time set by the customer.
That is, the condition setting means sets the brand, quantity, date, and time in the condition setting table as conditions for invalidating the pending order data, and the condition determination means sets the date and time set in the condition setting table. In this case, the pending order data corresponding to the quantity of the brand set in the condition setting table is invalidated.

  Specifically, as shown in FIG. 6, the condition setting means adds the brand “A stock”, the number of shares (quantity) “all”, the date “February 22”, and the time “1 hour” before closing. In the case where “automatic cancellation” is set in the storage unit 12 under the condition “”, whether the condition determination means has passed “1 hour” before the closing date of the date “February 22” for “A shares” If it is determined whether or not it has elapsed, the number of stocks “all” of the brand “A stock” is deleted from the pending order data table to cancel the pending order data.

  In addition, “automatic cancellation” is set in the storage unit 12 in the condition setting table by the condition setting means under the conditions “B stock”, “1000 shares”, “less than” condition, and “February 22”. The condition determination means determines whether or not the date “February 22” has passed for “B shares”, and if it has passed, the number of shares of the stock “B shares” is less than “1000 shares”. The pending order data is deleted by deleting from the pending order data table.

In addition, the condition setting means stores the “automatic cancellation” in the storage unit 12 on the condition setting table under the condition that the brand “C stock”, the number of shares “all”, the date “February 23”, and “2 hours” after approaching as time In the case where “2 hours” after the date “February 23” has passed for “C stock”, the condition determination means determines whether or not “2 hours” have passed. The number “all” of the “C stock” is deleted from the pending order data table to cancel the pending order data.
In the application example 2, the pending order data can be automatically canceled based on the date and time set by the customer, and the convenience can be improved.

In the application example 2, the pending order data is automatically canceled at a specific date and time. However, the process of reordering the pending order data on the date set by the customer may be started.
In other words, if the brand, quantity, date, and time are set in the condition setting table and the condition judgment means reaches the date and time set in the condition setting table, the brand set in the condition setting table The reordering means performs reordering of the pending order data for the quantity.
Specifically, when the specific date and time set in the condition setting table are reached, the board information from the exchange system 2 is checked, and if there is pending order data for the corresponding brand, the order is re-ordered.

Further, the quantity may be a constant quantity as a cancellation condition, not a quantity to be canceled.
That is, the condition setting means sets the brand, quantity, date, and time in the condition setting table, and the condition determination means sets in the condition setting table until the date and time set in the condition setting table are reached. The remaining pending order data is invalidated when the quantity of the stocks being executed is executed.
Specifically, in the condition setting table, the quantity “1000 shares” and the date “February 22” are set for the brand “B shares”, and the condition determination means “B brands” by “February 22”. May be automatically canceled when “1000 shares” or more are executed.

[Application Example 3: FIG. 7]
As shown in FIG. 7, the application example 3 performs automatic cancellation according to its own contract status (number of shares and amount) set by the customer.
That is, the condition setting means sets the contract amount and / or the contract total amount for each brand of the ordered order that has been ordered or reordered as a condition for invalidating the pending order data in the condition setting table. When the marketed order that has been placed or reordered satisfies the conditions set in the condition setting table, the pending order data that is remaining is made invalid.

  Specifically, as shown in FIG. 7, the condition setting means adds the number of shares (approximately constant amount) “1000 shares” for the brand “A stock”, the condition “above”, and the number of shares for the brand “B stock” ( (Contract amount) “5000 shares”, condition “above”, the total amount of both (contract total amount) “1.5 million yen”, condition “above”, and the amount (contract amount) for the stock “C shares” “1 million yen ”, A case where the condition“ above ”is set will be described.

  When the order is placed by the ordering means or reordered by the reordering means, if the “A share” is executed over 1000 shares, or the “B share” is executed over 5000 shares, the remaining order after the execution The data is deleted from the pending order data table to cancel the pending order data.

Also, if the total contract amount (contract total amount) of “A share” and “B share” exceeds (or reaches) 1.5 million yen, the remaining order data after the contract is deleted from the pending order data table The pending order data can be canceled.
For “C stock” alone, if the contract amount exceeds 1 million yen (or has reached), the remaining order data after the contract is deleted from the pending order data table and the pending order data is cancelled. it can.

  In application example 3, when a market order that has been placed or reordered has a specific quantity or specific amount, the remaining order data is canceled, and the customer's desired quantity or amount is exceeded. Furthermore, there is an effect that the pending order can be expired and the convenience can be improved.

[Application Example 4: FIG. 8]
As shown in FIG. 8, Application Example 4 performs automatic cancellation according to the price of an exchange set by a customer.
That is, the condition setting means sets a brand and a specific price in the condition setting table as a condition for invalidating the pending order data, and the condition determination means sets the price in the board information of the brand set in the condition setting table. When the price exceeds the specified price (or below), the pending order data is invalidated.

  Specifically, as shown in FIG. 8, the condition setting means sets the condition “setting stock” in the condition setting table with the price “1000 yen” for the brand “A stock”, the condition “above”, and the price “800 yen” for the brand “B stock”. A case where the condition “above” is set will be described.

When the price of the A stock is 1000 yen or more in the board information from the exchange system 2, the pending order data of the A stock is deleted from the pending order data table to cancel the pending order data.
In addition, if the price of B shares exceeds 800 yen in the board information from the exchange system 2, the pending order data for B shares is deleted from the pending order data table and the pending order data is cancelled. is there.

  Furthermore, if the condition is set to “below”, for example, by the condition setting means, the price “1000 yen” for the brand “A share” and the condition “below”, the board information from the exchange system 2 When the price is 1000 yen or less, the pending order data of the A stock is deleted from the pending order data table to cancel the pending order data.

  In the application example 4, when the price of a specific brand in the board information is above a specific value or below a specific value, the pending order data is canceled. Depending on the price of the brand desired by the customer, the pending order is canceled. Can be expired and the convenience can be improved.

[7. Effects of the embodiment]
According to the present system, when the market order placed on the exchange system 2 is not executed and the market order remains and expires, the stock exchange server 1 uses the expired order data as the pending order data. When it is stored in the table and the trading board information is received from the exchange system 2, it is determined whether or not the brand of the board information is in the pending order data table. Since the pending order data of the brand is reordered, the reordering is performed in accordance with the board information from the exchange system 2, so that the possibility of execution can be improved.

  In addition, this system improves usability because the securities trading server 1 deletes the pending order data stored in the pending order data table from the pending order data table according to the conditions set by the customer and expires it. There is an effect that can be made.

  The present invention is suitable for a securities trading system in which all the market orders are not filled and expires when the market orders remain, and the possibility of execution can be increased by re-ordering the expired orders. It is.

  1 ... Securities trading server, 2 ... Exchange system, 3 ... Internet, 4 ... Customer terminal, 11 ... Control part, 12 ... Storage part, 13 ... Interface part

Claims (10)

A securities trading system having a securities trading server for executing market order data from a customer on an exchange system,
The securities trading server is a means for executing a computer program,
An ordering means for sending a market order data from a customer to the exchange system to perform an ordering process;
Revocation data holding means for storing orders that have not been executed in the exchange system as pending order data in the pending order data table;
Board information determination means for receiving board information from the exchange system and notifying the brand if the brand stored in the pending order data table is in the board information;
The pending order data stored in the pending order data table for the notified brand is transmitted to the exchange system for reordering, and the pending order data related to the reordering is deleted or invalidated from the pending order data table A securities trading system comprising a reordering means. As a means to realize the stock trading server by executing a computer program,
Condition setting means for setting conditions for reordering pending order data;
2. The securities trading system according to claim 1, further comprising condition determining means for causing the reordering means to reorder pending order data when the set condition is satisfied. As a means to realize the stock trading server by executing a computer program,
Condition setting means to make the conditions for suspending the pending order data invalid,
2. The securities according to claim 1, further comprising: a condition determination unit that deletes or invalidates the pending order data from the pending order data table and invalidates the pending order data when the set condition is satisfied. Trading system. The condition setting means sets the brand and quantity in the condition setting table as a condition for reordering the pending order data,
3. The condition determining unit causes the re-order unit to re-order when the order quantity in the board information of the brand set in the condition setting table is equal to or greater than the quantity. Securities trading system. The condition setting means sets the brand, quantity, and amount of sales in the condition setting table as conditions for reordering the pending order data,
The condition determining means is a reordering means when the amount calculated from the order quantity in the board information of the brand set in the condition setting table and the current value of the securities of the brand is equal to or greater than the price of the buying and selling. 3. The securities trading system according to claim 2, wherein the order is reordered. The condition setting means sets, in the condition setting table, the contract amount and / or contract total amount for each brand of the market order that has been placed or reordered as a condition for invalidating the pending order data.
4. The securities according to claim 3, wherein the condition judging means invalidates the remaining pending order data when the marketed order that has been placed or reordered satisfies the conditions set in the condition setting table. Trading system. The condition setting means sets a brand and a specific price in the condition setting table as a condition for invalidating the pending order data,
4. The securities according to claim 3, wherein the condition judging means invalidates the pending order data when the price in the board information of the brand set in the condition setting table becomes equal to or more than the specific price. Trading system. The condition setting means sets the brand, quantity, date and time in the condition setting table as conditions for invalidating the pending order data,
The condition determination means, when the date and time set in the condition setting table are reached, the pending order data for the quantity of the brand set in the condition setting table is invalidated. Item 4. The securities trading system according to item 3. The condition setting means sets the brand, quantity, date and time in the condition setting table as conditions for invalidating the pending order data,
If the quantity of the stock set in the condition setting table is executed before the date and time set in the condition setting table reaches the condition determination means, the remaining pending order data is expired. 4. The securities trading system according to claim 3, wherein: The condition setting means sets the brand, quantity, date and time in the condition setting table as conditions for reordering the pending order data,
When the condition determination means reaches the date and time set in the condition setting table, the reordering means reorders the pending order data for the quantity of the brand set in the condition setting table. The securities trading system according to claim 2, wherein:

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