Matt Trudeau

A financial instrument trading system is provided which allows for the establishment and trading of cryptographic difficulty-based financial instruments using physical delivery of the underlying cryptocurrency. The cryptographic difficulty-based financial instruments are based on an expected value including the predetermined reward per block of cryptocurrency, a predetermined hashrate, a predetermined financial instrument length, the predetermined nonce value of the underlying cryptocurrency… Show more

A financial instrument trading system is provided which allows for the establishment and trading of cryptographic difficulty-based financial instruments using physical delivery of the underlying cryptocurrency. The cryptographic difficulty-based financial instruments are based on an expected value including the predetermined reward per block of cryptocurrency, a predetermined hashrate, a predetermined financial instrument length, the predetermined nonce value of the underlying cryptocurrency, and the current difficulty level employed by the underlying cryptocurrency, and may vary as the difficulty level varies. The clearinghouse settlement system calculates daily variation margin in valuation of the financial instrument and provides for physical delivery of the underlying cryptocurrency to satisfy the variation margin. Show less

A method and a system for facilitating international securities trading include receiving market data specified in the local currency of a market center. The system includes a central platform that provides foreign executable currency quotes, which can be used to convert the market center's central limit order book into multiple foreign currencies. Orders specified in a foreign currency are converted to the local currency and placed with the market center. When two orders are matched, the… Show more

A method and a system for facilitating international securities trading include receiving market data specified in the local currency of a market center. The system includes a central platform that provides foreign executable currency quotes, which can be used to convert the market center's central limit order book into multiple foreign currencies. Orders specified in a foreign currency are converted to the local currency and placed with the market center. When two orders are matched, the system handles execution of a foreign exchange (FX) portion of the order based on the best FX quote provided by an FX liquidity provider, locked in at the time of receipt of the order. Show less