MARKET DATA HANDLING BASED ON DERIVATIVE CONTRACT SPECIFICATIONS

摘要

In an example embodiment a market data management system allows users to track information regarding commodities. A representative market data management system comprises physical commodity objects including a plurality of fields that describe a real world commodity, market identifier objects including market identifier codes, and contract specification objects including a plurality of fields that describe a derivative contract specification for a particular commodity traded at a particular commodity market. In the data model, a one to many relationship may exist for a physical commodity object and contract specification objects (e.g., a given commodity may be traded according to different derivative contract specifications). The data model may also allow a many to many relationship between contract specification objects and market identifier objects (e.g., a given market may have multiple derivative contract specifications and/or a given derivative contract specification may have the same terms at different markets).