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Option type auction data processing method and system

A data processing system and data processing technology, applied in the field of data processing, can solve the problems of inability to bid data post-processing, complex real-time processing of bidding data, etc.

Inactive Publication Date: 2016-09-21
上海艺赢数字科技有限公司
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

For the current electronic auction system, in order to save the disk storage space of the auction server, in fact, after a higher bid data appears, the bid data / information before the higher bid data will be overwritten or deleted, so the current The electronic auction system cannot post-process every bid data that appears in the entire auction process after the bidding is over, so as to obtain further data calculation (or information processing) results that are beneficial to the auction process
At the same time, due to the limitations of the overall framework of the current electronic auction system itself, it is impossible for them to perform complex real-time processing of each bid data to substantially promote the auction process.

Method used

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  • Option type auction data processing method and system
  • Option type auction data processing method and system
  • Option type auction data processing method and system

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Embodiment Construction

[0030]This application establishes a data interaction method for option-based auctions, that is, during the bidding process of each round of the auction, the bidding rights of this round, that is, the bidding options, are stripped out. For bidding rights, that is, bidding options, using an option pricing method such as a binary tree model, multi-dimensional variables such as the expiration time of the bidding, the price of the subject matter, the bidding range, and the volatility can be associated, and the options for each round of bidding options can be quantitatively calculated value f. The bidder can effectively analyze the expected trade-off between the rights income obtained from the execution of the bidding option and the option cost paid, and make the most economical choice.

[0031] In the auction model, any object to be auctioned will be first split into physical object and imaginary object. The physical object is the auction item itself, and the virtual object is th...

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Abstract

The invention provides a data processing method and system for option type auction. The system includes: a database module and a data processing module, wherein the database module includes: an information storage unit, which stores bidding data information; a rule storage unit, which stores data processing rules; the data processing module includes: a first computing unit , according to the detected bidding data to construct a binary tree model for quantitative calculation; the second calculation unit receives the result of the first calculation unit, and performs cyclic calculation to obtain the bidder's income. This method can avoid the systematic risk of bidding and reduce the unsold rate.

Description

technical field [0001] The present invention relates to a data processing method and system, in particular to a data processing method and system for option type auction. Background technique [0002] With the development of the international art market, the auction trading system plays a very important role in the art transaction process. It helps to discover the value of artworks and enhance the transaction value of artworks. For investors and collectors, the traditional auction method is almost the most direct and effective way to obtain artworks. [0003] However, the current bidding method also reflects great limitations. Mainly, the liquidity is poor and the investment transaction risk is high, the bidding risk is high, the risk cannot be dispersed, the analysis cannot be priced, and there is no risk compensation mechanism. The so-called high risk of investment transactions is that investors and collectors bear almost all the risks of investing in artworks. What is...

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Application Information

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IPC IPC(8): G06Q30/08
CPCG06Q30/08
Inventor 王焱
Owner 上海艺赢数字科技有限公司