WO2007074903A1

WO2007074903A1 - Real-time settlement system for securities, real-time settlement system for stock trading and real-time settlement device for securities

Info

Publication number: WO2007074903A1
Application number: PCT/JP2006/326250
Authority: WO
Inventors: Takashi Moribe
Original assignee: Matsui Securities Co., Ltd.
Priority date: 2005-12-28
Filing date: 2006-12-28
Publication date: 2007-07-05
Also published as: JP2010061699A; JP5078978B2

Abstract

A real-time settlement system for stock trading comprises user terminal devices, a trading server for receiving order information from users and a stock-board server for treading stocks. The trading server includes a stock quotation DB, a rule DB, customer information DB, an order information confirming means, a placing order memory means, a trading data making memory means, and a trading result reflecting means. The stock-board server includes a trading information DB, a stock-board registering means, a stock-board information making means, and an executing means. In order for the real-time settlement system to make a T+O real time settlement possible, an exclusive account is opened at a security company. Further, in order to make a stock certificate itself transferable on a real-time basis, user’s stock is deposited at a security company. Thus, trading is carried out within the deposited stock and the balance of cash, balance data can be renewed on a real time basis to avoid the occurrence of nonfulfillment of the settlement.

Description

Securities immediate settlement system, stock immediate settlement system and securities immediate settlement device

Technical field

[0001] The present invention relates to an immediate settlement system for securities, an immediate settlement system for stocks, and an immediate settlement apparatus for securities, and in particular, an immediate settlement system for securities, an immediate settlement system for stocks, and an immediate settlement for securities. Relates to the device.

Background art

[0002] In conventional securities trading, settlement is performed by a settlement organization different from a securities company. In this case, as is called T + 3, the ordering power is paid and paid for in 4 business days and settled. In other words, the customer uses the method of transferring money to the securities company within 4 business days after the transaction is completed, or directing the account to the account of the securities company.

[0003] As mentioned above, in traditional securities trading, there was a time difference of 4 business days between transactions and settlements.

(1) Credit risk: If the financial condition deteriorates and payment defaults, the transaction amount may not be received now or in the future.

(2) Operational 'risk: When settlement is difficult due to administrative errors or system failures.

(3) Legal 'risk: There was a settlement risk, such as when there was a legal relationship associated with settlement such as rules for dealing with insolvency.

[0004] In addition, real-time gross settlement (RTGS) is not carried out! /. As a result, transactions of the same brand on the same delivery date, which is the difference settlement, are prohibited from the viewpoint of settlement risk. It was.

[0005] In Japanese Patent Laid-Open No. 2002-63515, a novel payment system and a method thereof are presented without avoiding payment risk and generating new trouble for the seller. [0006] In this system, when direct debit is used as a means of immediate settlement and a debit request message is received from the seller, the message and the seller recorded in advance in the information recording means are immediately notified to the buyer. The contents of the agreement between the buyers are collated, and if the collated contents match, the corresponding amount is immediately debited from the buyer's account.

[0007] However, in this system, since the bank and a third party are involved, there is the credit risk of (1) above, which requires only the effort of information transmission.

Disclosure of the invention

[0008] In view of the above problems, an object of the present invention is to enable settlement of securities only between a securities company and a customer and immediate settlement of securities with reduced settlement risk. .

[0009] In order to solve the above-mentioned problems, the present invention provides a transaction server that receives order information including a brand, quantity, limit price, and trading category of a securities that can be electronically settled, and a securities related to the order information. A securities immediate settlement system that is configured to be able to communicate with a board server that performs transactions, and that performs immediate settlement of securities transactions. The transaction server includes a first storage unit and a first processing unit. The first storage unit includes securities information including unit prices and quotation information of marketable securities, rule information including unit prices and quantities of securities, and cash and securities in customer accounts. Customer information including balance information, and the first processing unit stores the securities information, the rule information and the customer information stored in the first storage unit, and the received order information. Included in stock, quantity and limit Order information confirmation means for confirming whether or not the order information is appropriate by comparing the purchase and sale classification, and when the order information is confirmed to be appropriate by the order information confirmation means, Order information transmitting means for transmitting the order information to the board server, and the contract name, quantity, amount, and buying and selling included in the contract message received from the board server and indicating that the securities transaction related to the order information has been established. Transaction result reflecting means for updating the customer information stored in the first storage unit based on the classification, and the board server includes a second storage unit and a second processing unit, The second storage unit stores board information including the price of securities for each brand, and the quantity and buy / sell order quantity corresponding to the price, and the second processing unit In the board information stored in the second storage unit Receive from the trading server the quantity of sell orders or quantity of buy orders The board information creating means for adding and storing the quantity of the order information according to the trading category, and when there is other order information corresponding to the added order information in the board information, the second information The quantity of the sell order and the quantity power of the buy order stored in the board information stored in the storage unit of the table are also deleted, and the contract message related to the order information of the sell and buy is created, and the transaction It is characterized by comprising a means for executing a transmission to the server.

[0010] According to this configuration, since the securities transactions are performed between the customers within the range of the customer's cash and securities balance information stored in advance in the transaction server, the balance information is updated after the contract is made. It is possible to settle in real time (immediate settlement). In addition, depending on the operation of the securities immediate settlement system, securities transactions can be made day and night. However, since immediate settlement is possible, it is convenient for the customer and the securities transactions can be activated.

[0011] Further, the present invention is a securities immediate settlement system, wherein the order information confirmation unit of the transaction server includes a balance of a customer account included in the customer information stored in the first storage unit. When referring to the information, the minimum value is used as the balance that can be handled among the balance information after the day of the order.

[0012] According to this configuration, since the minimum value of balance information after the order date is used in the balance information of the customer account, the immediate settlement transaction is performed on the day of the order, regardless of whether it is after a normal transaction or an immediate settlement transaction. Can determine the balance of cash and securities that can be handled at.

[0013] In addition, the present invention is a securities immediate settlement system, wherein the contract means of the board server sets the same contract number for the corresponding sell and buy contract messages, and the sell and buy The contract message is transmitted to the transaction server, the first processing unit of the transaction server receives the contract message from the board server, and the same contract number as the contract message is set and the corresponding contract message is received. When the electronic message is received, the transaction result reflecting means updates the customer information stored in the first storage unit.

[0014] According to this configuration, the transaction server checks the contract number, and ensures the consistency between the corresponding sell and buy contract messages, thereby guaranteeing the performance of the settlement process. Since the settlement is completed, it is possible to prevent the occurrence of settlement failure. As a result, it is possible to maintain consistency between the board server contract and the transaction server settlement.

[0015] Further, the present invention is a securities immediate settlement system, wherein the securities are stocks.

[0016] Further, according to the present invention, a customer terminal owned by a customer who wants to buy and sell stock, a transaction server that stores stock transactions, and a board server that performs the stock transactions are connected via electronic communication means. A stock immediate settlement system that performs immediate settlement, in which the customer terminal is provided with input means for inputting order information including buying and selling of the desired stock, and a predetermined value provided from the trading server and the plate server. A stock price database for storing the stock price information according to the stock price in the market, and a rule storing the rule as rule data. A customer information database that stores information about the customer as customer information, the stock price information, the rules, the customer information, and the order information. And order information confirming means for confirming the information, and order order storing means for storing the order information and placing the order information with respect to the board server. The board registration means for registering the order information with respect to the transaction board, the board information creation means for creating board information including the registered order information, and the order information registered in the board information Determining whether or not there is matching information that is an order from a customer of the customer, and if there is, a contracting means for executing the order information and the corresponding information and creating a contract message for the transaction server; The transaction server further includes transaction data creation and storage means for creating and storing transaction data based on the contract message, and based on the transaction data and stored in the customer information database. Before customer And transaction result reflecting means for updating the customer information as well as settlement of the account information.

[0017] According to this configuration, it is possible to reduce settlement risk by performing immediate dalos settlement only between the securities company and the customer.

[0018] Further, the present invention accepts order information including a brand, quantity, limit price and trading segment of a securities transaction that can be electronically settled, performs a securities transaction related to the order information, A securities immediate settlement apparatus for instant settlement of ticket transactions, comprising a storage unit and a processing unit, wherein the storage unit includes securities information including unit price and quotation information of market securities, and securities. Rules information including the unit price and quantity trading unit, customer information including cash and securities balance information in the customer account, the price of the securities for each issue, and the quantity and purchase of the sell order corresponding to that price. Board information including the quantity of the order, and the processing unit stores the securities information, the rule information and the customer information stored in the storage unit, and a brand included in the received order information, The order information confirming means for confirming whether or not the order information is appropriate by comparing the quantity, limit price and trading category, and the order information confirming means confirm that the order information is appropriate. The above Order information output means for outputting sentence information and the quantity of the order information input from the order information output means for the quantity of sell orders or the quantity of buy orders in the board information stored in the storage unit Board information creating means for additionally storing according to the classification; and in the board information, when there is other order information corresponding to the added order information, the board information stored in the storage unit In addition to deleting the quantity of the order information from the quantity of the sell order and the quantity of the purchase order, it indicates that the securities transaction related to the sell and buy order information has been concluded, and shows the contract name, quantity, amount and trading category. Stored in the storage unit based on the contract means for creating and outputting the contract message to be included, and the contract brand, quantity, amount and trading category included in the contract message input from the contract means. Characterized in that it comprises a transaction result reflecting unit that updates the serial customer information.

[0019] According to this configuration, since the function of the transaction server and the function of the board server are realized by the same device, it is possible to reduce the installation space of the device that enables immediate settlement of securities. In addition, since communication between servers is unnecessary, a series of processing time from order receipt to settlement can be shortened.

[0020] Further, the present invention is a securities immediate settlement apparatus, wherein the securities are stocks.

It should be noted that “limit” in the scope of claims indicates the price of a trading order for securities. “Market information” in the scope of patent claims indicates information on the order status of buying and selling securities. The “board information” in the claims refers to the order by securities brand. Provides information about the situation. In addition, the problem disclosed in the present application and the solution thereof will be clarified by the column of the best mode for carrying out the invention and the drawings.

[0022] <Cross-reference with related literature>

This application claims priority based on Japanese Patent Application 2005-377573 filed on December 28, 2005. This document is incorporated herein by reference.

Brief Description of Drawings

FIG. 1 is an overall configuration diagram of the present system according to an embodiment of the present invention.

FIG. 2 is an internal configuration diagram of a customer terminal according to the embodiment of the present invention.

FIG. 3 is an internal configuration diagram of a transaction server according to the embodiment of the present invention.

FIG. 4 is a diagram showing a configuration of a DB of transaction Sano 2 according to an embodiment of the present invention, (a) showing a configuration of customer information DB 26, and (b) showing a configuration of personal corporation information DB 30. (C) shows the configuration of the order information 30A, and (d) shows the configuration of the transaction data 30B.

FIG. 5 is an internal configuration diagram of the board server according to the embodiment of the present invention.

FIG. 6 is a diagram showing a configuration of a DB included in the board Sano 3 according to the embodiment of the present invention, where (a) shows a configuration of order information 36A, and (b) shows a configuration of board information 36B. (C) shows the configuration of the contract information 36C.

FIG. 7 is a flowchart showing processing until order power and board information are created according to the embodiment of the present invention.

FIG. 8 is a flowchart showing processing when a contract is made according to the embodiment of the present invention.

FIG. 9 is a flowchart showing processing after the transaction time has elapsed according to the embodiment of the present invention.

FIG. 10 is a diagram showing a balance check performed by the order information confirmation means 23 according to the embodiment of the present invention. (A) is a balance check after a conventional ordinary transaction (exchange transaction) is performed. (B) shows the balance check after an immediate settlement transaction.

Explanation of symbols

[0024] 100 stock immediate settlement system (securities securities immediate settlement system)

1 Customer terminal 2 Trading server

3 board server

4 Internet (electronic communication means)

11 Input means

12 Browsing means

21 Customer account opening means

22 Customer authentication means

23 Order information confirmation method

24 Stock Price DB

25 Rule DB

26 Customer information DB

27 Order storage means (order information transmission means, order information output means)

28 Transaction data creation and storage means

29 Transaction result reflection means

30 Personal corporate information DB

30A Order information

30B transaction data

31 Board registration means

32 Board information creation means

33 Order information change deletion method

34 Contract means

36 Transaction Information DB

36A Order Information

36B board information

36C execution information

BEST MODE FOR CARRYING OUT THE INVENTION

Hereinafter, an immediate stock settlement system (securities securities immediate settlement system) according to an embodiment of the present invention will be described with reference to the drawings. FIG. 1 is an overall configuration diagram of the stock immediate settlement system of the present embodiment. The stock immediate settlement system 100 according to the present embodiment stores customer terminals 1 · '· 1 possessed by customers using the system and information related to stock transactions, and also relates to stock transactions.

1 m

A transaction server 2 that receives order information and a plate server 3 that receives the order information and performs stock transactions are connected via the Internet (electronic communication means) 4.

[0026] Customer terminal 1 · '· 1 is a desktop computer, notebook computer, mobile phone

1 m

Any device that can be connected to the Internet 4 such as PDA (Personal Digital Assistant) can be used.

[0027] Further, the transaction server 2 and the board server 3 are servers installed on the securities company side, and may be operated by two or more servers, or may be integrated as one server (stock immediate settlement apparatus). It does not matter if it is used. Even if the board server 3 is connected to the transaction server 2 and the data transmission / reception between the board server 3 and the customer terminal 1 '1 is via the transaction server 2,

1 m

Realization of this system is possible.

FIG. 2 is an internal configuration diagram of the customer terminals 1 ··· 1.

1 m

When using this system, customer terminal 1 · '· 1 specifies the order price (limit)

1 m

To select the number of stocks to be ordered, purchase in kind, purchase of credit, etc., as well as register the customer's own information to open an account, and log in to use this system Input means 11 for performing the above and browsing means 12 for browsing various information transmitted from the transaction server 2 and the board server 3. The input means 11 is realized by a keyboard, a mouse touch panel, or the like. The browsing means 12 is realized by a display or the like.

FIG. 3 is an internal configuration diagram of the transaction server 2.

The transaction server 2 has a customer account opening means 21 for opening a customer account for using the system, and a customer authentication means 22 for authenticating the login of the customer terminal 1 '1 to the system 22

1 m

And a customer information DB 26 that stores customer information including account information of the opened customer, and a personal corporation information DB 30 that is referred to when the customer account is opened.

[0030] In addition, when ordering customer terminal 1 · '· 1 force, order information regarding stock trading of customer strength

1 m

Order information confirmation means 23 to confirm whether or not the power is appropriate, and the attendance time at the factory Stock price DB24 that stores stock price information including each stock price and quotation information of stock transactions that have been conducted, rule DB25 that stores rule information indicating a predetermined trading rule for each stock, and customer terminal 1 Store the order information received from 1 as order information 30A.

1 m

And order order storage means (order information transmission means, order information output means) 27 for transmitting the order information to the board server 3 and receiving an acceptance response from the board server 3.

[0031] Further, in order to perform settlement processing after the stock transaction is performed, transaction data is created based on the data of the established stock transaction (contract message) received from the board server 3, and the transaction data Transaction data creation storage means 28 stored as 30B and transaction result reflection means 29 for reflecting the transaction result in the customer information DB 26 are included. A contract is the establishment of a stock transaction related to order information.

[0032] Transaction server 2 includes a first processing unit and a first storage unit (not shown). The first processing unit includes customer account opening means 21, customer authentication means 22, order information confirmation means 23, order order storage means 27, transaction data creation storage means 28, and transaction result reflection means 29. The first processing unit is realized by a CPU (Central Processing Unit) executing a program stored in a predetermined memory. The first storage unit includes a stock price DB 24, a rule DB 25, a customer information DB 26, a personal corporation information DB 30, an order information 30A, and a transaction data 30B. The first storage unit is realized by a nonvolatile storage device such as a hard disk device or a flash memory.

FIG. 4 is a diagram showing the configuration of the DB that the transaction server 2 has. As shown in FIG. 4A, the customer information DB 26 includes customer attribute information 261, customer additional information 262, account balance information 263, and customer transaction information 264. The customer attribute information 261 is information indicating customer attributes, and includes an address, date of birth, insider information (related persons of listed companies, etc.) and the like. The customer additional information 262 is information added to the customer by the present system, and includes a login ID, a password, a transaction code number, and the like. Account balance information 263 is information indicating the balance of the account held by the customer, and includes changes in cash balance and stock balance. The customer transaction information 264 is information related to the stock transaction of the customer, and includes order information indicating the content and state of the order, transaction history, and the like.

[0034] As shown in FIG. 4 (b), the personal corporation information DB 30 is the target person information 301 and the prospective customer. Information 302 is included. Attention target person information 301 is personal corporate information (customer black list) of the target person who needs attention. The prospective customer information 302 is personal corporation information of an applicant for opening an account.

[0035] As shown in FIG. 4 (c), the order information 30A includes an order number 30A1, a brand 30A2, the number of shares 30A3, a limit 30A4, a trading category 30A5, a trading category 30A6, an execution condition 30A7, and the like. The order number 30A1 is a number assigned to the order information received by the transaction server 2, and is a number unique to the order information 30A. Information after 30A2 is included in the received order information. Stock 30A2 is the name of the stock to be traded. The number of shares 30A3 is the number of shares to be bought and sold. The limit 30A4 is a value that designates the stock price to be bought and sold, but “marketing” that means that the stock price is not designated can also be set. Trading category 30A5 specifies selling or buying. Transaction category 30A6 designates spot transactions or margin transactions. Execution condition 30A7 specifies the execution time of an order, etc., but can also be unspecified.

[0036] As shown in FIG. 4 (d), the transaction data 30B includes a contract 30B1, a stock number 30B2, an amount 30B3, a contract date 30B4, a trade category 30B5, a transaction category 30B6, and the like. Contract 30B1 is a stock for which stock trading has been completed. The number of shares 30B2 is the number of shares for which stock trading was completed. Amount 30B3 is the amount of money for sale (contract price). Contract date 30B4 is the date, time, minute, and second when the stock transaction was completed. Trading category 30B5 indicates selling or buying. Transaction category 30 B6 indicates cash transactions or credit transactions.

[0037] The order information confirmation means 23 compares the received order information with the stock price information stored in the stock price DB 24, the rule information stored in the rule DB 25, and the customer information stored in the customer information DB 26, Check if the information is appropriate or not.

First, the order information is checked against stock price information to check whether the limit is within the limits of the price range.

[0038] Next, the order information is checked against the rule information, whether the stock is not a trading stock, whether the number of shares is an integer multiple of the trading unit, whether the limit is specified in the quoting unit, or the trading volume from the stock price Check whether the amount is within the transaction limit.

[0039] Furthermore, the order information is checked against the customer information, and in the case of buying, within the range of the customer's surplus capacity for the number of stocks / shares and limit (the difference between the cash balance of the surplus capacity of the ordinary transaction that has not arrived at the delivery date) Check whether the balance is the deducted balance). In addition, in the case of selling, it is confirmed whether or not it is within the range of the customer's balance (excluding items that have been delivered).

FIG. 5 is an internal configuration diagram of the board server 3.

The board server 3 on which stock trading is actually carried out receives the order information received from the trading server 2 and stores it in the bow I information DB 36 and the order information 36A stored by the board registration means 31 for each issue. Includes board information creating means 32 for creating the board information 36B indicating the order status of stock trading, and order information change deleting means 33 for changing or deleting the order information 36A already stored in the trading information DB 36.

[0041] In addition, when the board information 36B is checked and the stock transaction is completed, the contract information 36C relating to the establishment of the stock transaction is stored in the transaction information DB 36, and a contract message indicating that the stock transaction is established is created. And a contract means 34 for transmitting to the transaction server 2.

[0042] The created board information 36B is input to the customer terminal 1 "· 1 via the transaction server 2.

1 m By means of a browsing request input from means 11, it is sent to customer terminal 1 · 1 and customer terminal 1 m 1

• · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · ·

[0043] The board server 3 includes a second processing unit and a second storage unit (not shown). The second processing unit includes a board registration unit 31, a board information creation unit 32, an order information change deletion unit 33, and a contracting unit 34. The second processing unit is realized by the CPU executing a program stored in a predetermined memory. The second storage unit includes a transaction information DB36. The transaction information DB 36 includes order information 36A, board information 36B, and contract information 36C. The second storage unit is realized by a nonvolatile storage device such as a hard disk device or a flash memory.

FIG. 6 is a diagram showing the configuration of the DB that the board server 3 has. As shown in Fig. 6 (a), the order information 36A includes an order number 36A1, a stock 36A2, a number of shares 36A3, a limit 36A4, a trading category 36A5, a trading category 36A6, and an execution condition 36A7. Since each element is the same as each element of the order information 30A in FIG. 4 (c), description thereof is omitted.

[0045] As shown in FIG. 6 (b), the board information 36B is composed of a sale quantity 36B1, a price 36B2 and a purchase quantity 36B3 for each brand. The sale quantity 36B1 indicates the number of shares of the stock for which a sell order with a price of 36B2 has been placed. The price 36B2 is the stock of the stock that has been ordered to sell or buy Indicates the value. Purchase quantity 36B3 indicates the number of shares of the stock for which a purchase order with a price of 36B2 has been placed. In Fig. 6 (b), as an example, there is a selling order of 2000 shares at 1005 yen. Here, for example, if board server 3 receives the order information for selling 1000 shares at the limit of 1005 yen for the same stock, the sales quantity 36B1 corresponding to the price 36B2 of 1005 yen is "3000" (= 2 000 + 1000). The board information usually includes the number of sell orders and buy orders, but the explanation is omitted here.

[0046] As shown in Figure 6 (c), the deal information 36C includes order number 36C1, deal number 36C2, deal name 36C3, number of shares 36C4, amount 36C5, deal date 36C6, trade category 36C7, and trade segment 36C8. Consists of. The order number 36C1 is the order number of the order information for which stock trading has been completed. The contract number 36C2 is a unique number assigned to each contract, and is used to determine that a sales order and a buy order have come together. Accordingly, the same contract number 36C2 is set in the sales order contract information 36C and the corresponding buy order contract information 36C. The elements after the contract 36C3 are the same as the elements of the transaction data 30 B in FIG. 4 (d), so the explanation is omitted.

FIG. 7 is a flowchart showing the operation of this system.

In this system, the transaction date is set to the delivery date, that is, in order to enable T + 0 immediate settlement, an account for immediate settlement transaction is opened in a securities company. In addition, the customer's stock shall be deposited with a securities company so that the securities themselves can be delivered immediately. As a result, since transactions are performed within the range of stocks and cash balances in which the customer has deposits, the balance data can be updated in real time and settlement defaults can be prevented.

[0048] If the customer needs to open an account (Yes in step S101), an account is opened to the transaction server 2 in order to use this system. In this case, customer terminal 1

1 m

Connect to the server 2 via the Internet 4 and receive the customer account opening screen data from the customer account opening means 21. Then, according to the customer account opening screen displayed on the browsing means 12, information indicating that a customer account is desired to be opened is input to the input means 11 and transmitted to the transaction server 2.

[0049] The customer account opening means 21 receives information indicating that a customer account is to be opened, Person information When the target person information 301 and the prospective customer information 302 stored in the DB 30 are not compared with each other, if the customer account is not found, it is stored in the customer information DB 26 of the transaction server 2 that the customer account has been opened. (Step S102). Here, the target person information 301 is a black list of customers, and the prospective customer information 302 is a list of customers who have already applied for account opening! /, Which is related to those customer lists and customers who wish to open accounts. Check the information and if there is no match, determine that there is no defect. If the account has been opened (No in step S101), the process proceeds to customer authentication for determining whether the customer who does not need to open a customer account is the principal.

[0050] The customer authentication means 22 recognizes the customer input from the input means 11 of the customer terminal 1 · '· 1.

1 m

Authentication information (ID, password, etc.) for certifying is received, and authentication is performed against the customer information of the customer included in the customer DB 26 (step S103). If the authentication is correct (Yes in S103), the process proceeds to the next step. If it is not correct (No in S103), the login to this system is disapproved and the process is terminated.

[0051] After the authentication information is authentic and login to this system is performed, the stock price information is transferred from the stock price DB 24 and the rule information is transferred from the rule DB 25 to the customer terminal 1 "· 1 by inputting a browsing request.

1 m is transmitted. Stock price information is stock information for each stock, such as stock prices that evaluate the closing price of the market, quote information (contract price, trading volume information), etc., and rule information is a variety of transactions related to transactions when using this system. Is the rule. Examples of rule information include the setting of trading stocks (including deposit dates due to stock splits, restrictions on delivery dates, etc.), trading units, trading times, and reflection of regulations in exchange trading. In addition, by entering a browsing request, the remaining balance in the customer account owned by each customer is transferred from the customer information DB 26 to the customer terminal 1 '1.

1 m is transmitted.

[0052] This surplus balance is information on customer assets including cash and securities deposited in a customer account, trading margin in margin transactions, traded open interests, and the like.

[0053] The information is confirmed by being displayed on the browsing means 12 of the customer terminal 1 ···· 1.

1 m

Then, the order desired by the customer is input to the input means 11 as order information (step S104). Order information includes spot transactions (buy or sell) or general credit transactions (new, repayment), number of shares ordered, limit price, etc. In the transaction server 2 that has received the order information, the order information confirmation means 23 determines whether or not the order information is appropriate (step S 105). That is, it is determined whether or not the order information is appropriate with reference to the stock price information, rule information and customer information. How to make a specific judgment! This is as already described in the explanation of the order information confirmation means 23. If the order information is not appropriate (No in S105), for example, if the transaction server 2 has insufficient remaining capacity or insufficient balance, an error in the remaining capacity balance is detected. 1 (step S106) and order information

1 m

Wait for reception.

FIG. 10 is a diagram showing a balance check performed by the order information confirmation unit 23. Fig. 10 (a) shows the balance check after conducting a conventional transaction (exchange transaction). First, when conducting only ordinary transactions, that is, when performing a balance check for ordinary transactions after ordinary transactions, in principle, after T + 3 (4th business day after delivery date = delivery date) ( The minimum balance (see the solid arrows) is used for available cash and available shares. In this case, there is no problem because the balance after the delivery is reflected is used. Next, when checking the balance for an immediate settlement transaction after a regular transaction, take into account the balance after T (contract date) (see dashed arrow) (cash delivered and number of shares delivered, transaction status) ) Is used for available cash and available shares. In this case, since it is after regular transactions, the delivery is made at T + 3, so the balance after T will increase or decrease around T + 3. By adopting the minimum value of the balance, available cash and sales The number of possible shares can be determined.

[0056] FIG. 10 (b) shows a balance check after an immediate settlement transaction is performed. Since T (contract date) becomes the delivery date after an immediate settlement transaction, the balance (cash delivered and the number of shares delivered) is fixed after T, so the balance check for ordinary transactions or Regardless of the balance check for immediate settlement transactions, the available cash and the number of shares available for sale will be the same.

[0057] The balance information shown in FIGS. 10 (a) and 10 (b) is included in the account balance information 263 of the customer information DB 26 in a state where a normal transaction and an immediate settlement transaction are mixed. Is memorized.

Returning to FIG. 7, if the order information is correct (Yes in S 105), the order order storage In step 27, order information is ordered from the board server 3 and stored as order information 30A (step S107). The stored order information 30A is reflected in the customer transaction information 264 of the customer information DB26.

[0059] The board server 3 that has received the order information normally confirms whether or not the current time is within the transaction time of this system since the transaction time is determined for the transaction (step S108). If it is within the transaction time (Yes in Step S108), it is confirmed whether or not the received order information is a new order (Step S109). If it is a new order (Yes in step S109), the plate registration means 31 is registered as order information 36A in the transaction information DB 36 of the second storage unit (step S110). The board information 36B is information for registering order information issued by each customer and for browsing by each customer. Then, all the ordered order information 36A is registered in the board information 36B, the board information 36B is created by the board information creating means 32 (step SI11), and the board information 36B is completed. Specifically, the number of shares 36A3 of the order information 36A is added to the sales volume 36B1 or the purchase volume 36B3 in the board information 36B and stored according to the trading category 36A5. The completed board information 36B is received from the input means 11 as a browsing request from the customer terminal 1 "· 1.

1 m

Is sent to the customer terminal 1-1 by the action of the user or by the voluntary operation of the board information creating means 32 (step S112). Customer terminal that receives board information 1 "· 1 m 1 m

The browsing means 12 displays this board information.

[0060] In order for a stock transaction to be established, it is essential that there is order information corresponding to certain order information (a sell order for a buy order and a buy order for a sell order). For this reason, the contracting means 34 confirms whether or not the corresponding order information has power (step S113). The processing when there is matching order information (Yes in step SI 13) will be described later using the flowchart in FIG. If the corresponding order information is weak, click (Step

No in S113), the board server 3 waits to receive order information.

[0061] If the current time is not within the transaction time (No in S108), the board server 3 returns a message indicating an overtime error to the transaction server 2 (step S114). In this case, the transaction server 2 receives the message from the board server 3 and transmits the message to the customer terminal 1 “· 1 that received the original order information. The customer terminal 1“ · 1 From 2

1 m 1 m

Receive the message and display it on the display. This ensures that customers are out of business hours. Recognize that. The processing of the board sano when the transaction time ends will be described later using the flowchart shown in FIG.

[0062] If the order information is not a new order (No in step S109), it is determined whether or not there is an original order to be changed or deleted (step S115). If there is an original order to be changed or deleted (Yes in step S115), on the board server 3, the order information change / deletion means 33 is input by the input means 11 of the customer terminal 1 '' 1. Based on information

1 m

The order information of the corresponding customer is changed or deleted (step S116), and registration to the board information 36B is performed again, and the board information 36B is created (step S111).

[0063] If there is no original order to be requested to be changed or deleted (No in step S115), the board server 3 returns a message indicating an acceptance error to the transaction server 2 (step S117). In this case, the transaction server 2 receives the message from the board server 3 and receives the original order information from the customer terminal 1 · '· 1

当該 Send the message to m and wait to receive order information. Customer terminal 1 "· 1 receives the message from transaction server 2 and displays it on the display.

1 m

indicate. As a result, the customer recognizes that the order information has not been accepted by the board server 3.

[0064] FIG. 8 is a flowchart showing the contract processing when there is corresponding order information in this system.

As described above, the contract is established when there is corresponding order information. In other words, it is established when there is an order for selling for buying and buying for selling. Here, the trading price determination method that can be performed by PTS (Proprietary Trading System) is the market price trading method (selling using the trading price of the exchange), the negotiation method between customers ( Customers buy and sell at a price agreed upon by customers), customer order matching method (buying and selling when there is a limit that matches the limit presented by the customer), buying and selling bid presentation method (the securities company presents the selling and buying quotes) , Buying and selling using prices based on these), and auction method (similar to exchanges).

[0066] Upon confirming the corresponding order information, the contracting means 34 contracts the corresponding order information (step S201), and then the board information creating means 32 sends the contracted order information to the board information 36B. And give a trigger to execute the process of step S111 in FIG. So In parallel with this processing, the contracting means 34 creates a contract message and transmits it to the transaction server 2 (step S202). Then, the contracted order information is deleted from the board information 36B, and the contracted order information and the contracted date and time (the contents of the contract message) are stored in the contract information 36C of the transaction information DB 36 (step S203). Thereby, the contract processing in the board server 3 ends. The contract message has the same configuration as the contract information 36C in FIG. 6 (c).

[0067] Here, a specific example in which the contracted order information is deleted from the board information 36B will be described.

In the board information 36B in Fig. 6 (b), for example, if 1500 shares are sold for a stock price of 1003 yen, deduct 1500 shares from the sales quantity 36B1 and the purchase quantity 36B3 corresponding to the price 36B2 of 1003 yen. . As a result, in the board information 36B after the contracted order information is deleted, the selling quantity 36B1 corresponding to the price 36B2 of 1003 yen is 0 shares, and the corresponding buying quantity 36B3 is 1500 shares.

On the other hand, in transaction server 2 that has received the contract message, transaction data creation storage means 28 creates and stores transaction data 30B based on the contract message (step S204). The transaction data 30B is a customer account ledger, a security deposit book, a transaction diary, an order slip, etc. including the contents shown in FIG. 4 (d).

[0069] Then, the transaction result reflecting means 29 updates the customer information DB 26 including the remaining balance of the customer based on the transaction data 30B to a state in which payment is immediately made (step S205). Customer information DB26 update is based on transaction data 30B contract 30B1, number of shares 30B2, amount 30B3, contract date 30B4, trade classification 30B5, etc., account balance information 263 cash balance, stocks held, number of shares held, customer Update the details of the transaction information 264.

Here, before executing the process of step S 204, the first processing unit of the transaction server 2 checks the contract number included in the contract message received from the board server 3. In other words, for a certain contract number, it is confirmed whether or not it is the power to receive both the contract message of the sell order and the contract message of the buy order. If both have been received, the processing of steps S204 and S205 is executed. If one has been received and the other has not been received, the processing of steps S204 and S205 is executed after waiting for reception of the other. According to this, the execution of settlement processing is ensured by ensuring the consistency of the contract message, and the settlement is completed at the same time as the contract, so the occurrence of settlement failure can be prevented. [0071] As shown in Fig. 10, when an order is received from a customer, the company holds a balance of cash or stock (excluding undelivered portion in ordinary transactions) that can be used for immediate settlement transactions. Since we are checking whether or not we have power, we will not run out of balance after the transaction is executed.

[0072] FIG. 9 is a flowchart showing the processing when the transaction time has elapsed in this system.

[0073] When the transaction time elapses, confirmation of the transaction performed within the transaction time in this system and reset of the board information are performed.

[0074] The board server 3 outputs the contract information 36C stored in the transaction information DB 36 as a contract verification file (step S301). Next, the order information change deletion means 33 deletes the unordered order information from the board information 36B (step S302). Then, the output contract collation file and the transaction data 30B stored in the transaction data creation storage means 28 of the transaction server 2 are collated by the transaction result reflection means 29 (step S303). If the agreement is not consistent with the transaction data 30B as a result of matching, an error is output. Also, the ability to reflect the final result after the transaction in the customer information DB 26 is performed by the transaction result reflecting means 29 (step S304).

[0075] The customer's own customer information including the remaining balance stored in the stock price DB 24, the rule DB 25, and the customer information DB 26, and the board information 36B are input from the input means 11 of the customer terminal 1 '1.

1 m

From the transaction server 2 and the board server 3 to the customer terminals 1

丄 m can be sent and displayed by the browsing means 12.

Although the best mode for carrying out the present invention has been described above, the above embodiment is for facilitating the understanding of the present invention and is intended to limit the interpretation of the present invention. is not. The present invention can be changed and improved without departing from the gist thereof, and equivalents thereof are also included in the present invention.

[0077] For example, while the above embodiment has been described with respect to an immediate settlement transaction for stocks, it can be applied to an immediate settlement transaction for securities that can be electronically settled. Here, “electronic payment is possible” means that payment can be made by exchanging electronic data.

[0078] Further, for example, the immediate settlement transaction described above can be applied to a general credit transaction that is not limited to a spot transaction. In that case, in addition to the customer information DB26, transaction server 2 Establish a securities company information database. The securities company information DB stores information on the purchase funds used by customers for general credit transactions, balance information of sold stock certificates, and loan limit information. When using general margin transactions, customers can receive funds for purchase or stock certificates for sale up to the amount indicated by the loan limit information stored in the securities company information DB. When a loan is received, the stock company purchases the purchase stock or proceeds from the sale.

[0079] Specifically, the transaction server 2 judges from the contract message received from the board server 3, and uses the general credit transaction from the securities company information DB (hereinafter referred to as the “customer”) customer information DB26 The balance information in the DB is updated so that the funds to be purchased or stock certificates sold by the securities company are transferred to the customer. Then, the balance information in the DB is updated so that the securities purchased by the brokerage firm or the selling price to which the brokerage firm should also receive the customer's customer power is transferred from the customer information DB26 of the customer to the brokerage firm information DB.

[0080] As described above, in the general credit transaction, the transaction server 2 performs the settlement by updating the customer information DB 26 and the securities company information DB of the customer other than the customer information DB 26 of the customer. Is called. The loan limit is checked by referring to the loan limit information in the securities company information DB at the time of placing an order, so settlement can be made without receiving the loan of purchased funds or shares for sale. There is no event of stagnation. Industrial applicability

[0081] According to the present invention, it is possible to reduce the settlement risk by performing immediate dalos settlement only between the securities company and the customer.

[0082] Furthermore, it is possible to escape from the complicated settlement system power unique to securities called T + 3, which leads to simplified calculation of surplus capacity and the like, and it is possible to broaden the customer base.

[0083] In addition, since the transaction that has been set as the difference payment is immediately made the Daross payment, it is possible to perform the transaction without the difference payment.

Claims

The scope of the claims

[1] A transaction server that accepts order information including the brand, quantity, limit and trading category of securities that can be electronically settled and a board server that performs securities transactions related to the order information are configured to be able to communicate with each other. A securities immediate settlement system for immediate settlement of securities transactions,

The transaction server includes a first storage unit and a first processing unit,

The first storage unit

Securities information including unit price and quote information of marketable securities;

Rules information including the unit price and quantity trading unit of securities;

Storing customer information including balance information of cash and securities in the customer account, and

The first processing unit includes:

The order information by comparing the securities information, the rule information, and the customer information stored in the first storage unit with the brand, quantity, limit, and trading category included in the received order information. Order information confirming means for confirming whether or not the order information is appropriate; and when the order information confirming means confirms that the order information is appropriate, the order information is transmitted to the board server. Means,

Stored in the first storage unit based on the contract name, quantity, amount and trading category included in the contract message received from the board server and indicating that the securities transaction related to the order information has been completed. Transaction result reflecting means for updating the customer information;

With

The board server includes a second storage unit and a second processing unit,

The second storage unit is

Board information including the price of securities for each issue, the quantity of sell orders corresponding to that price, and the quantity of buy orders

Remember

The second processing unit includes:

Quantity or purchase order of sell order in the board information stored in the second storage unit Board information creating means for adding the quantity of the order information received from the trading server to the quantity of sentences and storing it in accordance with the trading category;

In the board information, when there is other order information corresponding to the added order information, the quantity of the sell order and the quantity power of the buy order stored in the board information stored in the second storage unit are also the order. A contract means for deleting the quantity of information, creating the contract message related to the order information of the sale and purchase, and transmitting the contract message to the transaction server;

An immediate settlement system for securities.

[2] The securities immediate settlement system according to claim 1,

The order information confirmation means of the transaction server is:

When referring to the balance information of the customer account included in the customer information stored in the first storage unit, the minimum value is used as the balance that can be handled among the balance information after the day of the order.

An immediate settlement system for securities.

[3] The securities immediate settlement system according to claim 1 or claim 2,

The contract means of the board server sets the same contract number for the corresponding sell and buy contract messages, sends the sell and buy contract messages to the transaction server, and In the processing unit, when the contract message is received from the board server, the same contract number as the contract message is set, and the corresponding contract message is received, the transaction result reflecting means is the first storage unit. Update the customer information stored in

An immediate settlement system for securities.

[4] The securities immediate settlement system according to any one of claims 1 to 3 and claim 3,

The securities are stocks

An immediate settlement system for securities.

[5] A customer terminal owned by a customer who wants to buy and sell stock, a trading server for storing stock trading, and a board server for conducting stock trading are connected via electronic communication means to make an immediate settlement An immediate stock settlement system,

The customer terminal is

Input means for inputting order information including buying and selling of the desired stock;

A browsing means for browsing predetermined information provided from the transaction server and the board server,

The transaction server is

The stock price database that stores the stock price information according to the stock price in the market, the rule database that stores the rules as rule data,

Including the customer account as account information, storing information about the customer as customer information! /, A customer information database;

Order information confirmation means for confirming the stock price information, the rules and the customer information against the order information;

Storing the order information and placing the order information with respect to the plate server.

The board server is

Board registration means for registering the ordered order information with respect to the transaction board;

Board information creating means for creating board information including the registered order information;

It is determined whether or not there is matching information that is an order from another customer corresponding to the order information registered in the board information, and if there is, the order information and the corresponding information are executed and the transaction A transaction means for creating a transaction message for the server, and the transaction server further comprises:

Based on the contract message, transaction data creation and storage means for creating and storing transaction data, and settlement of the account information of the customer stored in the customer information database based on the transaction data, A stock immediate settlement system comprising transaction result reflecting means for updating the customer information.

Accepts order information including the brand, quantity, limit and trading category of securities that can be electronically settled, conducts securities transactions related to the order information, and immediately determines securities transactions An immediate settlement device for securities,

A storage unit and a processing unit;

The storage unit

Customer information, including cash and securities balance information in the customer account;

Board information including the price of securities for each issue, the quantity of sell orders corresponding to that price, and the quantity of buy orders;

Remember

The processor is

The order information is appropriate by comparing the securities information, the rule information, and the customer information stored in the storage unit with the brand, quantity, limit, and trading category included in the received order information. Order information confirmation means for confirming whether or not,

Order information output means for outputting the order information when the order information is confirmed to be appropriate by the order information confirmation means;

Board information creation for storing the quantity of the order information input from the order information output means in addition to the quantity of the sell order or the quantity of the buy order in the board information stored in the storage unit according to the trading category Means,

In the board information, when there is other order information corresponding to the added order information, the order information is calculated from the quantity of the sell order and the quantity of the purchase order in the board information stored in the storage unit. A contract means that deletes the quantity, indicates that the securities transaction related to the sell and buy order information has been completed, creates and outputs a contract message including the contract name, quantity, amount, and trading category; and

Transaction result reflecting means for updating the customer information stored in the storage unit based on the contract brand, quantity, amount and purchase category included in the contract message input from the contract means;

With

A securities immediate settlement apparatus characterized by that. The securities immediate settlement apparatus according to claim 6, wherein the securities are stocks.

A securities immediate settlement apparatus characterized by that.