Methods and systems for directing and executing certified trading interests

US8266045B2 · kind B2 · utility

Assignee

• ITG Software Solutions, Inc. · US

Inventors

• Henri Waelbroeck · Scarsdale, US
• Fred J. Federspiel · Larchmont, US
• James J. Angel · Arlington, US

Key dates

• Filing date: Sep 19, 2011
• Grant date: Sep 11, 2012
• Expiry date: Sep 19, 2031

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/03
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

One or more aspects comprise: (a) receiving confidential information that comprises data regarding first and second market participants; (b) receiving order and targeting parameters from said first participant; (c) receiving confidential trading interest information from said second participant; (d) identifying said second participant as a participant likely to take a contra side of said order; (e) routing said order to said second participant without revealing said first participant's identity or other confidential information regarding said first market participant, and wherein no information regarding said second participant or said confidential trading interest information received from said second participant is transferred to said first participant; and (f) producing a targeted dissemination list of market participants based on said confidential information and said order and targeting parameters, and wherein identifying a second participant that is most likely to take a contra side of said order is based on said dissemination list.