IP Library › Granted Patent US 8,244,626
Granted Patent B2
US 8,244,626 · App. 13/312,445 · Granted Aug 14, 2012

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Assignee: Chicago Mercantile Exchange Inc.
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Quick Facts
Patent No.
US 8,244,626
App. No.
13/312,445
Granted
Aug 14, 2012
Kind
B2
Abstract

Systems and methods for monitoring the trading of financial instruments are provided. Trading messages are received at a live alert server. The messages are analyzed with a set of predetermined limits and rules. When a predetermined limit or rule is violated, an email message is sent to a regulator or other trading entity. The email message may include a hyperlink that may be selected to generate a real-time report relating to the limit or rule. When hyperlink is selected, a query is sent to a query server where the real-time report is generated and transmitted back to the requesting party.

Claims (29)

1. A computer implemented method of monitoring trading of financial instruments, the method comprising:

(a) when a predetermined threshold is exceeded, generating a message that includes a link for generating a real time quantity report relating to an aggregated trading record and at least one rule;

(b) determining by a server that the link has been selected; and

(c) after determining that the link has been selected and in response to determining that the link has been selected, generating a real time quantity report relating to the aggregated trading record and the at least one rule by simulating processing of orders stored in a non-indexed collection of orders.

2. The computer-implemented method of claim 1 , wherein the predetermined threshold comprises a position quantity.

3. The computer-implemented method of claim 1 , wherein the predetermined threshold comprises a risk level quantity.

4. The computer-implemented method of claim 1 , wherein the predetermined threshold comprises an order type quantity.

5. The computer-implemented method of claim 1 , wherein the message comprises an email message that includes a hyperlink for generating the real time quantity report.

6. The computer-implemented method of claim 1 , further including: (d) receiving a real time quantity report.

7. The computer-implemented method of claim 6 , wherein the real time quantity report comprises profit and loss data.

8. The computer-implemented method of claim 6 , wherein the real time quantity report comprises risk data.

9. The computer-implemented method of claim 1 , wherein the message comprises a short message text message.

10. The computer-implemented method of claim 1 , wherein the message comprises an electronic mail message.

11. A tangible computer-readable medium containing computer executable instructions for causing a computer device to perform steps comprising:

(a) when a predetermined threshold is exceeded, generating a message that includes a link for generating a real time quantity report relating to an aggregated trading record and at least one rule;

(b) determining that the link has been selected; and

(c) after determining that the link has been selected and in response to determining that the link has been selected, generating a real time quantity report relating to the aggregated trading record and the at least one rule by simulating processing of orders stored in a non-indexed collection of orders.

12. The tangible computer-readable medium of claim 11 , wherein the predetermined threshold comprises a position quantity.

13. The tangible computer-readable medium of claim 11 , wherein the predetermined threshold comprises a risk level quantity.

14. The tangible computer-readable medium of claim 11 , wherein the predetermined threshold comprises an order type quantity.

15. The tangible computer-readable medium of claim 11 , wherein the real time quantity report is displayed on a web page and periodically updated.

16. The tangible computer-readable medium of claim 11 , wherein the message comprises a short message text message.

17. The tangible computer-readable medium of claim 11 , wherein the message comprises an electronic mail message.

18. A computer implemented method comprising:

(a) generating a message that includes a link for generating a real time quantity report relating to an aggregated trading record and at least one rule;

(b) determining by a server that the link has been selected; and

(c) in response to determining that the link has been selected, generating a real time report relating to the aggregated trading record and the at least one rule by simulating processing of orders stored in a non-indexed collection of orders.

19. The computer-implemented method of claim 18 , wherein the message comprises a short message text message.

20. The computer-implemented method of claim 18 , wherein the message comprises an electronic mail message.

Continuity (5)
Continuation 12335246 · Dec 15, 2008
Continuation In Part 11696555 · Apr 4, 2007
Continuation In Part 11276752 · Mar 13, 2006
Continuation In Part 11234697 · Sep 23, 2005
Related Publication 20120078777A1 · Mar 29, 2012