Derivatives trading methods that use a variable order price

Details Derivatives trading methods that use a variable order price Derivatives trading methods that use a variable order price

2006-12-19

2006-12-19

Hamilton, Lalita M. (Department: 3693)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

C705S035000

Reexamination Certificate

active

07152041

ABSTRACT:
Methods and systems for an exchange to handle variable derivative product order prices are disclosed. The price of a derivative product order (bid or offer) is updated based on changes in the price of a related underlying product. Price determination variable(s), such as delta and gamma, are used to determine the price of the order. The exchange may periodically recalculate the price without requiring the trader to transmit additional information to the exchange.

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