Systems and methods for electronic trade order routing

US12067619B1 · kind B1 · utility

Assignee

• BlackRock, Inc. · US

Inventors

• Shawn Simpson · New York, US
• Jingxin Xi · Jersey City, US
• Donald Harold Rivers Weidner · New York, US
• Trevor Hastie · Palo Alto, US
• Robert Tibshirani · Stanford, US

Key dates

• Filing date: Jun 22, 2022
• Grant date: Aug 20, 2024
• Expiry date: Jun 22, 2042

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/06
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

The present application generally relates to electronic trading systems, and more specifically to systems and methods for electronic trade order routing. A routing algorithm may generate an execution style recommendation for incoming IG corporate orders. For example, the style recommendation may be shown as a new column in the trading application dashboard that suggests a course of action to traders for each order. In one implementation, automatic decision making may occur based on the style recommendation.