US 2021/0233168 A1 · METHOD AND SYSTEM FOR PROCESSING ORDERS ON AN ELECTRONIC TRADING PLATFORM

Abstract

A method for processing orders on an electronic trading platform is provided. The method includes receiving, via a graphical user interface, an order relating to a request to transact in a first debt instrument from a party; extracting information relating to the first debt instrument from the order; determining, using at least one curating model and the extracted information, a counterparty relating to a potential participant to the order in a counterparty database; and transmitting, via a communication network, the order to the counterparty. The method further includes receiving, via the communication network, a response relating to the order from the counterparty, the response including a transaction parameter; and displaying, via a graphical user interface, the response together with the corresponding counterparty.

Claims18

Dependent claims

A method for processing orders on an electronic trading platform, the method being implemented by at least one processor, the method comprising:

receiving, by the at least one processor via a graphical user interface, at least one order relating to a request to transact in at least one first debt instrument from at least one party;
extracting, by the at least one processor, information relating to the at least one first debt instrument from the at least one order;
determining, by the at least one processor using at least one curating model and the extracted information, at least one counterparty relating to a potential participant for the at least one order in at least one counterparty database;
and
transmitting, by the at least one processor via a communication network, the at least one order to the at least one counterparty.

2 more elements

A computing device configured to implement an execution of a method for processing orders on an electronic trading platform, the computing device comprising:

a display screen;
a processor;
a memory;
and
a communication interface coupled to each of the processor, the memory, and the display screen,
wherein the processor is configured to:
receive, via a graphical user interface, at least one order relating to a request to transact in at least one first debt instrument from at least one party;
extract information relating to the at least one first debt instrument from the at least one order;
determine, by using at least one curating model and the extracted information, at least one counterparty relating to a potential participant for the at least one order in at least one counterparty database;
and
transmit, via a communication network, the at least one order to the at least one counterparty.

8 more elements

Dependencies are inferred from the claim text.

Method and system for processing orders on an electronic trading platform

Life of this patent

Method and system for processing orders on an electronic trading platform

Life of this patent

Abstract

Claims18