Systems and methods for compression of trade-related records

A system for processing securities transactions comprising:

• a data repository configured to store one or more trade records of securities transactions, said trade records comprising at least a security ID, an account ID, a trade amount, a price and a transaction type;
• and
• a computing system configured to compress multiple trade records into a single record, said computing system comprising one or more computing devices, said computing system configured to:
• select trade records having the same security ID, account ID and transaction type from the data repository;
• generate a first compressed trade record from the selected trade records, said first compressed trade record comprising the selected security ID, the selected account ID, the selected transaction type, a compressed price, and a compressed trade amount comprising an aggregate amount of the trade amounts of the selected trade records;
• transmit the first compressed trade record over a communication network to a clearing entity configured to update records;
• and
• transmit uncompressed trade records corresponding to the compressed trade record over the communication network to a central counterparty separate from the clearing entity.

A computer-implemented method for processing securities trades comprising:

• receiving two or more trade records comprising at least a security ID, an account ID, a trade amount, a price and a transaction type;
• selecting a set of trade records having the same security ID, account ID and transaction type, said set of trade records comprising uncompressed trade records;
• generating a first compressed trade record from the selected set of trade records, the first compressed trade record comprising the selected security ID, the selected account ID, the selected transaction type, a compressed price, and a compressed trade amount comprising an aggregate amount of the trade amounts of the set of trade records;
• transmitting the first compressed trade record over a communication network to a clearing entity;
• and
• transmitting the selected set of uncompressed trade records over the communication network to a central counterparty separate from the clearing entity.

A computer-readable medium having stored thereon instructions that, when executed, direct a computing system to:

• select from trade records comprising at least a security ID, an account ID, a trade amount, a price and a transaction type a set of trade records having the same security ID, account ID and transaction type;
• generate a first compressed trade record from the selected set of trade records, the first compressed trade record comprising the selected security ID, the selected account ID, the selected transaction type, a compressed price, and a compressed trade amount comprising an aggregate amount of the trade amounts of the set of trade records;
• transmit the first compressed trade record over a communication network to a clearing entity;
• and
• transmit the selected set of uncompressed trade records over the communication network to a central counterparty separate from the clearing entity.

A system for processing securities transactions comprising:

• a data repository configured to store one or more trade records of securities transactions;
• and
• a computing system comprising one or more computing devices, said computing system configured to:
• select trade records identifying the same security, account, and side from the data repository;
• transmit a compressed trade record corresponding with the selected trade records over a communication network to a clearing entity configured to update records;
• transmit uncompressed selected trade records over the communication network to a central counterparty separate from the clearing entity.