System and method for optimizing execution of trading orders
US7979339B2 · kind B2 · utility
21Cited by
15References
45Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Apr 4, 2006 |
| Grant date | Jul 12, 2011 |
| Priority date | — |
| Expiry date | Apr 10, 2028 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system for processing trading orders comprises an optimizer module operable to receive a first trading order and a second trading order. The optimizer module is further operable to receive market data associated with at least one market center. The optimizer module is further operable to determine whether to transmit the second trading order to the at least one market center prior to transmitting the first trading order to the at least one market center, the determination based at least in part on the market data.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.