Portfolio execution and reporting

US7937315B2 · kind B2 · utility

Assignee

• Archipelago Group LLC · US

Inventors

• Paul D. Adcock · Burr Ridge, US
• Michael A. Cormack · Evanston, US
• Thomas F. Haller · Longwood, US
• Robert A. Hill · Melvindale, US

Key dates

• Filing date: Jan 31, 2006
• Grant date: May 3, 2011
• Expiry date: Jun 30, 2027

Classification

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

Abstract

A program trade order process and related market center are disclosed which accumulate program trade orders throughout the trading day and execute the accumulated program trade orders at a designated time. The process disclosed provides trade reporting and order surveillance capabilities as well.