Algorithmic trading system and method
US8140416B2 · kind B2 · utility
39Cited by
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14Claims
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Key dates
| Filing date | Jun 18, 2007 |
| Grant date | Mar 20, 2012 |
| Priority date | — |
| Expiry date | Aug 21, 2029 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/00
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system and method for allowing market participants to evaluate the likelihood of finding hidden volume. The model can predict hidden volume and assess the probability that a market order will be executed within the spread and better than the mid-quote. The cost per immediate execution can be assessed.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.